Father living in Florida, children attending college in NC, how to file tax returns?
Father was a resident in NC, where two kids started attending college. Father at the begining of 2006 year moved to Florida to find work. Kids still attending college in NC. How to best file tax returns in order to maintain children's instate residency for financial aid purposes? Father did not have any NC income, so do we still have to file a NC return ? Can we say father's residence to be Florida now ?
United States - 3 Answers
People's Answers, Critics, Comments, Opinions :
Answer 1 :
I'm assuming that the kids are still in NC, right? The father moving won't have any affect on them at all. The father just needs to file a Federal return now since FL has no income tax.
Answer 2 :
The father's move should have no effect on the kids' residency status for college financial aid. If North Carolina has state income tax, and the father had **any** income in North Carolina in 2006, he will most likely still need to file an NC state income tax return. Details should be on the NC state government's website.
Answer 3 :
Is the mother still in NC? If so, the kids' in-state residency status for college shouldn't be affected. If both parents are out of state, and the kids are not considered to be independent of their parents, then their status would probably be affected. Not what you want to hear, I'm sure.
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