Screen NYK1-2 - New York Passthrough Deductions and Tax Preferences (1065)

Show all hidden content

Passthrough Deductions - Cont'd

Other deductions
The statement contains all the related information entered in the federal K1-2 screen. To exclude an item from the state return, delete the amount, enter a zero, or delete the entire line item from the statement. UltraTax CS displays the modified column in black and doesn't overwrite the new data with subsequent federal-to-state data transfers.

Passthrough Tax Preference Items

Tax-exempt interest income / … / Nondeductible expenses
These statements contain all the related information entered in the federal K1-5 screens. To exclude an item from the state return, delete the amount, enter a zero, or delete the entire line item from the statement. UltraTax CS displays the modified column in black and doesn't overwrite the new data with subsequent federal-to-state data transfers.

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close