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State tax filing
Since each state has their own rules, the income from the nonresident state is often adjusted for the resident state rules.
- Each state calculates taxable income differently.
- Each state has its own tax rate/ system.
- You get the lowest of both categories as a tax credit.
You get credit for the lower state tax on the lowest taxable amount.
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‎April 14, 2024
10:14 AM