Virginia Help

[Snaggletooth]

I am dealing with a client who has a K-1 (actually it is a VK-1, Form 502) from a corporation doing business in Virginia.

Line 53 on the Individual NonResident Return (VA Form 763) asks for Virginia income from Estates, Trusts, etc. in order to apportion VA income.

There is no # on the VK-1, Form 502 which can be entered on Line 53 of the NonResident Return as described above.

????????? Any help for humble Tennessee boy??

p.s. I've read the instructions, and they don't answer the question.

[Burke]

Do you use ATX? There is a worksheet for the VK-1 502. I have not tried to use it with a NR 763, though it flows thru to the resident return quite nicely. What income items are on the VK-1?

[Snaggletooth]

Thanks Burke

I called a CPA friend who has Ultra. The VA VK-1 doesn't flow unless you make hidden calculations to it.

Thanks for responding Burke - I had to finish and return and get it outa here.

[Burke]

Sorry. I had to find a 763 to look at. And I got swamped. Am just leaving now. Glad you figured it out.