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Level 3
July 8, 2025
Solved

MD nonresident with MD K-1

  • July 8, 2025
  • 1 reply
  • 11 views

Hi professionals,

I have a question about a client who lived in VA all year and received multiple K-1s including a MD 1065 K-1 with net MD income (federal net loss plus MD additions).

Please confirm:

- I need to use form MD 505 to report nonresident income.

- On MD 505 page 2, the (1) Federal column should show federal income (all K-1s), (2) MD column should show federal loss of this K-1, (3) Non-MD column should show all other K-1s aggregate income, and on line 19 of MD 505, it should show the MD addition amount. 

Thank you!

Best answer by Intuit_Kallana

Based upon what you have entered here, yes you are correct.  On the K-1 screen, make sure that the Maryland entries are entered in the State Source Column with MD selected to insure they flow to the Maryland return and not the resident state.

1 reply

Intuit_Kallana
Level 7
July 9, 2025

Based upon what you have entered here, yes you are correct.  On the K-1 screen, make sure that the Maryland entries are entered in the State Source Column with MD selected to insure they flow to the Maryland return and not the resident state.

sjrcpa
Level 15
July 9, 2025

"insure they flow to the Maryland return and not the resident state."

Almost always this income should also flow to the Resident State.

The more I know the more I don’t know.
AyhnAuthor
Level 3
July 10, 2025

Thanks for the clarification! Your help is much appreciated!