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February 11, 2025
Question

CA Income Tax Return - How to claim credit on foreign taxes paid on dividend income

  • February 11, 2025
  • 1 reply
  • 0 views

While claiming a credit on foreign taxes paid on passive income (dividend) reported on a 1099-DIV is straightforward on my federal return, I'm not able to find if there is a credit under California income tax rules.  Does anyone know?  I did not find it listed as a special credit on 540 instructions. Thank you.

1 reply

February 11, 2025

California does not give a credit for foreign taxes paid. 

February 24, 2025

Thank you for your help!