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Level 2
April 11, 2022
Question

Oregon LLC , sold property in 2021. Distributions made in 2021. CA Member K-1 Note, 2022 OR Distributive Income, 2022 estimated tax to withhold. Why???

  • April 11, 2022
  • 1 reply
  • 9 views
Why is it referencing 2022?
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1 reply

sjrcpa
Level 15
April 11, 2022

Use some of the space you're given in Reply and fill in some details with complete sentences.

I can't understand what you're asking.

The more I know the more I don’t know.
klmeyersAuthor
Level 2
April 11, 2022

Hi, 

The K-1 has a note for the non resident member.  I am not understanding the reference to 2022 since all is being claimed in 2021, and distributions were made in 2021.    I do not see that there is any action by the taxpayer in 2022, correct? 

Nonresident Owner Information
2022 Estimated share of Oregon-source distributive income. . . . . . . . . . . . . . . . . . . $ 25,679.
2022 Oregon estimated tax to be withheld. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 2,544.