lboydjdd
Level 2
10-14-2021
01:31 PM
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I have a grantor trust that I am trying to prepare with a multi state K-1. The Kentucky K-1 Form PTE is one of the states and on the PTE it is showing numbers in the Section A Pro Rata Share Items that match the federal numbers. However since Lacerte does not support multi-state K-1 form entries, I am left to manually put the Kentucky Share Items in the additional notes of the grantor letter. I should not be putting those federal numbers correct? I was looking at the 740NP-WH form and that had a Kentucky Distributive share item. Should I be listing that on the grantor letter as Kentucky's share income? Or do I take the numbers on the PTE and multiply it by the apportionment factor and then list them on the grantor letter?
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