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Level 5
October 17, 2022
Solved

How do I enter CA Source Income from a K-1

  • October 17, 2022
  • 1 reply
  • 7 views

I am a non-resident of California. In entering my California k-1 income, Turbo Tax only asks you to enter the federal number based on California law.  It never asks for the California sourced income.  For example, if my federal loss is $10,000 and my Federal loss based on California law is $11,000 and my CA sourced income is $1,200, TurboTax picks up the $11,000 amount.  When entering the k-1 items, it asks you to enter only numbers that are different from the Federal numbers. (not the CA sourced amount).   As a result, TurboTax is calculating my current year CA loss incorrectly and this is putting an incorrect number on CA 3801 that carries forward these losses.  I tried to manually enter the correct amount of CA source loss on the worksheet for 3801 but TurboTax will not let me enter a number manually.  How do I get TurboTax to correctly recognize my current year, CA sourced k-1 loss rather than the Federal amount adjusted for CA law?

    Best answer by Anonymous_

    You may have to do an override, but contact Support first.

     

    What is the TurboTax phone number? (intuit.com)

    1 reply

    Level 15
    October 17, 2022

    You may have to do an override, but contact Support first.

     

    What is the TurboTax phone number? (intuit.com)