turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

FI60
Level 3

Arkansas nonresident due to royalties

I'm losing my mind. I live in Georgia, but have earned royalties on oil and mineral rights in Arkansas, and also for my shares in a family-owned LLC, for several years. This is the first year that Turbotax has prompted me to file an Arkansas return. I assumed I would only be entering the royalties, but the return is trying to also tax me on my pension benefits earned in California which I do not even have to pay in my resident state! WHY?? 

 

I hate taxes.

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
MaryK4
Expert Alumni

Arkansas nonresident due to royalties

For Arkansas, nonresidents calculate AGI from all sources as if they were full‑year residents. You calculate tax and claim deductions and credits as if you were full‑year residents then calculate AGI from Arkansas sources.  The net tax is prorated by the ratio of AGI from Arkansas sources to AGI from all sources.
 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Arkansas nonresident due to royalties

@FI60 see my response to your other question in a separate thread.

*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies