Iowa non-resident return - help needed

I am a NE resident but my wife received two K-1's from Iowa. One was related to an estate and the other was related to a farm trust. When I went to the TT Iowa return TT had transferred all kinds of data to the Iowa return like interest, dividends, W-2's, etc. I believe all I need is to enter is the K-1 info for the Iowa return, right? How do I clear the forms and start fresh? Where to I enter the K-1 information? For Federal, we file a married joint return. Since the income is assigned to my wife, what filing status should I use? We did not reside in Iowa for any time.

Thanks,

Gary

324

Expert Alumni

Mar 10, 2020 9:35:04 AM

Iowa will show all your income, but on IA 126 will split out the Iowa Source income and only tax you on the Iowa Source income. Nebraska will tax you on your total income, but on Schedule III give you credit for tax paid to Iowa.

You will enter the K-1's in the federal portion on the return under income.

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Iowa non-resident return - help needed