Retirement tax questions

You are required to file a tax return and report all your worldwide income to the state where you physically live, or the state of your permanent residence, regardless of where the income is coming from.  For example, if you live in Pennsylvania but are receiving retirement benefits from the state of New York, it is Pennsylvania taxable income and not New York taxable income.

 

In the unlikely event you are having tax withheld from the state which is the source of the income and not the state where you live, this can be adjusted on your tax return, post back for instructions if that turns out to be the case. But don’t assume now that’s going to happen, wait for the 1099R.