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

California withholding entered on the federal K1-4 screen 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 the federal K1-4 screen and must also be reported on the CAK1-4 screen. 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 the 592B or 593 screens to enter the appropriate amount and the K1 unit number. Upon data entry of that amount on the CA592B or CA593 screens, 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 the K1-4 screen and the amounts accounted for via the CA592B or CA593 screens is included in the electronic record (along with the EIN of the pass-through entity) as K1 withholding.

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

California withholding entered on the federal K1T-2 screen 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 the federal K1T-2 screen and must also be reported on the CAK1T-2 screen. 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 the 592B or 593 screens to enter the appropriate amount and the K1T unit number. Upon data entry of that amount on the CA592B or CA593 screen, 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 the K1T-2 screen and the amounts accounted for via the CA592B or CA593 screens is included in the electronic record (along with the EIN of the pass-through entity) as K1T withholding.

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