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DonSmith61a
Returning Member

1099-R shows former state (moved to new state, and received money there)

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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2 Replies
TomD8
Level 15

1099-R shows former state (moved to new state, and received money there)

You should allocate the funds to the state that was your residence at the time you received them.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.
DonSmith61a
Returning Member

1099-R shows former state (moved to new state, and received money there)

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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