Pass Through Entity
sharonike
Returning Member

Pass Through Entity

My Schedule K-1 is entered on form 1065.   Is this income eligible as a pass-through entity?

Anonymous
Not applicable
Anonymous
Not applicable

Business & farm

if a partnership receives a k-1 from another entity  income and expenses reported retain their character when passed through to the partners. 

sharonike
Returning Member

Business & farm

I didn't understand your answer.

Do I consider the income shown on line 2 of my Form 1065 to be listed as a pass-through entity for the State of Ohio taxes??

Irene2805
Expert Alumni

Business & farm

Yes - Partnerships, S-Corps, and Trusts/Estates are all considered pass-through entities.

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