Tax Time - 2010 Roth Conversion opted to defer tax and now in different state
I made some Roth conversion in 2010 and elected to defer the tax to 2011/2012. My residency was IN for all of 2010 and the first part of 2011. During the last part of 2011 my residency was changed to TN.
Tennessee won't have a tax on the conversion but Indiana will. Since I'm a part year resident of IN for 2011, I need to split my income between the two states.
Does anyone have a clue how to do this? If I had done the conversion in 2011 and it was all taxable for 2011, I would say it would go to the state I was a resident of when I did the conversion. But there is something about the fact that it is a deferral that is confusing me - did I defer to the beginning of 2011(IN resident) or to the end of 2011 (TN resident) - or is it spread through the whole year so I take the % of time in 2011 that I was an IN resident to determine how much to claim there?
Quit my J.O.B to become a farmer/rancher - December 2011
Now working part time from home on contract to support prior employer.