What is the name of your state?What is the name of your state? NM
I received a pension payout in IL from my ex husband's
account that was divided thru a QDRO. I then moved to NM and bought a house that I have done work on. I had no income that came from NM in 2005, but I do have expenses, including some hefty medical ones and was told by an accountant in IL that since this is my first house in 2 years I get a 10K dedction for that. How do I go about filing my taxes. Do I claim the money I received from the pension in IL or NM (as per federal law 20% of the check was kept when I received it in IL).
What about deductions? Can I claim deductions in both states even if the money came to me when I was in IL. This all seems very complicated and have no idea what to do. Thanks.
I received a pension payout in IL from my ex husband's
account that was divided thru a QDRO. I then moved to NM and bought a house that I have done work on. I had no income that came from NM in 2005, but I do have expenses, including some hefty medical ones and was told by an accountant in IL that since this is my first house in 2 years I get a 10K dedction for that. How do I go about filing my taxes. Do I claim the money I received from the pension in IL or NM (as per federal law 20% of the check was kept when I received it in IL).
What about deductions? Can I claim deductions in both states even if the money came to me when I was in IL. This all seems very complicated and have no idea what to do. Thanks.