California Schedule S - Other State Tax Credit - 2013

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CALIFORNIA SCHEDULE
TAXABLE YEAR
S
2013
Other State Tax Credit
Attach to Form 540, Long Form 540NR, or Form 541.
Name(s) as shown on your California tax return
SSN, ITIN, or FEIN
Part I Double-Taxed Income (Read specific line instructions for Part I before completing.)
(a) Income item(s) description
(b) Double-taxed income taxable by California
(c) Double-taxed income taxable by other state
1 Total double-taxed income . . . . . . . . . . . . . .
Part II Figure Your Other State Tax Credit (Read specific line instructions for Part II before completing.)
2 California tax liability. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
00
3 Double-taxed income taxable by California. Enter the amount from Part I, line 1, column (b). . . . . . . . . . . . . . . . . . . .
3
00
4 California adjusted gross income. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
00
5 Divide line 3 by line 4. Do not enter more than 1.0000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5 ____.____ ____ ____ ___
6 Multiply line 2 by line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6
00
7 Income tax liability paid to name of other state (use state’s abbreviation)
_____ See instructions . . . . . . . . . . . . .
7
00
8 Double-taxed income taxable by other state. Enter the amount from Part I, line 1, column (c) . . . . . . . . . . . . . . . . . . .
8
00
9 Adjusted gross income taxable by other state. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9
00
10 Divide line 8 by line 9. Do not enter more than 1.0000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10 ____.____ ____ ____ ___
11 Multiply line 7 by line 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11
00
12 Other state tax credit. Enter the smaller of line 6 or line 11. Use Credit Code 187. See instructions . . . . . . . . . . . . . . .
12
00
General Information
You must attach Schedule S, Other State Tax
Residents of California may claim a credit only
Credit, and a copy of your tax return(s) filed
if the income taxed by the other state has a
For taxes paid to another state on or after
with the other state(s) to your California tax
source within the other state under California
January 1, 2009, a claim for credit or refund
return. If you e-file, do not submit tax returns
law. No credit is allowed if the other state
of an overpayment of income tax attributable
filed with other states to California. Retain a
allows California residents a credit for net
to taxes paid to another state may be filed
copy of other state tax returns, along with a
income taxes paid to California.
within one year from the date tax is paid to
copy of this form for your records.
Nonresidents of California may claim a credit
the other state or within the general statute of
Partners of partnerships, members of
only for net income taxes imposed by and paid
limitations, whichever period expires later.
limited liability companies (LLCs) classified
to their states of residence and only if such
For California treatment of the Revised
as partnerships for tax purposes, and
states do not allow their residents a credit for
Texas Franchise Tax (RTFT) for purposes of
shareholders of S corporations, see Section G,
net income taxes paid to California.
determining eligibility for an other state tax
Pass-Through Entities, for more information.
Important: See Sections C, California
credit, get FTB Notice 2010-2, go to
Residents, and D, California Nonresidents,
ftb.ca.gov and search for rtft.
A Purpose
for a list of states and U.S. possessions for
Taxpayers may qualify for a credit for income
If you are an individual filing a California
which the other state tax credit is allowed. See
taxes paid to another state when the same
personal income tax return or an estate or
Section H, Income from Sources Within the
income that is taxed by the other state is
trust filing a California fiduciary income tax
Other State, for a description of the source of
also taxed by California. Other state income
return, use Schedule S to claim a credit against
various types of income.
taxes which are paid to the other state do not
California tax for net income taxes imposed by
Beneficiaries of estates or trusts, partners
necessarily have to be in the same year, as long
and paid to another state or U.S. possession.
of partnerships, members of LLCs classified
as the taxes relate to the same transaction.
as partnerships, and shareholders of
Schedule S 2013
8021133
For Privacy Notice, get FTB 1131 ENG/SP.

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