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April 15, 2024
Question

Is it possible to apply income from a K-1 to a state other than state of residence after mostly completing a tax return or does this require a full start-over? Home+Busin

  • April 15, 2024
  • 1 reply
  • 0 views
I'm using TurboTax Home & Business 2023.

1 reply

PatriciaV
Employee
April 16, 2024

You should be able to adjust the income reported to each State under the business income topic of that state interview. The location/address on the K-1 isn't considered for state tax purposes. You need to tell a non-resident state whether that pass-through income was sourced in their state.

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