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Enter your K-1's in your Federal Return. If New York State taxes were withheld, the info will flow into your NY return.
Type 'k1' in the Search area, then click on 'Jump to k1'.
Click this link for instructions on How to Enter a K-1.
So to be clear, TurboTax asks, "Enter income taxes paid through a K1 ..."
The TT question is referring to withheld or estimated taxes paid?
My perspective is that I'm using TT to figure out what the income taxes are, so how can I answer this question... I'm sure that I'm misunderstanding what TT is asking for, but you can hopefully see my confusion.
Addition:
I have no idea what the difference between the NY questions on "taxes paid through a partnership or s corp" versus "s corp shareholder adjustments"(?) This latter question asks for "Your share of taxes" ... again, how do I know that? That's what TT is supposed to tell me! I know the share of earnings...
Thanks,
Michael
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