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Business & farm
On my personal return, I had a loss on my schedule E from a K1/LLC.
The state of Ohio has a form "IT BUS" that, according to the OH tax website, "records business income reported on IRS schedules B, C, D, E and F as well as any other items of business income and gain separately stated on the federal Schedule K-1, on the federal 4797, and miscellaneous federal income tax adjustments, if any."
The loss I reported on my federal return (from my LLC) was NOT included in my OH return. Why did this happen?
‎October 23, 2019
5:33 AM