MichaelG81
Expert Alumni

State tax filing

Yes, for line 44, the allocated amount comes from Line 33 (amount actually made(THR)/annualized income), it has 2 amounts you must divide the total household resources (THR) by the annualized amount. Get that answer and multiply by 1,600 the maximum credit; that is why it is lower than the amount you gave of 1201.

 

The $1,201 comes from NDA(274)/365=A; Then, Ax1,600= Line 42.

THR/Annualized income=B; Bx1,600= Line 44.

 

 

@LateFiler2022 

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