Non-Resident, Passive Loss in Arizona
Does a Non-Resident of the State of Arizona have to file a tax return in AZ if their passive investment from a syndication shows a loss?
Does a Non-Resident of the State of Arizona have to file a tax return in AZ if their passive investment from a syndication shows a loss?
You might want to file an AZ return to preserve the loss in order to possibly offset any future income/gains.
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