Level 2

Where is the Net decoupling modification added in PTO?

It's in the Maryland Schedule K-1, Part B. Additions #3, Net decoupling modification.

There's a section in the K-1 for State and Local, but for MD it says the entries will not show up on the MD tax return.

Tax payer is a MD non-resident.

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Level 15

Try State Adjustments if you have that. (I'm thinking Lacerte speak)


ex-AllStar
Level 15

For PTO, it's under State & Local > Modifications > MD Form 500DMDecoupling modification from a passthrough entity [Override].

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Still an AllStar

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Level 2

Thanks for the help. I hadn't thought of going to that section.

It worked!

Melissa

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Level 15

NP, @CTC!  Have a great day!

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Still an AllStar
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