Missouri State Form

Forum|Forum|4 years ago
February 12, 2022
1 reply
1 view

The K-1 is entered under my wife on the Federal Form.

The K-1 amount is in the spouse column on Form MO-1040 Adjusted Gross Income Worksheet. Which is correct.

It is in the Taxpayer Column on MO_CR Credit for taxes paid to other states. On that form it is not able to be changed. I can enter it under spouse but can not remove it from taxpayer.

How do I correct this?

JamesG1

Level 15

You need to correct the K-1 on the Federal tax return. Then it will flow correctly to the state tax return.

At Federal / Wages & Income / S-corps, Partnerships and Trusts / Schedule K-1, click Edit/Add.

At the screen K-1 Summary, click Edit.

At the screen Is This Information Correct?, click No.

At the screen Enter Identification Information, you you are allowed to designate which spouse owns the K-1.

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rhmarwAuthor

Level 2

I can't seem to get this across. The K-1 is entered correctly in the Federal Section, it is correctly under spouse in all of the forms. It is correctly under spouse on one of the Missouri Forms, Adjusted Gross Income Worksheet. It is wrong under the Missouri Form Taxes Paid to other States.