I am trying to figure out how to enter the entity level tax paid under the 63-D election in Massachusetts for an S corp on to the individual federal return. I have read the material available and entered the data on section 4 of the CMS form in Proseries for the individual. This reduces the MA tax but does not transfer to the federal return.
Thank you to both who replied to my messages. I sometimes tend to chase my tail and over complicate things. You are both right. A simple T account illustrated the point. Thank you for taking the time to reply. Hopefully I can reciprocate in the future.
