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marginal state income tax rate for part-year residents?Q. marginal state income tax rate for part-year residents? My wife lived in New York for about half of 2004 and earned about $25 K. She lived in another state for the rest of the year, and I did not reside in NY or work in NY during the year. Her marginal income tax rate in NY would be low, based on only her NY income, but it would be much higher if based on our joint income for the whole year. What determines one's marginal state income tax rate -- the income in that state, or the overall income of both spouses in all states? Is the answer specific to New York or general to most/all states? I am trying to determine how much we would save in taxes by contributing to the NY 529 college savings plan, for which I believe New York offers an income tax deduction A. - Per the IT 203 instructions, when one spouse is a nonresident with NY source income or a part-year resident, and the other spouse is a full year nonresident with no NY source income, and they file a joint federal income tax return, they must
Other Questions: I anticipate having to foreclose on property worth between $50K and $75K. The mortgagee has said that if I foreclose he may just have to file for bankruptcy to protect his interests. He owes me $41500 and he owes overdue real estate taxes of $7... Bankruptcy Debt Personal information.I am a partner of a small company and due to a down turn in business I was forced to file bankruptcy. At the time of my discharge the company had 3 partners and 180K in debt. Since 60K of that debt was only personally guaranteed by me it was ... How much does it cost to convert the case to chapter 7?How hard is a transition to chapter 7 from 13 in California? How much does it cost to convert the case to chapter 7?That would definitely throw us into Chapter 7 catagory with maybe $100 left after all expenses. Before you think that filing l... Can bankruptcy forms be filled out online and then printed for presentation to the court clerk?Can bankruptcy forms be filled out online and then printed for presentation to the court clerk?-Unless you're fully aware of all the laws and specifics regarding exemptions, etc., in your state, you're likely to find yourself running afoul o... REFINANCING A HOME AFTER BANKRUPTCYI puchased a new mobile home last year. With all the debt i had i could only get a variable rate mortgage. Bankruptcy should be discharged in another month. Could i be able to refinance in the future for a lower rate with all my debt gone? I...
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