Andy32
Level 1
07-30-2025
12:14 PM
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I have a PA Resident Client who sold his Rental Property in New Jersey.
He has a registered PA Partnership and files a PA Partnership Return.
My question is he had an $80,000 Gain (Form 4797) on the Sale and the Program is recording the gain
on PA-65 line 12 as a Nontaxable/Nonreportable Income. The Federal 1065 handled it correctly.
This is affecting the PA K1 also.
I spoke with Intuit support, and they did not have any answers
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George4Tacks
Level 15
3 weeks ago
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@Andy32 did you resolve this? Did the partnership file a NJ-1065? I believe that NJ income would show up on the K-1 from the PA partnership doing business in NJ.
Answers are easy. Questions are hard!