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Level 2
April 23, 2024
Question

How to transfer Income from PA-41 Sch NRK-1 to PA-40? Screen 20.3. Pennsylvania PA-41 Schedule NRK-1 income does not flow to the PA-40.

  • April 23, 2024
  • 1 reply
  • 4 views
Client is non-resident of PA.  Client received a PA Sch NRK-1.  It reported the client's share of real estate income from PA.  Do I need to use another screen in the individual module, except 20.3 to report that income?
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1 reply

Level 5
April 24, 2024

In the Estate/Trust K-1 input screen, scroll down to the "Pennsylvania Income (Losses)" section and enter the amount in PA Schedule J, "Taxable income from trusts and estates", and check the box for "Schedule RK-1/NRK-1".