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March 29, 2025
Question

Pass Through Entity Tax Indiana

  • March 29, 2025
  • 1 reply
  • 0 views

I received an Indiana K-1 with a Pass Through Entity Tax on line 10, $6500. Line 11, the IN State Tax Withheld is 0, none. 

However, on page 2, Part 4, line 1. for "State income taxes deducted," there is a value of $6,000. 

What is the difference between the IN state tax withheld of zero and the state income taxes deducted of $6,000?

How is this handled in turbotax?

Thank you!

    1 reply

    AmyC
    Employee
    April 3, 2025

    The program will use whatever numbers you enter. Contact the issuer of the k-1 to clarify what taxes were actually paid. Taxes withheld should be taxes paid.

     

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