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Business & farm
There is a workaround for this and it is simple. Go back to the 1041 K-1 information page, click the box that shows income in boxes 1-5 and when the income items appear put a "1" in interest. That will open the Estate K-1 area in the PA return area. The following steps should be followed after placing the 1 in the interest line on the Federal K-1 input:
- On the left side click on your state returns
- If PA is the only state listed click on Edit or Continue, whichever shows
- Click continue at the "Your Pennsylvania Return"
- Click on Update at the Income and Adjustments line (second line)
- Continue clicking Done or Continue until you reach the Income from Estates and Trusts page, place a checkmark in the yes box and click Continue
- Enter the information needed on the Pennsylvania Income (if different from Federal), click you received an RK-1 and click continue
- Click Done and continue answering the continuing questions until you arrive back at the You've Finished screen.
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‎February 8, 2023
9:29 AM