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Oregon LLC , sold property in 2021. Distributions made in 2021. CA Member K-1 Note, 2022 OR Distributive Income, 2022 estimated tax to withhold. Why???

klmeyers
Level 1
Why is it referencing 2022?
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2 Comments 2
sjrcpa
Level 15

Use some of the space you're given in Reply and fill in some details with complete sentences.

I can't understand what you're asking.


Ex-AllStar
klmeyers
Level 1

Hi, 

The K-1 has a note for the non resident member.  I am not understanding the reference to 2022 since all is being claimed in 2021, and distributions were made in 2021.    I do not see that there is any action by the taxpayer in 2022, correct? 

Nonresident Owner Information
2022 Estimated share of Oregon-source distributive income. . . . . . . . . . . . . . . . . . . $ 25,679.
2022 Oregon estimated tax to be withheld. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 2,544.

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