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FIRST 10 MOS. IN ONE STATE. LAST 2 MONTHS IN STATE OF NEW RESIDENCE. CANNOT GET THE RETURNS TO ALLOCATE. HAVE ADDED STATE AND CLICKED MULTI RETURNS.

susann1070
Level 1
THINGS LIKE DIVIDENDS, CAPITAL GAINS AND SCHEDULE A DEDUCTIONS ARE NOT ALLOCATING. EVERYTHING IS ENDING UP ON THE NEW RESIDENT STATE AND ZERO IS ENDING UP ON THE STATE OF THE FIRST 10 MONTHS.
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3 Comments 3
sjrcpa
Level 15

You have to allocate these yourself. 

The software does not do it based on days of residence.


Ex-AllStar
qbteachmt
Level 15

You also need to know what each State requires. Instead of allocating like you are stating it, there are States where you report 100% and then the State gives a credit for taxes paid to the other State, for instance. States often have different ways they tax and credit and exclude, as well. You cannot just Allocate, as if that is all that is required.

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"Level Up" is a gaming function, not a real life function.
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George4Tacks
Level 15

You need to determine the amounts by date received in each state.

 


Here's wishing you many Happy Returns