anita1
Level 3

I am preparing the 1041. There is no income in Maryland. The k-1 is for a Virginia resident and the other is for a Maryland resident. Why should they receive a Maryland k-1 ? They should not be taxed in 2 states for the same income? There is no interest from the checking account in Maryland. The property is generating net income in NJ. What would be on the Maryland k-1? 

0 Cheers