Moving to a new place

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills
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cam240
Posts: 75
Joined: Tue Jun 27, 2017 1:16 pm

Moving to a new place

Post by cam240 » Tue Mar 13, 2018 7:28 pm

Evening fellow bogleheads,

My DW and myself are moving into a new place and are currently going through the process of updating all accounts. So far we have done:

- Employers
- Broker/Retirement account
- Doctors
- Insurance
- Banks
- Utilities

Currently thinking about the best way to let the IRS know. I filled out form 8822 but is there a better way to let them know? Also is there anything else that jumps out you right away that we could be missing that needs an address use date?

Thanks,

jebmke
Posts: 8467
Joined: Thu Apr 05, 2007 2:44 pm

Re: Moving to a new place

Post by jebmke » Tue Mar 13, 2018 8:08 pm

Social Security
When you discover that you are riding a dead horse, the best strategy is to dismount.

cam240
Posts: 75
Joined: Tue Jun 27, 2017 1:16 pm

Re: Moving to a new place

Post by cam240 » Tue Mar 13, 2018 8:11 pm

jebmke wrote:
Tue Mar 13, 2018 8:08 pm
Social Security
Thanks. It seems like if I am not receiving any social security benefits I do not need to update anything.

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Pajamas
Posts: 6015
Joined: Sun Jun 03, 2012 6:32 pm

Re: Moving to a new place

Post by Pajamas » Tue Mar 13, 2018 8:12 pm

Biggie is drivers license. Usually you are required to report a change in address within 30 days or so. Along with that would be registration to vote.

Go through your files and papers to see what else you might need to update specifically. If you are moving to a new state, you might need a new will, for instance, and it is a good idea to keep your health care power of attorney and living will current, too.

invst65
Posts: 644
Joined: Thu Nov 27, 2014 11:04 am

Re: Moving to a new place

Post by invst65 » Tue Mar 13, 2018 8:15 pm

Your state DMV (Department of Motor Vehicles) is the first and foremost that comes to mind. Your address needs to match what's on your driver's license and registration in most places.

Assuming neither you nor DW are non-citizens - if either is a green card holder you need to notify Homeland Security.

As for the IRS, why do you need to let them know unless you have some outstanding dealings? They will find out soon enough.

invst65
Posts: 644
Joined: Thu Nov 27, 2014 11:04 am

Re: Moving to a new place

Post by invst65 » Tue Mar 13, 2018 8:16 pm

Your state DMV (Department of Motor Vehicles) is the first and foremost that comes to mind. Your address needs to match what's on your driver's license and registration in most places.

Assuming neither you nor DW are non-citizens - if either is a green card holder you need to notify Homeland Security.

As for the IRS, why do you need to let them know unless you have some outstanding dealings? I'm not aware of any law that requires you to notify them of an address change. They will surely find out soon enough.

jebmke
Posts: 8467
Joined: Thu Apr 05, 2007 2:44 pm

Re: Moving to a new place

Post by jebmke » Tue Mar 13, 2018 8:22 pm

cam240 wrote:
Tue Mar 13, 2018 8:11 pm
jebmke wrote:
Tue Mar 13, 2018 8:08 pm
Social Security
Thanks. It seems like if I am not receiving any social security benefits I do not need to update anything.
I think the IRS gets an update from the SS master file. Not exactly sure how but I think they are linked in some way.
When you discover that you are riding a dead horse, the best strategy is to dismount.

TallBoy29er
Posts: 495
Joined: Thu Jul 18, 2013 9:06 pm

Re: Moving to a new place

Post by TallBoy29er » Tue Mar 13, 2018 8:22 pm

- Any past employers (eg pensions)
- Professional associations (eg State Bar for lawyers)
- Jelly of the month club

cam240
Posts: 75
Joined: Tue Jun 27, 2017 1:16 pm

Re: Moving to a new place

Post by cam240 » Tue Mar 13, 2018 8:45 pm

Thanks for all the comments. For sure our DMV. Just moving within the state. Interesting about whether the IRS and SS office are linked. But I feel the IRS would not have the form if they do not feel it is important to let them know of the new addres (otherwise I think they would only know once I file taxes again next year).

delamer
Posts: 6423
Joined: Tue Feb 08, 2011 6:13 pm

Re: Moving to a new place

Post by delamer » Tue Mar 13, 2018 8:57 pm

Voter registration.

jebmke
Posts: 8467
Joined: Thu Apr 05, 2007 2:44 pm

Re: Moving to a new place

Post by jebmke » Tue Mar 13, 2018 9:00 pm

cam240 wrote:
Tue Mar 13, 2018 8:45 pm
Thanks for all the comments. For sure our DMV. Just moving within the state. Interesting about whether the IRS and SS office are linked. But I feel the IRS would not have the form if they do not feel it is important to let them know of the new addres (otherwise I think they would only know once I file taxes again next year).
That should be fine. To be fair, I've moved at least a dozen times as an adult and never told the IRS or SS. They seemed to know where I was - even after I moved out of the US.
When you discover that you are riding a dead horse, the best strategy is to dismount.

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