Pete, Welcome to Kalifornia Residency

[PLRX]

Im back from H&R Block. I technically became California resident the day after my military retirement and had to pay California taxes.

Ive been hammered by the Golden State of California with $549 that I owe and have until April 15th to pay.

I took some money out of my retirement IRA account and California penalized me. This year will be a learning experience, no military exemption, 12 months of residency and all the other BOHICA CA-Taxes awaiting for me.

Here is a bonus, premium gasoline was $3.99 at 12:15 PM, at 1:30 PM went up to $4.03.

Dan and Mike, if you have any tips on what to save for California exemptions, a PM would be appreciated.

[mike100]

Pete, how all these lazy ass welfare collectors gonna get theirs if you don't pay your taxes?

plus you need to be respectful of the elite state union employees who want to retire at 50 with a full paycheck.

[mike100]

But seriously? I just got the mortgage interest, property tax, and the personal deductions...not much else to deduct without a self-employed business status. that's when you can really get creative (legally).

My strategy is either to try to make more money, or a lot less if you don't have bills.

[73sbVert]

Some of the reasons why I left CA before my retirement, and (after moving there for work), left as soon as I could!

Could not be happier I've left that F'ked up state behind. Love the weather, most of the people. The regs and laws and taxes?? Not so much!


Paul
EW1(SW/AW)
USN, Ret.

[PLRX]

Originally Posted by mike100

Pete, how all these lazy ass welfare collectors gonna get theirs if you don't pay your taxes?

plus you need to be respectful of the elite state union employees who want to retire at 50 with a full paycheck.

That total BS but, its a fact. Imagine me retiring with full E-8 pay? Wow, what a retirement That the reason the state keep rising taxes, prices, city hall fees etc. From age 50 until you die, you collect your pay as if you were at work.

Originally Posted by mike100

But seriously? I just got the mortgage interest, property tax, and the personal deductions...not much else to deduct without a self-employed business status. that's when you can really get creative (legally).

My strategy is either to try to make more money, or a lot less if you don't have bills.

Im going to create a business, make no profit and claim 100% loss.

[PLRX]

Originally Posted by 73sbVert

Some of the reasons why I left CA before my retirement, and (after moving there for work), left as soon as I could!

Could not be happier I've left that F'ked up state behind. Love the weather, most of the people. The regs and laws and taxes?? Not so much!


Paul
EW1(SW/AW)
USN, Ret.

I was in Scottsdale few weeks ago and I lookd around and it came thru my mind about moving there. I think in gas alone I would save $2K a year.

[socalman]

I have to defend our great State for 1 moment regarding taxes. Many people boast about having 'no sales tax' or 'no state income tax' but if you dig deep enough, each and every state finds another way for you to pay your fair share. Looking at retirement states (to move in 10 years) and places like Arkansas (love the Ozarks), Oregon (no state income tax), Washington (no sales tax)- or visa versa with these 2 states but...

Arkansas- my BIL brags about only paying $25 a year Vehicle Registration; but at the end of the year you get to list all your boats, cars etc. and then you get taxed their value along with your real estate property taxes. Don't own a home? You still get to list your 'personal property', then get taxed from the State/County & City all get a percentage (depending on where you live)..so I read anyway.

Oregon/Washington- gets you with higher property taxes and other misc taxes to make up for the lack of sales/income tax. May work for some retired on Social Security at poverty level only but bottom line, they all get their Caching!

California- at least you know what your sales tax, income tax is. Our state is under water, yet the average pay of $1200 a year for 100k gross income. Typical mortgage, car reg, prop/sales tax write offs. That's what- 1.2%?? Pretty insane if you ask me. I'm getting a $400 refund-why? Keep it and dig us out of a hole instead of killing me slowly with higher sales tax (coming soon to a theater near you), higher Gas/Alchohol/Veh Registration/Booze etc.

Pete: Cali Income tax pretty simple

20k net = 1.5%
40k net = 3.5%
60k = 5 %
100k =7%

The 'net' figure is 'adjusted income'. Take gross and subtract annual home mortgage & property taxes (to keep it simple). If no mortgage, take $4k off gross income.

[Frizlefrak]

I was born at L.A. County General. I love SoCal, and it will always be a part of me. I love going and visiting. But I wouldn't live there again for love nor money. I hate the politics, gun control, rampant liberalism, taxes, crowds, prices....you get the picture.

Texas has no state income tax, but if it's any consolation, they get you in other ways. 8.25% sales tax in El Paso County for starters (though no sales tax on food). And my property taxes rival L.A. County or Marin County. If I moved 10 miles north of my house to New Mexico, my property taxes would drop by about 75%....but I'd have to pay NM income tax.

Figure about $3000 a year per $100K of home value here. What chaps my ass is watching that support a county hospital I can't use without insurance.....but where a J-Towner can waddle across the Rio Grande and drop their "anchor baby" on my nickel. OR....and this one REALLY riles me.....kids that live in Juarez but have an uncle on this side going to public school here on my nickel...and expecting to be taught in Spanish.

Yeah, I get it....I live in a Bilingual community....hell, I speak Spanish myself....but what if an American child went to school in Mexico and demanded to be taught in English? Yeah....right.

I guess every place has it's good and bad....but at least I can still carry my firearm here.....Concealed with a permit.

[WW7]

Not meaning any disrespect to those that live in California, but I wouldn't live in that state if someone gave me a free house to live in..It's the most screwed up state in the US with all the azznine laws, high taxes and gun control idiots ..Plus the politicians there couldn't run a "lemonade stand" let alone a state and the governer is a royal doush bag.......But like I said " No Disrespect to the people that live there".......WW

Friz, My house with 3 1/2 acres is appraised at $310,000 and I pay $1,480.00 property taxes plus about $480.00 personal property taxes..West Virginia is one of the lowest in the country for taxes....That's why I moved from Maryland which is one of the highest...WW

[PLRX]

Originally Posted by WW7

Not meaning any disrespect to those that live in California, but I wouldn't live in that state if someone gave me a free house to live in..It's the most screwed up place in the US with all the azznine laws and gun control idiots that state has..Plus your politicians in that state suck big time and your governer is a doush bag.......But like I said " No Disrespect".......WW

Ive driven thru 31 states and the one I would move in are Texas or Arizona. The rest just ...didnt motivate me.

[WW7]

Originally Posted by PLRX

Ive driven thru 31 states and the one I would move in are Texas or Arizona. The rest just ...didnt motivate me.

I agree with you Pete, my 81 year old parents could have moved anywhere they wanted to move. The liked Texas the best and moved to Corpus Christi last year about 1/2 mile from where my sister live's. They couldn't be happier......I also like Montana alot, one of the prettiest states in the US.....WW

[Taurus]

Originally Posted by WW7

Not meaning any disrespect to those that live in California, but I wouldn't live in that state if someone gave me a free house to live in

That's what JD said.

Originally Posted by PLRX

Ive driven thru 31 states and the one I would move in are Texas or Arizona. The rest just ...didnt motivate me.

Not even Utah?

I have lived in many states through my career as I moved up the ladder. They include;

Colorado
Utah
Arizona
Colorado (again)
Iowa
Maine (the most beautiful state I have lived in)
Virginia (NOT West Virginia)
Tennessee (Love Nashville)
Kansas (Rock Chalk Jayhawks)
Utah (Home again)

I have also managed operations in;

New Mexico
Georgia
West Virginia
Nevada
Missouri
Massachusetts
North Carolina
South Carolina
Idaho


I have avoided California like the plague.

[Frizlefrak]

Originally Posted by WW7

Friz, My house with 3 1/2 acres is appraised at $310,000 and I pay $1,480.00 property taxes plus about $480.00 personal property taxes..West Virginia is one of the lowest in the country for taxes....That's why I moved from Maryland which is one of the highest...WW

My sister lived in Maryland for years....works in Bethesda. Got fed up about 10 years ago and bought a house in Shepherdstown, WV. Much cheaper taxes, more sensible laws, etc. If it weren't for the cold, I wouldn't mind living there.

I'm starting to look at where to retire in the next decade or so. Texas hill country is starting to look very appealing. I own 33 acres in the mountains of Southern New Mexico....has a well and septic already....taxes are $366 a year and I own it free and clear.....but it gets cold there in the winter. Looking to sell it and find someplace a bit warmer.

10 years from now, Sweetsie's gonna wake up at his beachfront place in Mexico, and he's going to be surrounded by all of US.

[C4fan]

I've spent most of my life living in AZ, TX and OK although born in IL. I wouldn't mind retiring in IL but Tucson will most likely be were I'll end up.

Originally Posted by Frizlefrak

10 years from now, Sweetsie's gonna wake up at his beachfront place in Mexico, and he's going to be surrounded by all of US.

I can picture it now, a bunch of undesirables living in tents on his beach.

[Taurus]

Originally Posted by C4fan

I can picture it now, a bunch of undesirables living in tents on his beach.

We can be a commune of ex-C4 hippies.

[C4fan]

Originally Posted by Taurus

We can be a commune of ex-C4 hippies.

Only if hippies drink Corona.

[Frizlefrak]

Originally Posted by Taurus

We can be a commune of ex-C4 hippies.

C4 Hippie Squatters.

[mike100]

Originally Posted by PLRX

I was in Scottsdale few weeks ago and I lookd around and it came thru my mind about moving there. ....

Go there in August and get back to us! besides, so many CA refugees have invaded already.

I moved to AZ in 1977 the first time. I'm OG enough to say I'm from there (even though I was born Contra Costa Co). I grew up in Flagstaff AZ, but there just aren't any jobs there.

While we are Bullshitting about 'The Grass Is Greener Over There', I had a pretty good Time working in Tupelo, Mississippi last year.

[Taurus]

Originally Posted by mike100

Go there in August and get back to us! besides, so many CA refugees have invaded already.

I moved to AZ in 1977 the first time. I'm OG enough to say I'm from there (even though I was born Contra Costa Co). I grew up in Flagstaff AZ, but there just aren't any jobs there.

While we are Bullshitting about 'The Grass Is Greener Over There', I had a pretty good Time working in Tupelo, Mississippi last year.

Lived in Phoenix for 9 years. Still have parents and a son at Luke AFB there. Always love going back to Phoenix, just got back from a trip last week.

[Taurus]

Originally Posted by Frizlefrak

C4 Hippie Squatters.

Of course we'll be a little older then..................