Could someone help me to deduct that credit from the California State return. I cannot find it where to enter it. Any advise is appreciated.
Greatly,
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The 1041 K-1 worksheet should have an input for Line 14a and then you choose the state down below that line.....or does Basic not have a 1041 K-1 worksheet? You shouldnt need to make any adjustment in the 541 within the state program, it should be handled properly by entering it on the federal...assuming Basic works similar to Professional.
Lisa thank you for taking the time to help. I completed the 1041 K-1 but only the k-1 541 is the one that shows item 14a columns (c) 3,389.00 (d)3,389.00 and (d)3,389.00 not the 1041 K-1.
My question is if in the K-1 (541) item 14a showings the columns how do we report that? Your input is much appreciated. Greatly, Silvia
Lisa:
Sorry to bother you I went to the 1041 (K-1) is blank line 14a I entered the amount for the state and it says it is not what your 1041 (K-1) says on basic proseries
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