Form Tc-40s - Credit For Income Tax Paid To Another State

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TC-40S
Credit for Income Tax Paid to Another State
40208
Rev. 12/12
Your last name
Your social security number
Part-year residents rarely qualify for this credit.
Nonresidents do not qualify for this credit.
See instructions on page
21
.
Part-year resident:
A taxpayer who is domiciled in Utah for part of the year and domiciled in a state, other than Utah, for part of the
year, may only claim credit on the portion of income: (1) subject to both Utah tax and tax in the other state, (2) received while domiciled
in Utah, and (3) included in “Column A-Utah Income” on TC-40B. Also see Part-Year Resident Defined on page 4 of instructions.
Enter the sum of the credits on TC-40A, Part 4 using code 17.
FIRST STATE
Enter only the portion of the federal adjusted
1.
Line 3 cannot be
gross income taxed by both Utah and the state of:
_________________________
.00
greater than 1.0000
2. Federal adjusted gross income from TC-40, line 4 (see line 4 instructions on page 7)
.00
3. Ratio of other state income to total income (divide line 1 by line 2 and round to 4 decimal places)
.
_ _
_
_ _ _ _ _ _ _ _
_
_
_
_
4. Utah income tax from TC-40 line 22. Part-year residents, see instructions.
.00
5. Credit limitation (multiply line 4 by decimal on line 3)
.00
6. Actual income tax paid to state shown on line 1. Part-year residents must
prorate the tax paid to another state. The credit only applies to the portion of the
.00
actual taxes paid on income shown on line 1
.00
7. Credit for tax paid to another state (line 5 or 6, whichever is less). Enter on TC-40A, Part 4, using code 17.
Keep a signed copy of the other state’s income tax return for your records.
SECOND STATE
Enter only the portion of the federal adjusted
1.
Line 3 cannot be
.00
gross income taxed by both Utah and the state of:
_________________________
greater than 1.0000
2. Federal adjusted gross income from TC-40, line 4 (see line 4 instructions on page 7)
.00
3. Ratio of other state income to total income (divide line 1 by line 2 and round to 4 decimal places)
.
_ _
_
_ _ _ _ _ _ _ _
_
_
_
_
4. Utah income tax from TC-40 line 22. Part-year residents, see instructions.
.00
5. Credit limitation (multiply line 4 by decimal on line 3)
.00
6. Actual income tax paid to state shown on line 1. Part-year residents must
prorate the tax paid to another state. The credit only applies to the portion of the
.00
actual taxes paid on income shown on line 1
.00
7. Credit for tax paid to another state (line 5 or 6, whichever is less). Enter on TC-40A, Part 4, using code 17.
Keep a signed copy of the other state’s income tax return for your records.
THIRD STATE
Enter only the portion of the federal adjusted
1.
Line 3 cannot be
gross income taxed by both Utah and the state of:
_________________________
.00
greater than 1.0000
2. Federal adjusted gross income from TC-40, line 4 (see line 4 instructions on page 7)
.00
3. Ratio of other state income to total income (divide line 1 by line 2 and round to 4 decimal places)
.
_ _
_
_ _ _ _ _ _ _ _
_
_
_
_
4. Utah income tax from TC-40 line 22. Part-year residents, see instructions.
.00
5. Credit limitation (multiply line 4 by decimal on line 3)
.00
6. Actual income tax paid to state shown on line 1. Part-year residents must
prorate the tax paid to another state. The credit only applies to the portion of the
.00
actual taxes paid on income shown on line 1
.00
7. Credit for tax paid to another state (line 5 or 6, whichever is less). Enter on TC-40A, Part 4, using code 17.
Keep a signed copy of the other state’s income tax return for your records.
Use additional forms, TC-40S, if claiming credit for more than three states.
Enter the total of the amounts from all lines 7 on TC-40A, Part 4, using code 17.
Submit page only if data entered.
Attach completed schedule to your 2012 Utah income tax return.

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