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State Returns for LLC owning Race Horses

I have an Arizona LLC that owns race horses. The race horses reside and race in West Virginia and Arkansas. What State Partnership returns do I need to file?

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ThomasM125
Employee Tax Expert

State Returns for LLC owning Race Horses

You would need to file partnerhship returns for all three states. You need Arizona since that is where the partnership is licensed, and in the other two states since you conduct business in them.

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1 Reply
ThomasM125
Employee Tax Expert

State Returns for LLC owning Race Horses

You would need to file partnerhship returns for all three states. You need Arizona since that is where the partnership is licensed, and in the other two states since you conduct business in them.

**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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