Discover answers to your most pressing questions at Westonci.ca, the ultimate Q&A platform that connects you with expert solutions. Explore thousands of questions and answers from a knowledgeable community of experts ready to help you find solutions. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

Annie is a resident of State A, which has a 4% tax rate. But Annie works in State B, which has a 5% tax rate. Annie's taxable income in State A is $120,000 (her entire amount of income generated everywhere). In State B, Annie's taxable income is $100,000 (her State B source income). Annie paid taxes of $5,000 in taxes to State B. There are no tax agreements between the two states. If Annie's State A tax before any credits for taxes paid to other states is $4,800, how much of a credit for taxes paid to State B will Annie be able to claim on her State A return?