Montana Schedule K-1

[CTC]

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.

[itonewbie]

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.

[CTC]

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

[itonewbie]

You may want to take a second look...

[CTC]

I contacted support since I couldn't find it and after an hour they realized that it wasn't supported in 2018 and that's why I couldn't find it, so I either have to do it using another method for preparing the tax return or just not use that deduction.

[sjrcpa]

You should have stated 2018 in original post.

The logical assumption we volunteers make is that you are working on a current year return unless otherwise specified.

[CTC]

Yes, I realized that after the fact. I apologize for that.

This return has 12 states and has been a total time killer, to the detriment of my other clients, especially since I don't deal with most of these states. I'm used to calling customer support, but this year they are asking me where on the tax return the item should go. I previously used Lacerte, but customer support may be this way across the board.

Once again, I'm sorry, but at least I'll know how to do this for the 2019 return.

[sjrcpa]

No problem. I know you're learning.

[itonewbie]

As Susan says, that's not a problem.  We're glad our input helped you save a couple minutes.  That's where this forum comes into play - sharing our collective experience to help one another.  Cheers!