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PA - 65 RETURN LINE #12

Andy32
Level 1

 

I have a PA Resident Client who sold his Rental Property in New Jersey.

He has a registered PA Partnership and files a PA Partnership Return.

My question is he had an $80,000 Gain (Form 4797) on the Sale and the Program is recording the gain 

on PA-65 line 12 as a Nontaxable/Nonreportable Income. The Federal 1065 handled it correctly.

This is affecting the PA K1 also.

I spoke with Intuit support, and they did not have any answers

 

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1 Comment 1
George4Tacks
Level 15

@Andy32 did you resolve this? Did the partnership file a NJ-1065? I believe that NJ income would show up on the K-1 from the PA partnership doing business in NJ. 


Answers are easy. Questions are hard!
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