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April 1, 2025
Question

I have an amount listed on my K-1, Form 1065, Box 13, Code ZZ. The description is Minnesota Pass Through Entity Tax. Which option do I select?

  • April 1, 2025
  • 1 reply
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Early Withdrawal Penalty? Investment Interest Expense? Miscellaneous Itemized Deductions? Nonpassive Deductions to be Reported on Schedule E, Page 2? Section 754 Depreciation? Taxes and State Income Tax Withheld? I Have Another Description Item?

    1 reply

    April 1, 2025

    You should choose the Taxes and State tax withheld option. You will then see a drop down menu where you can enter the taxes paid and assign them to Minnesota.

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