Thread: Investing 102
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Old 10-01-2014, 02:37 PM
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Mkelcy Mkelcy is offline
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Quote:
Originally Posted by GregWeld View Post
No doubt the IRS tried to claim that he "earned it" (since it was deferred compensation) in the other state.... but since he didn't actually RECEIVE it until he moved to Florida -- he was correct. The IRS doesn't even understand it's own rules. Which is fine when you're arguing over $500 -- but not when your fighting over half a million or more. And since they're just "clerks" and it's not their money paying the attorney's - no common sense needs to be applied.
The IRS doesn't administer state tax returns or the collection of state income taxes. I think you meant the applicable state taxing authority.
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