Taxation of Non Resident for MA Partnership

Apr 14, 2007 1 Replies

I have an 3K-1 from a MA partership. My husband works full time for the Partnership outside of MA. We file a Form1- NR/PY for MA. On the Form 1, Line 9, it asks for Income/loss of the partnership. We are using turbo tax for the return carrying over the income from our federal return which includes guaranteed payments. Do we have to include the guaranteed payments in income on the Form 1 since they are for work that was performed outside of MA? Thanks in advance for your help.



>
>
>
>
>
>
>
>
>

Massachusetts has VERY detailed regulations governing the definition of source income taxable to a nonresident. Mass. Regs. Code 62.5A.1(6) (a) provides that a nonresident partner's guaranteed payments must be apportioned within and without Massachusetts by the same ratio that applies to the distributive share. Katie in San Diego

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required