Estate K-1

[Gretel]

Is this considered source income for the state where the estate is located? It's just some dividends but I think I need to file a non-resident for this.

[fliszt]

Gabriele,

Is this considered source income for the state where the estate is located? It's just some dividends but I think I need to file a non-resident for this.

I have just finished an estate with K-1 holders in MN and estate in Arkansas. I believe the dividends, interest, etc generated by banks, investment companies, etc if located in the state where the estate is, will be taxable income in that state.
Hopefully Koss will run accross this and give you a more detailed answer. I'm going to post a question on this too.
Larry

[Gretel]

I found my answer. Yes, this is source income in IN in my case. Good luck Larry, yours sounds a bit more complicated.