Question

How should I handle the pass through entity name and FEIN # question on my Oklahoma return for a sold rental property?

Forum|Forum|6 years ago
March 15, 2020
1 reply
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TurboTax Live Self Employed

Enter it as received and reported on the Federal return.

Please see the 2019 Oklahoma Form 511 Individual Income Tax Packet for more details, beginning on page 14. Since your Rental Property was reported as a pass-through, note:

What's New in the 2019 Oklahoma Tax Packet?

Members of an electing pass-through entity may exclude the Oklahoma income (loss) covered by the election pursuant to the provisions of the Pass-Through Entity Act of 2019.

See the instructions for Schedule 511-A, line 14 on page 15 or Schedule 511-B, line 7 on page 16.

H

HITEFAM

I received the same error message for Oklahoma return, however, we don't have a pass-through entity or schedule K-1.

T

ThomasM125

You should look at your forms to see if a schedule K-1 is listed there, it may have come over from a previous year. If so, you can delete it as follows:

1. Find the Tax Tools option on your left menu bar and click on it

2. Click on Tools

3. Find Delete a Form and click on it

4. Look for sch K-1 in the list of forms and click on the option to delete it

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