Tax Prep by Deb Posted April 3, 2015 Report Share Posted April 3, 2015 This if the first for me, but I need some help from New York preparers. I have a client whose only income was from being a beneficiary of an estate. It's a very small amount and no real need to file a federal return, but not sure for New York. This client lives in California. The federal K-1 only shows an amount in box 11A Excess deduction of $1306 The New York K-1 shows New York apportionment percentage 25.00 Boxes are checked for New York State nonresident beneficiary and Yonkers nonresident beneficiary Part III #5 Dividends of 32.00 #7 Net long-term capital gain $1965.00 #8 Other taxable income 7.00 #9 Other deductions $3310.00 The only New York K-1 Input that I have found is for partnerships or shareholders, I don't see anything relating to a 1041 Quote Link to comment Share on other sites More sharing options...
michaelmars Posted April 3, 2015 Report Share Posted April 3, 2015 NO RETURN NEEDED 1 Quote Link to comment Share on other sites More sharing options...
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