In Pennsylvania partnership and S corporation returns with an in-state or out-of-state capital gain (or loss), I expect to see data on the PA Schedule D, page 2, or Schedule D, page 4, but it's blank. Why?
In-State Capital Gain or Loss
The PA Schedule D-II (PASCHD.PG2 in View/Print mode) remains blank unless both of the following conditions are met:
- There is an in-state capital gain or loss, and
- On PA screen D2, a difference between the federal and PA schedules D is entered, and the federal D screen is identified:
Out-of-State Capital Gain or Loss
The PA Schedule D-IV (PASCHD.PG4 in View) remains blank unless both of the following conditions are met:
- There is an out-of-state capital gain or loss, and
- On PA screen D2, a difference between the federal and PA schedules D is entered, and the federal D screen is identified:
For more information, see the Instructions for Form PA-20S/PA-65.