Rich53
Level 1

I have a similar issue.

How do I adjust the amount used for the federal return from form K-1 to reflect the (lower) amount on line 6 of the VA form 502 Schedule K-1?

I completed Schedule VK-1 Worksheet in the Virginia state program and entered the line 6 amount (times the line 7 percentage) in the Distributive or Pro Rata Income section but it made no difference to my VA tax. The amount is material so it should be easy to spot but I do not see the adjustment flowing through to my form 760.

What to do?

Thank you.

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