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Limited to 3 state withholdings entered? How to enter more?

Forum|Forum|5 years ago
October 3, 2020
2 replies
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A K-1 came attached with income from a number of states, all of I opted in for withholding. I'm trying to enter these withheld amounts into the federal return but it seems to only allow for 3 state withholdings to be entered, and then the ' Add another' button disappears. I have a whole bunch more -- and I'm on Turbotax Premier. Is this supposed to get entered somewhere else? Am I supposed to upgrade again?

TurboTax Premier Online

Best answer by Anonymous_

On a test return using TurboTax Home & Business, I do not have an issue entering estimated taxes for multiple states (see screenshot). Where are you entering the data?

2.png

Also note that the total of your state and local taxes paid (combined for income, sales, property tax) on Schedule A is limited to $10,000.

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Anonymous_

Employee

It is not clear as to the entity that issued your K-1, but it appears as if it would be a partnership or multi-member LLC.

If that is the case, did the entity file a composite return? Some partnerships/LLCs file composite returns, and pay state income tax, so that their partners/members do not have to file returns in each state in which the entities do business.

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waddaviAuthor

There was indeed a composite and that’ll save me from most of the state filings though a few states don’t do composites. I needed to find a way to enter the withheld amounts so the TT system credits me for the deduction. I popped them in under estimated payments for now but it seems like the TT software is hardcapping the additional withholdings for state taxes to 3 entries.

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Anonymous_

Employee

On a test return using TurboTax Home & Business, I do not have an issue entering estimated taxes for multiple states (see screenshot). Where are you entering the data?

2.png

F

Fremont55

Last year, I entered a state withholding amount, using the estimated tax as the entering point in TT, in my California tax return, to get around the problem cited in the original question. It was rejected by the Calif tax authority, the Franchise Tax Board. So please don't tell your users to use the estimated tax platform for withholding state tax. TT should get your act together, by adding more data points in your software for state withholding amounts. Say up to 25 states (there are a total of 50 states). This is a easy fix for Intuit. We pay more money for the premier version, so provide more service. This is a common problem for people with Schedule K-1 reports.