For Virginia return: K-1 / Form 1041 - where do I enter the Virginia Fiduciary Adjustment

dave4carter · ‎February 22, 2020

AnnetteB6 · ‎March 3, 2020

When going through the Income section of the Virginia tax return, there will a line item for Other Additions to Federal income and Other Subtractions from Federal income.

Choosing the Other Additions to Federal income will allow you to enter an amount and description that is not included in the Federal Adjusted Gross Income that is taxable to Virginia.

Choosing the Other Subtractions to Federal income will allow you to enter an amount and description that is included in the Federal Adjusted Gross Income which is not taxable in Virginia.

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View solution in original post

AnnetteB6 · ‎March 3, 2020

When going through the Income section of the Virginia tax return, there will a line item for Other Additions to Federal income and Other Subtractions from Federal income.

Choosing the Other Additions to Federal income will allow you to enter an amount and description that is not included in the Federal Adjusted Gross Income that is taxable to Virginia.

Choosing the Other Subtractions to Federal income will allow you to enter an amount and description that is included in the Federal Adjusted Gross Income which is not taxable in Virginia.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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For Virginia return: K-1 / Form 1041 - where do I enter the Virginia Fiduciary Adjustment