Hate paying taxes? What if you have to pay twice?
Usually, rules prevent Americans from doing that, but occasionally, it can still happen. The potential for double taxation typically occurs when people live and work in different places. For example, if you choose, but aren’t required, to work in a different state from your employer.
Even if you escape double taxation, sorting through the rules can be complicated and require extra tax filings. Every state has different rules, but states generally require you to pay taxes and file a return if you’re a resident or a nonresident earning income in the state. That is unless the state has a…
Read the full article at MONEYTALKSNEWS.COM
