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Indiana no longer a reverse credit state for Other State Tax Credit purposes

July 28, 2017

Indiana’s reverse credit agreement with California ended effective for tax years beginning on or after January 1, 2017. Beginning with the 2017 tax return, California residents with income from Indiana will claim the Other State Tax Credit for the double-taxed income on the California return. Conversely, Indiana residents with California-source income will claim the Other State Tax Credit for the double-taxed income on the Indiana return. (FTB Technical Advice Memorandum 2017-01; Information Bulletin #28, Indiana Department of Revenue, November 2016) 

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