Question
Multistate S corporation state allocation
Alabama S corporation with separately stated passive dividend income entered on Form 20S Schedule B as nonbusiness income, zero allocated to Alabama. Schedule C excludes the dividends, but Lacerte continues to apportion Schedule K line 5 and include the amount on nonresident K-1 line K and Form EPT. What supported input or override removes the dividend from the Alabama apportioned amount without changing the federal Schedule K amount?
