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Level 3
Sep 11, 2020 2:15 AM UTC
Question

Montana Schedule K-1

On the Montana Schedule K-1 in PTO where do I enter line 13, Other expense deductions apportionable and/or allowable to Montana?

Tax payer is a Montana non resident.

Thanks.

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8 replies

itonewbie
Level 15
Sep 11, 2020 3:54 PM UTC

Check out the following input screen:

  1. On the left panel, click on Income > Passthrough K-1's > Partnership Info (1065 K-1) or S-Corp Info (1120S K-1);
  2. Go to the State & Local tab;
  3. Scroll down to Montana Adjustments {MT}; and
  4. Enter the amount(s) under the MONTANA column.
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CTCAuthor
Level 3
Sep 11, 2020 6:01 PM UTC

It doesn't list MT in that area. I checked to make sure that state is marked and it is.

itonewbie
Level 15
Sep 11, 2020 6:37 PM UTC

You may want to take a second look...

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