Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProSeries Tax
- :
- ProSeries Tax Discussions
- :
- LLC Taxation
LLC Taxation
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
Vols3827
Level 3
04-03-2021
07:53 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
If a client lives in Massachusetts, but sets up an LLC in Illinois because that's where the rental property the LLC contains resides, then should the client have to pay Illinois tax on that LLC income + Massachusetts tax also? How do we ensure the client avoids double taxation in that regard? Because the income from that LLC was all earned in Illinois under an LLC setup in Illinois.
Labels
This discussion has been locked.
No new contributions can be made. You may start a new discussion
here
1 Comment 1
sjrcpa
Level 15
04-03-2021
08:50 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Massachusetts will give a credit for tax paid to Illinois.
Ex-AllStar
