bstaxes Posted April 13, 2008 Report Posted April 13, 2008 Any one else experiencing entering K-1 for NJ and not having them show up on the NJ 1040 return. I'd had to manually enter the info. Caught one before I let it out of the office. I am going to suggest to ATX that they may want to look at this situation. Big chance that will be corrected. Quote
BobinNJ Posted April 14, 2008 Report Posted April 14, 2008 Any one else experiencing entering K-1 for NJ and not having them show up on the NJ 1040 return. I'd had to manually enter the info. Caught one before I let it out of the office. I am going to suggest to ATX that they may want to look at this situation. Big chance that will be corrected. Were the K-1 figures positive or negative? Cause negative figures won't flow because of the Gross Income tax system in NJ, as you probably already know. Bob Quote
bstaxes Posted April 14, 2008 Author Report Posted April 14, 2008 They were positive numbers and should flow over. It happened on all 5 of the partnership info. Maybe I just not putting it in the right place. Quote
taxperson Posted April 14, 2008 Report Posted April 14, 2008 Did you use the NJ Sch K1 input forms? Once tried to add the 1065 Partnership K-1 to a return. Didn't get very far. Quote
bstaxes Posted April 14, 2008 Author Report Posted April 14, 2008 I used the NJ Sch K1 form. I also found if that form is used, the return gets rejected when e-file the NJ return. Oh well, it is almost over, 1 more day. I still would like to know what gives on this form. I have made a suggestion to ATX about it. Quote
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