"Actual tax paid to other jurisdiction (not withholding amount)" - Meaning?
I split residency last year between NJ and NY. Using TaxAct for my NJ return it is asking me for the title ("Actual tax paid to other jurisdiction (not withholding amount)"). Does this mean if I paid in withholding, e.g., $5000, but am getting a refund of $1000 from NY, that I should put $4000?
Basically the amount for that question is: withholding amount +/- taxes owed/refunded? (e.g.,
-
I paid $5k and owe $1k so answer = $6k
-
I paid $5k but am refunding $1k so answer = $4k
)
Posted Apr 15, 2018, 7:45 PM UTC · edited
11
Yeah, that's basically it. If you can view the actual state return, there's usually a line that says something like "total tax" and presented before the payments/withholding amounts.