Credit for Income Tax Paid to Another State
TC-40S
40408
2014
SSN
Last name
NOTE: Part-year residents rarely qualify for this credit. Nonresidents do not qualify for this credit. See instructions.
FIRST STATE
.00
1 Enter federal adjusted gross income taxed by both Utah and state of:
1
.00
2 Federal adjusted gross income from TC-40, line 4 (see instructions)
2
3 Divide line 1 by line 2; round to 4 decimal places. Do not enter a number greater than 1.0000.
3
.00
4 Utah income tax from TC-40, line 22. Part-year residents, see instructions.
4
.00
5 Credit limitation - multiply line 4 by decimal on line 3
5
.00
6 Actual income tax paid to state shown on line 1
6
Part-year residents must prorate tax paid to other state. Credit only applies
to the portion of actual taxes paid to the other state on income shown on line 1.
.00
7 Credit for tax paid another state - lesser of line 5 or line 6
7
SECOND STATE
.00
1 Enter federal adjusted gross income taxed by both Utah and state of:
1
.00
2 Federal adjusted gross income from TC-40, line 4 (see instructions)
2
3 Divide line 1 by line 2; round to 4 decimal places. Do not enter a number greater than 1.0000.
3
.00
4 Utah income tax from TC-40, line 22. Part-year residents, see instructions.
4
.00
5 Credit limitation - multiply line 4 by decimal on line 3
5
.00
6 Actual income tax paid to state shown on line 1
6
Part-year residents must prorate tax paid to other state. Credit only applies
to the portion of actual taxes paid to the other state on income shown on line 1.
.00
7 Credit for tax paid another state - lesser of line 5 or line 6
7
THIRD STATE
.00
1 Enter federal adjusted gross income taxed by both Utah and state of:
1
.00
2 Federal adjusted gross income from TC-40, line 4 (see instructions)
2
3 Divide line 1 by line 2; round to 4 decimal places. Do not enter a number greater than 1.0000.
3
.00
4 Utah income tax from TC-40, line 22. Part-year residents, see instructions.
4
.00
5 Credit limitation - multiply line 4 by decimal on line 3
5
.00
6 Actual income tax paid to state shown on line 1
6
Part-year residents must prorate tax paid to other state. Credit only applies
to the portion of actual taxes paid to the other state on income shown on line 1.
.00
7 Credit for tax paid another state - lesser of line 5 or line 6
7
Use additional forms TC-40S if claiming credits for more than three states.
Enter the total of all amounts shown on line 7 above on TC-40A, Part 4, using code 17.
Submit page ONLY if data entered.
Attach completed schedule to your Utah Income Tax Return.