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Level 1
July 30, 2025
Question

PA - 65 RETURN LINE #12

  • July 30, 2025
  • 1 reply
  • 3 views

 

I have a PA Resident Client who sold his Rental Property in New Jersey.

He has a registered PA Partnership and files a PA Partnership Return.

My question is he had an $80,000 Gain (Form 4797) on the Sale and the Program is recording the gain 

on PA-65 line 12 as a Nontaxable/Nonreportable Income. The Federal 1065 handled it correctly.

This is affecting the PA K1 also.

I spoke with Intuit support, and they did not have any answers

 

1 reply

George4Tacks
Level 15
August 14, 2025

@Andy32 did you resolve this? Did the partnership file a NJ-1065? I believe that NJ income would show up on the K-1 from the PA partnership doing business in NJ. 

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