IreneS
Intuit Alumni

Get your taxes done using TurboTax

Yes - Divide the unearned income (like interest and dividends) by 12 and multiply by the number of months you lived in each state. 

Let's say you had $900 in interest income for the year.  Dividing by 12 gives you $75/month.

If you moved in the middle of July, you spent 6.5 months in the first state and 5.5 months in the new states. 

  • Interest allocated to first state:  6.5 x 75 = 487.50
  • Interest allocated to second state:  5.5 x 75 = 412.50



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