User talk:Andrewz
From TaxAlmanac
This page is where you can leave a message for Andrewz. Andrewz will be notified of messages the next time they access TaxAlmanac.
Please make sure to sign your message by adding four tildes: ~~~~ at the end of your message.
If you are actually Andrewz, this is your page. Feel free to edit your discussion page to add or remove anything you'd like.
Multistate partnership returns
Andrew, my apologies for not getting back to you sooner. I was reminded when another post was made on my discussion page today
As you've probably figured out by now, it depends on how each state's forms are set up, but in general, all you have to do is follow the form instructions for each state. For California purposes, for example, you report 100% of the partnership's income, deductions, credits, etc. and if there are nonresident partners and the partnership is multistate, the apportionment is made on the partnership return. The K-1 has a fourth column to show the California source part of each nonresident partner's distributive share. Other states may be not as clear, but it is hard to give general advice about this; if you have a problem with a particular state's form, let me know, and maybe we can figure it out together. KatieJ 14:21, 8 February 2008 (CST)
PA partnership return
Andrew, I'm not sure why you think this is a problem. Of course the total of the partners' K-1s won't equal either Line 1a or Line 2e, because one partner is a resident (100% of his distributive share goes on his K-1) and the other a nonresident (only his distributive share of PA source income goes on his K-1).
The instruction for Line 1 of the NRK-1 seems odd to me; it seems to suggest entering the nonresident owner's distributive share of the partnership's total income, rather than his distributive share of PA source income ... while on line 10 it is clear that only the apportioned amount of the GP is to be entered. In fact, the wording of the Line 1 instruction is exactly the same on the RK-1 and the NRK-1. Nevertheless, I would enter only the nonresident partner's distributive share of PA source income, i.e., Line 2e on the Form 65 times the partner's P&L percentage. There's no other way on this form to give the partner the right number to put on his nonresident PA return.
Don't expect the K-1s to add up; they won't.
PA partnership return
The resident partner's K-1 shows his P&L percentage times the amount on Line 1a. The nonresident partner's K-1 shows his P&L percentage times the amount on Line 2e. That's what Line 2e is for -- and it comes from the Schedule H, which shows the apportionment.
Gotta tell ya, though, I fail to see the point of Line 2a, which is just Line 1 minus 2e and doesn't go anywhere!
