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I am a Tennessee resident. Last year I invested in a Iowa real estate venture and I received a Iowa K-1 which lists partner's share of Iowa receipts (~$7000). Do I need to file an Iowa return even though my pro rata share is a loss (~$825)?
I am a Tennessee resident. Last year I invested in a Iowa real estate venture and I received a Iowa K-1 which lists partner's share of Iowa receipts (~$7000). Do I need to file an Iowa return even though my pro rata share is a loss (~$825)?
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