I live in texas and invest in real estate that issue me a New York Partner K-1 (IT-204P). This is a passive investment and limited partner or other LLC member. The partner sold the property and this is the final k-1 which show
- withdrawal and distribution of about 10k. Do i have to file new york IT-203 form since i read somewhere say passive income are not required? If i do need to file, is this (Capital gain, Other gain, Partnership or Schedule K-1 Income)
