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How to separate 1099-INT interest in a partial year resident state tax return

I was a partial year resident in MA, and moved July 1 to NC, so exactly 6 months in each state. I earned interest on two of my investment accounts (1099-INT) only during the time I lived in NC, opened after moving.  How do I ensure I'm not paying taxes to MA for that interest earned after I left the state?

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SharonD007
Employee Tax Expert

How to separate 1099-INT interest in a partial year resident state tax return

You can allocate the amount of interest income between both states. You can divide the total and allocate half to each state since you lived in each state for six months. Review How do I allocate (split) income for a part-year state return? for further explanation.

 

 After you complete your federal taxes, you will move to the State section where you will see the part-year resident states listed. Complete the state that you moved from first, then complete the state that you currently live in. Refer to the TurboTax Help article How do I file a part-year state return? for more information regarding completing your state tax returns.

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