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What are the tax implications for individuals who live in Maryland but work in Virginia?

Individuals who live in Maryland but work in Virginia may be subject to both Maryland and Virginia state taxes. They may need to file tax returns in both states and potentially pay taxes to both states, depending on each state's tax laws and any reciprocal agreements in place. It is important for these individuals to understand the tax implications and seek guidance from a tax professional to ensure compliance with both states' tax requirements.


Do military persons who have California state residency but live and serve in another state have to pay California state taxes?

No.


Can you claim mortgage interest on income taxes on your NY home and live in Florida?

On your federal income taxes, you are allowed to claim a mortgage interest deduction for your principal residence and one other residence of your choice. It does not have to be in the same state. In addition, you are allowed to claim the interest on all rental or business properties.


What happens if you win the lottery in a different state?

If you win the lottery in a different state, you can still claim your prize, but you may have to pay taxes in both the state where you bought the ticket and the state where you live.


How do I determine if I am a resident of a state?

You can determine if you are a resident of a state by looking at factors like where you live, where you work, where you pay taxes, and where you are registered to vote. Residency requirements can vary by state, so it's important to check the specific rules of the state in question.

Related Questions

If you buy a car in Florida and live in Georgia where do you pay taxes?

You pay the taxes of your vehicle under the state you decide to register this vehicle in.


If you buy a car in Maryland and live in Virginia where do you pay taxes?

You pay Virginia taxes.


If you work in Florida and live in Georgia does your employer need to take out Georgia state taxes?

yes it is the best


If you buy a car in tax-free New Hampshire and you move to Florida will you have to pay taxes?

Yes- you pay the taxes when you register your car in the state you live in.


If you live in Florida but work in Illinois can you avoid paying Illinois state income taxes?

No because Illinois will want some state income taxes paid on the income that was earned in Illinois.


You live in Florida and pastor a church in Georgia Do you pay Georgia state tax?

I think you have to pay state taxes anyway, or maybe just state taxes for the church. But on the good side you don't have to pay federal taxes because you don't live there. I really am not too sure though.


File an Extension for State Taxes Too?

If you require an extension on the filing of your taxes, do not forget to file an extension for state taxes too. Of course, if you live in a state like Florida that does not have a personal income tax, then you will not need to worry about filing taxes at all. In a majority of other states filing an extension is essential. You may incur certain fees or expenses if you fail to file an extension for your state taxes. Be sure to research the requirements for your state on receiving an extension for the filing of state taxes.


Do you pay state taxes where you work or where you live?

where i live


You work in Virginia but live in North Carolina do you have to pay Virginia withholding taxes?

Yes, you do. You have to pay nonresident state tax meaning you earned money in VA, but didn't live there. The only exceptions (due to a reciprocal state tax) would be if you earned money in VA, but lived in District of Columbia, Kentucky, Maryland, Pennsylvania, or West Virginia.


What state does bratayley live?

Virginia


Where do eastern box turtles live?

They live in Florida, Georgia, West Virginia, Virginia half of the Illinois, half of the Texas.


What state did the Powhatan live in?

The Virginia Algonquians or "Powhatans" lived in Virginia.