I have a client with K-1 from Miss partnership with a $22530 gain on line 9a of federal K-1.
the Miss K-1 has a zero on line 9a, also supplemental information states "income included
in composite return" $22530, and "tax paid on composite return $1105. Does this mean
the taxpayer does not have to file the gain on Miss nonresident return? Client is resident
of NC.
Help in NC
DixieEA
the Miss K-1 has a zero on line 9a, also supplemental information states "income included
in composite return" $22530, and "tax paid on composite return $1105. Does this mean
the taxpayer does not have to file the gain on Miss nonresident return? Client is resident
of NC.
Help in NC
DixieEA