A taxpayer worked in Washington for thirty years, earning a wage and paying into a pension. When it comes time to receive their pension, they elect to receive the entire pension in a lump-sum payment. They subsequently move to California in the end of the year, but do not get the lump-sum payment until the spring of the following year. In the year of payment, how much of this out-of-state sourced pension taxable to California? (Assume they reside in California the entirety of the payment year as part of their retirement. Also, look at the explanation as much as the answer.)

	All of it - The taxpayer is a resident and therefore all income is taxed.
	$0 - The decision to make the lump-sum payment was made while the taxpayer was a nonresident and therefore it is not taxed by California.
	$0 - Pensions from outside of California are not taxable to California.
	Undetermined - The amount needs to be apportioned over a twelve-month window to determine what percentage is considered California-source income subject to taxation.