Retirement, IRA, Life Ins

ke42 · ‎June 12, 2020

My Mom moved to CA from IL September 2019. Does she have to pay CA taxes on her retirement fund distribution, IRA distribution and life insurance distribution for the last 4 months of 2019?

BillM223 · ‎June 12, 2020

Did she receive any of those distributions after she established her domicile in California (i.e., took up residence there)?

On your CA part-year return, report as California income any income she received while living in California.

For monthly distributions, this may mean the last 4 months' worth. But a one-time IRA distribution should generally be reported in the state where she lived at the time.

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BillM223 · ‎June 12, 2020

Did she receive any of those distributions after she established her domicile in California (i.e., took up residence there)?

On your CA part-year return, report as California income any income she received while living in California.

For monthly distributions, this may mean the last 4 months' worth. But a one-time IRA distribution should generally be reported in the state where she lived at the time.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

ke42 · ‎June 12, 2020

Thank you, BillM223! Your answer helped

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Retirement, IRA, Life Ins