Mail Forward/Address in Michigan
We are planing on selling our home and then living on the road for a time, but we may end up back in Michigan for a base. So keeping our Michigan residents status is important for state income tax bre...
Forum Discussion
DownTheAvenue wrote:flyfishing48 wrote:
So keeping our Michigan residents status is important for state income tax breaks.
Why don't you move your residence to a state with NO income tax? When quit full timing, you can "move" back to Michigan. Florida, South Dakota and Texas are very popular with full timers. When I full timed, I "moved" from Georgia to South Dakota and saved a ton in income tax for many years.
When MI changed their income tax laws we were grandfathered in to a discount. If we move out of the state and move back we would lose the discount. So while a no tax state would be great, it might only be short term.
