Paying State Income Tax in Non-resident States

[Todd King]

It is always a zero sum game. The reason this has not become a big issue is that only CA and NY, have an incentive to go after large insurance producers and find some money which gets offset by whatever home state the agency has already paid taxes on. So you need to find an agent who produced at least 20000 in commissions as a non resident to make it worthwhile for tax auditor. I don't think there are too many.

I'll bet there are plenty of agents right here on the forum that make more than 20K in non-res states. I've made more than that myself while being a non-res of SC and living in VA.

 

[senior-advisor-indiana]

I file my taxes in 5 states. I usually get a refund in the neighborhood of $18k...

 

[Todd King]

I file my taxes in 5 states. I usually get a refund in the neighborhood of $18k...

Well, up until you made this post. Rick has now reported you to the IRS because you didn't give him his cut.

 

[senior-advisor-indiana]

Well, up until you made this post. Rick has now reported you to the IRS because you didn't give him his cut.

I claim Rick as a dependent....

 

[Todd King]

I claim Rick as a dependent....

Yeah, that's why he wants his part!

 

[axeman462]

I file my taxes in 5 states. I usually get a refund in the neighborhood of $18k...

Since I just changed my party affiliation to Democrat, I now believe in "sharing the wealth". Where my cut?