To which state do I file with the 1099 ? The state the 1099 shows as State/Payer's State no. or the state I moved to ?
1099 is for a Rule of 55 withdrawal from my current 401K (20% taxes taken out). I moved from prior state in beginning of May, took out money in my new state (about 2 week to 4 weeks) after I moved in there.
I either owe my prior state 3K or my current state 4K, depending on which state I should allocate these funds to.
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You should allocate the funds to the state that was your residence at the time you received them.
Thanks. Spoke to prior and current state and they both agreed - taxes paid in the current state where the money was received.
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