Schedule NRK-1, line 1 computation print requirements
Schedule NRK-1, Line 1 is based on Form PA-65, Page 1, Line 1e, the partner's ratio, and Schedule H, Line 5.
Schedule NRK-1, Line 1 is calculated as follows:
Form PA-65, Page 1, Line 1e × Partner's ratio × Schedule H, Line 5
Line 1e consists of Form PA-65, Page 1, Lines 1a and 1b. To allocate the amount reported on Schedule NRK-1, Line 1, allocate the amounts reported on Lines 1a and 1b.
Specially allocate Form PA-65, Line 1a
- Go to .
- Enter the allocation code on the 1st line,PA Taxable Business Income (Loss) from its Operations Everywhere.
Specially allocate Form PA-65, Line 1b
On the same
Income
tab, enter the allocation code on the 2nd line, Share of Income (Loss) from All Other Entities
.Special-allocation calculations
For a special allocation by ratios, Schedule NRK-1, Line 1 is calculated as follows:
Total amount in special-allocation code × Ratio in special-allocation code × Schedule H, Line 5
For a special allocation by amounts, Schedule NRK-1, Line 1 is calculated as follows:
Amount in special-allocation code × Schedule H, Line 5
