Sorry, but this does not answer my questions.
Here are the entries as they appear in form NJ-COJ - Credit for Income or Wage Taxes Paid to Other Jurisdiction:
The Philadelphia Tax as stated on W-2 was $4804 (appear on the line B in smart worksheet for NJ-COJ)
Line 8 Allowable Credit $6740 (as a percentage from total NJ tax we would have pay on that income after property tax deduction if all of it was earned in NJ ).
Line 9a Credit for taxes paid to other jurisdiction $3772
The credit allowed is lesser of line 8 and 9a $3772, but it is not the same amount that was paid to Philadelphia. Why the credit is not $4804? Why it is reduced to $3772.
