For PA Partnership return, every owner is a PA based. Why do I get a PA K-1 and a NRK-1 for the same owner?
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Hi mewmaster,
ProSeries calculates the Pennsylvania partnership following the government instructions for PA-20S/PA-65 Schedules RK-1 and NRK-1:
"NOTE: An entity that is the owner of another entity receives both the PA-20S/PA-65 Schedule RK-1 and NRK-1."
Hope this helps.
jimst
Which one should be used on the return. A PA Based partnership return with a Pa based partner that is a sub s and the return includes the NRK- 1 not the RK- 1
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