How I can enter Arizona form 120S Schedule K-1 (NR) info?

[accountspro-harjeet]

I am full year resident Arizona, so not sure if I still need to file AZ form 120S Schedule K-1 (NR)?

[JotikaT2]

Form 120S, Schedule K-1 is actually a pass-through report from an S-Corporation that is included on your tax return.  If you are a full year Arizona resident and are getting an NR form, you may need to make an adjustment on the S-Corporation side to ensure your activity is reported as a Arizona resident in the future.  (If a firm prepares the form, you should reach out to them for a corrected form.)  Do not ignore the form as it does include activity that needs to be reported on your personal return and if it has activity from Arizona sources, you need to report those amounts on your state return as well as your federal return.

In the future, you should only receive an Arizona Form 120S, Schedule K-1 for the period of time where you are an Arizona resident.