Hello! I am a CPA here to assist you with your tax questions. My goal is to provide you with excellent service today.
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You're going to have to file joint tax returns for federal, New York, and OK. However, you will only owe income tax on income you earned in New York in New York, and only in OK when you earned it htere
You will be a part year resident in New York and OK both
So, in essence you will not be paying tax on income you earned in New York in Oklahoma and vice versa. Your wife is a full year resident of OK, but a non-resident of NY so none of her income is taxed in New York
Hi. But the NY/NYC forms only have a place for fed income to be carried over (jointly) which seems to indicate that we're carrying over the full federal amount, which means NY will tax all family income, including the wife's, since we file federal jointly.
Yes, but you will make adjustments for non-NY income
Thing is - on form it203, the federal amount is just one amount, carried over from the federal return. There doesn't seem to be a means of inputting a partial amount for *my* part of the federal income.
Yes, it's on the rest of the tax form. You will need to complete the return. IN the year of your change, I would suggest having an accountant do your taxes because they will be very complex
You use the part year tax return - IT-203
Looking at it now. One sec.
I'm looking on IT 203 for where it actually *exempts* the wife's portion of total federal taxable income (made up of wife and I both) from NY taxation. It doesn't seem to be there?
You put the federal amount on one column and the New York State only income on that column
You don't put your wife's income on the New York State column
Ah - so you're saying the NY only income is only *my income* and only *my income for the portion of time I was in NY*!
That is correct
You rock. That's clarity! Mind if I ask one more tiny question?
Okay that's fine
If I just skipped all this and waited to file NY clean in 2014 and filed OK only in 2013, would they get me?
They could, yes because you owe New York and New York City tax.
And New York is about like California in terms of finding those who owe them money
You've been great. I appreciate it. I admit I wasn't sure I could get good help on a site like this. First time. But it works.
Will be doing this again!