California Schedule K-1, column E

The California instructions do not include specific direction as to when to complete Column E of Schedule K-1. Therefore, UltraTax CS completes Column E of Schedule K-1 for all shareholders. To suppress Column E of Schedule K-1 from printing for resident shareholders:
  1. Select
    Setup
    , then
    1120 Corporation
    .
  2. Go to the
    California
    tab, and mark the
    Suppress the completion of Schedule K-1 (100S) Column e, California Source Amounts and Credits for California resident shareholders
    checkbox.
Per the Schedule K-1 (100S) shareholder instructions, shareholders who are California residents will use amounts shown in column (d) because California resident individuals are subject to personal income tax on all income from whatever source derived (R&TC Section 17041).
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