15
Dec
Snowbirds often own two homes — one up north where these retirees spend the warmer months and one down south in colder ones. When one of those homes is in a high-tax state and the other is in a low-tax state, you want to establish residency in the low-tax state if possible because all your income will be taxed by your state of residence.
In October of 2022, Rocky Mengle of Kiplinger.com wrote an informative article for Kiplinger’s Money Power with advice about how to demonstrate residency in a low-tax state.