Took all of RMD (01/2019) while living in Texas. Moved to Louisiana (06/2019). Would this RMD distribution be considered as Texas income.?
RMD distribution for 2019
- Max HooplaLv 71 month ago
It was income in the state where you got the money.
- EvaLv 71 month ago
Yes. When you are are a part year resident, you figure your income for each state based on where you lived when you received it. Make sure you keep any proof that has a date on it (statements, etc) as the 1099s don't have dates on them.
- A.J.Lv 71 month ago
If you were resident of Texas, it was retirement income while resident of Texas, and since 1995, is Texas income. Louisiana, I believe, considers you a part-year resident, and taxes by percent of income that is Louisiana sources.