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How do I allocate a S-Corp K1 entered on a 1040 to multiple states in Proseries

dbarr
Level 1
 
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3 Comments 3
Just-Lisa-Now-
Level 15
Level 15
The TP lived in different states? or the 1120S income is from different states?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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dbarr
Level 1

The 1120 S income was multistate.

 

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JRC
Level 8

First Install the State Software for each Non_Resident state

Select each for filing electronically

In the Federal Information Worksheet at bottom add each Nonresident State and Select the Box for each to file

Quickzoom to the Nonresident State Allocation Worksheet

Allocate the Federal Amounts to each state.

PS: If the S-corp paid the State Taxes for the shareholders at the Entity level. Forget What I told you to do above.