Source: https://www.thetaxadviser.com/content/tta-home/issues/2012/jun/clinic-story-03.html
Timestamp: 2017-09-25 06:21:45
Document Index: 605607084

Matched Legal Cases: ['§12', '§803', '§290', '§57', '§44', '§71', '§658']

Multistate Partnerships: To Withhold, or Not to Withhold?
By Marianne Evans, J.D., LL.M., CPA, and Atif Khan, J.D., Washington, D.C.
Many states do not require withholding below certain income thresholds. For example, several require withholding only if the partner’s distributive share of state taxable income is $1,000 or more. (See, e.g., Conn. Gen. Stat. §12-719(b)(2)(C)(1); 18-125 Code Me. R. §803(6)(3)(A)(1); Minn. Stat. §290.92.4b(d)(2); N.D. Cent. Code §57-38-31.1(3)(c)(1); R.I. Gen. Laws §44-11-2.2(c)(1); Wis. Stat. §71.775(3)(a)(2)). Other minimum income requirements may apply in other states.
Some states do not require withholding if certain tax thresholds are not met. For example, New York requires estimated taxes to be paid on behalf of a nonresident partner only if the partner’s tax is more than $300 (N.Y. Tax Law §658(c)(4)(D)(i)).
Maine : Effective Jan. 1, 2012, Maine will no longer require a partnership to file a return in the state if the partnership’s sole connection to Maine is a partner that is a resident of Maine. Previously, Maine, like a handful of other states, required the partnership to file an information return in the state, even when the partnership did not engage in business in the state, if a partner of the partnership resided in the state.