dnibby
Returning Member

How do I represent dividends and interest in the Part-Year Resident Income Allocations section? In 2018 I was a resident of NC for 6.5 months, then moved.

For some reason this question got deleted. TurboTax CynthiaR had answered the question as follows (Thanks CynthiaR):

"Allocating unearned income like dividends and interest is pretty straightforward – just allocate it to the state you were a resident of when you received it. Here are some examples:

  • You received 3 quarterly dividend payments while living in Arkansas, and the remaining dividend while living in Oklahoma. Allocate the first 3 payments to Arkansas and the last payment to Oklahoma."

So, on the "Part-Year Resident Income Allocations" screen under State, it shows me three columns: Federal Income, North Carolina Resident Income, and North Carolina Income While Non-Resident. The example is that I show $1,680 for Federal Interest. And I know $246 of it came from NC. Should I populate "North Carolina Resident Income" for this item with $246, then $0 for "North Carolina Income While Non-Resident"?