I have changed the address of my IRA when I received my 1099-R for 2020 so as to reflect my Delaware address for the current upcoming 2021 tax year.
Thank you so very much for this reminder.
QUESTION - If income from our IRAs shows there were state withholding taxes paid into either Maryland or Virginia, how would, or could these withholding tax amounts be redirected in order to put these monies towards any Delaware state taxes that might be owed?
You had mentioned applying a percentage based on time of year if we lived in the other states (Maryland or Virginia) for part of the 2020 tax year.
Could you please elaborate just a little bit more on this concept?
Also, I lived in Delaware last year and voted and all, but my wife remained in Maryland for part of last year in comparison to my staying in Delaware for the year.
So, that would mean I would have to file a "part-year resident" for my wife in Maryland and a "nonresident" return for me in Virginia?
Would my wife then also be considered a part-time or "part-year" resident of Delaware?
Sorry to ask so many questions of you, but I have never done this before and want to make sure that I get it right so that there is no pending conflict with any state who was paid a withholding tax amount that I am basically not going to pay them, but instead be able to apply those same tax withheld monies to the state of Delaware where I had not had any 2020 withholding taxes paid. This because I am assuming I am going to end up paying Delaware state some amount in taxes?
Thank you again for all your time and attention, very much appreciated!
