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DEW60
Level 1

Indiana Non-Resident Partnership Income from Indiana Source

I'm preparing my wife and I's IN return for 2019.  My wife receives income from a partnership (LLC) on a family farm in IN.  We live in Missouri and are Non-Residents of IN.  

Reading through the instructions to complete the IN return, under 2019 Changes (page 3),  it says filing requirements have changed for certain non-resident individual partners, shareholders and beneficiaries and refers to instructions for Lines 13,14,15 on page 14.  

Those instructions, which continue to page 15, read that "individuals who are included on the entities Schedule Composite are not required to fila an individual income tax return to report income from those entities with two exceptions:

(summary) A.  Were county taxes withheld? 

B.  Does the individual have other Indiana income?

On the copy of the IT-20S/IT-65 2019 Schedule IN K-1 we received, my wife is mentioned by name and her SSN is provided; it shows her Pro Rata Percentage; her state of domicile (MO); the Indiana State Tax withheld and 0 for the IN County Tax Withheld.  

This is the only income we have from IN.  

My interpretation of this is that we don't have to file an IN return since we don't fall under either exception.  I want to make sure I'm interpreting this correctly before I don't file.  

Sorry for the length.  

Thanks

 

 

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Accepted Solutions
ThomasM125
Expert Alumni

Indiana Non-Resident Partnership Income from Indiana Source

You are correct, based on the instructions. 

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1 Reply
ThomasM125
Expert Alumni

Indiana Non-Resident Partnership Income from Indiana Source

You are correct, based on the instructions. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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