Investment Parntership K-1

[peggysioux]

Taxpayer received a K-1 for passive partnership (investment) and has taxable income of approximately $3 to $6 for 15 different states. There are some states that require a tax return to be filed if non-resident received ANY income from that state. The states don't truly want a return with that small amount of income, do they??

[Roberts]

IMO, no they don't want one for tiny amounts. Each state has a threshold that you must get above before a non-resident must report. In my state, you must file a NR return if you have state sourced income like this above $600.