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#10
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| New York optionally allows the full federal itemized deduction less NY state income taxes. But our standard deduction is high enough ($14,600 MFJ) than many taxpayers end up with an itemized federal return and a standard deduction on their state return. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#9
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| "Bob B" <bobabrown[at]comcast.net> wrote: - quote - > cooper06[at]yahoo.com (Michael Cooper) wrote:
Michigan is an AGI state and therefore has no deductions per say.> > If you are wandering around this group on the 14th, you're > > my kinda tax preparer. > > > Taking a quick survey as it regards to pending bill in > > Missouri Senate. > > > The question is: > > > Can a non-resident in your state take a deduction for > > property taxes paid in another state? > > > I'd like your answer Yes/No: > > Your state: > > Relative Tax Rate by Percentage: > > > Thanks! > > > (explanation below if you are interested) > > > Missouri uses the federal total itemized deduction and then > > adds back a couple of other items less state tax to come up > > with a taxable income to tax at 6%. The only two major > > cities in Missouri are Saint Louis and Kansas City. Both > > are on borders and both draw in workers from Illinois and > > Kansas respectively. The proposal is to make non-residents > > only add back in their property tax and tax that at 6% too. > > Me thinks this is a way of raising funds while only > > irritating non-voting members of the tax base! Feel free to > > offer your opinion. > In Connecticut, itemized expenses are not used for residents > or non-residents. A small credit for local property tax is > given to residents, but it is $350 or less. -- Regards, Mark Rigotti << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#8
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| Bob B <bobabrown[at]comcast.net> writes: - quote - > In Connecticut, itemized expenses are not used for residents
This prompted me to remember that Illinois doesn't have> or non-residents. itemized deductions. Phil Marti Topeka, KS << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#7
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| cooper06[at]yahoo.com (Michael Cooper) wrote: - quote - > If you are wandering around this group on the 14th, you're
In Connecticut, itemized expenses are not used for residents> my kinda tax preparer. > Taking a quick survey as it regards to pending bill in > Missouri Senate. > The question is: > Can a non-resident in your state take a deduction for > property taxes paid in another state? > I'd like your answer Yes/No: > Your state: > Relative Tax Rate by Percentage: > Thanks! > (explanation below if you are interested) > Missouri uses the federal total itemized deduction and then > adds back a couple of other items less state tax to come up > with a taxable income to tax at 6%. The only two major > cities in Missouri are Saint Louis and Kansas City. Both > are on borders and both draw in workers from Illinois and > Kansas respectively. The proposal is to make non-residents > only add back in their property tax and tax that at 6% too. > Me thinks this is a way of raising funds while only > irritating non-voting members of the tax base! Feel free to > offer your opinion. or non-residents. A small credit for local property tax is given to residents, but it is $350 or less. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#6
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| - quote - > Can a non-resident in your state take a deduction for
Yes> property taxes paid in another state? > I'd like your answer Yes/No: - quote - > Your state:
Iowa- quote - > Relative Tax Rate by Percentage:
I'm not sure what you mean by "relative". Iowa has aprogressive tax rate ranging from 0.36% to 8.98%; taxpayers with AGI of less than $9,000 (single) or $13,500 (other filing statuses) are exempt from tax. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#5
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| mcooper06[at]yahoo.com (Michael Cooper) wrote: - quote - > If you are wandering around this group on the 14th, you're
No: Pennsylvania> my kinda tax preparer. > Taking a quick survey as it regards to pending bill in > Missouri Senate. > The question is: > Can a non-resident in your state take a deduction for > property taxes paid in another state? > I'd like your answer Yes/No: > Your state: > Relative Tax Rate by Percentage: (Property taxes are not deductible by _any_ taxpayer in Pa. unless paid on business or rental property.) -- D.F. Manno dommanno[at]netscape.net "They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety." (Benjamin Franklin) << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#4
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| (mailed and posted) Michael Cooper wrote: - quote - > Can a non-resident in your state take a deduction for
* Both states copy it from the Federal schedule A,> property taxes paid in another state? > I'd like your answer Yes/No: Maybe*, No* > Your state: California, Arizona. but allow it in different ways on the state schedule A-equivalent. California (essentially) allocates itemized deductions according to the fraction of Californa-source income. So the correct answer is "it doesn't matter whether it's a California property or not". If it's a rental property, then the answer would be "No". Arizona recalculates the itemized deductions to be only those which are incurred (or paid -- it wasn't clear) when you are a resident or are related to Arizona-source income. However -- it's still deducted for "Federal taxable income recalculated for Arizona purposes", but not for "Arizona taxable income". << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#3
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| Michael Cooper wrote: - quote - > If you are wandering around this group on the 14th, you're
This smells like an end around attempt to avoid the equal> my kinda tax preparer. > Taking a quick survey as it regards to pending bill in > Missouri Senate. > The question is: > Can a non-resident in your state take a deduction for > property taxes paid in another state? > I'd like your answer Yes/No: > Your state: > Relative Tax Rate by Percentage: > Thanks! > (explanation below if you are interested) > Missouri uses the federal total itemized deduction and then > adds back a couple of other items less state tax to come up > with a taxable income to tax at 6%. The only two major > cities in Missouri are Saint Louis and Kansas City. Both > are on borders and both draw in workers from Illinois and > Kansas respectively. The proposal is to make non-residents > only add back in their property tax and tax that at 6% too. > Me thinks this is a way of raising funds while only > irritating non-voting members of the tax base! Feel free to > offer your opinion. protection provisions of the Constitution that eventually will fail. -- Frederick E. Jorden http://Tax-Accounting-Payroll.com 7825 Midlothian Tpk - 207 Richmond, VA 23235-5247 EMAIL knowtax[at]bigfoot.com (804) 320-6210 FAX (804) 320-6211 << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#2
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| mcooper06[at]yahoo.com (Michael Cooper) writes: - quote - > Can a non-resident in your state take a deduction for
Yes. The only adjustment to Federal itemized deductions is> property taxes paid in another state? state/local income tax. - quote - > I'd like your answer Yes/No:
Kansas> Your state: - quote - > Relative Tax Rate by Percentage:
Not sure what you're looking for here. The rates areprogressive: 3.5% 6.25% and 6.45%. Phil Marti Topeka, KS << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
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| "Michael Cooper" <mcooper06[at]yahoo.com> wrote - quote - > Can a non-resident in your state take a deduction for
Yes, Georgia, 6%> property taxes paid in another state? -- Paul A. Thomas, CPA Athens, Georgia taxman at negia.net << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| Michael Cooper wrote: - quote - > Missouri uses the federal total itemized deduction and then
My money says Missouri will lose in every federal court that> adds back a couple of other items less state tax to come up > with a taxable income to tax at 6%. The only two major > cities in Missouri are Saint Louis and Kansas City. Both > are on borders and both draw in workers from Illinois and > Kansas respectively. The proposal is to make non-residents > only add back in their property tax and tax that at 6% too. > Me thinks this is a way of raising funds while only > irritating non-voting members of the tax base! Feel free to > offer your opinion. hears this case and that Willie and the Supremes will not be bothered to hear Missouri's final appeal. This is similar to Kal-e-forn-ya wanting to tax the satelites in the sky. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
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| If you are wandering around this group on the 14th, you're my kinda tax preparer. Taking a quick survey as it regards to pending bill in Missouri Senate. The question is: Can a non-resident in your state take a deduction for property taxes paid in another state? I'd like your answer Yes/No: Your state: Relative Tax Rate by Percentage: Thanks! (explanation below if you are interested) Missouri uses the federal total itemized deduction and then adds back a couple of other items less state tax to come up with a taxable income to tax at 6%. The only two major cities in Missouri are Saint Louis and Kansas City. Both are on borders and both draw in workers from Illinois and Kansas respectively. The proposal is to make non-residents only add back in their property tax and tax that at 6% too. Me thinks this is a way of raising funds while only irritating non-voting members of the tax base! Feel free to offer your opinion. Mike. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| preparers, survey, tax |
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