You suggest divide total by 12 and multiply by the number of months I lived in each state. I moved in the middle of a month. Do the states let me do whatever I want here, or do I need to calculate the percentage of the year that I resided in each state? How fussy are the states going to be about this?
Yes - Divide the unearned income (like interest and dividends) by 12 and multiply by the number of months you lived in each state.
Let's say you had $900 in interest income for the year. Dividing by 12 gives you $75/month.
If you moved in the middle of July, you spent 6.5 months in the first state and 5.5 months in the new states.
Yes - Divide the unearned income (like interest and dividends) by 12 and multiply by the number of months you lived in each state.
Let's say you had $900 in interest income for the year. Dividing by 12 gives you $75/month.
If you moved in the middle of July, you spent 6.5 months in the first state and 5.5 months in the new states.