Push Out Election - Spidell

Push Out Election

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Message Board Push Out Election

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    • #275081
      Anonymous
      Participant

      In the case of a push out election for a 2018 AAR, my understanding is that an individual partner uses the push out statement to re-compute his individual tax for 2018 and pays the resulting tax with his 2019 tax return.  Does California conform to the same manner of payment, i.e. paying the additional 2018 tax with the 2019 tax return?

    • #275136
      Mike Giangrande
      Participant

      You are correct regarding the federal treatment. California does not conform. The partner must file an amended California return for 2018.

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