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Multiple states
For the year 2020, I lived in NH (tax-free state) for the Jan-2020, and for the rest of the year, I was in IL.
So, my question is all the capital gains which I had made in 2020, do I have to pay the taxes in IL for all the 12 months or will it be pro-rated for 11 months?
e.g. If I had made $12,000 in capital gains in 2020, do I have to pay the IL state tax for the entire year or pro-rate the amount to 11 months that will become $11000 and pay taxes on it.
‎April 22, 2021
10:19 PM