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Personal Finance (Not Investing) • Sourcing interest income to a state

I will ask this to the insurance company selling the annuity, but does the annuity company report interest income (at the time of distribution/withdrawal) to my state of residence? How does the annuity determine which state to report interest income to?

I have the opportunity to move to a lower-income-tax state and purchase the annuity after that move.

Statistics: Posted by VanSchnitz — Sat May 04, 2024 4:33 pm — Replies 6 — Views 326



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