joanmcq Posted December 5, 2007 Report Share Posted December 5, 2007 TP is a NY resident with trust income from Ohio. The OH K-1 has a deduction on line 2b of $899 (state & muni overpayment), and in the NR beneficiary info a the bottom: Line 1 interest: $391 Line 2 dividends: $1110 Line 5 other gains: $934 Line 6 (& from federal it's ord. biz income) $9306. On the IT 2023, I can't figure out how to do the apportionment. The federal ord biz income is $9349, so most of its Ohio income. But this is all the info I have; nothing about property, rents, payroll or sales. The instructions to the 2023 just say that trust income is allocated to beneficiaries by the same as other passthroughs, which is apportioned in accordance to the instructions for apportioning business income (????). Is this the same factors (payroll, sales, etc) that I have no info on? and if so, how do I fill out the 2023? Quote Link to comment Share on other sites More sharing options...
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