Skip to main content
March 22, 2023
Question

Arkansas nonresident due to royalties

  • March 22, 2023
  • 2 replies
  • 0 views

I'm losing my mind. I live in Georgia, but have earned royalties on oil and mineral rights in Arkansas, and also for my shares in a family-owned LLC, for several years. This is the first year that Turbotax has prompted me to file an Arkansas return. I assumed I would only be entering the royalties, but the return is trying to also tax me on my pension benefits earned in California which I do not even have to pay in my resident state! WHY?? 

 

I hate taxes.

2 replies

March 22, 2023

For Arkansas, nonresidents calculate AGI from all sources as if they were full‑year residents. You calculate tax and claim deductions and credits as if you were full‑year residents then calculate AGI from Arkansas sources.  The net tax is prorated by the ratio of AGI from Arkansas sources to AGI from all sources.
 

Rick19744
Employee
March 22, 2023

@FI60 see my response to your other question in a separate thread.

*A reminder that posts in a forum such as this do not constitute tax advice.Also keep in mind the date of replies, as tax law changes.