turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Ask the Experts All About the Refund! >> Event happening NOW!!!!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I live in CA and I am a partner in an LLC registered in NJ

I live and work in CA and I am a limited partner in a LLC registered in New Jersey. I received a distribution from the LLC in 2020. I received my 2020 K-1 documents from the LLC, which included two state tax forms, Schedule NJK-1 for NJ, and IT-204-IP for NY. Do I need to file nonresident state tax forms for NJ and NY?

 

Additionally, any idea why I received a form for NY?

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

4 Replies
MaryK4
Expert Alumni

I live in CA and I am a partner in an LLC registered in NJ

New Jersey requires nonresidents to file if Single and with gross income from everywhere for the entire year more than $10,000 or Married with gross income from everywhere for the entire year was more than $20,000. (so it is based on your overall income)

 

For New York,  a nonresident with New York source income must file if New York adjusted gross income exceeds the New York standard deduction.(Click to see amounts)

 

If the LLC had business conducted in New York, they are required to issue the NY form.   

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

I live in CA and I am a partner in an LLC registered in NJ

Thanks MaryK1101,

Just wanted to confirm NJ is based on gross income, NY is based on New York state sourced income?

MaryK4
Expert Alumni

I live in CA and I am a partner in an LLC registered in NJ

Correct, gross income in New Jersey and only New York-source income for New York.

 

@CA77

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

I live in CA and I am a partner in an LLC registered in NJ

I have a similar situation CA resident filing Non resident K1 for NJ and NY.

 

I have NJK-1 and IT-204-IP, however I cannot find IT-204-IP in Turbotax premier?

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies