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Foreign tax credit
Dear Sir / Madam,
I have entered in TurboTax the interest earned and the tax paid in India on Bank accounts. I qualify for foreign tax credit (as the tax I paid in India is < $300) on the federal return. But I did not get foreign tax credit on my California State Tax.
Do I not qualify for the same on the CA state tax? If not, why?
Thanks,
Vishvanath
I have entered in TurboTax the interest earned and the tax paid in India on Bank accounts. I qualify for foreign tax credit (as the tax I paid in India is < $300) on the federal return. But I did not get foreign tax credit on my California State Tax.
Do I not qualify for the same on the CA state tax? If not, why?
Thanks,
Vishvanath
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‎June 3, 2019
6:39 PM