4 ms·
To the extent you're suggesting you can easily live outside of NY but collect tax-free NY income, it's not really true. Any NY source income remains taxable by
by cltby 6y ago
To the extent you're suggesting you can easily live outside of NY but collect tax-free NY income, it's not really true. Any NY source income remains taxable by the state. In practice, this covers remote work too, despite the safe harbor provisions of TSB-M-06(5)I.
[1] https://www.tax.ny.gov/pdf/memos/income/m06_5i.pdf https://www.tax.ny.gov/pdf/memos/income/m06_5i.pdf
- ransom1538 6y agoThe link you gave is about Telecommuters working out of NY but live in FL. This is a pretty small group (no source). It's the retirees and pensioners that get the great deal..