topic What information on CA schedule k-1 (568) should be used on California individual tax return (540)? in State tax filing

What information on CA schedule k-1 (568) should be used on California individual tax return (540)?

qianyiwen — Sat, 01 Jun 2019 00:42:33 GMT

Do you have a matching federal 1065 K-1?

TerryA — Sat, 01 Jun 2019 00:42:34 GMT

Do you have a matching federal 1065 K-1?

Yes, I have.

zefei-xuan — Sat, 01 Jun 2019 00:42:35 GMT

Yes, I have.

Normally, it works like this: You enter the Federal K-1...

SweetieJean — Sat, 01 Jun 2019 00:42:35 GMT

Normally, it works like this: You enter the Federal K-1 in the Federal taxes tab. Then, when you get to the State return, the program asks you if you got a State K-1, and then guides you through the process.

In TT/Calif, use the partnership K-1 worksheet to enter a...

TerryA — Sat, 01 Jun 2019 00:42:40 GMT

In TT/Calif, use the partnership K-1 worksheet to enter any Calif amount that is different from the corresponding federal amount. If all the amounts are the same for Calif then you don't have to do anything.

I was request to file an individual tax return for 2013 f...

zefei-xuan — Sat, 01 Jun 2019 00:42:41 GMT

I was request to file an individual tax return for 2013 from California franchise tax board, since the board has got the partnership return but not the partner's individual one. I did not have any other income source so I left the tax return undone in 2013. Can I file back my 2013 personal tax return online using Turbotax products? And which product is best for me (married filing separately, some bank interest income, no w-2, be a partner in a partnership, no other investments, no rental income, etc) ?

Re: What information on CA schedule k-1 (568) should be used on California individual tax return (540)?

ebrown009 — Tue, 12 Oct 2021 07:06:07 GMT

TT is absolute garbage if you have a CA schedule K-1. They shouldn't be charging $45 for a CA download when the ability to input a CA K-1 and prepare my CA individual return is impossible. I hate TT.

Re: What information on CA schedule k-1 (568) should be used on California individual tax return (540)?

Pazzy — Mon, 17 Oct 2022 23:13:06 GMT

I have the same problem. TT just has 2 columns (Federal and California), but my California K-1 (568) form has 4 columns (b), (c), (d) and (e). I don't know which one to use (is it the adjustments, or the Federal amount using California Law or the California Source Amounts?