Sc k-1

[TAX4US]

For my SC friends. According to K-1 partnership has a SC address. It sold RE in SC. Passed the gain to Virginia resident. Does my VA resident owe SC tax on this gain. The only number on the k-1 is box 9a long term capital gain. on the SC 1065 K-1 it has the partner as a nonresident. Have not run into this b-4. Thanks for the help

[TAX4US]

54000.00. It was a sale of land in SC.

[New York Enrolled Agent]

Google SC tax law section 12-6-1720 and I think you'll find an answer of yes.

[DoubleO]

Since the real estate was in SC,then, yes, the TP should file an SC return.