SoCalCPA2651
Level 2
09-08-2023
01:47 PM
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The K-l is from a TX LLC treated as a partnership to an CA S-Corp partner (California resident owner).
This is not Pass through entity tax (PTET).
Non Resident withholding is shown on the K-1s. All state K-1's allocate the income to the various states.
TP is a California S-Corp. K-1 States are CO, MA, MN, PA, VA, WI, UT.
I think I am going to need to use the state miscellaneous apportionment screen - ProConnect only allows K-1 income to be stated for a few states in the main K-1 screen. CA taxes "worldwide" income.