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| *Ostroff, Fair and Company>>>United States Taxes |
If filing joint federal returns, do we have to file joint state returns? Even if income split between states? |
We live in New York. My wife works in NYC, but I work in Connecticut. My wife makes much more than I do. We generally file joint federal tax returns, but it more complex now that I have to file in CT as well. Do I have to file jointly there? Or can you file jointly in Fed & NY state, and then married but separately in another state? You would file joint for Federal, NY and CT. It is more beneficial than filing separately. For NY you would file Form IT-201 to report total income since you're NYS residents. You would also need to file Form IT-112-R to calculate your tax credit for taxes you paid to CT on your income. Form NY IT-112-R http://www.tax.state.ny.us/pdf/2006/fill... For CT, you would file a CT-1040NR/PY since you are both non-residents. Only your income is taxable in CT. You need to report this on Form CT-SI. The non-resident tax return will take your income as a % of total income. It figures out CT tax as if you were residents. Then they multiply the total tax by the % mentioned earlier to arrive at the amount of CT tax liability. You should do the CT tax return first. Then you will have the info needed to prepare the NY IT-112-R. Form CT-SI http://www.ct.gov/drs/lib/drs/forms/2006... Source(s): cpa in nyc Yes, you do. You can't split it if you chose joint on federal. you don't have a choice. you have to file jointly. You need to file a non resident return in CT and then take a credit for the taxes paid in NY. |
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