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Level 5
April 12, 2023

CA nonresident return required?

  • April 12, 2023
  • 1 reply
  • 12 views

I'm filing a ME return for people who get a 1041 K-1 from a CA Estate with dividend income . They do receive a 541 K-1 with amounts in all columns but 0 in (e) California source amounts and credits.

Are they required to file Nonresident CA return?

Thank you so much for helping fellow preparers! Sandra 

 

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    1 reply

    sjrcpa
    Level 15
    April 12, 2023

    No.

    The more I know the more I don’t know.
    ColmattAuthor
    Level 5
    April 12, 2023

    Can you explain why? 

    abctax55
    Level 15
    April 12, 2023

    Investment income is sourced to the state of residency.

    edit.... almost always.... CT & NY can be a bit 'off' sometimes.    But you can rely on the "source" column for that info.

    HumanKind... Be Both