Attention Snowbirds! This Is How To Get Taxed as a Florida Resident & Save Big

Do your banking in Florida

Speaking of computer skills, even if you do most of your banking online, tax auditors know that people generally keep their money in a bank close to their home. If you want tax auditors to believe your Florida home is your primary and permanent residence, park your money in a bank in Florida. You can still opt for a national bank, but make sure there’s a branch near your home in Florida, so you can also make some deposits in person.

In addition, have your bank and credit card statements delivered to your address in Florida and consider renting a safe deposit box to store your valuables. Just make sure you don’t store these 7 Items You’ll Regret Locking Away in a Safe Deposit Box.

Apart from banking services, you can also consult Florida-based brokers, financial planners, insurance agents. If you’ve retired and are enjoying your golden years, make sure your Social Security checks or retirement plan distributions are also sent to your Florida address or deposited into a bank in the Sunshine State.

Pay bills in Florida

Besides your credit card statements, make sure your other bills are also delivered to your home in the Sunshine State. This includes electric, phone, cable, gas, water and other utility bills, even if they are from your summer residence state.

Needless to say, each and every one of your bills have to be paid regardless of the state you are in at their due date. Luckily, you can pay most bills online, so, whether you’re in Florida or in your northern home, you can still fulfill your duties as a taxpayer and law-abiding citizen. On the other hand, check out 12 Unsuspected Laws You’re Probably Breaking All the Time.