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California K1 Import

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California K1 Import

MosheR

When importing a K-1 for California, the software inputs the California source amount from the K-1 into the "state if different" box. This is incorrect as it is creating a Federal vs. state adjustment reflecting the amounts not sourced to the state rather that differences in income calculation under California law.

State if different box should import column D of the K-1, while column E of the K1 should go in the state source amount box.image.png

 

Status: New
Vote now if this is a good idea
1 Comment
abeer
New Member

great idea!

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