61k + 67k = 128k........so 10k of other income?
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I see what you've done but I guess I differ from what you are doing. .....while it's counter-intuitive....due to the way SC does Part-year in a screwball way......my (non-legal) opinion is that you do NOT take ID the credit for taxes paid to another state for that 61k.
Properly, only ID get to tax that income. By taking the credit in the ID form, you are essentially indicating that SC gets to tax all of it...no way ! SO, you would delete the taxes paid to another state in the ID interview, and let it assess the proper ID tax on the entire 61k. That would make the ID form correct. (as long as you were able to indicate the other 67K was not ID income (so line 39 of the ID form 43 ends up at ~45-55% ? )
Then, once it is properly taxed on the ID form 43, you get to the SC tax return, and you avoid the double-tax there when you do get the tax credit for earning AND being taxed on the 61k you actually earned in ID.
The 61k was actually earned in ID. So, for teh way the SC does it, SC calculates a tax on everything for teh entire year, but then removes the tax on the ID income by using the tax credit..where it belongs.
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Yeah...that's just my strong opinion .
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
