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D
dbuckeye7128
April 4, 2024
Question

Partial year resident

  • April 4, 2024
  • 1 reply
  • 0 views

Lived in MD 10 months prior to moving to DC. I am retired, have a small pension plus interest and dividend income. The pension portion is easy to figure. How do I determine interest and dividend income? Go back to monthly statements an total it up?

Thanks,

DB

    1 reply

    M
    mglauner
    April 4, 2024

    Yes, you can take your total annual interest and dividends and allocate it between Maryland and DC according to time you lived there.

     

    Here's more info on Allocating Income for a Part-Year Resident and more instructions on How to File a Part-Year Resident Return. 

      D
      dbuckeye7128Author
      April 4, 2024

      Thank you.

      I am going through my consolidated statements now, highlighting November and December amounts.

      What about ordinary dividends vs qualified? Do they matter with state?

      AmyC
      AmyC
      Employee
      April 6, 2024

      No, just enter the dividends for that time period.

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