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Renting a PO box (or other front address) in a high cost location such as SF or NYC is going to open you up to tax liability there. Fact Check: false. Local ta
by harryh 6y ago
Renting a PO box (or other front address) in a high cost location such as SF or NYC is going to open you up to tax liability there.
Fact Check: false. Local taxes are owed based on the physical location the work is done.
Though there are many other reasons that this is a bad idea.
- wan23 6y agoYou should fact check your fact check. New York and California income taxes are based on residency. If you live in one of these states and work in a different state, then you will owe income tax to your home state. New York City also has its own income tax which is also based on residency in the city.
- harryh 6y agoRenting a PO Box doesn't establish residency.
- dragonwriter 6y ago> Local taxes are owed based on the physical location the work is done. Actually, state law varies; it's quite possible for taxes to be due in both the state in which work is done and the employee’s state of residence, or either one of those alone, or neither. See, e.g., https://www.americanpayroll.org/compliance/compliance-overview/hot-topics/multi-state-taxation https://www.americanpayroll.org/compliance/compliance-overvi...
- harryh 6y agoYa, I glossed over some details there. However, the main point I was trying to get at is that a PO box doesn't mean bupkis for this question.