turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Guaranteed payment not transferring from Fed to PA state return correctly

I have an LLC (form 1065) with 3 partners, with 1 partner receiving a guaranteed payment for services rendered.  When entering in deductions in TurboTax Business I'm allocating by amount all of the payment to 1 partner.  The federal schedule K is correct; however, when the payment is transferred to the state return (PA) it's allocating the guaranteed payment to the state schedule PA RK-1 based on the profit percentage instead of the allocation by amount.  I don't see where this can be corrected.  Previously a tax accountant did our returns and applied it all to that 1 partner. How can I get the state to correctly allocate the guaranteed payment?

My token is 1209116

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies