North Carolina K-1 taxes paid

Forum|Forum|4 years ago
July 31, 2022
3 replies
35 views

I have a North Carolina K-1 (D-403) with Line 9 "Nonresident's Share of Net Tax Paid by the Manager of the Partnership" populated.

I entered this in K-1 interview for North Carolina.

However, this amount is not being copied over anywhere into my tax returns, and I can't seem to find any other place to enter this.

Any suggestions on where I can enter this so that my taxes go down by the amount already paid?

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Anonymous_

Level 15

@SteamTrain might be able to help considering familiarity with North Carolina (not sure about the online versions, though).

I will page in your other thread as well.

SteamTrain

Level 15

Sorry Guys, I'm virtually clueless as to how forms K-1 are supposed to work in the federal section, let alone the NC section forms. Too many entries needed on lines I have little-to-no idea what they refer to...after which I have no idea how they all inter-calcualte.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*