troy
Level 3
01-18-2023
09:43 AM
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Illinois recently passed legislation that allows a taxpayer to deduct a percentage of Illinois taxes, known as the pass-through entity tax, on the federal return (1120-S in this instance).
However, from what I understand, this amount cannot be deducted on the IL-1120ST state return.
How should this tax be entered in ProSeries to ensure it flows properly?
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