ATX Software - state allocation

[Bklyn1_241]

TP resides in one state but has nonresident K-1 income for another state.  Is there a way in ATX to designated the income associated with a K-1 (1120S) to a specific state?

[Abby Normal]

That would be nice, but you have to handle this somewhat manually by reporting the income in both states, then taking the credit for taxes paid to the nonresident state.

[Bklyn1_241]

On 3/26/2023 at 12:45 PM, Abby Normal said:

That would be nice, but you have to handle this somewhat manually by reporting the income in both states, then taking the credit for taxes paid to the nonresident state.

Thank you Abby!