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State tax filing
Thank you! I don't know if I should consider my income as derived from MT, so please allow me to explain about my business a bit. I am going to help clients buy bitcoins. They will wire the money to my business checking account, and I will charge a small processing fee, and wire the funds to CoinBase, which is a bitcoin exchange. Then i will buy bitcoins for them and send it to their account.
Should I consider this small processing fee as derived from MT? My clients will not be MT residents. But my LLC's business address is a MT address and when I open the business checking account from the bank, I'll be using that address.
With that said, even if I do need to file a MT state income state, I'd only be filing a nonresident income tax ONLY for the income of the LLC right? My salary earned in WA state will not be subject to state income tax in MT, is that right?
Should I consider this small processing fee as derived from MT? My clients will not be MT residents. But my LLC's business address is a MT address and when I open the business checking account from the bank, I'll be using that address.
With that said, even if I do need to file a MT state income state, I'd only be filing a nonresident income tax ONLY for the income of the LLC right? My salary earned in WA state will not be subject to state income tax in MT, is that right?
‎June 6, 2019
9:14 AM