Entering Illinois pass-through withholding payments for a 1040 in Lacerte

Select the appropriate type of K-1 below for steps to enter the pass-through withholding.

Table of contents:

Entering withholding from a Partnership K-1

To enter pass-through withholding payments from a Partnership K-1:

1. Go to Screen 20, Passthrough K-1's.
2. Click on Partnership Information form the left navigation panel.
3. Select the Partnership activity.
4. Scroll down to the Line 15 - Credits and Withholding section.
5. Enter the amount in, Credit for state estimates/withholding paid on or before 12/31/XX.

If e-filing complete the following in addition to the above steps:

1. Scroll down to the Illinois Schedule K-1-P (EF only) [IL] section.
2. Enter the Share percentage (XX.XXXX) (MANDATORY).
3. Scroll down to the Illinois Partner Share of IL Credits, Recaptures and Payments (EF only) [IL] section.
4. Enter the amount in, Pass through withholding.

Back to Table of Contents

Entering withholding from a S-Corporate K-1

To enter pass-through withholding payments from a S-Corporate K-1:

1. Go to Screen 20, Passthrough K-1's.
2. Click on S-Corporation Information form the left navigation panel.
3. Select the S-Corporation activity.
4. Scroll down to the Line 13 - Credits and Withholding section.
5. Enter the amount in, Credit for state estimates/withholding paid on or before 12/31/XX.

If e-filing complete the following in addition to the above steps:

1. Scroll down to the Illinois Schedule K-1-P (EF only) [IL] section.
2. Enter the Share percentage (XX.XXXX) (MANDATORY).
3. Scroll down to the Illinois Shareholder Share of IL Credits, Recaptures and Payments (EF only) [IL] section.
4. Enter the amount in, Pass-through entity payment.

Back to Table of Contents

Entering withholding from a Fiduciary K-1

To enter pass-through withholding payments from a Fiduciary K-1:

1. Go to Screen 20, Passthrough K-1's.
2. Click on Estate or Trust Information form the left navigation panel.
3. Select the Estate or Trust activity.
4. Scroll down to the Line 13 - Credits section.
5. Enter the amount in, Credit for state estimates/withholding paid on or before 12/31/XX.

If e-filing complete the following in addition to the above steps:

1. Scroll down to the Illinois Schedule K-1-T (EF only) [IL] section.
2. Enter a 1 or 2 in, 1 = trust, 2 = estate (MANDATORY).
3. Scroll down to the Illinois Beneficiary Share of Entity Payments (EF only) [IL] section.
4. Enter the amount in, Passthrough withholding payments.

Back to Table of Contents