PA residentt credit

Forum|Forum|2 years ago
March 26, 2024
1 reply
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I have an S-Corp which paid taxes to other states. am a resident of Pennsylvania. I have completed the input for the PA Schedule G/L but no credit has appeared on the PA-40. Reviewed the input from the 2022 return on TurboTax and it is identical. Are there any suggestions about a solution?

PatriciaV

Employee

Please review your entries to be sure you entered the amount of tax paid on federal Schedule K-1 Box 12 Code ZZ and also added this amount to the Additional Information worksheet Box 12 Line 3, choosing State ID of "PA."

On the Tax Payment Worksheet, this amount should appear on Line 13 as "Other state tax withholding." The total tax withheld appears on PA-40 Line 13.

Note that the IRS made extensive changes to the coding on Schedule K-1. Entries for tax year 2023 will not be the same as those in the past.

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