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I live in Arizona and have $446 of passive income from West Virginia. Do I need to file a West Virginia tax return?

 
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DanielV01
Expert Alumni

I live in Arizona and have $446 of passive income from West Virginia. Do I need to file a West Virginia tax return?

You do have a filing requirement in West Virginia, but you can elect for your income to be included as part of a Nonresident composite return since your income is derived from a partnership.  The following information below comes from West Virginia's tax instruction manual regarding this:

Nonresident individuals who are partners in a partnership, shareholders in an S corporation or beneficiaries of an estate or trust that derives income from West Virginia sources may elect to be included on a nonresident composite return. If the election is made, the IT-140NRC is filed by the pass-through entity and eliminates the need for the individual to file a separate nonresident/part-year resident return for income reported on the NRC. A $50 processing fee is required for each composite return filed.  (Italics and bolding added)

If a separate individual return is filed, the nonresident must include the West Virginia income derived from the pass-through entity filing the composite return. Credit may be claimed for the share of West Virginia income tax remitted with the composite return. This form is available on our website at tax.wv.gov.

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4 Replies
DanielV01
Expert Alumni

I live in Arizona and have $446 of passive income from West Virginia. Do I need to file a West Virginia tax return?

What is the nature of the passive income?
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I live in Arizona and have $446 of passive income from West Virginia. Do I need to file a West Virginia tax return?

The passive income is from shares in a partnership. Does that help?
DanielV01
Expert Alumni

I live in Arizona and have $446 of passive income from West Virginia. Do I need to file a West Virginia tax return?

@pliebfried  It did.  please see below.  Hopefully your Partnership can help with this.
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DanielV01
Expert Alumni

I live in Arizona and have $446 of passive income from West Virginia. Do I need to file a West Virginia tax return?

You do have a filing requirement in West Virginia, but you can elect for your income to be included as part of a Nonresident composite return since your income is derived from a partnership.  The following information below comes from West Virginia's tax instruction manual regarding this:

Nonresident individuals who are partners in a partnership, shareholders in an S corporation or beneficiaries of an estate or trust that derives income from West Virginia sources may elect to be included on a nonresident composite return. If the election is made, the IT-140NRC is filed by the pass-through entity and eliminates the need for the individual to file a separate nonresident/part-year resident return for income reported on the NRC. A $50 processing fee is required for each composite return filed.  (Italics and bolding added)

If a separate individual return is filed, the nonresident must include the West Virginia income derived from the pass-through entity filing the composite return. Credit may be claimed for the share of West Virginia income tax remitted with the composite return. This form is available on our website at tax.wv.gov.

**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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