Question

How do I file multiple states for which I received K1s, when using premier product?

Forum|Forum|4 years ago
December 27, 2021
1 reply
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2020 TT desktop premier, allowed only e-filing max of 3 other states (as non-resident) along with my own state.

TurboTax Live Premier Online

Normally you only file in your resident state ... the chart in the K-1 shows all the figures you would use in your state not that you have to file in all of them. I have seen breakdown charts for as many as 23 states ... it is absurd that you would possibly need to file 23 state returns.

S

snz328Author

Thank you for your reply.
To clarify, the investment property I have is in a different state and I get K1s. I think I need to file the returns as a non-resident of that state. My question is how do handle investment properties in more than 5+ states excluding your resident state. TIA

DanielV01

Employee

You would need to use the CD/Desktop version, which will allow you to e-file three states, but paper-file unlimited states. Keep in mind that you may receive one state download for free, but there will be a charge for additional state downloads. TurboTax Online can handle a maximum of 5 state returns.

And because of how complicated this can get, you may be well served seeing a tax professional who is well-qualified with multi-state returns.

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