courtnal
Level 1
02-12-2024
05:09 PM
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For Montana PTE Tax, ProConnect calculates the Montana tax and produces a payment coupon. Is a there a specific entry into the Federal K1 for each partner that reduces the taxable income and self employment earnings by the tax, or is the process to add memo information in the attachments to the K1 advising the taxpayer to deduct the taxes when the K1 information is entered into their 1040 tax return.