Ask Experts Questions for FREE Help !
Ask
    Trishala Raj's Avatar
    Trishala Raj Posts: 95, Reputation: 1
    Junior Member
     
    #1

    Mar 23, 2010, 02:01 PM
    How do I file?
    Lived in SC for a month in 2009 and for the rest of the year I lived in Lousiana.
    So is it that I file Part Year resident for both these states?

    I also withdrew my 401k from SC. Should I mention it in my Lousiana State return?

    Thanks in advance
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
    Expert
     
    #2

    Mar 24, 2010, 05:54 AM

    Yes - you were a part-year resident of LA as well as SC, so you file part-year resident returns with both states.

    You say you "withdrew my 401k from SC" - do you mean you made a withdrawal from your 401(k) during that first month when you were a resident of SC? If so, then on the LA return it will be included in your federal adjusted gross income (line 7 of IT-540B), but you do not show it as part of your LA income (line 8).
    Trishala Raj's Avatar
    Trishala Raj Posts: 95, Reputation: 1
    Junior Member
     
    #3

    Mar 24, 2010, 06:34 AM

    Thanks for the reply. Yes the
    401K was taken out in SC in Jan.
    Do you get a credit for the taxes
    You pay in SC on your Lousiana State return or is that only for NON RESIDENTS?
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
    Expert
     
    #4

    Mar 24, 2010, 06:38 AM

    Are you talking about the credit for taxes paid to other jurisdictions? If so, that only applies to taxes you may have paid to another state while a resident of LA, so that doesn't apply to you.
    Trishala Raj's Avatar
    Trishala Raj Posts: 95, Reputation: 1
    Junior Member
     
    #5

    Mar 24, 2010, 06:42 AM

    Thank you :-)

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search


Check out some similar questions!

'NDSTray.exe' file in MSConfig - Startup file [ 1 Answers ]

In the MSConfig system configuration utility tray, at the startup tab, what is the NDSTray.exe file checked for?

Wait and file first year choice or go ahead file as a non-resident alien [ 1 Answers ]

Dear TAx Expert, I was on F1/OPT until July 30th and changed to H-1B on August 25th. I earned less than 4,500.00 during my OPT and had a total income of 16000 on H-1B. Should I file an extension and make First Year Choice after I pass the SPT or just go ahead to file the tax return as a...

H4 Visa: 2007 Tax Filing Status - To file or Not to File [ 1 Answers ]

Hi, I am on H4 from 2006. Filed tax for 2006 using ITN with my spouse(H1) as Joint Return. My spouse wants to do Married filing Separately FOR 2007. My question is for 2007, 1) Do I need to file a separate return in spite of lack of income(H4) ? 2) Or do I just leave it as such and not file at...

File W-7 form without tax return and why to file as a resident alien? [ 1 Answers ]

I came to USA in August 2004 on F1 Visa. I graduated and change status to H1b visa from October 2007. Now, I got married and my hasband came to USA on January 2008 on H4 visa. I have my brothers whom I can claim as they have green card and not earning anything. I will have to wait till May 2008...

File as married & self-employed: live in NY and do biz in Florida. Where do I file? [ 1 Answers ]

I moved to NY in the beginning of 2007. I am a freelance designer and I do business with clients in New York and Florida. I receive 1099s from my clients, both in New York and Florida, but i am not sure were do I have to file. Could you please clarify this for me? Thank you.


View more questions Search