Georgia form 700 Partnership Tax Return

Forum|Forum|5 years ago
June 29, 2020
2 replies
5 views

I have filed a GA state form with my federal, and I filed a 1065 - why do I need to file a Georgia form 700

Best answer by Anonymous_

Are you using TurboTax Business?

You might be required to file a return for the partnership for the State of Georgia.

See https://dor.georgia.gov/partnerships-0

Anonymous_Answer

Level 15

Are you using TurboTax Business?

You might be required to file a return for the partnership for the State of Georgia.

See https://dor.georgia.gov/partnerships-0

jianhuama1

Level 2

I am a partner for one LLC and did K-1 for federal return using Turboxtax Home and Business software, but when file GA return, I don't have the needed form 700 to go with GA Form 500...

Anyone has similar issue?

John

RobertB4444

Level 15

@jianhuama Georgia form 700 is to file a tax return for a partnership in Georgia, not to enter a K-1 into your Georgia personal tax return.

TurboTax should carry all of the numbers from your federal K-1 over to your Georgia return. However, if you have a Georgia K-1 issued to you as a partner in a partnership there may be numbers on that K-1 that are not on the federal one. You will need to make sure to enter those numbers into your Georgia return where necessary.

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