2005 income tax exemptions

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2005 income tax exemptions

Income tax question about multi-state filing. My wife and I moved from WV to Oregon in early December 2005....


But we still owned our house in West Virginia, which did not sell until March of 2006, even though we listed it immediately upon moving. We did NOT live in WV at all in 2006, nor did we make any income, except a small profit on the sale of our house. The amount we made on the sale was well below the married couple exemption of 500,000 dollars, and we were in that house for 5 years before we moved and sold it.

So, the question is: Do we need to file a 2006 state tax return for WV, given that we did not live there, nor make any income there in all of 2006 other than the profit from the house sale?

No. You only pay State income tax in the state which you resided for 2006. You'll have to declare the income you made on the house, but it will be declared in the state which you live now.



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Income Tax investigation out of Right to Information

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