State Tax

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  • barrybrazer
    Junior Member
    • Sep 2020
    • 2
    #1

    State Tax

    I have a Florida client that has a K-1 from another state. If there is a loss on the K-1 from the other state (Pennsylvania) do I still have to file the state return? If not, how are the losses carried forward?
    Tags: None
    • Dusty2004
      Senior Member
      • Dec 2009
      • 374
      #2
      PA doesn't allow for carryovers of losses. I would not file the return at this point unless they had other PA income.

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        • Kram BergGold
          Senior Member
          • Jun 2006
          • 2112
          #3
          Per the law PA requires you to file. However my experience is they won't be coming after you if you don't.

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