Does TW use a K-1 input for AL or just the Sch NR BDE and a scratch pad to enter owners share of income from a 1065 Sch K-1 - After adding the state on SCH K-1, for AL or any other state, the overall AGI is doubling up under AL instead of separating between AL and FL. Asked if he included Percent of
๐ Does TW use a K-1 input for AL, or just the Sch NR BDE and a scratch pad?
This article explains how Alabama (AL) is handled when adding state information for a 1065 Sch K-1, and addresses the concern about overall AGI appearing to โdouble upโ under AL instead of separating between states.
โ ๏ธ Before You Begin
You may be reviewing a return where state allocation is expected to split amounts between states (for example, AL vs. FL), especially after adding the state on the Sch K-1.
๐ Answer / How It Works
No, there is no separate AL K-1 input sheet.
In the return that is attached, the AL BDE shows the total amount as the amount that is included in the federal and 0 allocated to AL.
The state box at the top can be used to allocate all of the income to a part-year or nonresident state but not a portion.
If only a portion is allocable to a state, the user would need to override on the state return.
I do not see this doubling that that is mentioned.
โ Summary
- No separate AL K-1 input sheet
- AL BDE reflects total federal amount and 0 allocated to AL (in the attached return)
- State box at the top allocates all income to part-year/nonresident states, not a portion
- For partial allocation, override on the state return
- No doubling observed in the described scenario
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Tags: federal,form,state
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