CRMO
Level 1

State tax filing

@ErnieS0  But does the MO return also get a credit for the taxes pd to KS?

 

I have the opposite status - a MO resident / KS non resident earning some income in KS. 

 

In preparing the K-40 first (as nonresident for 2022), line 13 asks for cr. paid to other states. The K-40 has total tax $960 before the line 13 cr. so I paused and moved onto MO-1040. It has total tax 2181 before the cr for KS taxes. On MO-CR, the cr for KS tax is 829 (KS inc. = 38% of total, so 38% of 2181 MO tax = 829), bringing the MO tax down to 1352.

 

What is the proper amount to appear on K-40 line 13? Instructions state, "...the credit amount cannot exceed the tax liability shown on the other state’s tax return and the income derived from the other state must be included in your Kansas adjusted gross income (KAGI), line 3 of Form K-40."

1352?

$960 to elim the KS tax?

$0? I was afraid the cr was only for KS residents or partial residents filing as NR based on the instructions.