Wednesday, April 25, 2007

Divided loyalties

I went to my accountant this afternoon to sort out my Virginia tax return. The prinicpal matter was to resolve the issues of my residency. It was determined that until I switch my legal residency, my presence in Virginia is considered an "assignment". While a man can't serve two masters, according to the vultures at the Virginia Department of Taxation, a man can be a resident of two states at the same time. So, I am legally a resident of the State of Michigan (based on a multipart test), but also a resident of Virginia. In other words, this means that I have the joy of paying Virginia taxes. Ordinarily, this situation would be totally lousy, but thanks to Michigan's tax laws (have I mentioned how cool Michigan is?), I'm not quite as screwed as I would have thought. Michigan's tax code understands that many of its snowbirds would be doubly taxed, so it ensures that its citizens aren't penalized for it. The downside is that I get to pay Virginia's taxes now, and receive my Michigan refund once they have processed my ammended return. Still, it is a bit of relief to know exactly where I stand from a tax perspective, and that my i's are dotted and t's are crossed.

2 Comments:

Anonymous Anonymous said...

Whew, ya had me concerned for a minute. With that title, I thought you were about to indicate that the secret PsiCorp personality within you had been activated
(c.f. Divided Loyalties).

8:40 AM, April 27, 2007  
Blogger David said...

Uh-oh! Has Virginia implanted a secret personality that will make me stay in Virginia forever?

Virginia is great! Incompetent government is wonderful! I love Northern Virginia sprawl! (Just kidding!)

11:44 PM, April 27, 2007  

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