Skip to main content
November 2, 2019
Question

Purchased a condo in Delaware to live there, can I now file income tax fedral and state in delaware?

  • November 2, 2019
  • 3 replies
  • 0 views

I purchased a condo in Delware , October 2019

I live there now, since Oct 2019

I moved from Maryland 

I did not file income tax or have earning in Maryland during year 2019

I have to file income tax for year 2019 for capital gain on investment while I am living in Delaware

 

can I file my income tax forms in Delaware?

do I considered resident of Delaware to file the income tax for year 2019?  Since I did not have any income in Maryland in 2019?

 

thank you for the help

    3 replies

    DoninGA
    Employee
    November 2, 2019

    If you had no income from any source while a resident Maryland in 2019 then you would not file a Maryland state income tax return for tax year 2019.

    November 2, 2019

    did you rent while living in Maryland.   if you owned your residence there, what happened to it?

     

    For Delaware, you are a part-year resident.  but it gives you filing options

     

    Part-Year Residents may elect to file either a resident or nonresident return. 


    Part-year residents electing to file a resident return – This option may
    be advantageous if, during the period of non-residency, you had no
    income from sources in other states and/or your only income was from
    Delaware. Please refer to the instructions for Form 200-01 to review this
    option..
    Part-year residents electing to file a non-resident return – This option
    may be advantageous if, during the period of non-residency, you had
    any income from other states or sources outside of Delaware.

     

     

     

     

    Employee
    November 2, 2019

    You became a Delaware resident for state tax purposes on the day you began living in your new home in Delaware.  Any income you received after that date (including any capital gain) would be taxable by Delaware.  If the income was or is received in 2019, you would file a 2019 Delaware tax return, as explained by @12309 .

     

    Note: If the capital gain you refer to was from the sale of real estate located in Maryland, it would be taxable by Maryland - and also by Delaware, if you received it after becoming a Delaware resident.

    **Answers are correct to the best of my ability but do not constitute tax or legal advice.