Working Remotely? Watch Out for Double Taxation

October 19, 2020

This year, many people have been working remotely, in some cases in a different state than the one they usually work in. If you’ve been working remotely across state lines, investigate the potential impact on your state tax bill. You may find yourself with two states attempting to tax the same income: the state where your employer is located and the one where you’re residing and working. Many states, but not all, offer credits for taxes paid to other states, so ask your tax advisor about this.

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