2023 Form TC-40S - Credit for Income Tax Paid to Another State

The Utah 2023 Form TC-40S - Credit for Income Tax Paid to Another State is to allow taxpayers who have had income taxed by both Utah and another state to claim a credit for the taxes paid to the other state. This can help to avoid double taxation on the same income. The form requires taxpayers to calculate the amount of credit they are entitled to based on the amount of income taxed by both states and the actual income tax paid to the other state.