Home Is Where the Family Is

Last week there was an interesting case out of Iowa regarding domicile. A man was working in South Dakota but his family home was in Iowa. He decided to file as a South Dakota resident. Could it be that South Dakota’s 0% state income tax rate was more appealing than Iowa’s 8.9% rate? Perhaps I’m too cynical (not).

In any case, the taxpayer lost because he did many of the things that are necessary wrong. For those wondering about domicile cases, Joe Kristan’s report on the case is must reading.

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This entry was posted on Sunday, September 23rd, 2012 at 2:50 pm and is filed under Iowa. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “Home Is Where the Family Is”

  1. Tax Roundup, 9/24/2012: Mitt files! And USA bucks trend of lower corporate rates. « Roth & Company, P.C says:
    September 24, 2012 at 6:19 am

    […] More coverage of the Iowa guy who filed as a South Dakota resident:  Linda Beale, Tax Home–where the heart is, but not necessarily where the taxes are lowest and Russ Fox,  Home Is Where the Family Is. […]