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Subject:  Re: State Tax Liability-Form 1041 K-1 Date:  12/12/2012  5:20 PM
Author:  reitsbyziggy Number:  117123 of 127745

I sure didn't sink in about having a state equivalent 1041 or state equivalent 1041 K-1. Substantially all of the income is US Government interest and I was thinking that since no state tax will be due there would be no need to file a state equivalent 1041. The state equivalent 1041 will still have to be filed to reconcile out from the Federal 1041 income. Thanks Peter and Ira.

You guys are just to smart for me!!
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