after filling the federal income tax, does the state tax takes its information from the federal, or I have to reenter it separately

Forum|Forum|2 years ago
March 20, 2024
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Hi,

I entered the federal condo rental income. I was wondering if the Turbo tax home and business will propagate this information to the state of illinois, or I have to reenter this information the state income tax.

Best...

Tarek

Best answer by DMarkM1

I did that. Going through the interview on Turbo tax home and business, I got this page,

Illinois Part year, and nonresidents. on this page

Allocate your federal income to illinois

Divident income

Business income or loss

Capital gain or loss

Rents, Royalties, and K-1 income

Unemployment compensation.

which category of these, I use for my rental income? Should I use the Rents, Royalties, and K-1 income category and put my net income? please let me know.

Best...

Yes, allocate the net Schedule E income shown on your federal return, which would include your rental income, using the "Rent, Royalty, K-1" category in the IL interview.

PaulaM

Employee

There may be state specific items that you will need to complete, but most states begin with the federal adjusted gross income which will have your condo rental income accounted for.

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