Oklahoma income from a partnership

Forum|Forum|6 years ago
March 10, 2020
2 replies
11 views

Do you have to manually enter the income and withholding from an Oklahoma partnership in to the Individual income tax return. I have exported the K-1 and the Oklahoma information just doesn't show up.

Lacerte Tax

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sjrcpa

Level 15

@PhoebeRobertswill know about OK particularly, but except for CA most state K-1 stuff does not export.

The more I know the more I don’t know.

PhoebeRoberts

Intuit Community Champion

I agree, state info almost always has to be input manually.

For an OK resident, you adjust income on Screen 51.041, not in the K-1 input screen.

Withholding you can enter in the K-1 input screen under Credits and Withholding.

For a non-resident, you can probably use the State Source column in the K-1 input screen, but all my people are resident, so it's been a long time since I had that situation.

F

fdznavcpa

Level 3

do you work with Oklahoma Partnership Composite Return. Any idea why the Oklahoma withholding for each nonresident partner is automatically flowing to Form 514 Part 1 Line 7 from Form 500-B?

PhoebeRoberts

Intuit Community Champion

I don't do any Oklahoma composite (because my people are mostly resident), but I'll look at it in the morning.

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