hfang688
Level 1

Hi,

I have an S corporation and pay Connecticut taxes.  Such taxes are creditable on individual tax returns (form 1040).  I don't know how to process the tax credit in K-1.  Can somebody help me?  

 

Thanks

Helen

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MShaff3001
Level 1

Near the very bottom of k-1 entry (depending on what states you have loaded on the return) there is a section labeled "Connecticut information". The only item available for entry is "Pass-through entity credit"

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