bill_md
Level 2
04-07-2025
08:34 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I put zeroes in the box to the right of the federal amounts but the amounts still flowed to MD return. A MD passive loss carryover is shown in the carryovers section.
Labels
sjrcpa
Level 15
04-08-2025
09:25 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
A MD Resident is taxed on all of their income. They can get a credit for tax paid to their other states if that K-1 income is taxed elsewhere.
The more I know the more I don’t know.
