Part Year Resident - Previous State portion of interest and dividend income

[bou10404]

Lived in CO from 01/01/2023 to 01/31/2023 before moving out of state, therefore I'm filing a part-year return for CO.

TurboTax is asking me for the Colorado Portion of Interest and Dividend Income. Say I had $10,000 in interest and dividends. I lived in CO for 31 out of 365 days, so 8.5% of the year. Would that mean I should report $850 (0.085 * $10000) as my Colorado Portion of Interest and Dividend Income?

[TomK2023]

Not exactly.  Your dividends and interest is taxable by the state that you are a resident of at the time your dividend and interest is paid.  The dividends and interest received while you lived in Colorado should be included in your Colorado income.

[bou10404]

Thank you. So for examples sake...let's say I had a savings account that earned interest daily, but only paid the interest once a month (in my case, say on February 1st). Even though I was technically earning interest while living in CO, since the interest was only paid to me on February 1st, then that interest would not be taxable in Colorado, but instead taxable in my new state (assuming the new state taxes interest income)?

[AnnetteB6]

Your example is correct.  If you were not paid interest while you were a resident of Colorado, then you would not report any interest on the Colorado return.

@bou10404