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Business & farm
I have an identical situation as well, and I live in Colorado. I've been told I might be able to adjust the state income tax downward on my inheritance since the Trust I inherited was in Texas. My parents lived in Texas all their lives. Does anyone know about a Colorado adjustment on the Schedule K-1 Form 1041, with income only on line 5.
‎June 7, 2019
3:38 PM