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Level 2
May 16, 2020
Question

I have a client. He has Maryland sche.K1- Non resident. He supposes to get full refund from the withholding of non-resident K1. But on form K1, there is an addition of net decoupling modification that causes him a tax due. How do I do to get rid of t

  • May 16, 2020
  • 1 reply
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1 reply

sjrcpa
Level 15
May 17, 2020

Why do think he should get a full refund of MD tax withheld. MD taxes a nonresident partner/shareholder on their share of the entity's MD source income. The computation is more complicated than that, though.

The more I know the more I don’t know.