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?
posted
February 27, 20214:55 PM
last updated
February 27, 20215:48 PM
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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.
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