☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 1
posted Apr 13, 2024 10:41:26 AM

Retired and moved to TN from NYS

I lived and worked in NYS for 9 months in 2022 and I had a 401k through my employer. Then I retired and moved to Tennessee. I took a total distribution from my 401K in 2023.  My 1099-R says TN. even though my 401k and employer were from NYS. Is this a mistake? 

0 3 1875
1 Best answer
Expert Alumni
Apr 18, 2024 2:04:35 PM

If you lived in TN and that is where you were when you took the distribution, that is correct.

3 Replies
Expert Alumni
Apr 13, 2024 10:51:22 AM

If you moved during 2023, you may need to file a Part-Year Resident return for both states.

 

You can allocate your income between the two states, according to time lived in each.

 

Here's more info on How to File a Part-Year Resident Return and Allocating Income for a Part-Year Resident.

 

 

Level 1
Apr 13, 2024 10:57:14 AM

Thank you. I corrected the years on my post. I entered wrong info. Will you let me know after you read my updated corrected question? Thanks

Expert Alumni
Apr 18, 2024 2:04:35 PM

If you lived in TN and that is where you were when you took the distribution, that is correct.