Hi,
I have a few questions relating to our tax situation. It has been really confusing, so hoping you could help me here.
We (my wife and I) have been living in MA since 2020. But last summer, I got an internship in TX, so we moved to TX in May and stayed there until Aug and then moved back to MA. So how does my tax reporting work? Should I pay taxes for TX income in MA? (given that TX has no income tax, nothing to report in TX)
Secondly, my wife is a remote worker. So when we moved from MA to TX, her work changed her official location to TX which also meant change in salary, taxes etc. So some of her income is reported in TX. Do we have to pay taxes for this TX income in MA?
Third, do we also file for taxes in TX? We may have some dividend income, capital gain or loss from stock trading during our time in TX on top of the income. Does this income have to be reported in MA or TX?
Lastly, I converted my 401(k) to IRA while living in Texas but then converted it into Roth IRA when we were back in MA. When paying taxes for conversion, do we consider TX or MA? Does it matter where we lived when we rolled over or converted?
For reference, I am using TurboTax Premier desktop version. Got the desktop version thinking it would be easy to work through given our complex situation.
Thank you!
