Florida has no personal income tax, which is one reason so many people move here. However, moving does not automatically end your tax connections with your former state.

Establish your Florida residency

Actions that may support a change of domicile include:

• Getting a Florida driver license
• Registering to vote and registering your vehicle in Florida
• Filing a Florida declaration of domicile
• Moving your doctors, banks and important records
• Spending most of your time here

Check your former state

You may need to file a part-year return for the year you move. Some states look closely at people who keep a home or business there, so ask about their rules.

Look at your home

If this is your permanent residence, you may be able to apply for a Florida homestead exemption through your county property appraiser. Deadlines apply.

If you sell your old home

You may be able to exclude some or all of your gain if you meet the requirements. Keep records of your purchase and improvements.

Update your plans

Review your withholding or estimated taxes, and ask your attorney whether your will and other estate documents should be updated.

Federal taxes still apply

You will still generally need to file a federal return. A CPA can review your situation and help you avoid surprises from your first year in Florida.

Have questions about your situation? Tax rules change and every situation is different, so please talk with a professional before acting on general information. Call Fajardo & Associates at 407-720-7220 to make an appointment.