Credits for taxes paid to other states often do not equal the amount of tax paid the other states. This is because a resident state will calculate the amount of tax they charge on the same other state income. It very well may be different. For Instance, if you live in Georgia with a 5.75% tax rate and earn income in New York taxed in New York at 6.85%, Georgia is not going to give you a credit for the full amount of tax you pay New York, only the amount of Georgia Tax on that same income.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
