June 4, 2019 2:08 PM
last updated June 04, 2019 2:08 PM
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.
June 4, 2019 2:09 PM
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
If you have other questions about this, ask in the comment section below.