topic Partial year resident in State tax filing

Partial year resident

dbuckeye7128 — Thu, 04 Apr 2024 21:46:32 GMT

Lived in MD 10 months prior to moving to DC. I am retired, have a small pension plus interest and dividend income. The pension portion is easy to figure. How do I determine interest and dividend income? Go back to monthly statements an total it up?

Thanks,

Re: Partial year resident

MarilynG1 — Thu, 04 Apr 2024 21:53:14 GMT

Yes, you can take your total annual interest and dividends and allocate it between Maryland and DC according to time you lived there.

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

Re: Partial year resident

dbuckeye7128 — Thu, 04 Apr 2024 22:27:11 GMT

Thank you.

I am going through my consolidated statements now, highlighting November and December amounts.

What about ordinary dividends vs qualified? Do they matter with state?

Re: Partial year resident

AmyC — Sat, 06 Apr 2024 00:35:33 GMT

No, just enter the dividends for that time period.