June 5, 2019 4:05 PM
last updated June 05, 2019 4:05 PM
The LLC tax accountant has provided a Federal Form 1065 (Schedule K-1) which I have entered into the Federal section of TurboTax. They also provided a Colorado Form 106 (Schedule K-1 equivalent) which I have used to fill out a Colorado Non-Resident form within TurboTax. My question is, since these earnings are being reported to CO and I have not been provided with a California K-1 form, should I zero out the CA entries that TurboTax has auto-populated based on my Federal entries? For reference, I've done it both ways and it's not affecting my CA taxes due. I just want to make sure I do the right thing in terms of reporting.
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