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Level 1
March 5, 2020

Ma Non Resident Subchapter S allocation

The Sub S owns one rental property in Ma and the balance in NY.

The MA property reflects a loss, however the Ma allocation seems to show an

allocation reflecting a profit. Is this correct or is there a way to properly reflect a loss in Ma and flow to the K-1.  Also is the Ma minimum tax not pro-rated irrespective of days of doing business in Ma.

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