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File llc registered in one state and primary filer has different state of residence

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    File llc registered in one state and primary filer has different state of residence

    Does anyone know what form to use for indiana to report income from an llc registered with indiana when
    tax filer lives in kentucky? The llc is a single member filer for federal.

    #2
    Even though it is a single member you need to check with each state as to any required LLC annual fee. Check to see if you need to register with Kentucky as a foreign LLC.
    This post is for discussion purposes only and should be verified with other sources before actual use.

    Many times I post additional info on the post, Click on "message board" for updated content.

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      #3
      Originally posted by PATS View Post
      Does anyone know what form to use for indiana to report income from an llc registered with indiana when
      tax filer lives in kentucky? The llc is a single member filer for federal.
      Are the business operations being conducted in Indiana? If so the profits would go to IT-40PNR.

      A couple things to watch out for:
      If the business is in IN but member/owner lives in KY the county tax in N/A
      IN does not allow for bonus depr or 179 over 25K. If you take either of these on federal you will have state/fed depr adjustments over the depreciable life of asset.
      If any equipment, a PPT return will need to be filed by 5/15. Forms are on DLFG website and filed w/ county.

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