I am also a resident of NE. I receive S Corp Income from the same source, some is IA and some is NE. I do not earn W2 wages in IA. I understand that I should reduce my Fed AGI by the IA portion of the S Corp income when determining my NE taxable income. My question is concerning the credit for tax paid in IA, can I also receive that credit from NE, or does the credit only apply to taxes paid on W2 wages in another state?
