When I enter K-1 in Federal return, it generated K-1 Partner worksheet but it does not create one for the SC where K-1 partner business originate. How do I enter this in? Do I put it in as income only? I am confused why it does not create the K-1 worksheet for SC.
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possibly both. your state of residence and the state where the activity was conducted, if that state has a personal income tax. Otherwise, only your resident. State if it has a personal income tax.
if the activity was conducted in a state with personal income taxes, you may not be required to file a return. Since we don't know what's on the K-1or the state, you can go to that state's website and look up filing a non-resident return. If you are subject to that state's income tax, you can take a credit on your resident state return, if you have one.
possibly both. your state of residence and the state where the activity was conducted, if that state has a personal income tax. Otherwise, only your resident. State if it has a personal income tax.
if the activity was conducted in a state with personal income taxes, you may not be required to file a return. Since we don't know what's on the K-1or the state, you can go to that state's website and look up filing a non-resident return. If you are subject to that state's income tax, you can take a credit on your resident state return, if you have one.
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