Partial year resident

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,

1762

Expert Alumni

Apr 4, 2024 2:53:14 PM

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.

New Member

Apr 4, 2024 3:27:11 PM

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?

Expert Alumni

Apr 5, 2024 5:35:33 PM

No, just enter the dividends for that time period.

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Partial year resident