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Level 1
posted Mar 5, 2022 11:10:42 AM

PA Schedule RK-1

Good afternoon,

 

I am trying to add the RK-1 form to my PA tax return.  I have already entered the K-1 on my federal form.  The amount that is on line 6 of the RK-1 does not appear on form K-1 and the amount that is on line 11A from K-1 is not on form RK-1.

I have entered all the information for federal for the K-1 and I do not see the RK-1 appearing anywhere on the PA form.  Any assistance would be very appreciated!

0 7 1913
1 Best answer
Expert Alumni
Mar 8, 2022 4:50:37 PM

TurboTax has a section in Pennsylvania to enter income from an estate and trust.

  1. In CD/Download, go to Income from Estates and Trusts
  2. Say Yes to Do you want to work on your income from estates and trusts?
  3. If you entered a Form 1041 Schedule K-1 in federal, you will see Estates and Trusts Summary
  4. Select Edit next to your estate
  5. On Estate –PA Income, adjust the PA amount if different from federal and check the box I received a PA Schedule RK-1/NRK-1 for this estate or trust

7 Replies
Employee Tax Expert
Mar 8, 2022 6:50:06 AM

Partnerships and S corporations use PA Schedule RK-1 to report income and losses by class of income to each of its resident owners.

Please check the link below for instructions on how to add PA RK-1:

ttlc.intuit.com

 

Level 1
Mar 8, 2022 9:34:17 AM

Hello

 

thank you for your response. The RK-1 is from an estate. I only have the regular personal tax turbo tax advantage software. I do not see the k-1 section in state as the link mentions. Do I need a different version?  I enter the portion for federal fir K-1. 

thanks

 

Chris

Expert Alumni
Mar 8, 2022 4:50:37 PM

TurboTax has a section in Pennsylvania to enter income from an estate and trust.

  1. In CD/Download, go to Income from Estates and Trusts
  2. Say Yes to Do you want to work on your income from estates and trusts?
  3. If you entered a Form 1041 Schedule K-1 in federal, you will see Estates and Trusts Summary
  4. Select Edit next to your estate
  5. On Estate –PA Income, adjust the PA amount if different from federal and check the box I received a PA Schedule RK-1/NRK-1 for this estate or trust

Level 1
Mar 12, 2022 8:57:05 AM

I am still not seeing RK-1 come up for me for state.  I have the Deluxe version.  Do I need the Business version?

I have entered the K-1 in Federal and do not see anywhere to add the state information.

 

Thanks you

Level 1
Mar 12, 2022 2:24:30 PM

I finally was able to see the entry for RK-1.  I am not sure what I did different except start over from Federal and go thru to the state.  Thank you for your help

New Member
Mar 28, 2022 11:22:46 AM

I am trying to enter information for PA Schedule RK-1 and PA-41 K-1 Supplement. I am in the PA Turbo Tax file looking under "Income and Adjustments" but do not see any reference to the Estates and Trust Summary section you mention below. How do I navigate to the  Estates and Trust Summary?

Expert Alumni
Apr 1, 2022 4:09:49 PM

Have you entered a federal K-1 @SGW3? You will not see the screen if you did not enter any federal information.

 

In other cases, the screen may not be needed if your estate only has certain types of income such as interest and dividends.