kbailey
Level 2
‎10-09-2020 02:36 PM

More Oklahoma state tax input into Lacerte: it appears that Oklahoma losses from partnership K-1 are not included in the total for OK Sch 511 NR-1. Appears to overstate Oklahoma income. I've input all of the loss amounts as OK Source income, and still not showing up. Any suggestions?

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PhoebeRoberts
Level 11
Level 11
‎10-09-2020 02:46 PM

Oklahoma is weird, and I don't do any NRs. But on a dummy return, if I put 5,000 in the federal column coded as US, and -2500 in the State Source Amount column coded as OK, the 511NR-1 looks fine. I'd be looking at the state code for the Federal column as the possible input issue.

Multi-state has so many ways to make it not come out right.