I'm Anne. I've been preparing taxes for 27 years and I'll be helping you today.
This is actually a multi part question, so I will try to tie all of the "ends" together for you.
Keeping your family home in IL is no problem. However, just having a home there does NOT mean you can still file as a resident of IL
According to the IRS
, everyone has a "tax home" and primary residence. Fortunately for most of us
, they are 1 and the same
In your scenario however, your primary resident is different than your tax home.
Please see page 3 of pub 463 in the middle column entitle "Tax Home"
Since your tax home is different than your primary residence, you are correct that you will lose the property tax credit
for your home in IL
I know that many people believe that by not changing their driver's license, they can still remain a resident of the previous state
However,the address on your driver's license is just a small piece of the picture. when it comes to filing
your taxes.The bigger questions are: where do you work.....where are you registered to vote, what state tax is withheld on your W2,etc.
If you have any questions, please post them here and I'll be notified.
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