Take a look at page 22 at this link. It's the Comparison Formula for 2007 from Pub 111. It seems to show that at under certain circumstance, you can take a credit for Kentucky taxes. It may help you to understand whether you can claim a credit and if so, to convince Drake that you are right.
From: taxchat@yahoogroups.com [mailto:taxchat@ yahoogroups. com] On Behalf Of Lynne Ayton
Sent: Saturday, October 11, 2008 6:37 PM
To: taxchat@yahoogroups.com
Subject: Re: [taxchat] KY Non-Resident & Taxesit is only partial credit because of the diff tax rate; but there should still be a credit & drake is not showing any credit, or even a CR for that matter. thats my problem. drake says it isnt allowed. something to do with the K1 & "withholding"
. i dont get it!
lynne
Debbie Wilson wrote:Reciprical agreement is only for wages I believe. If they had income in Kentucky from real estate, they pay tax to Kentucky and get a credit on Illinois although I don’t know if it’s the full credit. Seems to me I did one not too long ago, where Illinois only gave them a partial credit
Debbie Wilson
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