Did your NY K-1 Equivalent give any indication of the nature of the additions? [You'll need to indicate a code number on the IT-225 for the entry.] Is your K-1 from a partnership or an S-Corp?
To enter the additions, please follow these steps:
- As you go through your NY return, on the Changes to Federal Income screen, scroll down to the Pass-through Adjustments section.
- Click the Start/Update box next to the appropriate item:
- Taxes paid through a partnership or S corp; or
- S corporation shareholder adjustments.
If you don't know the type of addition and are using the CD/Download version of TurboTax, you can browse through the selections and enter the figures in Forms Mode:
- Go into Forms Mode by clicking on the Forms icon in the top right of the blue bar.
- In the Forms in My Return list on the left, in the New York section, click Add/Sub(225) -- the Additions and Subtractions statement for the IT-225.
- Enter the amount on the appropriate line. The partnership and S-Corp items start with A-301
- To return to the interview, click on the Step-By-Step icon in the top right of the blue bar.
