I have schedule C CASH income, how to set its multi income source states
I am reporting income on schedule C. I have cash income of $1000 from state A, $2000 from state B, but how to set the TWO income state code.
I am reporting income on schedule C. I have cash income of $1000 from state A, $2000 from state B, but how to set the TWO income state code.
You have to do that manually. There is nowhere in the federal section of TurboTax (TT) to break down your income by state.
When you get to each of the state programs, you will be asked to designate how much of your Schedule C income is allocated to that state.
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