ToddL
New Member

Retirement tax questions

I understand. You will have to determine the prorated amounts and enter them in the income allocation interviews for each state. Just prorate based on where you resided when the monthly deposit posted to your account. You have to do the math since there are potentially many allocable items (sale of a residence, gain on sale of stock, property taxes, student loan interest, medical expenses, etc.) that don't necessarily align with your periods of residency. The program can't pick and choose how to allocate those items so they have you allocate everything.