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Personal Finance (Not Investing) • Do I owe NYS tax on Roth Conversion, if living in FL?

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Hi. Let's say I moved to FL in 2023, having lived and worked in NYC for 30 years, where I amassed a large TIAA 403b. In Dec. 2024 I did a large Roth Conversion from that 403b. Do I owe NYC/NYC income tax on that Roth conversion? Will I continue to owe NYC/NYC income tax on all future Roth Conversions that I may do from that 403b? Thank you.
Did you legally move your residence from NY to Florida in 2023?
A few questions to get you started - where is your legal home address? Where do you own homes... if any? What state is on your drivers licence? Where do you spend a majority of your time? Declaration or domicile? Voters registration state? Aplly for homestead exemption? etc
FWIW - we did this same legal residence move a few years back as well.

Statistics: Posted by smitcat — Sat Dec 14, 2024 8:48 am — Replies 4 — Views 280



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