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March 31, 2023
Question

When I enter my Indiana K-1, it creates an error on Schedule IN-W (offsetting negative state tax withholding). I re-entered K-1. Same result. How do I get this fixed?

  • March 31, 2023
  • 1 reply
  • 0 views
The K-1 is from an Indiana S-Corp, which shows withholding for state tax already paid for 2022.  The TurboTax software offsets the amount entered from the K-1 with a negative offsetting entry, then flags it as an error, when I check my state tax return.

1 reply

March 31, 2023

It would be helpful to have a TurboTax token.  The token provides a sanitized version of your return.  We will be able to see the numbers but not any personal information such as your name, SSN, or address.  

 

If you would like to do this, here are the instructions: 

 

In TurboTax Online, go to the black panel on the left side of your program and select Tax Tools. 

  1. Then select Tools below Tax Tools. 
  2. A window will pop up which says Tools Center.  
  3. On this screen, select Share my file with Agent. 
  4. You will see a message explaining what the diagnostic copy is.  Click okay through this screen, and you will get a Token number. 

In TurboTax CD/Download versions, go to the black panel on your screen and select Online. 

  1. Scroll down and select Send tax file to Agent. 
  2. You will see a message explaining what the diagnostic copy is.  Click send through this screen, and you will get a Token number. 

Reply to this thread with your Token number. 

 

We will then be able to see precisely what you are seeing, and we can determine what exactly is going on in your return and provide you with a resolution.

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jdragooAuthor
March 31, 2023

Token number 1111501

April 2, 2023

It appears the state withholdings are being duplicated in the state return under K-1.   To fix this error, follow these steps in TurboTax Desktop:

 

  1.  Click Forms in the upper right-hand corner
  2. Scroll down to Indiana Forms and click on SCH IN K-1 Worksheet
  3. Scroll down to line 11 and delete the entry

@jdragoo 

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