Скачать или смотреть Multi-State Residency Guide: Domicile, Statutory Rules, and Virginia's Reverse Credit (2026)

We are performing a forensic deconstruction of Multi-State Taxation, a high-stakes jurisdictional battleground where a single dollar of income can trigger competing tax claims from both "Source" and "Resident" states. For mobile professionals and remote workers, residency is no longer just about a mailing address—it is a complex legal determination governed by subjective intent and objective physical presence.

As The Finance Observer, I analyze the mechanical "Two-Part Test" used by states to claim your tax revenue. We break down the Common Law Domicile audit, which investigates the "center of your universe," and the objective Statutory Residency checklist, where spending 184 days in a state can seal your fate as a resident. We audit the Other State Tax Credit (OSTC) as the primary mechanism for preventing double taxation, comparing California's rigid Ratio Method on Schedule S with New York's Hypothetical Tax approach. Finally, we expose Virginia’s "Reverse Credit" curveball and bridge the gap to the federal level by comparing these rules to the IRC Form 1116 Foreign Tax Credit.

FORENSIC BREAKDOWN:

[01:02] The Jurisdictional Tug-of-War: Analyzing Source vs. Resident state taxation.
[01:50] Common Law Domicile: The subjective audit of your intent and permanent home.
[02:21] Statutory Residency: The objective checklist and the "Permanent Place of Abode" rule.
[02:33] The 183-Day Trap: Why 50% plus one day triggers mandatory residency status.
[03:10] Other State Tax Credit (OSTC): The universal fix for double taxation.
[03:42] Schedule S Protocol: Auditing the strict requirements for California’s credit.
[04:25] The Ratio Method: California’s mathematical formula for income-based credits.
[05:20] New York IT-112-R: Deconstructing the hypothetical tax method and investment income traps.
[06:01] The Virginia Curveball: Analyzing the "Reverse Credit" system for AZ, CA, OR, and DC.
[07:05] The Federal Mirror: Connecting state residency rules to Form 1116 and global taxation.
[07:52] Remote Work Reality: Questioning the viability of legacy residency laws in a mobile era.

THE LAW (Citations):

California Schedule S: Other State Tax Credit calculation and reporting.
New York IT-112-R: Claim for Resident Credit for taxes paid to another state.
Virginia Tax Code: Statutory rules for the reverse credit system.
IRC Form 1116: Foreign Tax Credit for individuals, estates, or trusts.
The 183-Day Rule: Standardized statutory residency threshold used by most states.

DISCLAIMER:

I am The Finance Observer. This content is for educational purposes only. I am not a CPA, Attorney, or Enrolled Agent. This video breaks down State Tax Law and residency statutes for informational purposes. Multi-state reporting requires perfect paperwork and adherence to strict filing deadlines. Always consult a qualified tax professional before filing returns in multiple jurisdictions.