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Level 2
January 29, 2022
Question

Minnesota Schedule KS not printing for pass-through entity tax

  • January 29, 2022
  • 1 reply
  • 14 views

I have an S corporation tax return on which Minnesota pass-through entity tax was elected.  The Minnesota schedule KS, (the Minnesota version of a K-1) is not printing with the Minnesota tax return.  The schedule KS should print to show each shareholder their share of the Minnesota tax credit they can use on their personal tax returns.

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1 reply

sjrcpa
Level 15
January 29, 2022

Intuit has never been kind to Minnesota, although I hear there are other red headed stepchildren this year.

I'm guessing it is too early for MN to be functional.

The more I know the more I don’t know.
ztvvAuthor
Level 2
January 30, 2022

I spent over an hour on the phone with Lacerte support.  I believe they concluded that this is a bug in the program.  Hopefully it will be fixed very soon.  I cannot finish several S corporation tax returns which have elected state pass-through tax until it is fixed.