Schedule PN for nonresident

[jyeh74]

This does not make sense.  Helping someone fill out a schedule PN .  They are non resident for that state.  But they are going through a worksheet that compares column A and column B.  Column A is the total income from all sources, and a column B is the amount of column A that is attributed to that state.

So they have real estate income from different states including this one.

Column A - total income from all real estate rental = $30,000 

Column B - total income from real estate "attributable" to this state = $10,000  (does attributable mean how much rental income they received from 1099 from this state)?

to get the nonresidence taxable income percentage, they ask you to divide total amount from Column B / total amount from Column A so if that is the case then,

10k / 30k = 30%

You then have to multiply the tax payer's federal AGI minus states itemized deductions amount, and multiply by this 30% to get the states taxable income.  Then multiply by 5% to get the amount of state income tax due.  A non-resident  shouldn't owe any tax due if all they got was rental income and they didn’t even live there.

[jyeh74]

Does anyone know this?

How do you interpret this?  “In Column B, enter the amount of Column A received from North Carolina sources or income received while a resident of North Carolina”

if you look at “enter the amount of Column A received from North Carolina sources” then it is net NC rental income. 

if you look at “income received while a resident of North Carolina” then it is 0, since they are non resident and never live there.  

The instructions are ambiguous.

[crash345u]

Please double check all the TT NC worksheets CAREFULLY. I have been going in CIRCLES with TT trying to correct a problem with a part year NC return. TT is not adding up all the numbers in Column B, they show the proper entry but fail to include it in the final total.  (Taxable income from a college savings account). Yours is real estate but same idea.