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posted Feb 17, 2023 12:10:19 PM

TurboTax Business 2022: Maryland Form 504 K-1 Worksheet Distribution Factor

Hello,

   This Maryland return is for a complex trust whose federal return on form 1041 has already been accepted. The State return error check says "K-1 Worksheet: Distr. Income Factor The amounts are too large or small! Some of the computed results are incorrect."

 

   The note above part 1 asks for the ratio of total federal distributions divided by federal Distributable Net Income. I used 1.0 as the factor since all amounts are distributed. Any suggestions would be appreciated.

 

Regards,

Mike D.

 

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