Ten Avoidable Mistakes Regarding New York Statutory Residency

While New York’s statutory residency rules may seem straightforward, they are more complicated than they initially appear. We have found that even sophisticated taxpayers, who are well-versed in tax laws, may make mistakes in this area that can result in substantial tax liability.

In fact, as statutory residency results in taxation of all income by New York State (and if one has 184 or more days of presence and a permanent place of abode for substantially all of the year in New York City, then N.Y. City income tax as well), even a minor miscount can be costly. In this ...