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PhilD-ChapelHIll

Question

I have a K-1. NC requires "Partner's Share of North Carolina Income, Adjustments, and Credits". Is this intended to be a percentage or dollar value?

Forum|Forum|3 years ago
April 16, 2022
1 reply
0 views

The partnership does its business outside on NC, but NC is requesting additional information since I live in NC. It is not clear on the form as to whether I am supposed to enter a percentage or dollar value for the field "Partner's Share of North Carolina Income, Adjustments, and Credits"

TurboTax Live Self Employed

Tom in Carolina

Employee

Hey Phil - Go Tar Heels !

I have he same situation.

I received a K-1 + the company does not do business in NC.

What did you wind up doing ?

Deleting the Form ?

Leaving the boxes blank ?

Thanks for your reply,

Tom

That would be a dollar value, not a percentage.

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Bump for additional clarity