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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!