Filing taxes when moving from one state to another mid year

[ccthealias]

I moved from NY to NJ during the year and I have to file both state taxes.  Turbotax is asking me $ of my 1099 earnings that was in NJ.  How do I do that? Do I divide the time equally? How do I make Turbotax do the math for my since I am filing both states with Turbo?

[JosephS1]

TurboTax will divide the 1099 earnings for you (link below will assist) but it really is best if you first calculate the amount that should be allocated to each state manually.  You can do this by the number of days in each state, and using that number divided by 365.  You can also calculate the amount based on the number of months in each state divided by 12.

Before filing, you should click on the left where it says "Tax Tools", then "Tools", and then "View Tax Summary".  The Federal Tax summary will appear but on the left side towards the top of the page you will see the NY and NJ state summaries also.  Click on each to make sure the correct amount is allocated to each state to verify your own manual calculation.

How do I Split income for a part year state return?

@ccthealias 

[ccthealias]

No it’s not doing  any math for me. How do I get TurboTax to split out the number based on the information from 1099 forms. There are dates on the transactions and I told the software when I moved 

[ccthealias]

[ErnieS0]

Figure those amounts yourself based on whether you received the income while living in New York or New Jersey.

Many bank statements show the interest paid year-to-date. Go to the statement for the month before you moved to NJ. If you earned interest more or less equally throughout the year, you can divide by the number of days or months.

For dividends and capital gains, your consolidated 1099 form will usually break out each dividend and capital gains transaction by date. 

You would not be able to average those. Dividends are paid quarterly but capital gains are based on when you sell except for capital gains distributions which often come at the end of the year or on an irregular schedule.