Colorado Non-Resident, only have -$85 K-1 loss, do I need to file?

[joe_e_b]

I am a Colorado Non-Resident, I received a K-1 reflecting an ($85) loss related to an LLC I am a partner in.  No other withholdings or other activity listed in teh K1 boxes apart from the loss.  No other income or investement activity in CO, just this one.  Do I need to file a Colorado return? 

[Irene2805 · Accepted solution]

No - You do not have to file a CO return.  Normally, a nonresident of Colorado with Colorado source income would have to file a CO non-resident return.   But since your only "income" is a loss on the K-1, there really is no income and no need to file a return.