Hello everyone. I am moving from MA to NH in September for 24 months, and then I expect to return to MA. I would like to convert my Traditional retirement savings to Roth during this time given NH lacks income tax.
How do state taxes work in this situation? Can I do 1/3 of the total rollover as soon as I move and ewually spread it across three calendar years? Or, is there a concept of needing to establish residency for the full calendar year that I need to consider?
How do state taxes work in this situation? Can I do 1/3 of the total rollover as soon as I move and ewually spread it across three calendar years? Or, is there a concept of needing to establish residency for the full calendar year that I need to consider?
Statistics: Posted by Range — Fri Feb 02, 2024 9:11 pm — Replies 2 — Views 240