Hello @LinaJ2020
Thank you very much for your reply. Should I also check with my current state about this income?
I have some additional questions regarding your reply. Thank you very much.
>>1. You will only report the income once on your tax return to avoid double taxation.
So, I will only report it as Other Income. Thanks.
>>2. You would need to check with CA. Click here: Your state
I checked with CA. I could only get to the website. It showed me as a part-year resident. It said that ''
- All worldwide income received while a California resident
"
When the received the income of the insurance policies, I was still in CA. From the description, does it mean that I should pay tax on the income to CA. Is that correct?
Part-year resident
If you lived inside or outside of California during the tax year, you may be a part-year resident.
As a part-year resident, you pay tax on:
- All worldwide income received while a California resident
- Income from California sources while you were a nonresident
