Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProConnect Tax
- :
- ProConnect Tax Discussions
- :
- How to reduce ID guaranteed payments subject to apportionment
How to reduce ID guaranteed payments subject to apportionment
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
Bryan_W
Level 1
09-01-2022
01:13 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
In a partnership return, ProConnect is reporting all guaranteed payments as subject to Idaho apportionment on Line 16 of the ID K-1. I have reported the guaranteed payments in the input screen as Utah guaranteed payments. According to the ID K-1 instructions, a guaranteed payment of $400,000 should be reduced by $277,745 which is sourced to Utah and only show $122,255 on Line 16 subject to apportionment. I entered the $277,745 to show up on Line 31 of the ID K-1 as being sourced to another state but it still is not reducing Line 16. Anyone know how to reduce Line 16 appropriately?
Labels
