State withholding on K-1

[pjoyce523]

This is so frustrating.  In ProSeries the place I am directed to put the withholding from a K-1 is on the tax payments worksheet line 14.  However,  a number cannot be put on that line. It pops up and say the line is automatically calculated and suggest overriding.  However if you override you get another message that says it

won't calculate properly.  Having state income tax withheld on a K-1 is very common.  THERE SHOULD BE A SIMPLE SOLUTION.  It should not be this complicated.

[Just-Lisa-Now-]

Right click in that Box 14 and choose Cross Reference, that should take you to the place to make the actual entry.

[Brother Jack]

What kind of K-1, trust, scorp, or partnership

[pjoyce523]

Partnership.  But it shouldn't make a difference.

[pjoyce523]

That worked.  Thanks.  Much less frustrated now.

[Brother Jack]

it does make a difference.

any state tax withheld from a K-1 is entered on the K-1 input sheet.

In the case of Partnership it is entered on the Sch K-1 Partnership additional info 1

scroll down the page to Code W: Other deductions

Line 5  State income tax withheld               State Name        and amount

If there is more than one State with withholding, it requires a little more creativity but for one State it is easy.

[blakecpa]

So, what do we do when there is state withholding for multiple states (which happens quite often with O&G royalty partnerships)?