Question

Non-resident state filing

Forum|Forum|5 years ago
June 20, 2020
1 reply
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I live in michigan I own an S corp that receives rent in VA . In turbotax I am being asked if IMADE MONEY IN VA? Did I?

TurboTax Home & Biz Windows

Yes, if you had positive rental income in the Commonwealth of Virginia you will want to answer this yes and may need to file a Virginia tax return. If the income is below the Virginia threshold, you will not need to file. For 2019 the filing threshold for Virginia is $11,950 for a single filer and $23,900 for married taxpayers filing jointly.

Note that if your income is less than this amount, a return is not required but you may still file one if you wish to have the income (or loss) that you did have recorded officially.

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