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Level 1
posted Mar 18, 2021 7:46:55 AM

Do I need to file with any state if only receiving a federal K1?

I received a Federal K1.   This calls out 3 states with non-zero values.  One state has an Ordinary Business Loss (column 1 is negative) and Gross Receipts (column 5).  The other two states have Gross Receipts but no Ordinary  Business Income or Loss.   I did not receive a state K1 for any of these states.  Is this because only the income is taxable and as a result I don't need to file as a non-resident?

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1 Best answer
Expert Alumni
Mar 21, 2021 11:17:23 AM

Yes, if you do not have any income to report to those states, there is no requirement to file a return.

1 Replies
Expert Alumni
Mar 21, 2021 11:17:23 AM

Yes, if you do not have any income to report to those states, there is no requirement to file a return.