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Posted by none on June 10, 2006, 4:19 pm
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If I buy a vacation home in Oregon and live there three
months a year, do I owe state income tax to Oregon?
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Posted by NadCixelsyd on June 12, 2006, 8:59 pm
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none wrote:
> If I buy a vacation home in Oregon and live there three
> months a year, do I owe state income tax to Oregon?
Only if you earn money while you are in Oregon.
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<< The foregoing is intended for educational purposes only >>
<< and does NOT constitute legal OR professional advice. >>
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<< The Charter and the Guidelines for submitting >>
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<< Copyright (2006) - All rights reserved. >>
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Posted by Herb Smith on June 12, 2006, 8:59 pm
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> If I buy a vacation home in Oregon and live there three
> months a year, do I owe state income tax to Oregon?
Yes, if you sell or rent the property during the year.
<< ======================================================= >>
<< The foregoing is intended for educational purposes only >>
<< and does NOT constitute legal OR professional advice. >>
<< >>
<< The Charter and the Guidelines for submitting >>
<< messages to this newsgroup are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
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Posted by Paul Thomas, CPA on June 12, 2006, 8:59 pm
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> If I buy a vacation home in Oregon and live there three
> months a year, do I owe state income tax to Oregon?
Not unless you earned income from that state, as in taking a
part-time job or self-employment. And, if you rented out
the home while you were away, you will owe tax to that state
even if you never went there.
--
Paul Thomas, CPA
paulthomascpapc@bellsouth.net
<< ======================================================= >>
<< The foregoing is intended for educational purposes only >>
<< and does NOT constitute legal OR professional advice. >>
<< >>
<< The Charter and the Guidelines for submitting >>
<< messages to this newsgroup are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
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Posted by Benjamin Yazersky CPA on June 12, 2006, 9:18 pm
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> If I buy a vacation home in Oregon and live there three
> months a year, do I owe state income tax to Oregon?
It all depends on domicile & residency. Each state is
different.
--
This written advice was not intended or
written to be used, and it cannot be
used by any taxpayer, for the purpose
of avoiding penalties that may be
imposed on the taxpayer.
(The foregoing legend has been affixed
pursuant to U.S. Treasury Regulations
governing tax practice.)
<<< Benjamin Yazersky CPA [NJ & NY] >>>
---> real address on hobokenx or hobokeni <---
<< ======================================================= >>
<< The foregoing is intended for educational purposes only >>
<< and does NOT constitute legal OR professional advice. >>
<< >>
<< The Charter and the Guidelines for submitting >>
<< messages to this newsgroup are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
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