On Nh living and commutes..
Bill Mullen
moon at lunarhub.com
Thu Apr 22 17:43:00 EDT 2004
On Thu, 22 Apr 2004, Bruce Dawson wrote:
> On Thu, 2004-04-22 at 16:24, Jared Watkins wrote:
> >...
> > reasonable housing costs... and if I can live in NH and enjoy the
> > extra tax benefits that brings.. all the better.
>
> Ummm. I surprised that no one mentioned this before. If you're paid from
> a MA company, there are no income tax benefits to living in NH and
> working in MA. You still have to pay MA income tax - your company will
> automatically take it out of your paycheck.
Adding to that burden, it's worth pointing out that if you work in MA but
live in NH, and that residence in NH is rented, there is a double-whammy
awaiting you - if you were renting in MA, a portion of your rent would be
deductible on your MA income tax; residents of other states who work in MA
are not allowed to partake of this modicum of relief. :(
--
Bill Mullen moon at lunarhub.com MA, USA RLU #270075 MDK 8.1 & 9.0
"In the beginning the Universe was created. This has made a lot of people
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