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Which State Taxes The Pension Income

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    #1

    Which State Taxes The Pension Income

    Cleint moved to Wisconsin from California July of 2006. Pension income from the state of california is being paid to them. Which state taxes the pension income?
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    #2
    The state of residence

    Originally posted by Ed Taxes View Post
    Cleint moved to Wisconsin from California July of 2006. Pension income from the state of california is being paid to them. Which state taxes the pension income?
    Pension income is only taxed by the state of residence. Your client will have part year WI and part year CA.

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      #3
      Pro Rate

      You will pro rate the pension income to co-incide with the dates of residency change. Part Year return in Calif (probably had Calif withholding) and Part Year Wi (check on Wi withholding. in each.

      Sandy

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