Maryland Schedule K-1

[CTC]

Where is the Net decoupling modification added in PTO?

It's in the Maryland Schedule K-1, Part B. Additions #3, Net decoupling modification.

There's a section in the K-1 for State and Local, but for MD it says the entries will not show up on the MD tax return.

Tax payer is a MD non-resident.

[sjrcpa]

Try State Adjustments if you have that. (I'm thinking Lacerte speak)

[itonewbie · Accepted solution]

For PTO, it's under State & Local > Modifications > MD Form 500DM > Decoupling modification from a passthrough entity [Override].

[CTC]

Thanks for the help. I hadn't thought of going to that section.

It worked!

Melissa

[itonewbie]

NP, @CTC!  Have a great day!