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In column B enter the amount from line 18 column B. IT-112-R-I 2008 back Line 21 Capital gain portion of lump-sum distributions Enter in column A the capital gain portion of lump-sum distributions reported at Part II of federal Form 4972. Enter in column B of Form IT-112-R the gross income from column A that was taxed by the other taxing authority minus any applicable expenses and losses that you deducted in computing federal adjusted gross inco...
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What is resident credit - department?
Resident credit - department is a tax credit that is applicable to individuals who are residents of a particular jurisdiction and have paid taxes to a specific department within that jurisdiction.
Who is required to file resident credit - department?
Individuals who are residents of the jurisdiction and have paid taxes to the specific department are required to file for resident credit - department.
How to fill out resident credit - department?
To fill out resident credit - department, individuals must gather necessary tax documents and information related to their residency and taxes paid. They can then complete the appropriate forms provided by the department, accurately reporting the required information.
What is the purpose of resident credit - department?
The purpose of resident credit - department is to provide residents with a tax credit for taxes paid to a specific department within their jurisdiction. This credit helps offset the tax liability of the residents.
What information must be reported on resident credit - department?
The information that must be reported on resident credit - department includes the individual's residency status, amount of taxes paid to the specific department, and any other required details or supporting documentation as specified by the department.
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