Screen PAInc - Pennsylvania Income and Distributions (1065)

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Income and Distributions

Income (loss) per books and records (Force)
The federal amount from Form 1065, Page 5, Schedule M-1, line 1, Net income (loss) per books, transfers to Form PA-20S / PA-65, Page 2, line 10, Total Income (loss) per Underlying Pennsylvania Books and Records. Enter an amount in this box to force an amount to Form PA-20S / PA-65, Page 2, line 10, Total Income (loss) per Underlying Pennsylvania Books and Records.
Distributions of cash, marketable securities, and property (Force)
The federal amount for cash and property distributions transfers to Form PA-20S / PA-65, Page 2, line 15, Distributions of cash, marketable securities, and property. The allocation of this amount to each partner is the same as the federal method used. Enter an amount to force an amount to Form PA-20S / PA-65, Page 2, line 15.

Guaranteed Payments

Do not include health insurance considered guaranteed payments
Enter
X
to not include health insurance considered guaranteed payments on Form PA-20S / PA-65, Page 2, line 17, Guaranteed payments for services and on Schedules RK-1 and NRK-1.
PA Allocated
Enter Pennsylvania allocated amounts in these boxes for Schedule NRK-1, lines 9, 10 and 11.
Total Classified
Enter amounts in these boxes for Form PA-20S / PA-65, Page 2, lines 16 and 18. The amounts entered in these boxes reduce the amount of Form 1065, Page 3, line 4, Guaranteed Payments to arrive at Form PA-20S / PA-65, Page 2, line 17, Guaranteed payments for services and on Schedules RK-1 and NRK-1.

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