Maryland Form 502CR - Entering PTE Election Tax Paid
Desktop · Written guide Content date 1 min read
A taxpayer who received Maryland Schedule K-1 (510/511) with an amount entered on line 2 in Part D for the PTE election tax paid on their behalf needs this amount entered on Form 502CR. To enter this amount, from the Maryland (NR) Tax Return Menu select:
- Miscellaneous Forms
- MD Schedule K-1 (510) Input - If the Schedule K-1 hasn't yet been entered, select New and enter the heading information.
In the MD Schedule K-1 Information Menu select:
- Nonresident/Resident Tax
- PTE Election Tax Paid by this PTE - Enter the amount showing on Schedule K-1 Part D line 2.
The amount entered will flow to Form 502CR Part CC.