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Nadine worked in New York for 20 years. She retired and moved permanently to Palm Springs,...

Nadine worked in New York for 20 years. She retired and moved permanently to Palm Springs, California on January 1. While living in California, she began receiving her pension of $25,000 per year. How much of the pension income is taxable in California?

Group of answer choices

$10,000

$25,000

$0

$12,500

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Answer #1

(Q) Nadine worked in New York for 20 years. She retired and moved permanently to Palm Springs, California on January 1. While living in California, she began receiving her pension of $25,000 per year. How much of the pension income is taxable in California?

(Ans) Option B - $25000

  • Determination: Nadine is a full-year resident of California now. As a California resident, she will be taxed on all of her income, regardless of its source and she should not make any adjustments on Schedule CA (540), to exclude any of her pension income.
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