South Carolina Adjustments to Federal Income

The software should be doing the calculating.  Column A on the form would be a given, based on the Federal Return. Column B would be calculated by the tax program based on state to federal treatment differences. For example, some states do not allow depreciation, so that would be added back. Columns D and E are both inputs made based on what was earned or generated in South Carolina as opposed to the remaining states. You would need to know how much of the income was attributed to activity in South Carolina as opposed to say, Georgia.

The last column is based on the partner's percentage of ownership.