Can I combine my income/tax or do I have to file 2 federal tax returns (I know I probably will have to file state tax in CA and in NY).
Thanks for any advice you can offer!I changed jobs this year moving from LA to NY. How do I file?
How many countries did you live in during the year? Last I checked, California and New York were both in the United States. That means you only file one federal return.
How you file your CA and NY returns will depend on the complexity of your tax situation and your employment situation. If you were paid from the NY employer while you were still in CA (for example, if the new company paid moving expenses to you before you moved), then some of the NY income is taxable to CA.
You will need to provide your tax preparer a schedule of where you earned income. Use bank statements to split interest income, etc. The timing of your deductions is less important.
If you paid for your move, you will need to provide your preparer the moving company bill, the cost of lodging (if you drove) during your trip across the country. You can include in the moving expense 24 cents per mile if you drove or the cost of your plane ticket if you flew. (Plug your old address and your new one into mapquest to get your miles.)
If your new employer reimbursed you for only part of the move, then you subtract that off to get your deductible amount. You don't have to itemize your deductions to get a benefit. (Technically speaking, the cost of the move isn't a deduction, it's an adjustment to gross income and is sometimes called an ';above the line'; deduction.)
The best advice I can give you is to have somebody else prepare your taxes.
I hope this helps.
GaryI changed jobs this year moving from LA to NY. How do I file?
You only file one federal tax return. In 2010 you will be filing for 2009.
Use the 1040EZ if you have no deductions. But didn't you have moving expenses, job hunting expenses, etc?
You file ONE federal return with all income on it - even if you had 20 jobs.
You will file one federal return and two state returns. Each state is different but usually they want to know how long you lived there and based on the answers that you give you will either receive a refund or what was withheld will satisfy the state. Additionally, some cities also charge income tax and NYC is one of them!
You may want to have your taxes prepared by a professional tax preparer because there may be things you can claim that will benefit you. It will cost you some bucks but you want it done correctly. I suggest H %26amp; R Block who has well trained people working in their offices.
For federal, you'll file one return, from your current address. If you qualify to use the 1040EZ, you can use it - having W-2's from multiple states doesn't matter, just combine them on the return. You are not allowed to file multiple federal returns.
Dear Marc: One Federal probably 1040 or 1040A.
CA as a part year resident. NY as a part year resident allocating income as appropriate for the dates you lived in each state. It would be good to get some help on this one.
Pay attention to your W2's (if you are paid by W2) and the state with holding for each state. You may also have city issues in NY and be required to file a city return. I would look to someone in the NY area as that will probably be the most complicated.
This advice was prepared based on our understanding of the tax law in effect at the time it was written as it applies to the facts that you provided. Click on my profile to read more. Errol Quinn Enrolled Agent
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