Screen NMAlloc2 - New Mexico Deduction Allocation Amounts (1065)

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Nonbusiness Deduction Amounts from Federal Schedule K

Use this section to complete Schedule PTE-B, Allocated Nonbusiness Income Taxable to Owners. UltraTax CS uses this information to allocate amounts among partners based on each partner’s profit percentage if the amounts are not specially allocated.
To use the apportionment factors on Schedule PTE-A, select View, then Apportionment.

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