How do I enter the MA 63-D entity tax payment on the federal return

[Steve Hocheiser]

I am trying to figure out how to enter the entity level tax paid under the 63-D election in Massachusetts for an S corp on to the individual federal return. I have read the material available and entered the data on section 4 of the CMS form in Proseries for the individual. This reduces the MA tax but does not transfer to the federal return. 

[sjrcpa]

Hasn't it already been deducted to arrive at K-1 Line 1 income?

[Steve Hocheiser]

It has not. The federal taxable income and tax has not changed. Am I missing something on the entity side?

[Steve Hocheiser]

The value on the K-1 is unchanged. Is there somewhere I need to hit a checkbox?

[sjrcpa]

I don't use ProSeries but I imagine you'd enter it in the 1120S the same place you enter any other deductible taxes.

[Terry53029]

On the 1120S page 1-2 use the taxes and license smart worksheet to enter deductible state taxes 

[Steve Hocheiser]

Thank you to both who replied to my messages. I sometimes tend to chase my tail and over complicate things. You are both right. A simple T account illustrated the point. Thank you for taking the time to reply. Hopefully I can reciprocate in the future.

[sjrcpa]

You're welcome.

[Terry53029]

Glad to help Steve