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K1 withholding (Partnership, S Corporation) - Screen K1-4

California withholding entered on federal Screen K1-4 defaults to being reported on Form 540, line 71 or Form 540NR, line 81. The total California withholding attributable to the K1 activity must be entered on federal Screen K1-4 and must also be reported on Screen CAK1-4. If none of the withholding is attributable to Form 592-B or Form 593, no further data entry is necessary as long as the EIN for the K1 activity has been entered. If some or all of the withholding amount is attributable to Form 592-B or Form 593, use Screen 592B or Screen 593 to enter the appropriate amount and the K1 unit number. Upon data entry of that amount on Screen CA592B or Screen CA593, that amount will transfer from Form 540, line 71 to line 73 or from Form 540NR, line 81 to line 83. The difference between the full amount entered on Screen K1-4 and the amounts accounted for via Screen CA592B or CA593 is included in the electronic record (along with the EIN of the pass-through entity) as K1 withholding.

K1T withholding (Trust, Estate) - Screen K1T-2

California withholding entered on federal Screen K1T-2 defaults to being reported on Form 540, line 71 or Form 540NR, line 81. The total California withholding attributable to the K1T activity must be entered on federal Screen K1T-2 and must also be reported on Screen CAK1T-2. If none of the withholding is attributable to Form 592-B or Form 593, no further data entry is necessary as long as the EIN for the K1T activity has been entered. If some or all of the withholding amount is attributable to Form 592-B or Form 593, use Screen 592B or Screen 593 to enter the appropriate amount and the K1T unit number. Upon data entry of that amount on Screen CA592B or Screen CA593, that amount will transfer from Form 540, line 71 to line 73 or from Form 540NR, line 81 to line 83. The difference between the full amount entered on Screen K1T-2 and the amounts accounted for via Screen CA592B or CA593 is included in the electronic record (along with the EIN of the pass-through entity) as K1T withholding.

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