Changing domicile from a high-tax state to a low-tax state

To reap the benefits of a move from a hightax state to a low-tax state, taxpayers must be able to prove that they have established domicile in the low-tax state. This article discusses the requirements to establish a new place of domicile, the factors states generally look at in evaluating a reported change in domicile, and potential triggers for state audits of domicile changes.

IMAGE BY METAMORWORKS/ADOBE STOCK
IMAGE BY METAMORWORKS/ADOBE STOCK