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Is deferred compensation considered "source income" in Virginia if I receive it as a Florida resident?
Several years ago I lived and worked in Virginia. Part of my compensation was deferred, to be paid sometime after I retired. I am now retired and living in Florida. I recently received the deferred compensation, from which Federal and Virginia taxes were withheld. My question: Is the deferred comp considered Virginia "source income" that must be declared on a Virginia Non-Resident tax return (Form 763)? OR, is it not considered Virginia source income, because I received the income as a Florida resident and earned no wages in Virginia the year received?
‎June 5, 2019
5:13 PM