I am preparing 3 separate state returns, as I am a remote employee that works for a university out of Virginia. At the same time I worked part of the year (4 months) in Iowa and the rest of the year (8 months) in North Carolina. The investments that I have are associated with my old home address in Virginia, as my mother was the creator of the account, although the investments are under my SSN. My Form 1099-DIV has the following boxes with totals:
- 1a. - Total ordinary dividends
- 10. - Exempt-interest dividends
- 11. - Specified private activity bond interest dividends
I currently have these amounts assigned to my Virginia return, but I don't know how to allocate them to my Iowa and North Carolina return. Do I need to allocate all of the totals for all three states, or is the investment only associated with the Virginia return based on the address?
