Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [utah]

Use this tag for questions related to rules and experiences specific to the State of Utah in the United States.

Use this tag for questions related to rules and experiences specific to the State of Utah in the United States. This will include questions about tax laws of the state.

12 questions
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As a 16 year old, how can I keep my money safe from my mother?

I am 16 and still in HS and work 20+ hours a week. I live with my mother (my Dad left us when I was a kid and I don't see him anymore). My mother is an alcoholic and has trouble keeping a job. I don't want to give too many details here but in the…
Djune286
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6
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1 answer

HOA fees before my house is ready

We are building a townhome in Utah. The original timeline was that it would be done last year but have had a number of delays. No surprise there, but starting late last year, we have been getting an HOA bill. Is it typical to pay HOA fees before…
Linda B
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4
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2 answers

Can My Employer Charge Me a Fee to Get a Mailed Check Instead of Direct Deposit?

I have preferred to receive paper checks instead of direct deposit, as I find it easier to keep track of. However, my employer has now announced that there will be a (quite large) fee associated with not doing direct deposit. I can understand maybe…
geometrian
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Prorating Social Security on state taxes

I was a part-time resident of CA & UT. Ca does not tax social security earnings, but UT does. Since I was a part-time resident could a prorate the federal social security earnings on my UT taxes?
GDB
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Utah state tax for 401K income of a part-time resident

We have about $48,000 Social Security income annually and will receive about $36,000 401K income by the end of next year. We will stay in Utah for the first 3 months next spring and then move to Illinois to live with our children. How do we owe the…
D. L.
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UT form TC-40W completion

I moved to UT 7/2024 from CA. My 1099R only has CA information in boxes 15-17. I was paid from Jul - Dec while I lived in UT and know I should pay taxes on that income. But, I’m at a loss on completing the TC-40W without information from boxes 15-17…
GDB
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1
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Can I write off a car that will be used for reverse engineering and product testing?

I am an electrical engineering consultant (self employed) helping a client develop an accessory for Electric Vehicles. I need to have an EV to reverse engineer some of the protocols, and to test prototypes on. It would be used for some amount of…
notloc
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Sell our home or rent it?

Scenario & Question We are trying to decide if we should sell our home or rent it out because it's in a good location. Would it be better to rent out our home or sell it and invest the gains (50k). My Thoughts Theoretically we should get 3-5%…
Jacksonkr
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New York state income taxes for out of state remote worker

I am looking at taking a job offer from a company based in New York. The position is fully remote and I live in Utah. I have been trying to find information on what my state income taxes will look like if I take the job. What I find online is very…
Mr. Spock
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How long until a 1031'd property can be a primary residence?

I'm hoping to 1031 a rental property and then move into it myself for a bit. As far as I can tell this is fine, even when setting the mortgage to "primary residence" but how can I find out for sure? I want to make sure I don't bet hit with a…
Jacksonkr
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Can an Orthodontist charge you more later on due to over calculating?

I went to the dentist for a cleaning March 2020. I had said while there that my mouth hurt as well as my jaw. The dentist recommended I see the orthodontist and asked if I had time that day for a consultation. I stated I was interested as it were…
Samatama1
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Utah, USA - Best Option to Minimize Capital Gains on Real Estate Sale(s)

Scenario I bought a primary residence in Utah on 06/2020 RE in UT boomed (21% for my residence) and I'd like to sell Additionally I have property I've owned since 2007 I'd like to sell while the market is high I lived there 2007-2012 but only 6mo…
Jacksonkr
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