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State tax filing
Let me help. Follow these steps:
Col 1- the initials for the other state where income was earned
Column 2 - income earned in state listed
Column 3 - #column 2 divided by LA income (usually IT 540 line 7). This gives the % of income earned in col 1 state
Column 4 - multiply % from column 3 time LA deductions (usually IT 540 line 8c)
Column 5 - Col 2 - Col 4
Column 6 - col 5 divided by LA taxable income (usually IT 540, line 10)
Column 7 - col 6 times your LA tax (usually IT 540, line 11). Round to the nearest dollar.
Column 8 - find the tax liability on Col 1 state return and enter it here
Column9 - enter the smaller of col 7 or col 8.
If your taxes are more complicated or you use other forms and need more detailed instructions, click here.
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‎February 28, 2022
7:12 PM