Tuesday, December 8, 2009
Fantastic News for Military Spouses!
I know this news only applies to a few of my readers, but I figured I would pass the information along anyways because I was so excited to hear this news today. President Obama recently signed into law S. 475, the "Military Spouses Residency Relief Act." This law will allow military spouses to retain residency in their home state along with the military servicemember. Up until now military spouses essentially became a resident of the state where they were stationed, resulting in a husband and wife having different states of residence. And often resulting in the need to get a new driver's license, car registration, and pay the state taxes of the new state. Now we can keep the same residence. As a resident of a state with no state income tax (Florida) this law makes me very happy :) I have to find out if it applies to this tax year, especially since I have been having Maryland state and local taxes taken out of my paycheck. Here is the White House statement. There is also a Facebook page with information.