Welcome back! Ask questions, get answers, and join our large community of tax professionals.
Showing results for 
Search instead for 
Did you mean: 

Apportion of income/expenses for multiple states on Form 1065

Level 5

I'm trying to apportion income/expenses to multiple states on Form 1065 using ProSeries Professional pay-per-return. Can this be done?

If not, can I purchase a pay-per-return in any other Intuit product to get this return done.


This discussion has been locked. No new contributions can be made. You may start a new discussion here

3 Comments 3
Level 14
Level 14

A1065 partnership distributes income to its partners on a proportional based on ownership %. That is done on each partners K1 worksheet. You shouldn't have any issues that I am aware of using ProSeries. 

Level 13

Is the partnership's business located in multiple states?

** I'm still a champion... of the world! Even without The Lounge.
Level 5

Horse racing partnership. Managing partner in Kentucky, other partners located throughout. Race earnings in Kentucky, California, Indiana and Louisiana.

0 Cheers