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Virginia 2023 Tax return - Part Year Resident - Social security
I am a part year resident of Virginia (move in during the year) and came from Florida (no state income tax return required). Neither state taxes Social Security.
TurboTax Virginia Tax return asks me to allocate the Federal amount of my Social Security benefits that I received while living in Virginia.
This amount is placed on Form 760PY Schedule of Income which then gets transferred to Form 760PY Virginia Part-Year Resident Income Tax Return Line 5 - which then gets subtracted from the total Federal amount of my adjusted Gross Income for Virginia tax return. This means the amount of my social security benefit that I received while living in Florida remains as part of my Virginia taxable income.
Am I missing something??????
‎February 17, 2024
7:50 AM