multi-state pension allocation

[capitaltaxesmt]

I have clients that moved from Oregon to MT in July with the only source of income being pension and social security evenly distributed throughout the year.  Even the the part year resident form was filed out for both MT and OR, proconnect is not allocating any of the income to Oregon and only MT.  Why would none of this income be partially allocated to Oregon?

[itonewbie]

Read these articles in details and check that you have coded your multi-state return correctly.  If you still have problems after that, please come back with more info about your entries and someone may just be able to point you in the right direction.

https://proconnect.intuit.com/taxprocenter/practice-management/handling-multi-state-returns-in-proco...

https://proconnect.intuit.com/support/en-us/help-article/form-w-2/create-multi-state-return-proconne...

https://proconnect.intuit.com/support/en-us/help-article/multi-state-taxes/entering-multi-state-amou...

[capitaltaxesmt]

Thank you for this information.  What is the calculation to determine the amount of the total social security received for the year or the total pension amount received for the year.  If the total social security received is $50,000 do you just take $50,000/12=$4167/mo and allocate that to each state?

[sjrcpa]

That's what I would do.

[itonewbie]

Just as Susan says.  And if you want to be more precise, I'd look at how much your client received while resident in each state and use that as the basis for proration.

[qbteachmt]

I see the "MT" in your username, so perhaps you already confirmed MT 2 schedule 4 has the info you need to provide? Because MT will start with all the income, then adjust the Tax according to the ratio of part-year residence. That's a bit different than how you stated it.

[capitaltaxesmt]

MT is working correctly.  However, no income is being allocated to Oregon which is the other state they moved from.  

[itonewbie]

@capitaltaxesmt Have you reviewed the articles and followed the instructions?

[qbteachmt]

See if these help:

https://proconnect.intuit.com/support/en-us/help-article/multi-state-taxes/entering-multi-state-amou...

https://proconnect.intuit.com/support/en-us/help-article/form-1040/allocate-amounts-multi-state-indi...

And this part: "The Percentage of Source Income field is not available for income such as Interest, Dividends, Pensions, Gambling winnings, or other Miscellaneous income. It is also not available for adjustments to income or deductions. Those must still be allocated to each state using the Allocate Multi-State Amounts option (+ sign)."