Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Refugio Delacruz comes to California every year to enjoy the waves off the sunny California coast. In 2 0 2 3 , she stayed with

Refugio Delacruz comes to California every year to enjoy the waves off the sunny California coast. In 2023, she stayed with her friends in their beach house from January 5 to May 2 before moving back to Arizona (her domicile) for the rest of the year. She supports her surfing hobby on the rental income from several inherited rental properties in Arizona. Which of the following statements is TRUE?
Refugio is:
Considered a California part-year resident, regardless of the number of months she spends in the state.
A nonresident of California because she is in California for a temporary or transitory purpose. She still maintains her home in Arizona.
A nonresident of her domicile state.
A part-year resident. She must pay tax on the net rental income realized during the period she stayed in California.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Cost Accounting

Authors: Edward J. Vanderbeck

15th Edition

978-0840037039, 0840037031

More Books

Students also viewed these Accounting questions