Janene
		
		
		
		
		
		
		
		
	
			
		
		
			
					
		
	
	
			Level 2
		
	
				
		
	
		
			
    
	
		
		
		09-12-2023
	
		
		04:55 PM
	
	
	
	
	
	
	
	
	
	
	
	
	
	
		
	
				
		
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						I took a the State Income Tax on the 1120S and now I cannot figure out how to report that on the owner's 1040. Help!
					
				
			
			
				
			
			
				
			
			
			
			
			
			
		
		
		
	
	
	
		
			
				
						
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			abctax55
		
		
		
		
		
		
		
		
	
			
		
		
			
					
		
	
	
			Level 15
		
	
				
		
	
		
			
    
	
		
		
		09-12-2023
	
		
		05:22 PM
	
	
	
	
	
	
	
	
	
	
	
	
	
	
		
	
				
		
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The credit for the state taxes paid by the entity goes on the State return, as a payment.
(edit.... my comment applies to California. Rick points out other states do it differently.)
	HumanKind... Be Both
			
			
				
			
			
			
			
			
			
		
			
		
			
	
	
			
				
		
		
			rbynaker
		
		
		
		
		
		
		
		
	
			
		
		
			
					
		
	
	
			Level 14
		
	
				
		
	
		
			
    
	
		
		
		09-12-2023
	
		
		05:23 PM
	
	
	
	
	
	
	
	
	
	
	
	
	
	
		
	
				
		
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It might help if you say which state.
There are generally two approaches, some states give a credit for the tax paid at the PTE level, other states exclude the income already taxed at the PTE level. Either way *something* should probably flow through on a state-K1, where that gets entered I have no idea (and likely it depends on the state).