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Do I have to file a Wisconsin tax return ?Q. I am a full-time Illinois resident, and work full-time in Illinois, yet I have a duplex in Kenosha, WI. Am I obligated to file a return for WI for this income, or does the recip agreement between IL and WI eliminate this requirement? Is there anyone in a similar circumstance that can speak from experience? A. No experience. www.revenue.state.il.us/Individuals/FilingRequirements/index.htm says ========================================================= An Iowa, Kentucky, Michigan, or Wisconsin resident who worked in Illinois, must file Form IL-1040 and Schedule NR if you received income in Illinois from sources other than wages, salaries, tips, and commissions (you must pay tax on this income regardless of residency);or you want a refund of any Illinois Income Tax withheld. If you received compensation from Illinois employers, you are not required to pay Illinois Income Tax on this income. This is based on reciprocal agreements between Illinois and these states and applies only to compensation you received from wages, salaries, tips, and commissions. The reciprocal agreements do not apply to any other income you might have received, such as Illinois lottery winnings. ================================================================== So if you rent that condo, you file. If it is your vacation house, I don't think so. This is a nice list of reciprocal arrangements: http://www.payroll-taxes.com/articles/reciprocals.html -The reciprocal agreement applies only to compensation for services. The rental income is Wisconsin source income subject to Wisconsin tax. You do need to file a Wisconsin nonresident return. Illinois will give you credit for the tax you pay to Wisconsin on that income, limited to the Illinois tax on that income.
Other Questions: -Check out the Federation of Tax Administrators Home Page. I'm not certain what their URL is, but I have a link to them from my home page (http://www.taxweb.com). Also, if that doesn't help, try going to your local library and finding a copy of the... Resident of Ohio or Texas for state income tax purposes?Resident of Ohio or Texas for state income tax purposes? I work for a company in Ohio. I have an apartment in Ohio and have lived there for many years. My job required me to be at a work site in Texas much of 2002. The first week of January 200... There is no such thing as United States income tax ?There is no such thing as United States income tax ? The tax is levied against "taxable income.-The most comprehensive explanation of which is found at a website called, not surprisingly, http://www.taxableincome.net -Not really. The income... Many pay no U.S. Federal Income Tax ?Many pay no U.S. Federal Income Tax? I read that in 1999 48% of federal income tax filers paid zero tax. Furthermore, due to the Earned Income Tax Credit, many of these persons got money back from the IRS resulting in a net gain for those pers... How much GLOBAL income tax in Virginia ?How much GLOBAL income tax in Virginia ? I've been looking on the net for specific informations, but was not able to get any that I could digest easily. In a nutshell, I'm thinking about moving in the state of Virginia from Canada to work in the ...
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