SESSION NO. 4

How much in state income taxes might you save if you change your domicile?

Income from New York sources by a nonresident is subject to New York income taxes.

• Rental income


• Income from current services rendered in New York


• Income from former law or accounting partnership

No New York income tax

• Dividends


• Interest

Severance pay

Covenants not to compete

Retirement income

Exercise of stock option

IRA withdrawals