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Article #: 13227
NM Instructions for Form PTE Information Return for Pass-Through Entities state “do not submit Schedule K-1 or equivalent forms with the S corp return.” Therefore, Drake Tax does not produce a Schedule K-1 for New Mexico in View/Print mode of the NM return.
See the NM Instructions located on the NM Taxation and Revenue Website (NM forms are also available at the New Mexico Forms & Publications web page).