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evealax
Feb 17, 2012, 07:39 PM
Have a 401k rolled over it to and account in a bank in NY.. They sent me a paper saying to file it as a G.. because I live in fla now. I just moved here in oct.and have not worked.. So what do I put now that my taxes will be done in NY..

AtlantaTaxExpert
Feb 21, 2012, 03:23 PM
If the 401K was rolled over, NO taxes are due to EITHER the IRS or the state of New York.

The transaction is reported on Form IT-203. After 2011, New York will have NO legal standing to tax the distributions if you take any.