Received Unemployment lump sum payout on appeal from State of CT. I've lived in SC during the entire calendar year. CT taxed payout. How do I handle when filing taxes?
You'll need to sign in or create an account to connect with an expert.
CT considers that CT source income* (many states do not). You have to file a non resident CT return. SC also taxes unemployment compensation, so you have to report it on your SC resident return. But SC will give you a credit (or partial credit) for the tax paid to CT.
*Reference: https://portal.ct.gov/DRS/Individuals/Individual-Tax-Page/Unemployment-Compensation#:~:text=Nonresid.... "Nonresidents must file Form CT-1040NR/PY and report the unemployment compensation, along with any other Connecticut source income, on Schedule CT-SI of that form."
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
gabriela_mora_16
New Member
kristiejackson73
New Member
stacey9554
Level 2
Daniel175
New Member
PIW1234
New Member