I have a federal K-1 for an estate which generated income that I was a part of. I've entered that into Turbotax Home and Business 2023 and that's all good. Along with that, I also received a Wisconsin 2K-1 and it has one adjustment showing.
On the Wisconsin 2K-1, Line 13a. This is listed as State and Local Real Estate Taxes and shows a column c adjustment amount of $374, and then also shows a column d (Amount under Wis Law) of $374. I've been told by the law firm that completed the estate K-1 and 2K-1 that this should be reported as an addition to my income (under Wisconsin law). I believe I would report this in Turbotax under the Wisconsin State Taxes section...Income...Other Taxable Income section - as a positive number ($374). Is that correct?
