I moved from NJ to DE and then did a Roth conversion. Do I owe taxes to NJ as well as DE?

posted

Connect with an expert

1 Best answer

Accepted Solutions

Intuit Approved!

I moved from NJ to DE and then did a Roth conversion. Do I owe taxes to NJ as well as DE?

It is taxable by your state of residence at the time you took the IRA distribution so as to make the conversion. If the distribution occurred after you became a DE resident, then it is taxable only by DE.

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

View solution in original post

1 Reply

Intuit Approved!

I moved from NJ to DE and then did a Roth conversion. Do I owe taxes to NJ as well as DE?

It is taxable by your state of residence at the time you took the IRA distribution so as to make the conversion. If the distribution occurred after you became a DE resident, then it is taxable only by DE.

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

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post