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Financial Planning / Paying For College


Subject:  Re: split residency Date:  12/12/2012  6:56 AM
Author:  inparadise Number:  7994 of 8484

I would suggest that you consult a lawyer, not a tax pro for advice in this matter.

Tax pro comes first, since the changes required in the return may simply quell our desire to try this route, but I get your point. Knowing now that we could re-categorize our residency when we move makes the desire to move early less pressing.

The irony is that all this investigation could well be for naught, but we try to think outside the box and do our best not to leave money on the table. Making plans for your kid is kind of like trying to herd cats...the destination is not at all certain. For all I know he will probably pick a private school in Philly or even points further north as we head further south. Either way, it's his choice.

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