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New Member
posted Jun 3, 2019 1:40:28 PM

Can someone tell me where in enter a NC K-1 on my NC return (for benificary income) ? It was obvious on the fed but I cannot find on State..

0 9 4242
9 Replies
New Member
Jun 3, 2019 1:40:31 PM

In the North Carolina TurboTax interview, there does not seem to be any additional entries for a K1. It all flows from the federal form. This is true for many states.

If you have a specific item that you feel is being omitted, ask in the comment box below and I will help you.

New Member
Jun 3, 2019 1:40:32 PM

Just to make sure I understand your point. Your saying that since I put it into the federal it flows to the state. So I do not need to enter anything from the K1 on the state return.. is that correct ?

New Member
Jun 3, 2019 1:40:34 PM

Correct.

New Member
Jun 3, 2019 1:40:35 PM

Thank you for the quick response !

Returning Member
Mar 27, 2021 2:33:30 PM

I have a form D-407 attached to my K-1, this is for NC Fiduciary Adjustments: Additions & Deductions.

Were can I enter this info, I do not see were to enter either on a Federal or State worksheet.

It is suppose to be on final D-400 Schedule S line 1(additions) and 19 (deductions).

 

Thanks

Expert Alumni
Mar 29, 2021 2:01:59 PM

@chainlink You probably don't need to enter this info in either your Federal or North Carolina return.

 

Click this link for more info on North Carolina Form D-407.

Returning Member
Apr 10, 2021 10:27:08 PM

Hello! Did you find out a concrete answer?  I have the same problem. I can't figure out where to enter my D-407.  Thanks

Returning Member
Apr 11, 2021 5:28:15 AM

What about entering a NC K-1 (Line 2) PPP Loan Forgiveness (for 2020)? This doesn't carry through from the federal K-1, and there's no where to enter the NC information.

New Member
Nov 17, 2021 12:06:26 PM

"If you have a specific item that you feel is being omitted, ask in the comment box below and I will help you."

 

The North Carolina Department of Revenue specifically requested my NC K-1 which was not generated by Turbo Tax.