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Level 1
October 13, 2021
Question

dOES INDIANA ALLOW CREDIT FOR STATE TAXES PAID TO OTHER STATES ON COMPOSITE RETURNS?

  • October 13, 2021
  • 1 reply
  • 8 views

MY CLIENT GOT A K1 WITH MULTIPLE STATE K1S ALL MARKED THAT THEY FILED COMPOSITE RETURNS.  CAN I CLAIM A CREDIT ON THE INDIANA RETURN FOR THESE?  DOES INDIANA ACCEPT COPIES OF THE K1S AS PROOF?

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1 reply

dkh
Level 15
October 13, 2021

I'm not familiar with how to handle composite return K1s   BUT  I do know Indiana allows credit for taxes paid to other states - Schedule 6.     Other state return is required for proof.....maybe K1s wills suffice