sylvatica
Returning Member

State tax filing

Thank you for your quick response.  I need to clarify my 2nd & 3rd question.  

 

As a resident of PA, I assume I have to include the capital gains from the K-1 on my PA return.  My federal K-1 shows 914.  And the DE K-1 shows 2939.  For the PA return, do I want to use the amount that Turbo Tax brought over from my Federal return ($914) or do I want to use the $2939 that is on the Delaware K-1.  (There is no PA K-1 since this trust was in Delaware).  

 

I have no other estate or trust income other than this one capital gains from Delaware.  Am I right to assume that I need to include this on my PA return?  (just not sure which amount to use .... the federal $914 or the Delaware $2939 .... I have no idea why they are different numbers but that is what shows on the two K-1s)

 

Thanks so much for your help!