class="archive category category-resident-credit category-42">

Sign Up for Our
E-Newsletter

Supreme Court Decision on Maryland case May effect New York’s Resident Credit

The Wynne case – a Maryland case – involved the credit for taxes paid to other states (Resident Credit).

All states that have an income tax, charge their residents tax on all of their income. If the taxpayer earns income from other states, they also have to pay a nonresident tax to the other state […]