The Indiana Sch IN K-1 is where we input the PTET credit for owners. We preparers have been informed by Ind Dept of Rev that the Sch IN K-1 Wks must be submitted with the IT-40 in order for taxpayers to get credit for their PTET payments. Since were are paper-filing IT-40s with PTET credit (per IDR request), I printed the filing copy of the IT-40 and discovered that the Sch IN K-1 Wks' did not print. It occurred to me that those forms may not be being submitted with an electronically filed return, also. REQUEST 1. Make the Sch IN K-1 Wks a part of the "Filing Copy" as well as the "Preparer's Copy" and Taxpayer's Copy," when printing a hard copy. REQUEST 2. Verify the Sch IN K-1 Wks gets submitted on an electronically filed IT-40. Thanks
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.