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Level 2
June 29, 2020
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state tax return

  • June 29, 2020
  • 8 replies
  • 34 views

1. I have my own house in NV, so i think it’s my tax home?

2. I started graduate school in September 2019 in NJ, and I didn’t make any  income there 

3. I have a Form 1065 k-1 from NY, which I didn’t make money in 2019.

 

Which state tax return should I file? Thanks! 

    Best answer by RobertG

    Nevada has no state income tax, so you don't have to file there.

     

    If you spent more than 30 days in NJ and had more than $7,500 from all sources for the entire year, you are required to file a NJ part-year resident return. Who Must File

     

    You must file a NY nonresident return if You are a nonresident with New York source income and your New York adjusted gross income Federal amount column (Form IT-203, line 31) exceeds your New York standard deduction.

     

    If you are a nonresident, your New York source income is the sum of your income, gains, losses, and deductions from your distributive share of New York State partnership income or gain.  Since that is a loss, you don't have to file a NY return.

     

    Filing information for New York State nonresidents

    8 replies

    RobertG
    RobertGAnswer
    Alumni - Intuit
    June 29, 2020

    Nevada has no state income tax, so you don't have to file there.

     

    If you spent more than 30 days in NJ and had more than $7,500 from all sources for the entire year, you are required to file a NJ part-year resident return. Who Must File

     

    You must file a NY nonresident return if You are a nonresident with New York source income and your New York adjusted gross income Federal amount column (Form IT-203, line 31) exceeds your New York standard deduction.

     

    If you are a nonresident, your New York source income is the sum of your income, gains, losses, and deductions from your distributive share of New York State partnership income or gain.  Since that is a loss, you don't have to file a NY return.

     

    Filing information for New York State nonresidents

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    njliyiAuthor
    Level 2
    June 30, 2020

    Thanks for your reply, Robert! 

     

    Can I ask: I have 3 times international funds transfer from different relatives into my bank account in USA  in 2019 and the combined total amount is more than $100K. Should I file one Form 3520 or three Form 3520? 

    Alumni - Intuit
    June 30, 2020

    @njliyi

     

    You should only file one form 3520 and report the three transactions.

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