turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Beeler
New Member

unemployment taxes

resident in New Mexico and worked in Colorado, received unemployment from Colorado, which state do I pay taxes to on the unemployment?

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
ErnieS0
Expert Alumni

unemployment taxes

Unemployment benefits are taxable to both New Mexico and Colorado. File a non-resident Colorado income tax return and a resident New Mexico return. New Mexico will give you a credit for tax paid to Colorado.

 

Unemployment from Colorado is considered “Colorado source income,” taxable to the state.

 

Colorado says, “Severance pay, paid-out sick and vacation leave pay, disability pay and unemployment insurance is Colorado-source income to the extent that the income is attributable to employment in Colorado regardless of whether the person is a resident when the benefit is paid.”

 

Refer to Colo. Code Regs. 39-22-109

 

New Mexico residents are taxed on income received from anywhere, whether in-state or out-of-state.

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

unemployment taxes

Thank you for your help.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies