Why is your residency important? Similar to the federal income tax, a state in the United States may impose personal income taxes on the state residents of world-wide income regardless of where the income is from. Nonresidents are taxed only income attributable to (“sourced to”) that state. Part-year residents are taxable on their world-wide income […]
Read More… from State Residency for state tax purpose–It is not a “to be not to be” issue.