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Investors & landlords
Hi, my K-1 shows two entities under Line 20 Z, but one of the two entities shows $0 for every line item; I'm assuming I don't need to enter this information. The 2nd entity show some data on two line items (see below). I'm assuming I would have to add these numbers (-$11 and 287). Does this mean I only file one K-1 line entry for this in the "Enter Box 20" info (2nd image below in turbotax online) ?
Also,
I see this note that lists several states with activity. Do I need to file a separate state tax filing for each of the states below?
March 18, 2023
7:16 PM