1065 Forcing a state-specific K-1 rental losses without apportionment
I am preparing a 1065 for a DE-based holding company. The partnership has zero direct operations, property, payroll, or sales. Its only activity is receiving passthrough K-1s with rental real estate losses already sourced to specific states.
I need these state-sourced (CO, IL, & DE) K-1 losses to flow correctly to my client's state returns and outgoing K-1s. However, since the lower-tier entities already did the apportionment math, I want to avoid using the standard apportionment screen, as it doesn't seem allow me to accomplish what I am trying to do or give me a way to enter exact amounts.
What is the exact input path or override method in ProConnect to hard-code these passthrough K-1 rental losses directly to their respective state returns? In the passthrough K-1's input there is an input for federal but no option to source this to a state. The state if different input doesn't allow DE, IL, or CO inputs.
