I got a Sch K-1 and included was state of Colorado K-1 with box check SALT PARITY ELECTION

The State of CO K-1 accompanied the Federal K-1. Similar to other MLPS . On the CO k-1 it says SALT PARITY Election Box is checked. Does this mean I have to file a State of Colorado return (all income was from CO)

I would be a non resident partner

posted

Yes. According to the Colorado Department of Revenue, "Each partner or shareholder must file their own Colorado income tax return."

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I got a Sch K-1 and included was state of Colorado K-1 with box check SALT PARITY ELECTION

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I got a Sch K-1 and included was state of Colorado K-1 with box check SALT PARITY ELECTION

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