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New Member

I've entered K-1 income for SC in the SC interview form, but it does not recognize that I have any SC income for active trade or business income. What am i missing?

 
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Level 15

I've entered K-1 income for SC in the SC interview form, but it does not recognize that I have any SC income for active trade or business income. What am i missing?

Contact TurboTax support and speak directly with a TurboTax support agent concerning this situation.

See this TurboTax support FAQ for a contact link and hours of operation -https://ttlc.intuit.com/questions/1899263-what-is-the-turbotax-phone-number

 

Support can also be reached during business hours by messaging them on these pages https://www.facebook.com/turbotax/ and https://twitter.com/TeamTurboTax

Level 15

I've entered K-1 income for SC in the SC interview form, but it does not recognize that I have any SC income for active trade or business income. What am i missing?

assuming you are a SC resident,  the return starts with Federal taxable income which would include the income/expenses from the Federal K-1 interview form.    the only things that might show up on the SC return separately would be adjustments to the federal amounts.   

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New Member

I've entered K-1 income for SC in the SC interview form, but it does not recognize that I have any SC income for active trade or business income. What am i missing?

On the "Info Worksheet" of SC Individual form under Part IV Other Information you must check "Use South Carolina I-335."  This will generate form I-335 which will enter information automatically.  This should save you (or refund you) 3% of your Business income.  (I got this from my Accountant.)