Determining the state source of interest rate income

uschles · ‎March 23, 2024

Hello,

I received interest rate from CDs and bonds invested (through 1099-INT). My wife also received some dividends through her workplace (through 1099-DIV). How do I determine the state this originated from?

I live in New Jersey but also filing taxes in New York and that's one of the questions I've been asked.

Many thanks

SusanY1 · ‎March 25, 2024

If you lived in New Jersey all year, then New Jersey will be the source for interest and dividend income.

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

View solution in original post

uschles · ‎March 25, 2024

Hello.. hoping someone would know the answer to this.

SusanY1 · ‎March 25, 2024

If you lived in New Jersey all year, then New Jersey will be the source for interest and dividend income.

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

uschles · ‎March 25, 2024

Thank you for the answer!

Expert does your taxes

Do it yourself

Resources

Support

Determining the state source of interest rate income