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dom20
Returning Member

Do you have to file in Virginia if you only have a loss from an llc partnership and all other income is from New York

Resident of New York and only income from Virginia is a $525 loss from a Virginia formed LLC partnership. Do we need to actually file a non resident form 763.

1 Reply
Cindy0H
New Member

Do you have to file in Virginia if you only have a loss from an llc partnership and all other income is from New York

No, you do not. This is what Virginia states:

You must file an income tax return in Virginia if:
  • you are a resident of Virginia, part-year resident, or a nonresident, and 
  • you are required to file a federal income tax return, and
  • you have Virginia adjusted gross income equal to or greater than the amounts below: 
    Filing Status                                            Income Threshold
Single or married filing separately          $11,950
Married filing jointly                                 $23,900

Virginia document:

If you have other questions about this, ask in the comment section below.

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