Schedule S: Other State Tax Credit (2024)
California · FTB · Used for tax years 2024
California Schedule S calculates the Other State Tax Credit and reports income taxed by both California and another state. Attach it to Form 540, Form 540NR, or Form 541.
What you'll need
Have the following information ready to complete Schedule S:
- Your name as shown on your California tax return and your SSN, ITIN, or FEIN.
- Descriptions of the double-taxed income items and the amounts taxable by California and by the other state.
- Your California tax liability and California adjusted gross income.
- The income tax liability paid to the other state, that state's abbreviation, and the adjusted gross income taxable by that state.
The form directs you to read the specific line instructions for Parts I and II before completing them.
How to file
Attach your completed 2024 Schedule S to Form 540, Form 540NR, or Form 541.
- Complete Part I with your double-taxed income items and totals.
- Complete Part II to figure the credit.
- On line 12, enter the smaller of line 6 or line 11. Use credit code 187.
The supplied form does not provide a mailing address or e-file directions.
Common mistakes
- Entering a ratio above the limit: Lines 5 and 10 both say not to enter more than 1.0000.
- Skipping the line instructions: The form says to read the specific line instructions before completing Parts I and II.
- Forgetting the attachment: Schedule S must be attached to Form 540, Form 540NR, or Form 541.
Questions people ask
What is Schedule S used to calculate?
Schedule S calculates the Other State Tax Credit. Part I records double-taxed income, and Part II figures the credit.
Which California return do I attach it to?
Attach Schedule S to Form 540, Form 540NR, or Form 541.
How do I determine the credit on line 12?
Enter the smaller of the amounts on line 6 and line 11. The form identifies the credit code as 187.
Where do the double-taxed income amounts in Part II come from?
For line 3, use Part I, line 1, column (b), the amount taxable by California. For line 8, use Part I, line 1, column (c), the amount taxable by the other state.