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Annuity payment distribution when moving
I retired from NJ and moved to PA in September. While in PA, i received my annual annuity payment from an inherited annuity. Turbotax has me file the amount under the state I lived in when receiving the payment. Please advise as to how to post this. Should I prorate the amount 25% PA and 75% NJ or just leave the total amount in PA as income. Doesn't make much difference in total tax paid, just want to do it correctly. Thank you for your kind assistance.
March 20, 2021
8:50 AM