Schedule K-1 Line 13 has two Credits for Estimated Taxes, $2203 and $842, totaling $3045. Both have code 'A' although the $2203 was Federal withholding, and the $842 was MN State withholding.
The Tax Payment Worksheet seems to count these credits twice. Am I missing something?
Line 7 - Credits by Estates and Trusts - shows $3045 which is then included in Line 8. Note that not all of the $3045 was intended to be Federal, but the entire $3045 is shown under the Federal column. If I double click on the $3045 it tells me the source is the K-1, and I presume it is Line 13.
Then Line 18a shows Other Withholding $2203 correctly under Federal, $842 correctly under State (MN).
Line 20 Total Tax Payments appears to be overstating my Federal payments by $3045. I am wondering if I should manually zero out Line 7 to fix this?
