Federal-State wages on Schedule K-1 are different
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rpuhalla
Returning Member

Federal-State wages on Schedule K-1 are different

How do I report Schedule K-1 wages on a state tax return when the values are not the same?  Turbo Tax indicates that my state wages are less than my Federal wages.  Do I override the AGI and if so, by how much?

2 Replies
zephyr2u
New Member

Federal-State wages on Schedule K-1 are different

My K-1s also so a distribution of "wages" for all employees, not just the corp. holers W-2 amounts.  I don't understand that?  Why would the K-1 show ALL of the wages when the shareholder's portion was much less.

rpuhalla
Returning Member

Federal-State wages on Schedule K-1 are different

Sorry.  I cannot help you with your question.  I own a partnership with no employees and no W-2s; just Schedule K-1s for my wife and I.  Good Luck.

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