I need to apportion income between Ca and Tn

Forum|Forum|6 years ago
December 7, 2019
2 replies
21 views

I need some help apportioning income on a sch C between ca an tn

Lacerte Tax

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Best answer by abctax55

There is a spot on Screen 16 (and on 18 too I think) to enter a percentage for "source" income. Code 501, if you speak batch. Down in the "other Info" at the very bottom of the Section on the left side.

abctax55Answer

Level 15

There is a spot on Screen 16 (and on 18 too I think) to enter a percentage for "source" income. Code 501, if you speak batch. Down in the "other Info" at the very bottom of the Section on the left side.

HumanKind... Be Both

George4Tacks

Level 15

I am assuming part year, moving from one to the other. Use Ctrl + E to allocate gross receipts between TN and CA (two lines, one for each state). Depending on how much work you want to do, do the same with each expense item OR just cheat and make a few of the $1 for one of the two states to make the total shake out. Alternatively use screen 51 to make a modification for CA schedule CA to make it work out. TN has a HALL tax and the Schedule C should not come into play.

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