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    rskbe's Avatar
    rskbe Posts: 1, Reputation: 1
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    #1

    Jan 5, 2008, 06:39 PM
    401K OR state WA resi.
    I cashed out my 401k last year early when I chaned jobs to pay some bills. I work in OR state they have income tax. I live in WA state with no income tax. Will I have to pay State tax on this?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Jan 5, 2008, 11:01 PM
    Depends on the state tax laws in Oregon.

    If Oregon considers the distribution to be part of the compensation from the employer, then it is taxable.

    However, I suspect that the 401K custodian will NOT provide a copy of the Form 1099-R to Oregon if they know you live in Washington.
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