Hi Tagteam and thanks for the prompt reply.  I was anticipating filing S-Corp state returns using the apportionment rules they require (AZ and CO in this case).  But I was also under the impression that the federal K1's issued by the S-Corp to its shareholders should either be per state or at least schedule out receipts or net income by state as well.   If it is a simple as providing a separate schedule to shareholders based upon the S-Corps state returns so that those same shareholders can file their individual state returns, then that is all I need to know.     Thanks again. ... View more