KHK
Level 1
07-21-2021
10:22 AM
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How do I enter the modifications on the federal and state returns for the SALT tax paid
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sjrcpa
Level 15
07-21-2021
02:07 PM
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Enter the amount paid as state tax in the federal deductions-taxes field. The rest should flow automatically. I'm getting the addback on the MD K-1 for an S Corp. The MD tax is being calculated on the federal income without the state tax deduction.
Ex-AllStar
sjrcpa
Level 15
07-21-2021
03:25 PM
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Now I see you asked about partnership. It pretty much works the same way. Check the box to use the updated MD forms. There is a Diagnostic for this.
Ex-AllStar