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Allocating income on a 1065

TypeA
Level 1

I have some brokerage accounts and one k-1. Only the income from the brokerage accounts should be allocated as NY source income. Where is the input for this? Right now, all the income is being allocated to NY on the NY state k-1s even though the NY source gross income worksheet is correct. 

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3 Comments 3
sjrcpa
Level 15

Is this a NY Partnership?

The more I know, the more I don't know.
TypeA
Level 1

Organized in NY, yes. Only holds investments so no physical location in NY. 

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sjrcpa
Level 15

Si what other income is being allocated to NY if all they have is investment income?

The more I know, the more I don't know.
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