I received a K-1 for 2019 and the company that I work for filed a composite return to individual states like California, New York, Massachusetts and many others. The amounts are relatively small. For example, $176 was paid on my behalf to California.
I did get a "Resident and Nonresident Withholding Tax Statement" for my records. It's CA form 592-B.
It shows my "Total income subject to withholding" as 1429.
I'm not sure where I enter this information. I see a screen that says:
"Out-of-State Income or Losses"
If I click Yes on that screen, there's several dropdowns and I can enter California with an income of 1429. When I hit Continue, this does increase my Oklahoma State refund.
Is that the proper place to enter the information?
If I proceed on the state return, I eventually hit a screen that says "Pay Taxes to Another State". If I click yes, I can enter California & then it asks for the following:
Wages, Salaries, Tips
Self-Employment Income
Gambling Income
Since I'm receiving a Schedule K-1 due to Distributions that I received in 2019, would I enter the 1429 here instead?
Alternatively, is there somewhere on the Federal part of the return where I could have entered this information where it would have been automatically carried over to the proper place on the state return?
Thanks!
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One way to enter the state tax paid on your behalf by the K-1 entity is to use the path Federal>>Deductions & Credits>>Estimates and Other Taxes Paid>>Other Income Taxes>>Other Taxes Paid in 2019>>Withholding not already entered on a W-2 or 1099. Enter the amount paid here for each state, and designate the state in the drop-down box.
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