Solved: I have a S Corp partner that has K-1s showing income from five different states. How do I enter these state amounts from the 1065 K-1s into the S corp program?

marvinsartin · ‎12-07-2019

George4Tacks · ‎12-07-2019

Here's wishing you many Happy Returns

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Accountant-Man · ‎12-07-2019

What is an S corp. partner?

** I'm still a champion... of the world! Even without The Lounge.

sjrcpa · ‎12-07-2019

I think OP is saying the S Corp is a partner in a partnership and the S Corp receives a K-1 from the partnership.

Ex-AllStar

Accountant-Man · ‎12-07-2019

I kinda sorta thought that, too, but since most users of this forum are professionals I wasn't sure. I took my "not helpful" vote with pride.

** I'm still a champion... of the world! Even without The Lounge.

George4Tacks · ‎12-07-2019

Here's wishing you many Happy Returns

Accountant-Man · ‎12-07-2019

S corp SHAREHOLDERS GET K1s from 1120S, not 1065s.

** I'm still a champion... of the world! Even without The Lounge.

I have a S Corp partner that has K-1s showing income from five different states. How do I enter these state amounts from the 1065 K-1s into the S corp program?