My wife and I plan to retire next year and move from Ohio to South Carolina. We will be 59 years old. Let's say we move June 30 and are therefore evenly domiciled between the two states.
My question is, how would a 401k distribution be taxed at the state level?
If we take a $120k distribution while still living in Ohio (this would be our only distribution for the year) - would we pay OH tax on all of it and no tax to SC? Thanks!
