Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
P
PhilD-ChapelHIll
April 16, 2022
Question

I have a K-1. NC requires "Partner's Share of North Carolina Income, Adjustments, and Credits". Is this intended to be a percentage or dollar value?

  • April 16, 2022
  • 1 reply
  • 0 views
The partnership does its business outside on NC, but NC is requesting additional information since I live in NC. It is not clear on the form as to whether I am supposed to enter a percentage or dollar value for the field "Partner's Share of North Carolina Income, Adjustments, and Credits"

1 reply

T
Tom in Carolina
April 18, 2022

Hey Phil - Go Tar Heels !

 

I have he same situation.

I received a  K-1 + the company does not do business in NC.

 

What did you wind up doing ?

Deleting the Form ?

Leaving the boxes blank ?

 

Thanks for your reply,

 

Tom

 

 

J
JulieS
April 18, 2022

That would be a dollar value, not a percentage. 

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
H
Hawkinsb
April 2, 2025

Bump for additional clarity 

TurboTax Expert Assist
TurboTax Expert

Get answers to all your tax questions

Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

Terms & ConditionsCookie settingsAccessibility statement
Intuit
TurboTax Credit Karma QuickBooks MailChimp

©1997-2022 Intuit, Inc. All rights reserved.
Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
of Intuit Inc. Terms and conditions, features, support, pricing, and service options
subject to change without notice.

Security Certification of the TurboTax Online application has been performed by
C-Level Security.

By accessing and using this page you agree to the Terms of Use.

Accessibility

TRUSTe nResult Certified e-File C-Level Security Certification