If I buy a vacation home in Oregon and live there three months a year, do I owe state income tax to Oregon?
- posted
17 years ago
If I buy a vacation home in Oregon and live there three months a year, do I owe state income tax to Oregon?
Only if you earn money while you are in Oregon.
Yes, if you sell or rent the property during the year.
"none" wrote
Not unless you earned income from that state, as in taking a part-time job or self-employment. And, if you rented out the home while you were away, you will owe tax to that state even if you never went there.
-- Paul Thomas, CPA snipped-for-privacy@bellsouth.net
It all depends on domicile & residency. Each state is different.
-- This written advice was not intended or written to be used, and it cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer. (The foregoing legend has been affixed pursuant to U.S. Treasury Regulations governing tax practice.)
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