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Get your taxes done using TurboTax
Exactly - we've gotten that far, and included the K-1 in our federal.
Turbotax software seemed to expect there was some personal (not Estate) tax liability in Colorado even though the 'income' was solely realized in Minnesota...
I'm checking with this forum to get confirmation that the only state due 'income tax' on this distribution is the state where the recipient resides (Minnesota), and NOT where the estate distributed the money (Colorado).
If anyone sees any personal income tax liability in Colorado from this distribution, please let us know!
Thanks again.
‎April 10, 2022
2:58 PM