- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
It depends. Rental activities and sales, qualify for the Business Profit. However, the Business Profit return is ONLY required if the business organization, organized for gain or profit carrying on business activity within the state is subject to this tax. Organizations with $50,000 or less of gross receipts from all their activities are not required to file a return.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
ā€ˇFebruary 25, 2021
11:44 AM