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    How to adjust foreign tax paid from an S corporation to California tax return?

    dati001
    Level 1

    I imputed $170 of foreign tax paid by an S corporation on screen  27 - Other Schedule K Items. My California ending liabilities and equity is out of balance by the same amount of $170. How do I fix it.  Thank you.

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    Accepted Solutions
    George4Tacks
    Level 15

    M-1 adjustment


    Answers are easy. Questions are hard!

    View solution in original post

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    1 Comment 1
    George4Tacks
    Level 15

    M-1 adjustment


    Answers are easy. Questions are hard!
    0 Cheers