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On a return with K-1 from an S-Corp and ownership of 20% or more in Ohio indicated why won't the w2 wages flow to form IT Bus Ohio form line 5?

jstimpson
Level 2

Taxpayer is a more than 20% owner in an Ohio S-Corporation.

Taxpayer has a k1 and a w2 from the S-Corporation.

The wages the taxpayer receives from the S-Corporation are linked to the k1 and marked for % of ownership.

The wages should flow through to the adjustment line 5 of Ohio form IT Bus.

They don't they have to be manually entered. 

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sjrcpa
Level 15

Probably for the same reason they don't flow to the IT4708. They just don't and Lacerte apparently doesn't think there is anything wrong with this.


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1 Comment 1
sjrcpa
Level 15

Probably for the same reason they don't flow to the IT4708. They just don't and Lacerte apparently doesn't think there is anything wrong with this.


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