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If a partnership spins off state K-1 sources income (losses) to another partnership. Does the receiving partnership also need to file in each state? ie ID -$73, AL -$55

DHipple
Level 2
  • ID has a loss $73
  • AL has a loss $55
  • CA has a loss $369
  • CO has a loss $144
  • CT has a loss $33
  • GA has an income $251
  • MD has a loss $43
  • MA has a loss $82
  • MN has a loss $90
  • VA has a loss $52
  • WI has a loss $40
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PhoebeRoberts
Level 11
Level 11

You need to read the filing instructions for each state to determine if the partnership has a filing requirement.

The partnership may or may not choose to engage you to prepare certain state returns.

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1 Comment 1
PhoebeRoberts
Level 11
Level 11

You need to read the filing instructions for each state to determine if the partnership has a filing requirement.

The partnership may or may not choose to engage you to prepare certain state returns.

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