OkieCPA85
Level 2
07-23-2020
01:56 PM
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I have entered a Multi-state K-1 but have only sourced it to Oklahoma. Taxpayer chose to do composite returns for other states. Lacerte is calculating a number and inputting it on 511-A as a subtraction. The statement shows "K-1 Adjustment " as the description and doesn't have a calculation provided and when I try to jump to it, it just takes me to the Other Subtractions line where there is nothing entered.
Anyone know how this number is calculated?
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