Hmm.... I use Turbotax Business to generate my K-1 and State K-1. They didn't ask for anything other than Fed Gross Revenue and Gross Revenue earned in new state. I'm not even sure what tangible property is, but there is no mention of it on any of the K-1s that are generated. (I'm just a sales biz with a home office, so no inventory or anything...)
I suppose they have my wage data, but my wages would already have state taxes taken out when I lived in the new state so I don't know how or why those would factor in. I really just wish I could find the North Carolina government instructions that talk about how you apportion S-corp income to a state you just moved to.
