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Pennsylvania Partnership Schedule NRK-1 and RK-1 in Lacerte

by Intuit Updated 6 months ago

Use the Pennsylvania Schedule NRK-1 and RK-1 {PA} section of Screen 20.1, Partnership Information, to create an electronic copy of the PA Schedule RK-1/NR-1. Amounts entered here do not impact amounts on the Pennsylvania tax return.

To have amounts flow to the RK-1 or NRK-1:

  1. Navigate to Screen 20, Passthrough K-1's
  2. Select the applicable K-1 type from the upper portion of the left navigational panel:
    • Partnership Information  (Screen 20.1, Partnership Information)
    • S Corporation Information (Screen 20.2, S Corporation Information)
    • Estate or Trust Information (Screen 20.3, Estate or Trust Information)
  3. Scroll down to the section Pennsylvania Schedule NRK-1 and RK-1 (PA)
  4. Locate the subsection Partnership/S-corp/Estate/Trust
  5. Enter a 1, 2, 3, or 4 in the field labeled 1=S-corp, 2=Partnership, 3=estate/trust, 4=LLC as applicable
  6. Enter the following information under the subsection Partnership/S-corp/Estate/Trust:
    • Name 
    • City or post office
    • State
    • Zip Code
    • Federal EIN
    • Account ID (required if S-corp)
Lacerte Tax