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- Entering a LP K1 for Maryland Resident with no Maryland source income from the LP. How do I keep amounts from flowing into MD return?
Entering a LP K1 for Maryland Resident with no Maryland source income from the LP. How do I keep amounts from flowing into MD return?
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bill_md
Level 2
04-07-2025
08:34 PM
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I put zeroes in the box to the right of the federal amounts but the amounts still flowed to MD return. A MD passive loss carryover is shown in the carryovers section.
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sjrcpa
Level 15
04-08-2025
09:25 AM
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A MD Resident is taxed on all of their income. They can get a credit for tax paid to their other states if that K-1 income is taxed elsewhere.
The more I know the more I don’t know.
