I have a shareholder in a RI sub S.
They get a K-1 with a Pass-through withholding payment made for out of state resident
where does this amount get entered on k-1 input screen in the individual module?
This discussion has been locked. No new contributions can be made. You may start a new discussion here
In most states, S corporations can either (1) file a composite return and pay state income tax on behalf of the nonresidents shareholders' income, freeing the shareholders from filing a nonresident income tax return; or (2) withhold state income tax on the nonresidents’ K-1 income.
Since the S corporation chose Option (2), your client needs to file Form RI-1040NR and report the RI withholding.
Enter the amount on screen 20.2, under section line 13, in the field credit for state estimates/withholding paid, and code to RI
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.