Nonresident state returns for K-1s

Forum|Forum|5 years ago
October 10, 2020
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What is the best way to look up the various state thresholds for filing a nonresident state return for state K1 forms that are included with a Schedule K-1 (1065)? For example, is there a way to lookup what to do with ordinary losses and capital gains on California's K-1 (568)? Thanks in advance.

Best answer by Anonymous_

A link to the California FTB appears below.

https://www.ftb.ca.gov/forms/2019/2019-540nr-booklet.html#19_540nr-2

Typically, you would do an internet search for the particular state's web site, most commonly the department of revenue or secretary of state.

Anonymous_Answer

Level 15

A link to the California FTB appears below.

https://www.ftb.ca.gov/forms/2019/2019-540nr-booklet.html#19_540nr-2

Typically, you would do an internet search for the particular state's web site, most commonly the department of revenue or secretary of state.

pmt1Author

Level 2

Thanks. Not sure this applies to California sourced capital gains (reported separately from ordinary income and losses)? Ordinary income is in line 1 while short and long term capital gains are lines 8 and 9.