answersLogoWhite

0

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.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Continue Learning about Finance

If I live in Florida and work in Virginia where do I pay State taxes?

no


What are the potential implications of letting family live in a second home rent free?

Allowing family to live in a second home rent-free can have financial implications, such as loss of rental income or increased maintenance costs. It may also impact family dynamics, potentially leading to conflicts over property ownership or unequal treatment among family members. Additionally, there could be tax implications and legal considerations to take into account.


What happens if you cant pay your online payday loans if you live in Maryland?

In Maryland, legally you have nothing to be concerned about. Payday lending is illegal in Maryland. No payday lender could successfully take any legal action against you. They will still harass you and attempt to scare you into paying them. They will threaten to sue, arrest, garnish, suspend your license, etc. They can do none of these things. You need to report any payday collectors to the Maryland Commissioner of Financial Regulation. They will advise you of the laws, and initiate an investigation into the payday lender/collector.


If your salary 38000 US dollars is sufficient for you and your spouse in Virginia?

That depends on your life style. In Virginia, if you live in Richmond on your salary, you would have to make almost $50,000 in suburban DC to have the same lifestyle. The median household income according to the Bureau of the Census is $61,000/yr in the state of Virginia factoring for the last 3 years.


What are the tax implications for a married couple filing jointly who live in different states?

When a married couple files jointly but lives in different states, they may need to file state tax returns in both states. Each state has its own rules for taxing residents and non-residents, so the couple should consult with a tax professional to determine the specific tax implications for their situation.

Related Questions

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

You pay Virginia taxes.


Can i apply for a learner's permit in Maryland even if i live in Virginia?

You may only apply in the state you reside in.


Can a pregnant 16 year old go to Maryland to get married without parental consent if they live in Virginia?

Yes she can


If you get a parking ticket in Maryland but you live in Virginia -- do you have to pay it?

Of course ... being from another state does not excuse anyone from obeying the laws of where you are traveling.


Where does Nonnie live -From The Great Gilly Hopkins?

Nonnie lives in Baltimore, Maryland, in the book "The Great Gilly Hopkins."


What is the best auto insurance agency in Maryland?

As of right now I have State Farm and they have treated me really well, they have good rates and they have amazing costumer service. I live in Virginia and I assume it will work in Maryland too.


Do vampire live in Maryland?

No. Vampires aren't real. I live in Maryland.


Where did Jacqueline Kennedy live?

Hyannis Port, Massachusetts Palm Beach, Florida McLean, Virginia Georgetown, Maryland Washington, D.C. New York City


Who lives on a plantation?

The people who live on plantations are us. The southern part of the 13 colony's. They're Virginia, Maryland, Georgia, North Carolina, and South Carolina.


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.


Do you need a lawyer to file a civil suit in Virginia?

I live in Maryland and the person I would like to sue lives in Virginia can I file in Maryland?


What town in Maryland does Phineas and Ferb live?

They don't live in Maryland, they live in the fictional town of Danville.