Thanks. I did that and followed the turbotax questions for the credit; however, the resulting credit from RI was quite a bit less than the taxes added to RI for the “joint” income. So here is my question:
In the turbotax interview for the credit for Mass taxes paid it asks me to “Enter the amount of tax that you paid to MA on income that was also taxed by Rhode Island”. I prorated the MA tax for the “joint” income and entered the number.
BUT ON THE ACTUAL RI FORM this item reads “Tax due and paid to other state” and it is then used along with the total MA AGI to apportion those taxes based on the “joint” income amount and calculate a maximum tax credit allowed. The RI form also calculates a maximum credit allowed based on RI information and tax rates and then allows the lower of the two. But in the turbo tax interview the MA calculation appears to always come out lower because of the entry for tax that you paid to MA on income that was also taxed in RI.
If I enter the total MA tax paid in this field the math seems to make sense. So is the turbo tax question incorrect here? I think I should ignore it and enter the full MA tax paid as the RI form seems to request. Thoughts?
