MarilynG
Expert Alumni

State tax filing

There are some types of partnership income that may be excluded in Massachusetts, so TurboTax asks the question if you have a partnership.  

 

The program doesn't know if you qualify for any exclusions; you may need to contact your State DOR, although TurboTax may ask about specific state credits in the interview. 

 

If you entered a K-1, remember that info can be reported in several places in a tax return. 

 

For example:

 

According to the mass.gov website:  forgiven PPP loans are not taxable for personal income taxpayers, including unincorporated businesses reporting income and expenses on Schedule C, partners in a partnership, and individual shareholders of an S corporation. 

 

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