Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
underpar00
New Member

Live in IN, filed Fed and IN taxes already. Working on Amending to add K-1. Received Form 502-Schedule VK-1. Do I file VA State return as well for a loss without income?

 
1 Reply
KittyM2
Expert Alumni

Live in IN, filed Fed and IN taxes already. Working on Amending to add K-1. Received Form 502-Schedule VK-1. Do I file VA State return as well for a loss without income?

In your case, it dependsIn general, whenever you amend your Federal return, you should also amend your State return, unless you are not required to file one. You should most certainly amend your Resident state return - the Non-Resident return may not need to be filed or amended as most states do not require you to file if your income is under a certain amount.

 

Here's where to check out Virginia's Who Must File . Failing to file a required return will generally result in a notice from that state requesting you to file the amended return, but they are usually in no hurry to send them as the penalties for non-filing can be substantial.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Dynamic AdsDynamic Ads
Privacy Settings
v