Thanks for the response... However, I feel like I am still lost.
I am doing a part-year resident NC state tax return. When calculating the proportion of my NC source income, I don't see a space to put in K-1 retirement deductions. The Turbotax software transfers the K-1 earnings to the NC state forms, but does not subtract deductions for 401k, 401k match, and profit sharing. Thus, the proportion of my NC state source income is calculated with the K-1 deductions still added in both the numerator and denominator, which affects the percentage by about 7%.
