Hello MaryK4,
Thanks for a very helpful response. I am working my way through the TurboTax Deluxe Forms to learn how it the split of income, taxes (state and locality in MD(, tax credit get handled. I am getting closer but not there yet. The tax situation is:
1. The first 9 months lived in MD and then for the last 3 months in SC.
2. For all 12 months worked for the same employer in MD.
3. We had dividends and capitals spread throughout the year.
4. My wife as SS throughout the year.
5. She also had pension throughout the year.
As you suggested I have opted for 'part-year resident' in MD and for 'non-resident' in SC. My gut assumption is that for SC taxes, for my non-resident filing
1. I will include all income for my last three months in SC (my 3 month wages, dividends and capital gains received during the last three months, my spouses SS and pension for the last three months) on the tax form.
2.On MD tax form, I will only include last 3 months of wages that were sourced in MD.
Does this sound correct?
I am hoping that above is correct and various numbers (e.g., locality tax in MD) and tax credits etc. will get prorated. Right now, I am looking through the forms to figure this out.
I really appreciate your insight and help.
Thanks.
