How to Establish Florida Residency for Tax Benefits

Reported 2 days ago

To take advantage of Florida's lack of state income tax, individuals must establish residency by fulfilling specific requirements such as obtaining a Florida driver's license, registering to vote, filing a declaration of domicile, and residing in the state for more than half the year. Documenting a Florida address and moving financial affairs to the state also supports residency claims, which can lead to significant tax advantages.

Source: YAHOO

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