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Level 3
February 7, 2024
Question

How to allocate income to multiple states on S-Corp return

  • February 7, 2024
  • 1 reply
  • 6 views

Hi there,

I am preparing an S-Corp return with income in PA and NJ and can't seem to figure out how to allocate the income between the two states. In screen 50 Apportionment, I see where I could enter the sales for NJ (PA is primary place of business), however, they look like override fields so I wanted to get a second opinion. 

At the bottom of screen 50, I can enter an apportionment percentage, but I don't want to do that. I would rather enter a dollar amount. 

Thanks!

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    1 reply

    PhoebeRoberts
    Intuit Community Champion
    February 7, 2024

    Are you 100% sure that PA and NJ permit allocation, rather than apportionment? If so, the allocation amounts are likely to be entered towards the bottom of Screen 50, Apportionment, using each state's sub-screen.