183-Day Rule Explained: When Do You Become a US State Tax Resident?

Summary

The video discusses the 183-day rule for state residency, focusing on its implications for expats and retirees, particularly in Florida. The key points revolve around tax residency, with an emphasis on how states like New York, New Jersey, and California use this rule to determine residency and potentially tax worldwide income. The practical takeaway is that while many believe you must spend 183 days in Florida to be a resident, Florida actually has no minimum stay requirement, and establishing residency is more about intent and filing an official declaration of domicile.