state_code,state_name,partnership_filing_form,partnership_due_date,partnership_pte_tax_rate,partnership_pte_election_deadline,partnership_nonresident_withholding,partnership_composite_return,partnership_annual_fee,partnership_extension_deadline,partnership_k1_equivalent,corporation_filing_form,corporation_tax_rate,corporation_due_date,corporation_minimum_tax,corporation_apportionment,corporation_filing_method,corporation_nol_rules,corporation_estimated_payments,corporation_extension_deadline,individual_filing_form,individual_tax_rate,individual_due_date,individual_extension_deadline,individual_estimated_payments,individual_standard_deduction,individual_top_bracket_threshold,individual_nonresident_form AL,Alabama,"Form 65 Alabama partnerships and limited liability companies file Form 65 (Partnership/LLC Return of Income) for tax year 2025. The form is filed on or before the 15th day of March following the close of the calendar year, or the 15th day of the third month following the close of the fiscal year. Citation: https://library.partnertax.ai/us-al/forms/Form_65_Instructions#preamble","March 15 If the 15th falls on Saturday or Sunday, the following Monday shall be the last day for filing. An extension of time to file an income tax return allowed by federal income tax purposes will be recognized for Alabama purposes. Citation: https://library.partnertax.ai/us-al/forms/Form_65_Instructions#what-s-new","5% (highest marginal individual income tax rate) Alabama Code § 40-18-24.4(e) establishes that an electing pass-through entity shall pay tax at the highest marginal rate provided in Section 40-18-5. The evidence identifies this as the highest marginal individual income tax rate applicable to partnerships and other pass-through entities making the elective PTE election. Citation: https://library.partnertax.ai/us-al/stat/40-18-24.4?c=1#e","With the timely filed return For tax years beginning on or after January 1, 2025, the election or revocation shall be made on the timely filed return, including any extensions that have been granted. The Form 65 instructions confirm the Electing PTE box must be checked on the return each year the election is in effect, and the entity cannot amend Form 65 after the extended due date to make the election or revocation. Citation: https://library.partnertax.ai/us-al/stat/40-18-24.4?c=1#3","Required on nonresident partners' distributive shares; composite return and payment on behalf of nonresident partners satisfies the requirement (rate not stated in retrieved instructions) Alabama requires partnerships to file a composite return and make composite payments on behalf of nonresident owners or members if there are one or more nonresident owners or members at any time during the taxable year. The composite payment mechanism satisfies withholding obligations. Relief from composite payment requirements may be requested on a case-by-case basis. Certain nonresident members may be exempt by filing Form NRC-Exempt, including REITs, exempt organizations, insurance companies subject to premiums tax, and pre-approved tiered structures. Citation: https://library.partnertax.ai/us-al/forms/Form_65_Instructions#what-s-new","Yes, required (Form PTE-C) Alabama requires a partnership or other Subchapter K entity to file a composite return and make composite payments on behalf of its nonresident owners or members if there are one or more nonresident owners or members at any time during the taxable year. The composite return is filed using Form PTE-C (Nonresident Composite Payment Return). Citation: https://library.partnertax.ai/us-al/forms/Form_65_Instructions?c=1#what-s-new",—,"An extension of time to file an income tax return allowed by federal income tax purposes will be recognized for Alabama purposes. Alabama recognizes federal filing extensions for partnerships. The extension is automatic when allowed federally. However, the extension applies to filing time only, not to payment time; taxes remain due on the original due date. Citation: https://library.partnertax.ai/us-al/forms/Form_65_Instructions#general-instructions","Schedule K-1 (Form 65) Alabama requires partnerships and LLCs to issue a completed Alabama Schedule K-1 for each partner/owner reporting that partner's share of income apportioned and allocated to Alabama, as well as the partner's share of income from all sources for resident partners. Citation: https://library.partnertax.ai/us-al/forms/Form_65_Instructions#general-instructions","Form 20C C corporations file Form 20C — Corporation Income Tax Return for Alabama corporate income tax purposes. Additionally, C corporations must file Form CPT for Alabama Business Privilege Tax if the privilege tax due exceeds $100. Citation: https://library.partnertax.ai/us-al/forms/Form_20C_Instructions#instructions","6.5% Alabama imposes a corporate income tax on C corporations at a flat rate of 6.5% of taxable income. This is the primary corporate income tax; Alabama also imposes a separate Business Privilege Tax on net worth, which is not a corporate income tax. Citation: https://library.partnertax.ai/us-al/stat/40-18-31#a","May 15 For calendar year and fiscal year 2025, Alabama Form 20C (C corporation income tax return) is due one month after the federal return due date, per Act 2022-53, which provides a filing extension. The statute requires returns to be filed by the same date as federal returns, but the form instructions clarify that the one-month extension applies for filing purposes only; the full tax liability remains due on the original federal due date without the extension benefit. Citation: https://library.partnertax.ai/us-al/forms/Form_20C_Instructions?c=1#general-information-for-c-corporations","$100 minimum (Form CPT) Alabama Act 2022-252 amends Section 40-14(A)-22 to establish that for taxable year 2025, taxpayers who would be subject to the minimum tax of one hundred dollars ($100) do not have a filing requirement. This applies to C-corporations filing Form CPT (Business Privilege Tax). Citation: https://library.partnertax.ai/us-al/forms/Form_CPT_BPT_Instructions?c=1#alabama-business-privilege-tax-see-section-40-14a-22-code-of","Single sales factor Alabama apportions multistate C corporation income using a single sales factor formula. The apportionment factor is calculated as Alabama Sales divided by total Everywhere Sales, as stated in the Form 20C instructions for Schedule D-1 and confirmed in the Form 20S instructions for S corporations under the same statutory framework. Citation: https://library.partnertax.ai/us-al/forms/Form_20C_Instructions?c=1#instructions-for-schedule-d-1","Elective consolidated (otherwise separate) Alabama Code Section 40-18-39(c) permits affiliated groups to make a consolidated filing election. Form 20C-C instructions state the form ""must be filed by or on behalf of the members of the Alabama affiliated group in accordance with Alabama Code Section 40-18-39, when a Consolidated Filing election has been made."" Members not electing consolidated filing file separate returns on Form 20C with filing status 1-4. The statute also provides that nothing in the section ""shall be construed as allowing or requiring the filing of a combined income tax return under the unitary business concept,"" confirming that combined reporting is not required. Citation: https://library.partnertax.ai/us-al/forms/Form_20C_Instructions?c=1#general-information-for-c-corporations","15-year carryforward, no carryback For taxable years beginning after December 31, 1984, Alabama allows corporations to carry forward net operating losses for a maximum of 15 years with no carryback provision. The Form 20C instructions state: 'For taxable years beginning after December 31, 1984, a net operating loss may be carried forward for a maximum of 15 years. There is no provision in Alabama tax law that allows corporations to carry a net operating loss back to prior taxable years.' Citation: https://library.partnertax.ai/us-al/forms/Form_20C_Instructions?c=1#instructions-for-schedule-b","The 15th day of the 4th month of the taxable year, the 15th day of the 6th month of the taxable year, the 15th day of the 9th month of the taxable year, and the 15th day of the 12th month of the taxable year For C corporations with Alabama income tax liability in excess of $500, estimated tax payments are due in four equal quarterly installments of 25 percent of the required annual payment on these dates. Citation: https://library.partnertax.ai/us-al/forms/Form_20C_Instructions?c=1#general-information-for-c-corporations","One month following the due date of the corresponding federal income tax return, including applicable extensions; automatic Ala. Code § 40-18-39.2(a)(1) provides that for tax years beginning on or after January 1, 2021, a corporate income taxpayer is allowed one month following the due date of the corresponding federal income tax return, including applicable extensions, to file the Alabama corporate income tax return. This extension is automatic and applies to calendar-year 2025 filers. However, the extension applies to filing only, not payment: the full tax liability remains due on the original due date without benefit of the filing extension. Citation: https://library.partnertax.ai/us-al/stat/40-18-39.2?c=1#1","Form 40 Form 40 is the Resident Individual Income Tax Return for Alabama. The evidence identifies it as 'Form 40 — Resident Individual Income Tax Return' used by resident individuals to file their state personal income tax returns. Citation: https://library.partnertax.ai/us-al/forms/Form_40_Instructions?c=1#pensions-and-annuities","5% (top bracket rate) Alabama uses graduated tax brackets. The top marginal rate of 5% applies to taxable income in excess of $3,000 for single persons, head of family, and married persons filing separate returns, and to taxable income in excess of $6,000 for married persons filing joint returns. Citation: https://library.partnertax.ai/us-al/stat/40-18-5#1","April 15 Alabama individual income tax returns must be filed by the same date as the corresponding federal income tax returns are required to be filed under federal law. For calendar year 2025 returns, this is April 15, 2026. Citation: https://library.partnertax.ai/us-al/stat/40-18-27?c=1#c","October 15 Alabama automatically grants an extension until October 15, 2026 for individual resident income tax returns without requiring a separate extension request. The extension applies to filing only, not to payment of tax due. Citation: https://library.partnertax.ai/us-al/forms/Form_40_Instructions?c=1#filing","April 15, June 15, September 15, January 15 Form 40ES instructions establish the quarterly estimated tax payment schedule for Alabama individuals for tax year 2025. The schedule shows payments due on April 15, June 15, September 15, and January 15, with each payment representing 1/4, 1/3, 1/2, and all of line 11 respectively as requirements are met. Citation: https://library.partnertax.ai/us-al/forms/Form_40ES_Individual_Estimated?c=1#instructions","$3,000 For tax year 2025, single taxpayers with adjusted gross income of less than $25,500 are allowed a standard deduction of $3,000, which is reduced by $25 for each $500 of adjusted gross income in excess of $25,500, but not less than $2,500. Citation: https://library.partnertax.ai/us-al/stat/40-18-15?c=1#4-2","over $3,000 For a single person, the top marginal rate of 5% applies to taxable income in excess of $3,000. Alabama has a three-bracket progressive tax system with rates of 2%, 4%, and 5%. Citation: https://library.partnertax.ai/us-al/stat/40-18-5#1","Form 40NR Nonresident individuals file Form 40NR. Part-year residents file both Form 40 (for the resident period) and Form 40NR (for the nonresident period). Citation: https://library.partnertax.ai/us-al/forms/Form_40NR_Instructions#section-2" AK,Alaska,"Form 6900 Partnerships and LLCs treated as partnerships that conduct business in Alaska (have nexus) and have at least one partner that is a corporation or another partnership must file Form 6900. Partnerships with only natural persons or effectively treated natural persons as partners are not required to file. Citation: https://library.partnertax.ai/us-ak/forms/6900#who-must-file","March 16 Alaska partnership returns must be filed within 30 days of the federal due date, not necessarily the 15th day of the month following the federal due date. A federal extension automatically extends the Alaska filing due date to 30 days after the federal extended due date. Citation: https://library.partnertax.ai/us-ak/forms/6900#when-to-file","None (no PTE election) Alaska imposes no pass-through entity tax and therefore no PTE rate. Form 6900 is an information return only; it contains no entity-level tax election. Citation: https://library.partnertax.ai/us-ak/no-tax/pass-through-entity-regimes#partnership-pte-tax-rate","None (no PTE election) Alaska imposes no pass-through entity tax and therefore no PTE election or election deadline exists. Citation: https://library.partnertax.ai/us-ak/no-tax/pass-through-entity-regimes#pte-election-deadline","None (no withholding requirement) Alaska imposes no withholding on a nonresident owner's distributive share of pass-through income. There is no nonresident withholding rate, no waiver or exemption certificate, no nonresident owner agreement, and no entity-level remittance obligation on behalf of an owner. Citation: https://library.partnertax.ai/us-ak/no-tax/pass-through-entity-regimes#nonresident-withholding","None (no composite return) Alaska has no composite return. A partnership, LLC, or S corporation cannot file a single Alaska return on behalf of its nonresident individual owners, because those owners have no Alaska income tax liability to be consolidated. There is correspondingly no composite filing election, no composite return form, no minimum participation requirement, and no composite tax rate. Citation: https://library.partnertax.ai/us-ak/no-tax/pass-through-entity-regimes#composite-return","None (no annual fee stated in the partnership return instructions) Form 6900 instructions set out filing and payment requirements in full, including filing deadlines, required attachments, penalties for failure to file, and schedules to complete, but state no annual fee, fixed tax, or minimum tax on partnerships or LLCs taxed as partnerships. Citation: https://library.partnertax.ai/us-ak/forms/6900?c=1#when-to-file","October 15 The extension is automatic when a federal extension is in effect. The partnership must check the appropriate box on Form 6900, page 1, and attach a copy of the federal extension. Citation: https://library.partnertax.ai/us-ak/forms/6900#extension-of-time-to-file","Form 6900, Schedule K-1 Alaska requires partnerships with corporate or partnership partners to issue Form 6900, Schedule K-1 to each partner that is not a natural person or effectively treated as a natural person, reporting that partner's distributive share of income and other items. Citation: https://library.partnertax.ai/us-ak/forms/6900#form-6900-schedule-k-1","Form 6000 C corporations file the Alaska Corporation Net Income Tax Return on Form 6000. The form is due on the 15th day of the fifth month after the end of the tax year for C corporations generally. Citation: https://library.partnertax.ai/us-ak/forms/6000#return-due-dates","9.4% Alaska imposes graduated corporate income tax rates. The top marginal rate of 9.4% applies to taxable income of $222,000 or more. Citation: https://library.partnertax.ai/us-ak/stat/43.20.011#e","15th of the fifth month For C Corporations generally. The Alaska return must be filed on the 15th day of the month following the federal due date. For calendar-year filers, this corresponds to the 15th of the fifth month after the close of the taxable year. Citation: https://library.partnertax.ai/us-ak/forms/6000#return-due-dates","None (no minimum tax stated in the corporate return instructions) The Alaska Form 6000 Instructions (2025) for C corporations set out the tax computation using a graduated rate table with brackets from $0 to $222,000 or more, applying rates from 0% to 9.4%, with no minimum tax, fixed-dollar charge, or floor appearing in the computation. Citation: https://library.partnertax.ai/us-ak/forms/6000?c=1#tax-rate-table","Three-factor (property, payroll, sales) Alaska applies a three-factor apportionment formula consisting of property, payroll, and sales factors. The regulation states: ""The elements of the apportionment formula are the property factor (see 15 AAC 19.141 - 15 AAC 19.202), the payroll factor (see 15 AAC 19.211 - 15 AAC 19.241), and the sales factor (see 15 AAC 19.251 - 15 AAC 19.302), of the trade or business of the taxpayer."" This applies to general corporations; oil and gas corporations use a modified two-factor formula (property and sales, or property and extraction). Citation: https://library.partnertax.ai/us-ak/regs/19.131?c=1","Mandatory unitary combined reporting Alaska requires affiliated groups that are part of a unitary business to file using the water's edge combined reporting method. Members of a federal consolidated group must file a consolidated Alaska return. Non-federal-consolidated unitary businesses may elect to file a consolidated Alaska return. Citation: https://library.partnertax.ai/us-ak/stat/43.20.145#a","Federal Internal Revenue Code period governs; Alaska imposes no separate NOL carryforward or carryback period. NOL computed on Alaska combined-report, apportioned basis. For tax years beginning after 12/31/2017, NOL carryforward is limited to 80% of taxable income per Schedule K calculation. Alaska adopts the federal NOL rules under AS 43.20.021 but applies them to Alaska's combined-report, apportioned income rather than federal taxable income. Citation: https://library.partnertax.ai/us-ak/no-tax/corporation-net-operating-loss#coverage-and-verification","15th of the fourth month For C Corporations generally. Alaska also requires estimated tax payments under IRC Section 6655, with special rules for tax years ending in June (September 15 for tax year ending June 20x1). Citation: https://library.partnertax.ai/us-ak/forms/6000#payment-due-dates","15th of the eleventh month (automatic extension when federal extension is in effect) The extension is automatic when a federal extension is granted. A federal extension automatically extends the Alaska filing due date to the 15th day of the month following the federal extended due date. The extension must be reported by checking the applicable box on Form 6000, page 1. An extension of time to file is not an extension of time to pay. Citation: https://library.partnertax.ai/us-ak/forms/6000#return-due-dates","None (no individual income tax) Alaska does not impose an individual income tax. AS 43.20.012(a) provides that the tax imposed by the Alaska Net Income Tax Act 'does not apply to (1) an individual; (2) a fiduciary.' There is no Alaska individual income tax form, no equivalent of federal Form 1040, and the Alaska Department of Revenue Tax Division publishes no individual income tax return. Citation: https://library.partnertax.ai/us-ak/no-tax/individual-income-tax#summary","None (no individual income tax) Derived from individual_filing_form for Alaska, which cites a source stating the jurisdiction imposes no individual tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-ak/no-tax/individual-income-tax#summary","None (no individual income tax) Derived from individual_filing_form for Alaska, which cites a source stating the jurisdiction imposes no individual tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-ak/no-tax/individual-income-tax#summary","None (no individual income tax) Derived from individual_filing_form for Alaska, which cites a source stating the jurisdiction imposes no individual tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-ak/no-tax/individual-income-tax#summary","None (no estimated payments required) Alaska does not impose an individual income tax. AS 43.20.012(a) provides that the tax imposed by the Alaska Net Income Tax Act 'does not apply to (1) an individual; (2) a fiduciary.' Therefore, there is no individual estimated tax regime. Citation: https://library.partnertax.ai/us-ak/no-tax/individual-income-tax#summary","None (no individual income tax) Alaska does not impose an individual income tax. AS 43.20.012(a) provides that the tax imposed by the Alaska Net Income Tax Act does not apply to individuals. Citation: https://library.partnertax.ai/us-ak/no-tax/individual-income-tax#summary","None (no individual income tax) Alaska does not impose an individual income tax. The tax was repealed effective 1980. AS 43.20.012(a) provides that the tax imposed by the Alaska Net Income Tax Act 'does not apply to (1) an individual; (2) a fiduciary.' Therefore, there is no top bracket threshold for individual income tax filers. Citation: https://library.partnertax.ai/us-ak/no-tax/individual-income-tax#summary","None (no individual income tax) Alaska does not impose an individual income tax. There is no Alaska individual income tax form, no individual filing form of any kind, and no part-year or nonresident individual return. Citation: https://library.partnertax.ai/us-ak/no-tax/individual-income-tax#summary" AZ,Arizona,"Form 165 Arizona Form 165 is the Arizona Partnership Income Tax Return that partnerships must file for tax year 2025. The form applies to every domestic partnership including syndicates, groups, pools, joint ventures, and every foreign partnership required to file an Arizona Partnership Income Tax Return. Citation: https://library.partnertax.ai/us-az/forms/165?c=1#general-instructions","March 16 Arizona Form 165 (Partnership Income Tax Return) instructions state that all partnership returns are due on or before the 15th day of the third month following the close of the partnership's taxable year, with an example that a partnership with a December 31st year-end must file by March 15th of the following year. Citation: https://library.partnertax.ai/us-az/forms/165?c=1#general-instructions","2.5% Arizona allows partnerships to elect to have pass-through income taxed at the entity level at a rate of 2.5% for tax year 2025. The rate applies to income attributable to resident partners and income derived from Arizona sources attributable to nonresident partners. Citation: https://library.partnertax.ai/us-az/forms/165?c=1#general-instructions","With the timely filed return The PTE election must be made on the partnership Arizona income tax return, Arizona Form 165, and the election is made by checking a box on that return (Line A). Since the election is made on the return itself and ordinary filing requirements and extensions apply to electing entities, the deadline is the timely filed return's due date. Citation: https://library.partnertax.ai/us-az/forms/165?c=1#general-instructions","2.5% on distributive income of nonresident partners that did not opt out of the partnership's PTE election; composite return filing available for nonresident partners who opted out Arizona imposes a 2.5% pass-through entity (PTE) tax on income attributable to nonresident partners who did not opt out of the partnership's PTE election. The partnership calculates this tax at the entity level and distributes it to each nonresident partner based on that partner's share of partnership income taxable in Arizona. Alternatively, a composite return on Arizona Form 140NR may be filed on behalf of qualifying nonresident individual partners who opted out of the PTE election, provided there are at least ten participating members. Citation: https://library.partnertax.ai/us-az/forms/165?c=1#line-24","Yes, elective (Form 140NR) Arizona allows partnerships to file a composite return on Form 140NR for nonresident partners, but only under specific conditions: if the partnership is not making the PTE election, it may file a composite return for its nonresident partners; if the partnership is making the PTE election and a portion of its nonresident partners opt out, it may file a composite return only for those nonresident partners who opted out, provided a minimum of 10 nonresident partners are included. Citation: https://library.partnertax.ai/us-az/forms/165?c=1#specific-instructions","None (no entity-level tax; informational return only) Partnerships that do not make the Pass-Through Entity (PTE) election file an informational return subject only to a late-filing or incomplete-filing penalty, not an annual entity-level fee or tax. Partnerships making the PTE election pay tax at the entity level at a 2.5% rate on partnership income, but this is an income-based tax, not a fixed annual fee. Citation: https://library.partnertax.ai/us-az/forms/165#line-7-penalty-for-late-filing-or-incomplete-filing","six months after the original due date (automatic if 90% of tax liability is paid by original due date and extension request is filed by original due date) Arizona grants an automatic extension of six months for partnership returns when the taxpayer pays at least 90% of tax liability by the original due date and files Form 120/165EXT or a valid federal extension by the original due date. The extension request must be postmarked or received by the original due date of the return. Citation: https://library.partnertax.ai/us-az/forms/120-165-ext?c=1#check-one-box","Schedule K-1 and Schedule K-1(NR) Arizona partnerships issue Schedule K-1 to resident, part-year resident, and resident estate and trust partners, and Schedule K-1(NR) to all other partners (nonresident individual partners, nonresident estate partners, nonresident trust partners, partnership partners, and corporate partners), each reporting that partner's share of partnership income adjustments. Citation: https://library.partnertax.ai/us-az/forms/165?c=1#arizona-form-165-schedule-s-k-1-nr","Form 120 Arizona Form 120 is the state corporate income tax return form that C corporations file for the 2025 tax year. Citation: https://library.partnertax.ai/us-az/forms/120?c=1#general-instructions","4.9% Arizona Form 120 instructions for tax year 2025 state that C corporations multiply taxable income by 4.9% to compute Arizona tax, with a minimum tax of $50. Citation: https://library.partnertax.ai/us-az/forms/120?c=1#line-16-arizona-tax","April 15 Arizona Form 120 instructions state that C corporation returns are due by the 15th day of the 4th month following the close of the taxable year, which for calendar-year filers corresponds to April 15. Citation: https://library.partnertax.ai/us-az/forms/120?c=1#filing-original-returns","$50 minimum tax (Form 120) Every corporation required to file a return shall pay a $50 minimum tax. The minimum tax is imposed on the single taxpayer rather than on each corporation within the group for combined or consolidated returns. Citation: https://library.partnertax.ai/us-az/forms/120?c=1#line-16-arizona-tax","Multistate corporations may choose between two formulas: (1) Standard apportionment with double-weighted sales factor, or (2) Sales factor only apportionment. Air carriers use revenue miles apportionment. For non-air carrier multistate C corporations, Arizona offers two elective apportionment methods. The standard formula uses (property factor + payroll factor + two times the sales factor) divided by four. The sales factor only formula divides Arizona sales by everywhere sales. Air carriers must use revenue miles apportionment under A.R.S. § 43-1139. Citation: https://library.partnertax.ai/us-az/forms/120?c=1#schedule-aca-air-carrier-apportionment-formula","Mandatory unitary combined reporting A unitary group of corporations is required to file a combined return. Evidence e3 states: 'A corporation files on a combined basis when it is part of a unitary group of corporations, unless the affiliated group elects to file an Arizona consolidated return.' This establishes that unitary groups must file combined returns unless they affirmatively elect consolidated treatment instead. Citation: https://library.partnertax.ai/us-az/forms/120?c=1#2-combined-return","20-year carryforward, no carryback For taxable years beginning from and after December 31, 2011, an NOL may carry forward to the next 20 succeeding taxable years. The evidence does not state any carryback allowance for Arizona corporations. Citation: https://library.partnertax.ai/us-az/forms/120?c=1#line-13-arizona-income-before-net-operating-loss","the 15th day of the 4th, 6th, 9th, and 12th months of the taxable year All corporate taxpayers (C corporations) are required to make Arizona corporate estimated tax payments by these four dates in their taxable year, with payments considered timely if made on the next business day when the due date falls on a weekend or legal holiday. Citation: https://library.partnertax.ai/us-az/forms/120-165-es?c=1#line-3-installment-due-dates","Seven months after the original due date (automatic extension) For C corporations filing Form 120, Arizona grants an automatic extension of seven months from the original due date. The extension is automatic when the taxpayer pays at least 90% of tax liability by the original due date and files Form 120/165EXT by the original due date, or uses a valid federal extension. Citation: https://library.partnertax.ai/us-az/forms/120?c=1#arizona-department-of-revenue","Form 140 Arizona Form 140 is the Resident Personal Income Tax Return for 2025, the primary state income tax return form that resident individuals file for the tax year. Citation: https://library.partnertax.ai/us-az/forms/140?c=1#line-75-political-party","2.5% (flat rate) Arizona applies a flat 2.5% tax rate to Arizona taxable income for all individual taxpayers. Form 140 (Resident Personal Income Tax Return) instructs to multiply line 45 (Arizona Taxable Income) by 2.5% (.025) to calculate the tax amount on line 46. Citation: https://library.partnertax.ai/us-az/forms/140?c=1#line-45-arizona-taxable-income","April 15 For calendar year 2025 filers, the Arizona individual income tax return is due no later than midnight April 15, 2026. Fiscal year filers have until the 15th day of the fourth month following the close of their fiscal year. Citation: https://library.partnertax.ai/us-az/forms/140?c=1#when-should-you-file","October 15 Arizona grants an automatic 6-month extension to October 15, 2026 for calendar year 2025 returns when Form 204 is filed by the original due date of April 15, 2026. Arizona also accepts valid federal extensions for the same period. The extension is automatic upon filing Form 204 and does not require separate approval. Citation: https://library.partnertax.ai/us-az/forms/204?c=1#when-to-file-form-204","April 15, June 15, September 15, January 15 Arizona Form 140ES specifies that calendar year filers must make four equal estimated tax installments on these dates for tax year 2026: Payment 1 April 15, 2026; Payment 2 June 15, 2026; Payment 3 September 15, 2026; Payment 4 January 15, 2027. These are the standard quarterly estimated payment due dates for individual residents. Citation: https://library.partnertax.ai/us-az/forms/140es?c=1#payments","$15,750 Arizona Form 140 (Resident Personal Income Tax Return) 2025 instructions specify the standard deduction for single filers as $15,750. Citation: https://library.partnertax.ai/us-az/forms/140?c=1#line-43-itemized-deductions-or-standardized","Flat rate (applies to all taxable income) Arizona imposes a flat 2.5% tax rate on all taxable income for individual residents, with no graduated brackets or top bracket threshold. The tax is calculated by multiplying Arizona taxable income by 2.5% (.025) for all filing statuses. Citation: https://library.partnertax.ai/us-az/forms/140?c=1#line-45-arizona-taxable-income","Form 140NR Arizona Form 140NR is the Nonresident Personal Income Tax Return filed by nonresident individuals for the 2025 tax year. Citation: https://library.partnertax.ai/us-az/forms/140nr?c=1#preamble" AR,Arkansas,"Form AR1050 Partnerships file Form AR1050 (Arkansas Partnership Income Tax Return). The evidence consistently refers to this form as the partnership return form. Schedule K (Partners' Distributive Share Items) is completed as part of Form AR1050, and Schedule AR K-1 is provided to each partner to report their distributive share. Citation: https://library.partnertax.ai/us-ar/forms/PartnershipTax_Instructions?c=1#deductions","April 15 Arkansas has adopted April 15th as the due date for calendar year filers for tax years beginning on or after January 1, 2016. The regulation states the due date as the fifteenth day of the fourth month following the close of the pass-through entity's tax year, which for calendar year partnerships equals April 15. Citation: https://library.partnertax.ai/us-ar/regs/63-106?c=1#B-2-2","3.9% (highest individual income tax rate for ordinary income; capital gains taxed at 1.95%) For tax years beginning on or after January 1, 2022, the PET tax rate equals the highest income tax rate for individuals on ordinary income, with capital gains taxed at one half that rate. For 2025, the rate on income other than capital gains is 3.9% and the rate on capital gains is 1.95%. Citation: https://library.partnertax.ai/us-ar/forms/AR1100PET_Instructions?c=1#arkansas-elective-pass-through-entity-tax","Prior to the due date or extended due date for the pass-through entity tax return The election must be made annually by all members and may be made on forms AR362-E or by completing forms on ATAP. If the entity receives an extension to file the income tax return, the election must be made prior to the extended due date. Citation: https://library.partnertax.ai/us-ar/regs/133-103?c=1#2","Required at the highest income tax rate levied under Arkansas Code §§ 26-51-201 and 26-51-202 on the Arkansas portion of taxable income distributed to nonresident partners. Withholding can be satisfied through a composite return filing (AR1000-CR) on behalf of nonresident partners. Arkansas requires pass-through entities to withhold at the highest income tax rate on distributions of taxable income to nonresident members with respect to Arkansas source income. The withholding requirement can be satisfied by filing a composite income tax return (AR1000-CR) on behalf of eligible nonresident partners, or by withholding and filing Form AR941PT with Form AR1099PT for each nonresident member. Citation: https://library.partnertax.ai/us-ar/regs/63-103?c=1#1","Yes, elective (Form AR1000CR) Nonresident partners may elect to be included in a composite return filed by the partnership. Permission must be obtained from an Individual Income Tax Section Manager before filing. Citation: https://library.partnertax.ai/us-ar/forms/CompositeTaxReturn_Instructions?c=1#general-instructions",—,"October 15 Form AR1055-PE allows an automatic extension of time to file partnership returns, extending the filing date to October 15th. This represents a 180-day extension from the original April 15th due date for calendar year filers. The extension is automatic when Form AR1055-PE is filed electronically; federal extensions are automatically honored as valid state extensions. Citation: https://library.partnertax.ai/us-ar/forms/AR1055-PE_Instructions?c=1#instr-instructions-for-form-ar1055-pe","Schedule AR K-1 (Partnership) Arkansas issues Schedule AR K-1 (Partnership) to report each partner's share of income, loss, deductions, credits, and other items from a pass-through entity with activity in Arkansas. The schedule uses two columns: Column (a) for resident total amounts and Column (b) for Arkansas-source amounts for nonresidents and part-year residents. Citation: https://library.partnertax.ai/us-ar/forms/AR_K-1_Partnership_Instructions?c=1#what-s-new-for-2025","Form AR1100CT C corporations file Form AR1100CT for Arkansas corporation income tax. The form is referenced throughout the official instructions as the primary return for domestic and foreign corporations subject to Arkansas corporate income tax. Citation: https://library.partnertax.ai/us-ar/forms/CorporationIncomeTax_Instructions?c=1#contents","4.3% Act 4 of the second Extraordinary Session of 2024 reduced the maximum corporation income tax rate to 4.3% for all taxable income exceeding $11,000 for tax years beginning on or after January 1, 2024, which applies to tax year 2025. Citation: https://library.partnertax.ai/us-ar/forms/CorporationIncomeTax_Instructions?c=1#tax-year","April 15 For calendar year filers. The due date is the 15th day of the 4th month following the close of the tax year for all filers. Citation: https://library.partnertax.ai/us-ar/forms/CorporationIncomeTax_Instructions?c=1#arkansas",—,"Single sales factor For tax years beginning on or after January 1, 2021, all multistate corporations use single sales factor only, unless required to use an approved alternative apportionment method. Special industries (construction, pipelines, private railcar operators, bus lines, trucking companies, airlines, television and radio broadcasting, publishers) use sales factor only as modified in regulations. Railroads may use either single sales factor or three-factor double-weighted sales apportionment method beginning tax years effective January 1, 2023. Financial institutions must use single sales factor per Arkansas Codes Annotated 26-51-1403. Citation: https://library.partnertax.ai/us-ar/forms/CorporationIncomeTax_Instructions#general-instructions-2","Elective consolidated (otherwise separate) Arkansas permits affiliated groups filing federal consolidated returns to elect to file Arkansas consolidated returns. Members of the federal consolidated group that have gross income from Arkansas sources are eligible. In the absence of such election, corporations file separately. Citation: https://library.partnertax.ai/us-ar/forms/CorporationIncomeTax_Instructions?c=1#who-must-file","10-year carryforward for losses beginning in 2021 or later; 8-year carryforward for losses in 2020; 5-year carryforward for losses before 2020. No carryback allowed. For tax year 2025, NOL carryforward is 10 years. Arkansas does not allow carryback of NOL. Losses must be claimed in the first year available and cannot be foregone. Citation: https://library.partnertax.ai/us-ar/forms/AR1100NOL_Instructions?c=1#preamble","the 15th day of the 4th month, 6th month, 9th month and 12th month of the tax year For calendar-year filers, these dates correspond to April 15, June 15, September 15, and December 15. Corporations with estimated quarterly Arkansas income tax liability exceeding $20,000 are required to pay by electronic funds transfer (EFT) no later than the day before each quarterly due date. Citation: https://library.partnertax.ai/us-ar/forms/CorporationIncomeTax_Instructions?c=1#who-must-file","30 days after the due date of the federal return, plus an additional 60 days if requested before the federal extended due date; or 180 days from the original due date if requesting an initial Arkansas extension Automatic extension: 30 days after federal Form 7004 due date. Additional extension: up to 60 days beyond the automatic federal extension due date (requested via Form AR1155). Initial Arkansas extension: 180 days from original due date (requested via Form AR1155). A second extension of 30, 60, or 90 days may be granted for extraordinary circumstances. Citation: https://library.partnertax.ai/us-ar/forms/CorporationIncomeTax_Instructions?c=1#who-must-file","AR1000F Full year residents of Arkansas file Form AR1000F. Nonresidents and part-year residents file Form AR1000NR. Citation: https://library.partnertax.ai/us-ar/forms/AR1000F_AR1000NR_Instructions?c=1#preamble","3.9% (top bracket rate) Arkansas applies a flat individual income tax rate of 3.9% for tax year 2025, as amended by Act 4 of the Second Extraordinary Session of 2024. This is the maximum individual income tax rate and applies to all taxable income. Citation: https://library.partnertax.ai/us-ar/forms/AR1000F_AR1000NR_Instructions?c=1#special-information-for-tax-year-2025","April 15 For calendar year filers. Fiscal year filers must file on or before the fifteenth day of the fourth month following the close of the fiscal year. Citation: https://library.partnertax.ai/us-ar/forms/AR1000F_AR1000NR_Instructions?c=1#penalties-interest","November 15 Arkansas honors federal extensions automatically. Filing a federal automatic extension (Form 4868) grants a 210-day extension to November 15th for calendar-year filers without requiring a separate Arkansas request. Alternatively, taxpayers may file Form AR1055-IT to request an Arkansas extension, which also extends the filing deadline to November 15th. The extension applies only to the filing deadline; payment of tax due remains due by the original date (April 15th for calendar-year filers) to avoid failure-to-pay penalties. Citation: https://library.partnertax.ai/us-ar/forms/AR1055-IT_Instructions?c=1#instr-instructions-for-form-ar1055-it","April 15, June 15, September 15, January 15 Quarterly estimated tax payment due dates for individuals in Arkansas for tax year 2025. The dates are derived from penalty computation examples showing the required installment dates. Citation: https://library.partnertax.ai/us-ar/forms/AR2210_Instructions?c=1#penalty-computation-example","$2,470 Citation: https://library.partnertax.ai/us-ar/forms/AR1000F_AR1000NR_Instructions?c=1#tax-computation","over $25,000 Arkansas has a graduated individual income tax rate structure. The top marginal rate of 7% applies to taxable income over $25,000. For 2025, marginal rates are 3.9% as amended, but the bracket threshold structure remains based on the $25,000 threshold. Citation: https://library.partnertax.ai/us-ar/regs/100-153?c=1#A-2-2","AR1000NR Part-year residents also file Form AR1000NR. Citation: https://library.partnertax.ai/us-ar/forms/AR1000F_AR1000NR_Instructions?c=1#preamble" CA,California,"Form 565 California Partnership Return of Income. Partnerships file Form 565 to report income, deductions, gains, losses, etc., from the operation of a partnership. Schedule K-1 (565) must be attached for each partner. Citation: https://library.partnertax.ai/us-ca/forms/565-2025#preamble","March 15 For calendar year 2025, the due date is March 15, 2026. For fiscal year partnerships, the due date is the 15th day of the 3rd month following the close of the taxable year. When the due date falls on a weekend or holiday, the deadline is extended to the next business day. Citation: https://library.partnertax.ai/us-ca/forms/565-booklet-2025#franchise-tax-board","9.3% For taxable years beginning on or after January 1, 2021, and before January 1, 2026, California law allows an entity taxed as a partnership to annually elect to pay an elective tax at a rate of 9.3% based on its qualified net income. Citation: https://library.partnertax.ai/us-ca/forms/565-booklet-2025?c=1#limited-liability-companies-llcs-classified-as-partnerships-","With the timely filed return For taxable years beginning on or after January 1, 2021, and before January 1, 2026, the election shall be made on an original, timely filed return and is irrevocable for the taxable year. The election is made by completing Form FTB 3804 (Pass-Through Entity Elective Tax Calculation) and attaching it to Form 565 (partnership return). For calendar year 2025, the timely filed return deadline is March 15, 2026, with an automatic seven-month extension available. Citation: https://library.partnertax.ai/us-ca/forms/565-booklet-2025?c=1#limited-liability-companies-llcs-classified-as-partnerships-","7% on distributions to domestic (U.S.) nonresident partners; 8.84% for foreign C corporations, 12.3% for foreign individuals, partnerships, and fiduciaries (plus 1% on income over $1 million for non-corporate foreign partners) California requires partnerships to withhold at a rate of 7% of distributions (including property) of income from California sources made to domestic nonresident partners. For foreign (non-U.S.) nonresident partners, the withholding rate is 8.84% for C corporations and 12.3% for individuals, partnerships, and fiduciaries, with an additional 1% tax rate on income over $1 million for non-corporate foreign partners. Withholding is not required if distributions are $1,500 or less during the calendar year, if the distribution is a return of capital, or if the FTB directs the payer not to withhold. The FTB has administrative authority to allow reduced withholding rates, including waivers, when requested in writing. Citation: https://library.partnertax.ai/us-ca/forms/565-booklet-2025?c=1#domestic-u-s-nonresident-partners","Yes, elective (Form 540NR) Nonresident partners of a partnership may elect to file a group nonresident return on Form 540NR, which is also known as a composite return. The election is available to nonresident partners, nonresident members, and nonresident shareholders of a partnership, limited liability company, or S corporation that does business in California or has income from California sources. Citation: https://library.partnertax.ai/us-ca/forms/540nr-booklet-2025?c=1#group-nonresident-return","$800 annual tax (Form 565) California imposes an $800 annual tax on limited partnerships, limited liability partnerships, REMICs, and LLCs if they are doing business in California, registered in California, or organized in California. The tax is paid with Form 565, Partnership Return of Income. Citation: https://library.partnertax.ai/us-ca/forms/565-booklet-2025?c=1#e-when-and-where-to-file","Automatic seven month extension The extension is automatic and does not require a written request. However, the automatic extension does not extend the time to pay the $800 annual tax. Citation: https://library.partnertax.ai/us-ca/forms/565-booklet-2025#franchise-tax-board-10","Schedule K-1 (565) California requires partnerships to issue Schedule K-1 (565) to each partner, which shows each partner's distributive share of partnership income, deductions, gains, or losses under California law. Citation: https://library.partnertax.ai/us-ca/forms/565-2025?c=1#amount-due-or-refund","Form 100 C corporations file Form 100, California Corporation Franchise or Income Tax Return. Corporations filing on a water's-edge basis use Form 100W instead. S corporations use Form 100S. Citation: https://library.partnertax.ai/us-ca/forms/100-booklet-2025#general-information","8.84% This is the general corporate income/franchise tax rate for C corporations. Financial corporations are subject to a higher rate of 10.84%. Citation: https://library.partnertax.ai/us-ca/rtc/23151#e","April 15 Form 100 (California Corporation Franchise or Income Tax Return) for C corporations must be filed on or before this date, unless the return is for a short period. This applies to calendar-year filers and those with fiscal years. Citation: https://library.partnertax.ai/us-ca/forms/100-booklet-2025?c=1#e-when-to-file","$800 minimum franchise tax (Form 100) All C corporations subject to the franchise tax and doing business in California must pay at least $800 minimum franchise tax regardless of income, as stated in the Form 100 Booklet (2025) instructions for corporations. The minimum applies whether the corporation is active, inactive, operates at a loss, or files a short-period return. Exceptions exist for certain entities (newly formed corporations in their first taxable year, non-profit farm cooperatives, credit unions, exempt organizations, and others), but the standard minimum for all other corporations subject to franchise tax is $800. Citation: https://library.partnertax.ai/us-ca/forms/100-booklet-2025?c=1#c-minimum-franchise-tax","Single sales factor R&TC Section 25128.7 requires all business income of an apportioning trade or business, other than an apportioning business under R&TC Section 25128(b), to apportion its business income using the single-sales factor formula. Section 25128(b) provides an alternative three-factor formula (property, payroll, and sales) for apportioning trades or businesses that derive more than 50 percent of gross business receipts from qualified business activities. Citation: https://library.partnertax.ai/us-ca/forms/100-booklet-2025?c=1#r-apportionment-of-income","Mandatory unitary combined reporting When two or more corporations are engaged in a unitary business and derive income from sources within and outside of California, the members of the unitary group that are subject to California's franchise or income tax are required to apportion the combined income of the entire unitary group in order to compute the measure of tax. Members of a unitary group may elect to file a single group return by filing Schedule R-7, but when income is derived from both within and outside California sources, combined reporting is mandatory. Citation: https://library.partnertax.ai/us-ca/forms/100-booklet-2025?c=1#s-combined-report","NOL carryforward suspended for 2025 if taxable income $1,000,000 or more; carryforward period extended by one year for losses incurred in taxable years beginning on or after January 1, 2025, and before January 1, 2026; no carryback; loss may not reduce current year income below zero For tax year 2025, California suspends the NOL carryover deduction for corporations with taxable income of $1,000,000 or more. Corporations may continue to compute and carryover an NOL during the suspension period. The carryover period for suspended losses is extended by one year for losses incurred in taxable years beginning on or after January 1, 2025, and before January 1, 2026. The loss may not reduce current year income below zero, and any excess loss must be carried forward. Corporations with taxable income of less than $1,000,000 or with disaster loss carryovers are not affected by the NOL suspension rules. No carryback is permitted. Citation: https://library.partnertax.ai/us-ca/forms/100-booklet-2025?c=1#public-law-86-272","the 15th day of the 4th month of the taxable year, the 15th day of the 6th month of the taxable year, the 15th day of the 9th month of the taxable year, and the 15th day of the 12th month of the taxable year For C corporations filing on a calendar-year basis, estimated tax payments are due in four installments on the dates specified, with the first payment due by the 15th day of the 4th month (and not less than the minimum franchise tax if applicable), and the 2nd, 3rd, and 4th installments due by the 15th day of the 6th, 9th, and 12th months respectively of the taxable year. Citation: https://library.partnertax.ai/us-ca/forms/100-booklet-2025?c=1#k-estimated-tax","15th day of the 11th month after the close of the taxable year; automatic extension For C corporations filing Form 100 on a calendar-year basis, the extended due date is the 15th day of the 11th month after the close of the taxable year. This extension is automatic and does not require a written request. However, the automatic extension does not extend the time for payment of tax; the full amount of tax must be paid by the original due date. Citation: https://library.partnertax.ai/us-ca/forms/100-booklet-2025?c=1#f-extension-of-time-to-file","Form 540 Form 540 is the primary California resident income tax return form. Form 540 2EZ is a simplified alternative for eligible taxpayers, and Form 540NR is used by nonresidents or part-year residents. The task specifies resident individuals, making Form 540 the primary form. Citation: https://library.partnertax.ai/us-ca/forms/540-2025#full","12.30% (top bracket rate) California uses graduated brackets; the highest marginal rate of 12.30% applies to taxable income over $742,953 for single filers (2025 schedules). Repointed by maintainer from the 540NR (nonresident/part-year) booklet to the resident Form 540 booklet: this row's filing form is Form 540, so a reader following the citation should land in the return they actually file. The rate schedules are identical in both booklets, so the value is unchanged. Citation: https://library.partnertax.ai/us-ca/forms/540-booklet-2025#2025-california-tax-rate-schedules","April 15 Cal. Rev. & Tax. Code § 18566 establishes that returns filed on a calendar year basis shall be filed on or before the 15th day of April following the close of the calendar year. The Form 540 Booklet (2025) confirms this due date as April 15, 2026 for the 2025 taxable year. Citation: https://library.partnertax.ai/us-ca/rtc/18566?c=1","October 15 California grants an automatic six-month extension to file; no request form is needed, though tax owed is still due by April 15 (form FTB 3519 is for the payment). Cited to the resident Form 540 booklet rather than the 540NR booklet for the same reason as the rate cell. Citation: https://library.partnertax.ai/us-ca/forms/540-booklet-2025#go-to-ftb-ca-gov-for-more-frequently-asked-que","April 15, June 16, September 15, January 15 These are the quarterly estimated tax payment due dates for California resident individuals for tax year 2025, listed in payment order as stated in the authority. A taxpayer may file their 2025 tax return by January 31, 2026, and pay the entire balance due in lieu of making the fourth installment payment. Citation: https://library.partnertax.ai/us-ca/forms/540-es-instructions-2025#taxpayer-services-center-franchise-tax-board","$5,706 Form 540 Booklet (2025) instructions establish the California standard deduction for single filers at $5,706 for tax year 2025. Citation: https://library.partnertax.ai/us-ca/forms/540-booklet-2025?c=1#standard-deduction","over $445,771 For single filers in 2025, the top marginal rate of 12.30% begins on taxable income over $445,771, as shown in Schedule X of the 2025 California Tax Rate Schedules. Citation: https://library.partnertax.ai/us-ca/forms/540-booklet-2025?c=1#2025-california-tax-rate-schedules","Form 540NR Nonresident or part-year resident individuals file Form 540NR for California individual income tax. Citation: https://library.partnertax.ai/us-ca/forms/540nr-2025#full" CO,Colorado,"DR 0106 Colorado partnerships and S corporations file Form DR 0106 (Partnership and S Corporation Income Tax Return). The form may be filed as a standard return, a composite nonresident return (Part II), or a SALT Parity Act return (Part III). Citation: https://library.partnertax.ai/us-co/forms/dr-0106?c=1#colorado-partnership-and-s-corporation-income-tax-return","April 15 An automatic extension of six months is available (to October 15 for calendar year filers), but no extension is available for payment. Citation: https://library.partnertax.ai/us-co/forms/dr-0106?c=1#due-dates","4.4% (individual income tax rate) C.R.S. § 39-22-344(1) imposes tax on an electing pass-through entity at the rate set forth in section 39-22-301 for the applicable income tax year. The 2025 Colorado individual income tax rate is 4.4%, as shown in the DR 0104 tax table. Citation: https://library.partnertax.ai/us-co/stat/39-22-344?c=1#1","With the timely filed return C.R.S. § 39-22-343(1)(b) provides that the S corporation or partnership shall make the election on the return filed under section 39-22-601, and the filing of that return is binding on all electing pass-through entity owners. The election is made by checking box I on form DR 0106 or by filing form DR 1705 or by marking the SALT Parity Act election box on form DR 0106EP filed with an estimated tax payment. Citation: https://library.partnertax.ai/us-co/stat/39-22-343?c=1#b","4.4% on Colorado-source income of nonresident partners included in a composite return; alternatively, nonresident partners may file a Nonresident Partner or Shareholder Agreement (form DR 0107) to exclude themselves from the composite return and file their own returns. Colorado requires every partnership to file a composite return and make a composite payment of tax on behalf of all nonresident partners, calculated at 4.4% of Colorado-source income. The composite payment requirement can be waived if a nonresident partner timely files a Nonresident Partner or Shareholder Agreement (form DR 0107) with the partnership, in which case the partner agrees to file their own return and pay taxes directly. Citation: https://library.partnertax.ai/us-co/forms/dr-0106?c=1#2025-colorado-partnership-and-s-corporation-income-tax-retur","Yes, required (Form DR 0106) C.R.S. § 39-22-601(5.5)(d)(I) requires every partnership to file a composite return and make a composite payment on behalf of all nonresident partners, with limited exceptions. The composite return is filed on Form DR 0106 (Part II: Composite Nonresident Income Tax Return). This requirement applies to tax years beginning on and after January 1, 2024. Citation: https://library.partnertax.ai/us-co/stat/39-22-601?c=1#j-2","None (no entity-level tax; informational return only) Colorado does not impose an entity-level income tax on partnerships. C.R.S. § 39-22-201 states 'A partnership as such shall not be subject to tax under this article,' and partners are liable only 'in their separate or individual capacities.' Partnerships must file an informational return (DR 0106) to report income and allocations to partners, but no annual fee or minimum tax is imposed on the partnership entity itself. Citation: https://library.partnertax.ai/us-co/stat/39-22-201?c=1","October 15 The extension is automatic. No extension is available for payment of tax; payment remains due by the original due date (April 15 for calendar year filers). Citation: https://library.partnertax.ai/us-co/forms/dr-0106?c=1#due-dates","Colorado K-1 (DR 0106K) Partnerships and S corporations must complete a Colorado K-1 (DR 0106K) for each partner and shareholder, reporting their share of income, deductions, modifications, and credits. Citation: https://library.partnertax.ai/us-co/forms/dr-0106?c=1#colorado-k-1-dr-0106k","DR 0112 Citation: https://library.partnertax.ai/us-co/forms/dr-0112?c=1#line-27","4.4% Citation: https://library.partnertax.ai/us-co/forms/dr-0112?c=1#line-13","May 15 For C corporations with taxable years beginning on or after January 1, 2024, the due date is the fifteenth day of the fifth month following the close of the taxable year (May 15 for calendar-year filers). An automatic extension of six months is available for filing (until November 15 for calendar-year filers), but no extension is available for payment. Citation: https://library.partnertax.ai/us-co/forms/dr-0112?c=1#filing-requirements","None (no minimum tax stated in the corporate return instructions) Colorado's C corporation income tax computation on Form DR 0112 applies a flat 4.4% rate to Colorado taxable income with no minimum franchise or corporate tax, fixed-dollar charge, or floor amount stated anywhere in the return instructions or tax computation authority. Citation: https://library.partnertax.ai/us-co/forms/dr-0112?c=1#line-13","Single sales factor Colorado apportions C corporation income using a receipts factor (sales factor) apportionment method. Business income is apportioned by multiplying business income by a fraction where the numerator is total sales in Colorado and the denominator is total sales everywhere. Citation: https://library.partnertax.ai/us-co/forms/dr-0112?c=1#estimated-tax","Mandatory unitary combined reporting For tax years beginning on and after January 1, 2026, all members of an affiliated group of C corporations that are members of a unitary business must file a combined report. An affiliated group may elect to file a consolidated return instead, but combined reporting is the mandatory default for unitary businesses. Citation: https://library.partnertax.ai/us-co/stat/39-22-303?c=1#g","20-year carryforward for losses generated in tax years commencing on or after January 1, 2021; carryforward period determined by federal law for losses generated before January 1, 2021; no carryback allowed; 80% deduction limitation applies to losses incurred after December 31, 2017 C.R.S. § 39-22-504(3)(b) provides that net operating losses of corporations generated in income tax years commencing on or after January 1, 2021 may be carried forward for twenty years with no carryback allowed. For losses generated before January 1, 2021, subsection (3)(a) provides they may be carried forward for the same number of years as allowed for a federal net operating loss, also with no carryback. C.R.S. § 39-22-504(1)(b) requires that for losses incurred after December 31, 2017, the eighty percent limitation set forth in section 172(a)(2) of the internal revenue code shall apply. Citation: https://library.partnertax.ai/us-co/stat/39-22-504?c=1#b-3","April 15, June 15, September 15, December 15 Four quarterly installments required for calendar-year C corporations. If a due date falls on a legal federal holiday, payment is due on the adjusted federal due date. Citation: https://library.partnertax.ai/us-co/stat/39-22-606?c=1#4","November 15 The extension is automatic and requires no request. No extension is available for payment of tax due. Citation: https://library.partnertax.ai/us-co/forms/dr-0112?c=1#filing-requirements","DR 0104 The primary state personal income tax return form for resident individuals in Colorado for tax year 2025. Citation: https://library.partnertax.ai/us-co/forms/dr-0104?c=1#tax-filing-guide","4.4% (flat rate) Colorado imposes a single flat tax rate on individual income. The 2025 tax table and estimated tax worksheet both confirm the 4.4% rate applies to all Colorado taxable income. Citation: https://library.partnertax.ai/us-co/forms/dr-0104?c=1#2025-colorado-income-tax-table-with-tax-rate-of-4-4","April 15 An automatic extension to file is granted until October 15, but there is no extension to pay. If a due date falls on a weekend or legal holiday, the return or payment will be due the next business day. Citation: https://library.partnertax.ai/us-co/forms/dr-0104?c=1#due-date","October 15 Colorado grants an automatic six-month extension to file the individual income tax return. The extension is granted without requiring a separate request. However, the extension applies only to the filing deadline; there is no extension to the payment due date. Citation: https://library.partnertax.ai/us-co/forms/dr-0104?c=1#instructions-2-2","April 15, June 15, September 15, January 15 Colorado law requires four quarterly estimated tax installments for individuals, with due dates of April 15, June 15, September 15, and January 15 of the following taxable year. If a due date falls on a weekend or legal holiday, payment is due the next business day. Citation: https://library.partnertax.ai/us-co/stat/39-22-605?c=1#b-3","Federal standard deduction (IRC 63(c)) Colorado imposes tax on federal taxable income as determined pursuant to section 63 of the Internal Revenue Code, which includes the federal standard deduction under IRC 63(c). The state does not set its own standard deduction amount; it conforms to the federal standard deduction. Citation: https://library.partnertax.ai/us-co/stat/39-22-104?c=1#1","Flat rate (applies to all taxable income) Colorado imposes a single flat tax rate of 4.4% on all individual taxable income. There are no progressive brackets or a top bracket threshold. Citation: https://library.partnertax.ai/us-co/forms/dr-0104?c=1#2025-colorado-income-tax-table-with-tax-rate-of-4-4","DR 0104 with DR 0104PN schedule Colorado nonresidents and part-year residents file the DR 0104 (Colorado Individual Income Tax form) together with the DR 0104PN (Part-Year Resident/Nonresident Tax Calculation Schedule), which apportions gross income so that Colorado tax is calculated for only Colorado income. The DR 0104PN schedule is required to complete the nonresident return. Citation: https://library.partnertax.ai/us-co/forms/dr-0104?c=1#schedule-2025" CT,Connecticut,"Form CT-1065/CT-1120SI Partnerships with any income, gain, loss or deduction derived from or connected with Connecticut sources must file Form CT-1065/CT-1120SI, Connecticut Composite Income Tax Return. This is an informational return required by Connecticut General Statutes § 12-726(a). Citation: https://library.partnertax.ai/us-ct/regs/12-726(a)-1?c=1#a","April 15 Connecticut requires partnerships with any income, gain, loss or deduction derived from or connected with Connecticut sources to file Form CT-1065/CT-1120SI. The return is an informational return, not a tax return on the partnership itself. Citation: https://library.partnertax.ai/us-ct/regs/12-726(a)-1?c=1#a","6.99% Citation: https://library.partnertax.ai/us-ct/forms/ct-pet?c=1#preamble","With the timely filed Form CT-1065/CT-1120SI Connecticut requires the PTE tax election to be made by checking the Pass-Through Entity Tax box on Form CT-1065/CT-1120SI, Connecticut Composite Income Tax Return, and the election must be submitted not later than the due date or extended due date of that return. Citation: https://library.partnertax.ai/us-ct/forms/ct-1065-ct-1120si?c=1#enter-the-pe-s-name-address-federal-identification-number","Required; payment by partnership at highest marginal tax rate multiplied by nonresident partner's distributive share of Connecticut-source income Connecticut requires each partnership doing business in the state or having income derived from Connecticut sources to make payment to the commissioner on behalf of each nonresident partner. The payment amount equals 'the highest marginal tax rate in effect under section 12-700 for the taxable year multiplied by the subject partner's distributive share of (i) such partnership's separately and nonseparately computed items, as described in Section 702(a) of the Internal Revenue Code, to the extent derived from or connected with sources within this state, as determined under this chapter, and (ii) any modification described in section 12-701 which relates to an item of such partnership's income, gain, loss or deduction, to the extent derived from or connected with sources within this state, as determined under this chapter.' The payment is due on or before the date the annual return is required to be filed. Exceptions apply when the partner's distributive share of Connecticut-source partnership income is less than $1,000, when the department has determined the partner's income is not subject to this requirement, or for publicly traded partnerships meeting specified conditions. Citation: https://library.partnertax.ai/us-ct/stat/12-719?c=1#2","Yes, elective (Form CT-1065/CT-1120SI) Connecticut allows partnerships to file a composite return on behalf of nonresident partners. The statute provides that partnerships may make payments to the commissioner on behalf of nonresident partners, and the form used is CT-1065/CT-1120SI (Connecticut Composite Income Tax Return). The filing is elective for general partnerships with nonresident partners, though certain requirements and thresholds apply (e.g., the partner's distributive share must exceed $1,000 in Connecticut-sourced income). Citation: https://library.partnertax.ai/us-ct/stat/12-719?c=1#1","None (no entity-level tax; informational return only) Connecticut does not impose an entity-level income tax on partnerships. Partnerships are required to file an informational return (Form CT-1065/CT-1120SI) setting forth income, deductions, and partner information, but no annual fee or minimum tax is imposed on the partnership itself. Citation: https://library.partnertax.ai/us-ct/regs/12-726(a)-1#a","September 15 The extension is automatic when a federal extension has been filed on Form 7004. If no federal extension was filed, the partnership may apply for a six-month extension if there is reasonable cause. The extension must be requested by filing Form CT-PET EXT on or before the original due date. Citation: https://library.partnertax.ai/us-ct/forms/ct-pet-ext?c=1#full","Schedule CT K-1 Connecticut requires pass-through entities to issue Schedule CT K-1 — Member's Share of Connecticut Income, Credits, and Deductions to each member reporting that member's share of income and other items. Citation: https://library.partnertax.ai/us-ct/forms/schedule-ct-k-1?c=1#schedule-ct-k-1","Form CT-1120 C corporations file Form CT-1120, Corporation Business Tax Return. Combined unitary groups file Form CT-1120CU instead. Citation: https://library.partnertax.ai/us-ct/forms/ct-1120-ext?c=1#preamble","7.5% Connecticut imposes a corporate income tax on net income at 7.5% for income years commencing on or after January 1, 2025, and prior to January 1, 2026, as stated in the statute governing the imposition of tax on corporations carrying on business in the state. Citation: https://library.partnertax.ai/us-ct/stat/12-214?c=1#a","April 15 For calendar-year corporations, this resolves to May 15, as the federal corporate income tax return due date is April 15, and Connecticut requires filing 15 days after that federal due date. Citation: https://library.partnertax.ai/us-ct/stat/12-222?c=1#b","$250 minimum tax on capital (Form CT-1120, Schedule B) Connecticut imposes a minimum tax on capital of $250 that cannot be less than this amount or exceed $1 million, computed on Schedule B of Form CT-1120. The minimum tax on capital is the larger of the tax imposed under section 12-214 and the tax calculated under section 12-219. Citation: https://library.partnertax.ai/us-ct/forms/ct-1120?c=1#capital","Single sales factor (receipts factor) Connecticut uses a receipts-based apportionment formula as the statutory method. The apportionment fraction is computed by dividing Connecticut receipts by total receipts everywhere. Special apportionment methods apply to certain industries (air carriers, motor carriers, financial service companies, broadcasters, securities brokerage services, credit card companies, and regulated investment company service providers), and manufacturers with 75% or more U.S. government sales may elect a three-factor formula (property, payroll, and double-weighted receipts). Citation: https://library.partnertax.ai/us-ct/forms/ct-1120a?c=1#schedule-q-net-income-apportionment","Mandatory unitary combined reporting Connecticut requires a combined group to file a combined unitary tax return under the state's corporation business tax. The designated taxable member of the combined group files the combined unitary tax return on behalf of the taxable members and pays the tax on their behalf. Citation: https://library.partnertax.ai/us-ct/stat/12-222?c=1#1","30-year carryforward for losses incurred in tax years beginning on or after January 1, 2025; 20-year carryforward for losses incurred in tax years beginning on or after January 1, 2000 and before January 1, 2025; no carryback; deduction limited to 50% of Connecticut net income for tax years commencing on or after January 1, 2015 Connecticut allows net operating losses incurred in income years beginning on or after January 1, 2025 to be carried forward for 30 successive income years, while losses incurred in income years beginning on or after January 1, 2000 and before January 1, 2025 may be carried forward for 20 successive income years. For tax years commencing on or after January 1, 2015, the deduction is limited to 50% of net income apportioned to Connecticut. No carryback is permitted. The statute states: 'for operating losses incurred in income years commencing on or after January 1, 2025, in each of the thirty income years following such loss year' and 'for income years commencing on or after January 1, 2000, and prior to January 1, 2025, in each of the twenty income years following such loss year.' For the 50% limitation: 'the portion of such operating loss that may be deducted as an operating loss carry-over in any income year following such loss year shall be limited to the lesser of (I) fifty per cent of net income of such income year following such loss year.' Citation: https://library.partnertax.ai/us-ct/forms/ct-1120-att?c=1#schedule-h-connecticut-apportioned-operating-loss","the fifteenth day of the third, sixth, ninth, and twelfth months of the income year Connecticut requires four installments of estimated corporate tax payments. If a due date falls on a Saturday, Sunday, or legal holiday, the payment is considered timely if made on the next business day. Citation: https://library.partnertax.ai/us-ct/stat/12-242d?c=1#a","November 15 For calendar-year filers, the extended due date is November 15. June 30 year-end filers may request a seven-month extension; all others may request a six-month extension. The extension is not automatic; it must be requested by filing Form CT-1120 EXT on or before the fifteenth day of the month following the due date of the corporation's corresponding federal income tax return (May 15 for calendar year taxpayers). Payment of tax due or believed to be due must accompany the extension request. Citation: https://library.partnertax.ai/us-ct/forms/ct-1120-ext?c=1#preamble","Form CT-1040 Form CT-1040 is the primary Connecticut resident income tax return form for individuals. Form CT-1040X is used for amended returns, and Form CT-1040NR/PY is used for nonresidents and part-year residents. Citation: https://library.partnertax.ai/us-ct/forms/ct-1040?c=1#preamble","6.99% (top bracket rate) Connecticut uses graduated tax brackets. The top marginal rate of 6.99% applies to taxable income over $500,000 for single filers and married filing separately, and over $1,000,000 for married filing jointly and qualifying surviving spouses. Citation: https://library.partnertax.ai/us-ct/forms/ct-1040x?c=1#for-2025-taxable-year","15th day of the fourth month (April 15 for calendar-year filers) maintainer-verified citation (admin drawer offline); grounded in already-ingested library text Citation: https://library.partnertax.ai/us-ct/stat/12-719#a","October 15 Connecticut grants a six-month extension to October 15 for calendar-year individual filers when a federal extension is requested. The extension is automatic: ""If you have requested an extension of time to file your 2025 federal income tax return, you are not required to file Form CT‑1040 EXT. DRS will automatically grant you a six-month extension of time to file your 2025 Connecticut income tax return."" Form CT-1040 EXT itself requests ""a six-month extension of time to October 15, 2026, to file my Connecticut income tax return for the year beginning January 1, 2025."" The regulation confirms that when a federal extension is requested, Connecticut grants an extension ""for the maximum period allowable under section 6081(a) of the Internal Revenue Code,"" which is six months from the original April 15 due date. Citation: https://library.partnertax.ai/us-ct/forms/ct-1040-ext?c=1#state-of-connecticut","April 15, June 15, September 15, January 15 Connecticut General Statutes § 12-722(c) establishes four required installments for individual estimated income tax: the fifteenth day of the fourth month (April 15), the fifteenth day of the sixth month (June 15), the fifteenth day of the ninth month (September 15), and the fifteenth day of the first month of the next succeeding taxable year (January 15). Citation: https://library.partnertax.ai/us-ct/stat/12-722?c=1#c","None (no universal standard deduction; exemption-based system) Connecticut uses a personal exemption system rather than a standard deduction. For single filers with Connecticut AGI of $0 to $30,000, the personal exemption is $15,000; the exemption phases out as AGI increases, reaching $0 at $44,000 and above. The Tax Calculation Schedule directs filers to subtract the exemption amount (Line 2) from Connecticut AGI (Line 1) to arrive at Connecticut Taxable Income (Line 3). Citation: https://library.partnertax.ai/us-ct/forms/ct-1040?c=1#table-a-personal-exemptions","More than $500,000 For single filers in Connecticut for tax year 2025, the top marginal rate of 6.99% applies to taxable income over $500,000. This is the threshold where the highest individual income tax rate begins. Citation: https://library.partnertax.ai/us-ct/forms/ct-1040x?c=1#for-2025-taxable-year","Form CT-1040NR/PY Connecticut nonresident and part-year resident individuals file Form CT-1040NR/PY. The form title explicitly states it is for 'Nonresident & Part-Year Resident Income Tax Return'. Citation: https://library.partnertax.ai/us-ct/forms/ct-1040-nrpy?c=1#income-tax-return-instructions" DE,Delaware,"Form PRT-RTN Delaware partnerships with income derived from or connected with Delaware sources must file Form PRT-RTN. If a partnership has no Delaware sourced income or loss, no return is required to be filed. Citation: https://library.partnertax.ai/us-de/forms/prt-rtn#preamble","March 16 For calendar year taxpayers, this due date is March 15. The instructions specify this is the regular (non-extended) due date for partnership returns. Citation: https://library.partnertax.ai/us-de/forms/prt-rtn-instructions#when-and-where-to-file","None (no PTE election) Delaware does not impose an elective pass-through entity tax (PTET) for tax year 2025. Pass-through income is taxed only at the owner level. Citation: https://library.partnertax.ai/us-de/no-tax/pass-through-entity-tax#summary","None (no PTE election) Delaware has not adopted an elective pass-through entity tax. There is no entity-level income tax a partnership may elect to pay, and therefore no PTE election deadline exists. Citation: https://library.partnertax.ai/us-de/no-tax/pass-through-entity-tax#summary","None (no withholding requirement on nonresident partners' distributive income from ongoing operations; withholding applies only to real estate sales by nonresident pass-through entities) Delaware does not require partnerships to withhold tax on distributive income paid to nonresident partners. The only withholding obligation for partnerships involving nonresident members is under 30 Del. C. § 1606, which requires withholding when a nonresident pass-through entity sells or exchanges Delaware real estate—a transaction-specific requirement, not an ongoing distributive income withholding. Nonresident partners must instead file Form PIT-NON or may elect to file a composite return (Form CMP-TAX) on behalf of the partnership. This contrasts with S corporations, which must pay tax on behalf of nonresident shareholders under 30 Del. C. § 1158. Citation: https://library.partnertax.ai/us-de/no-tax/pass-through-entity-tax#what-does-apply-at-the-entity-level","Yes, elective (Composite Return) Delaware allows nonresident partners to file a composite return on behalf of the partnership. The instructions state that a non-resident partner 'must file Form PIT-NON or a Composite Return' and report their share of Delaware sourced partnership income or loss. Citation: https://library.partnertax.ai/us-de/forms/prt-rtn-instructions#computation-of-the-tax","$400 (limited partnerships) 6 Del. C. § 17-1109(a) imposes an annual tax of $400 on every domestic limited partnership and foreign limited partnership registered to do business in Delaware, due June 1 following the close of the calendar year. Citation: https://library.partnertax.ai/us-de/stat/6-17-1109?c=1#a","September 15 Form PRT-EXT shows that for a calendar year ending 12-31-2025 with original due date 03-16-2026, the extension runs to 09-15-2026. The extension is requested by filing Form PRT-EXT; instructions state it may be obtained by submitting a copy of the Federal extension application on or before the original due date, and the approved Federal extension will extend the Delaware return to the same date as the Federal extension due date. Citation: https://library.partnertax.ai/us-de/forms/prt-ext?c=1#be-sure-to-sign-your-return-below-and-keep-a-copy-for-your-r","Form PRT-PSI Delaware's Schedule K-1 equivalent is Form PRT-PSI (Partner's Share of Income), which reports each partner's allocable share of income derived from or connected with Delaware sources. Citation: https://library.partnertax.ai/us-de/forms/prt-psi#ein-ssn","Form CIT-TAX C corporations file Form CIT-TAX (Delaware Corporate Income Tax Return) for tax year 2025. S corporations file Form SCT-RTN instead. Citation: https://library.partnertax.ai/us-de/forms/cit-tax-instructions#specific-instructions-for-form-cit-tax-important","8.7% Delaware imposes a corporate income tax on net income at a flat rate of 8.7% under 30 Del. C. § 1902(a). This rate applies to all C corporations and is not graduated. Citation: https://library.partnertax.ai/us-de/stat/30-1902#a","April 15 For calendar-year filers (2025), this corresponds to April 15, 2026. The due date applies to Form CIT-TAX (Delaware Corporate Income Tax Return). Citation: https://library.partnertax.ai/us-de/forms/cit-tax-instructions#general-instructions","$175 minimum franchise tax (annual franchise tax report to Secretary of State) Delaware imposes a minimum franchise tax of $175 on corporations with authorized capital stock not exceeding 5,000 shares, and on corporations not authorized to issue capital stock that are not exempt. The tax is paid with the annual franchise tax report filed with the Secretary of State. Citation: https://library.partnertax.ai/us-de/stat/8-503?c=1#1","Single sales factor Effective January 1, 2020, Delaware's apportionment calculation is based entirely on the sales or gross receipts factor. Citation: https://library.partnertax.ai/us-de/forms/cit-tax-instructions#preamble","Separate-entity filing Delaware does not permit consolidated returns. Each corporation that is a member of a consolidated group must file a separate return. Delaware does not recognize or approve combined reporting, unitary, or waters edge methods of filing. Citation: https://library.partnertax.ai/us-de/forms/cit-tax-instructions#general-instructions","Carryforward indefinitely limited to 80% of taxable income; no carryback (except farming and property/casualty insurance companies); $30,000 carryback limit for farming and property/casualty insurance companies with 20-year carryforward For tax years after December 31, 2020, Delaware NOL rules changed significantly. General corporations: no carryback allowed, indefinite carryforward limited to 80% of taxable income. Exception: property and casualty insurance companies retain 2-year carryback ($30,000 limit per year) and 20-year carryforward to offset 100% of taxable income. Farming businesses also retain 2-year carryback with $30,000 limit per year. Citation: https://library.partnertax.ai/us-de/forms/cit-tax-instructions#net-operating-loss-deductions","the fifteenth day of the fourth month of the current taxable year; the fifteenth day of the sixth month of the current taxable year; the fifteenth day of the ninth month of the current taxable year; and the fifteenth day of the twelfth month of the current taxable year For small corporations, 25% of estimated tax is due on the 15th of the 4th month, with the remaining 75% paid in three equal 25% installments on the 15th of the 6th, 9th, and 12th months. For non-small corporations, 50% is due on the 15th of the 4th month, with 20%, 20%, and 10% due on the 15th of the 6th, 9th, and 12th months respectively. Citation: https://library.partnertax.ai/us-de/forms/cit-tax-instructions#general-instructions","October 15 Delaware Form CIT-EXT provides an automatic extension of six months from the original due date. The form shows that for a calendar year ending 12-31-2025, the extension is due on or before 10-15-2026. The instructions state: 'An extension of time with payment for filing the Delaware corporate income tax return is made by filing Form CIT-EXT on or before the due date of the original return.' The extension is automatic upon filing the form but must be requested by the original due date. Citation: https://library.partnertax.ai/us-de/forms/cit-ext?c=1#preamble","Form PIT-RES Form PIT-RES is the Resident Personal Income Tax Return for Delaware resident individuals. Part-year residents may alternatively file Form PIT-NON (Non-Resident Personal Income Tax Return) if more advantageous. Citation: https://library.partnertax.ai/us-de/forms/pit-res-instructions#who-must-file","6.6% (top bracket rate) Delaware imposes graduated tax brackets on individual taxable income. For taxable years beginning after December 31, 2013, the highest marginal rate applies to taxable income in excess of $60,000. Citation: https://library.partnertax.ai/us-de/stat/30-1102?c=1#14","April 30 For calendar year taxpayers, the regular due date is April 30. For fiscal year taxpayers, the due date is the last day of the fourth month following the close of their taxable year. Citation: https://library.partnertax.ai/us-de/forms/pit-res-instructions#when-to-file","October 15 The extension is automatic when Form PIT-EXT is filed prior to the original due date of April 30, 2026. Citation: https://library.partnertax.ai/us-de/forms/pit-ext#of-time-to-file-delaware-individual-income-tax-return","April 30, June 15, September 15, January 15 Delaware requires individuals to make quarterly estimated tax payments on four dates per tax year. The evidence from Form PIT-RES instructions states the payment periods and due dates for 2026 tax year estimated payments: April 30, 2026 for the period 1/1/2026–3/31/2026; June 15, 2026 for 4/1/2026–5/31/2026; September 15, 2026 for 6/1/2026–8/31/2026; and January 15, 2027 for 9/1/2026–12/31/2026. The same dates appear in the non-resident instructions (Form PIT-NON). Individuals must pay estimated taxes if the tax liability less withholding and credits exceeds $800. Citation: https://library.partnertax.ai/us-de/forms/pit-res-instructions?c=1#when-to-make-your-estimated-tax-payment","$3,250 Delaware standard deduction for single filers (Filing Status 1) for tax year 2025, as stated in the resident personal income tax return instructions. Citation: https://library.partnertax.ai/us-de/forms/pit-res-instructions?c=1#page-2-of-form-pit-res","over $60,000 For taxable years beginning after December 31, 2013, Delaware imposes a top marginal rate of 6.6% on taxable income in excess of $60,000, making $60,000 the threshold where the top bracket begins for individual filers. Citation: https://library.partnertax.ai/us-de/stat/30-1102?c=1#14","Form PIT-NON Nonresident and part-year resident individuals file Form PIT-NON. Part-year residents may elect to file either a resident return (Form PIT-RES) or a nonresident return (Form PIT-NON), whichever is more advantageous. Citation: https://library.partnertax.ai/us-de/forms/pit-non-instructions#pit-non" FL,Florida,"Form F-1065 Florida partnerships having any partner subject to tax under the Florida Income Tax Code must file Form F-1065, Florida Partnership Information Return, as the state return form for reporting partnership income and information. Citation: https://library.partnertax.ai/us-fl/regs/12C-1.022?c=1#d-5","April 1 Florida statute § 220.222(1)(a) and Form F-1065 instructions establish that partnership information returns must be filed on or before the first day of the fourth month following the close of the taxable year. For a calendar-year partnership, this is April 1. Citation: https://library.partnertax.ai/us-fl/forms/f-1065?c=1#general-instructions","None (no partnership income tax) Derived from partnership_annual_fee for Florida, which cites a source stating the jurisdiction imposes no partnership tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-fl/no-tax/partnership-income-tax","None (no PTE election) Florida imposes no income tax on partnerships and no tax on any partner's distributive share as such; there is no Florida composite return, no nonresident withholding on distributive shares, and no PTET election. Citation: https://library.partnertax.ai/us-fl/no-tax/partnership-income-tax?c=1#summary","None (no withholding requirement) Florida imposes no income tax on partnerships and no tax on any partner's distributive share. There is no nonresident withholding on distributive shares. Citation: https://library.partnertax.ai/us-fl/no-tax/partnership-income-tax#summary","None (no composite return) Florida imposes no income tax on partnerships and no tax on any partner's distributive share. There is no Florida composite return, no nonresident withholding on distributive shares, and no PTET election. Citation: https://library.partnertax.ai/us-fl/no-tax/partnership-income-tax#summary","None (no entity-level tax; informational return only) Florida partnerships are required to file an information return (Form F-1065) but Florida does not impose an entity-level annual fee, tax, or minimum on partnerships. The statute requires 'Every Florida partnership having any partner subject to tax under this code, shall make an information return' setting forth income, deductions, and partner information, with no fee stated. Citation: https://library.partnertax.ai/us-fl/stat/220.22?c=1#2","Six months after the original due date; extension must be requested For Florida partnerships with taxable year ends other than June 30, an extension of the due date of any required Florida partnership information return is effective until six (6) months after the original due date of the return. The extension is not automatic; it must be requested by filing Form F-7004 on or before the original due date, and the tentative tax must be paid with the application. Citation: https://library.partnertax.ai/us-fl/regs/12C-1.0222?c=1#a-2","Form F-1065 Florida Partnership Information Return (Form F-1065) is the state schedule used to report each partner's share of partnership income and adjustments. The form distributes to each partner subject to tax their share of the partnership income adjustment calculated in Part I, Line E, with the partner's share shown in Part II. Citation: https://library.partnertax.ai/us-fl/regs/12C-1.022?c=1#d-5","Form F-1120 Form F-1120 is the Florida Corporate Income/Franchise Tax Return that C corporations file for the tax year, as identified in the official forms index for taxable years beginning on or after January 1, 2025. Citation: https://library.partnertax.ai/us-fl/regs/12C-1.051?c=1#a-3","5.5% Florida imposes a corporate income tax at 5.5% of net income on C corporations and other entities subject to Chapter 220, Florida Statutes. This rate applies for taxable years beginning on or after January 1, 2022, and is operative for the 2025 tax year. Citation: https://library.partnertax.ai/us-fl/stat/220.1105?c=1#5","May 1 For tax years ending June 30, the due date is on or before the first day of the fourth month following the close of the tax year. Citation: https://library.partnertax.ai/us-fl/forms/f-1120n#preamble",—,"Three-factor (property, payroll, sales) with weights of 25% property, 25% payroll, and 50% sales Florida requires corporations doing business within and without Florida to apportion business income using a three-factor formula measuring Florida's share by ratios of property, payroll, and sales in Florida to total property, payroll, and sales everywhere, with the factors weighted as 25% to property, 25% to payroll, and 50% to sales. Exceptions apply to insurance companies, transportation companies, citrus processing companies, and taxpayers granted permission to use alternative methods. Citation: https://library.partnertax.ai/us-fl/forms/f-1120n?c=1#income-2","Elective consolidated (otherwise separate) An affiliated group of corporations may file a consolidated return in lieu of separate returns for the taxable year, provided the common parent is subject to the Florida Income Tax Code and each corporation consents. The privilege is elective: the group may exercise it or file separate returns. Citation: https://library.partnertax.ai/us-fl/regs/12C-1.0131?c=1#a","Indefinite carryforward for losses generated after December 31, 2017; 20-year carryforward for losses generated before January 1, 2018; no carryback; deduction limited to 80% of remaining Florida tentative apportioned adjusted federal income for post-2017 losses Florida law prohibits carryback of NOLs and requires carryforward treatment. For losses generated in taxable years beginning before January 1, 2018, the carryforward period is 20 taxable years. For losses generated in taxable years beginning after December 31, 2017, the carryforward is indefinite and never expires. For taxable years beginning after December 31, 2020, post-2017 losses are deductible only against 80% of the remaining Florida tentative apportioned adjusted federal income (after pre-2018 losses are applied against 100%). Citation: https://library.partnertax.ai/us-fl/forms/f-1120n?c=1#nold","May 31, June 30, September 30, and December 31 For calendar year filers, Florida corporate estimated tax payments are due on these four dates in each taxable year, as stated in the Form F-1120N instructions. Citation: https://library.partnertax.ai/us-fl/forms/f-1120n?c=1#due-dates-for-declaration-and-payment","November 1 Extensions are valid for six months, with the exception of extensions for taxpayers with a June 30 tax year end, which are valid for seven months. The extension must be requested using Florida Form F-7004; a federal extension alone does not extend the Florida filing deadline. Citation: https://library.partnertax.ai/us-fl/forms/f-1120n#preamble","None (no individual income tax) Florida does not impose an individual income tax. Therefore, there is no primary state personal income tax return form for resident individuals. Citation: https://library.partnertax.ai/us-fl/no-tax/individual-income-tax#coverage-and-verification","None (no individual income tax) Derived from individual_filing_form for Florida, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-fl/no-tax/individual-income-tax#coverage-and-verification","None Derived from individual_filing_form for Florida, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-fl/no-tax/individual-income-tax#coverage-and-verification","None Derived from individual_filing_form for Florida, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-fl/no-tax/individual-income-tax#coverage-and-verification","None (no individual income tax) Derived from individual_filing_form for Florida, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-fl/no-tax/individual-income-tax#coverage-and-verification","None (no standard deduction) Florida does not impose an individual income tax. The state has no individual income tax system and therefore no standard deduction for individual filers. Citation: https://library.partnertax.ai/us-fl/no-tax/individual-income-tax#coverage-and-verification","None (no individual income tax) Florida does not impose an individual income tax. Article VII, Section 5 of the Florida Constitution has stood in its current form since 1971. Verified for tax year 2025. Citation: https://library.partnertax.ai/us-fl/no-tax/individual-income-tax#coverage-and-verification","None (no individual income tax) Florida does not impose an individual income tax. Therefore, there is no nonresident individual income tax return form. Citation: https://library.partnertax.ai/us-fl/no-tax/individual-income-tax#coverage-and-verification" GA,Georgia,"Form 700 Partnerships required to file a Georgia income tax return must use Form 700. The filing requirement applies to partnerships, limited liability companies, syndicates, groups, pools, joint ventures, and unincorporated organizations engaged in business or owning property in Georgia, or having members domiciled in Georgia, or having income from Georgia sources, and required to file a Federal Income Tax return on Form 1065. Citation: https://library.partnertax.ai/us-ga/forms/it-711#filing-requirements","March 16 For calendar year filers, this is March 15. If the due date falls on a weekend or holiday, the return is due on the next day that is not a weekend or holiday. Citation: https://library.partnertax.ai/us-ga/forms/it-711#filing-requirements","5.19% For taxable years beginning on or after January 1, 2025, the PTE tax rate for partnerships electing to pay tax at the entity level is 5.19%, which is the same income tax rate imposed on individual taxpayers for the corresponding taxable year. Citation: https://library.partnertax.ai/us-ga/forms/it-711#what-s-new","With the timely filed Form 700 A partnership makes the PTE election by checking the box on Form 700 by the due date of the return including any extensions. The election must be made by the due date or extended due date of Form 700. Citation: https://library.partnertax.ai/us-ga/forms/it-711?c=1#election-to-pay-at-the-entity-level","4% on distributions to nonresident partners' share of taxable income sourced to Georgia; withholding not required if annual partner's share is less than $1,000; composite return filing is available as an alternative to withholding Georgia requires withholding at 4% on the nonresident member's share of taxable income sourced to the state. The withholding requirement applies to partnerships, and withholding is not required if the annual partner's share of taxable income sourced to Georgia is less than $1,000. As an alternative to withholding, the partnership may file a composite return (Form IT-CR) for its nonresident partners. Citation: https://library.partnertax.ai/us-ga/forms/it-711?c=1#partnership-with-nonresident","Yes, elective (Form IT-CR) Georgia allows partnerships to elect to file a composite return on behalf of nonresident partners as an alternative to withholding. The election is made by filing Form IT-CR, and permission is not required to file a composite return. Citation: https://library.partnertax.ai/us-ga/forms/it-711?c=1#partnership-with-nonresident","None (no entity-level tax; informational return only) Georgia law provides that partnerships, as such, are not subject to income taxation but are required to make returns of income; members are taxable on their distributive shares. Partnerships that elect to pay tax at the pass-through entity level may pay tax at entity level, but the default rule is no entity-level partnership tax. Citation: https://library.partnertax.ai/us-ga/regs/560-7-3-.08?c=1#1","Six months from the original due date (automatic if federal extension obtained; otherwise must be requested) Georgia Code Section 48-7-57 provides that a partnership need not apply for a Georgia extension if it applies for and receives an automatic six-month extension to file the federal income tax return. If the return is received within the time extended by the Internal Revenue Service and Form 7004 is attached, no late filing penalties apply. Georgia law prohibits granting an extension of more than six months from the due date of the return. If no federal extension is obtained, Form IT-303 may be used to request a Georgia extension. Citation: https://library.partnertax.ai/us-ga/forms/it-711?c=1#filing-requirements",—,"Form 600 C corporations file Form 600 for Georgia corporate income tax. S corporations file Form 600S. The evidence indicates Form 600 is the standard corporate income tax return form for C corporations in Georgia. Citation: https://library.partnertax.ai/us-ga/forms/it-611#filing-requirements","5.19% Georgia imposes a corporate income tax at the rate of 5.19% on Georgia taxable income for tax year 2025, effective January 1, 2025. Citation: https://library.partnertax.ai/us-ga/forms/it-611?c=1#effective-january-1-2025-the-tax-rate-is-5-19","April 15 Georgia requires C corporations to file their income tax return on or before the 15th day of the 4th month following the close of the taxable year, which is April 15 for calendar-year filers. The due date is extended to the next business day if it falls on a weekend or holiday. Citation: https://library.partnertax.ai/us-ga/forms/it-611?c=1#when-and-where-to-file",—,"Single sales factor (gross receipts factor) For tax years beginning on or after January 1, 2008, Georgia apportions multistate corporate income using only the gross receipts factor, which is the ratio of gross receipts from business done within Georgia to total gross receipts from business done everywhere. Citation: https://library.partnertax.ai/us-ga/regs/560-7-7-.03?c=1#4","Separate-entity filing (unless prior approval or required by Commissioner for consolidated return) Affiliated corporations that file a consolidated Federal income tax return must file separate income tax returns with Georgia unless they have prior approval or have been required to file a consolidated return by the Commissioner of Revenue. Consolidated Georgia returns are permitted only with prior approval or Commissioner requirement. Citation: https://library.partnertax.ai/us-ga/forms/it-611#relation-to-federal-return","Carryforward allowed (no specified limit on years); carryback allowed per IRC § 172; 80% limitation on usage of NOL for taxable years beginning on or after January 1, 2018 Georgia regulation 560-7-3-.06(5)(a) states that net operating losses for corporations 'shall be treated as provided in paragraph (10.1) of subsection (b) of O.C.G.A. § 48-7-21' and that 'Any limitations included in the Internal Revenue Code of 1986 on the amount of net operating loss that can be used in a taxable year shall be applied; provided, however, that such limitations, including, but not limited to, the 80 percent limitation, shall be applied to Georgia taxable net income.' The evidence does not specify a carryforward period limit, indicating Georgia follows federal rules under IRC § 172. Carryback is permitted under the normal rules referenced in the regulation. Citation: https://library.partnertax.ai/us-ga/regs/560-7-3-.06?c=1#a","the 15th day of the 4th, 6th, 9th, and 12th months of the taxable year Georgia requires C corporations with expected net income exceeding $25,000 to pay estimated tax in four equal installments of 25% each, due on or before the fifteenth day of the 4th, 6th, 9th, and 12th months of the taxable year. Citation: https://library.partnertax.ai/us-ga/forms/it-611?c=1#effective-january-1-2025-the-tax-rate-is-5-19","seven (7) months from the original due date if the taxpayer applies for and receives an automatic six (6) month extension to file their Federal income tax return The extension is automatic when a federal extension is obtained; no separate Georgia application is required. Georgia law prohibits granting an extension of more than seven months from the due date of the return. Citation: https://library.partnertax.ai/us-ga/forms/it-611#what-s-new","Form 500 Form 500EZ has been discontinued and is no longer accepted for tax years beginning on or after January 1, 2025. Taxpayers should use Georgia Form 500 for all filings from the 2025 tax year forward. Citation: https://library.partnertax.ai/us-ga/forms/it-511#what-s-new","5.19% Georgia imposes a flat individual income tax rate with no progressive brackets. The rate applies uniformly to all individual taxpayers. Citation: https://library.partnertax.ai/us-ga/forms/it-511#what-s-new","April 15 For calendar year taxpayers. Fiscal year taxpayers must file on or before the 15th day of the fourth month after the close of their taxable year. Citation: https://library.partnertax.ai/us-ga/forms/it-511#general-information","The Georgia return must be filed along with a copy of Federal Form 4868 or the IRS confirmation letter on or before the extended Federal due date. If you do not need a Federal extension, you may use Georgia Form IT-303 to request an extension to file your Georgia return. Extension is automatic if Federal Form 4868 is obtained; otherwise must be requested via Georgia Form IT-303. Extension to file does not extend the date for paying tax. Citation: https://library.partnertax.ai/us-ga/forms/it-511#general-information","April 15, June 15, September 15, January 15 Payment in full of estimated tax may be made in equal installments on or before these dates. If a due date falls on a weekend or holiday, the tax shall be due on the next day that is not a weekend or holiday. Fiscal year filers should adjust dates accordingly. Citation: https://library.partnertax.ai/us-ga/forms/500-es#keep-these-instructions-and-worksheet-with-your-records","$12,000 Georgia Form 500 instructions for tax year 2025 specify the standard deduction for single filers as $12,000. Citation: https://library.partnertax.ai/us-ga/forms/it-511?c=1#form-500-instructions","Flat rate (applies to all taxable income) Georgia imposes a single flat income tax rate of 5.19% for tax year 2025, effective January 1, 2025. There are no tax brackets; the same rate applies to all taxable income regardless of income level. Citation: https://library.partnertax.ai/us-ga/forms/it-511#what-s-new","Form 500 with Schedule 3 Nonresident and part-year resident individuals file Form 500 (Georgia Individual Income Tax Return) and must complete Schedule 3 to calculate Georgia taxable income, which apportions income between Georgia and non-Georgia sources. Citation: https://library.partnertax.ai/us-ga/forms/it-511?c=1#georgia-form-500-rev-07-09-25" HI,Hawaii,"Form N-20 Every partnership, including limited liability companies treated as partnerships for federal income tax purposes, must file Form N-20 for its taxable year. Citation: https://library.partnertax.ai/us-hi/forms/n-20-inst?c=1#who-must-file","April 20 Hawaii requires partnerships to file Form N-20 on or before the 20th day of the fourth month following the close of the taxable year, with adjustment to the next business day if that date falls on a Saturday, Sunday, or legal holiday. Citation: https://library.partnertax.ai/us-hi/forms/n-20-inst?c=1#when-and-where-to-file","9% No separate tax rate for capital gains Citation: https://library.partnertax.ai/us-hi/forms/n-20-inst#line-17a-pass-through-entity-tax","With the timely filed return The election is made by checking a box on Form N-20 Item E(5) 'Electing PTE' on page 1. The partnership's return is due on the 20th day of the fourth month after the end of the tax year, with no separate earlier deadline for the election itself. Citation: https://library.partnertax.ai/us-hi/forms/n-20-inst#specific-instructions","11% on distributions to nonresident partners' pro rata share of income attributable to the State The withholding requirement applies to the highest marginal tax rate applicable to individuals (currently 11%) multiplied by the partner's pro rata share of income attributable to the State. The partnership is required to withhold and pay this amount to the State on behalf of nonresident partners. Citation: https://library.partnertax.ai/us-hi/forms/n-20-inst#line-15","Yes, elective (Form N-15) Hawaii allows partnerships to elect to file composite Hawaii nonresident income tax returns on behalf of participating nonresident partners using Form N-15, provided specified conditions are met, including that each partner is an individual, the partner's income from the partnership is the partner's only Hawaii source income, the partnership obtains a power of attorney from each partner, and the partnership pays tax on behalf of the partners. Citation: https://library.partnertax.ai/us-hi/forms/n-20-inst?c=1#nonresident-partners-2",—,"October 20 The extension is automatic and does not require filing an application. The extension does not include an extension of time to pay. Citation: https://library.partnertax.ai/us-hi/forms/n-20-inst#when-and-where-to-file","Schedule K-1 (N-20) Hawaii requires partnerships to prepare Schedule K-1 in triplicate to report each partner's share of income, deductions, credits, and other items; one copy is attached to Form N-20 filed with the Department, one is sent to each partner, and one is retained by the partnership. Citation: https://library.partnertax.ai/us-hi/forms/n-20-inst?c=1#schedule-k-1","Form N-30 Form N-30 is the Hawaii Corporation Income Tax Return filed by C corporations. The evidence identifies this as the form for corporations subject to Hawaii's corporate income tax, distinct from Form N-35 which applies to S corporations. Citation: https://library.partnertax.ai/us-hi/forms/n-30-inst?c=1#general-instructions","6.4% Hawaii imposes a graduated corporate income tax on C corporations. The top rate of 6.4% applies to taxable income over $100,000. Citation: https://library.partnertax.ai/us-hi/stat/235-71?c=1#preamble","April 20 HAR § 18-235-99(b) establishes the due date for Hawaii corporate income tax returns as the twentieth day of the fourth month following the close of the taxable year, unless extended. For calendar-year filers, this corresponds to April 20. Citation: https://library.partnertax.ai/us-hi/regs/18-235-99?c=1#b",—,"Three-factor (property, payroll, sales) Hawaii apportions multistate C corporation business income using a three-factor formula consisting of property, payroll, and sales factors, with each factor equally weighted (divided by three). The statute states: ""All business income shall be apportioned to this State by multiplying the income by a fraction, the numerator of which is the property factor plus the payroll factor plus the sales factor, and the denominator of which is three."" Citation: https://library.partnertax.ai/us-hi/stat/235-29?c=1","Combined unitary group filing Hawaii requires combined reporting for unitary groups. An affiliated group of domestic corporations may also elect to file a consolidated return. Citation: https://library.partnertax.ai/us-hi/forms/n-30-inst#unitary-business","Indefinite carryforward (no carryback except farming NOLs permitted 2-year carryback); NOL deduction limited to 80% of taxable income for NOLs arising in tax years beginning after December 31, 2017 For NOLs arising in tax years beginning after December 31, 2017, Act 27, SLH 2018 eliminates NOL carrybacks except for farming NOLs which are permitted a two-year carryback, allows unused NOLs to be carried forward indefinitely, and limits the NOL deduction to 80% of taxable income. For NOLs generated in tax years beginning before January 1, 2018, the full amount of taxable income may be offset. Hawaii adopts federal IRC section 172 as operative as of December 31, 2019. Citation: https://library.partnertax.ai/us-hi/forms/n-30-inst?c=1#amended-return","April 20, June 20, September 20, January 20 Calendar-year corporations pay on or before the 20th day of the fourth, sixth, ninth, and first month following the close of the calendar year. Fiscal-year corporations follow the same pattern relative to their fiscal year. Citation: https://library.partnertax.ai/us-hi/forms/n-30-inst#estimated-tax","October 20 The extension is automatic and does not require filing an application. However, the extension does not extend the time for payment of tax. Citation: https://library.partnertax.ai/us-hi/forms/n-30-inst#when-and-where-to-file","Form N-11 Form N-11 is the Hawaii Resident Individual Income Tax Return that resident individuals file for the tax year, as identified in the instructions document title and filing requirements. Citation: https://library.partnertax.ai/us-hi/forms/n-11-inst?c=1#important-reminders","11.00% For tax year 2025, the top marginal rate applies to the highest income bracket. For single filers and married filing separately, income over $325,000 is taxed at 11.00%. For heads of household, income over $300,000 is taxed at 11.00%. For married filing jointly, income over $650,000 is taxed at 11.00%. Citation: https://library.partnertax.ai/us-hi/stat/235-51#c","April 21 For calendar year taxpayers. Fiscal year taxpayers have a prescribed due date of the 20th day of the fourth month following the close of the fiscal year. If the due date falls on a Saturday, Sunday, or legal holiday, the next regular workday is used. Citation: https://library.partnertax.ai/us-hi/forms/n-11-inst#when-to-file","October 20 Hawaii grants an automatic 6-month extension of time to file the individual income tax return through October 20, 2025, without requiring the taxpayer to file a form to request the extension. The extension applies to both resident (Form N-11) and nonresident/part-year resident (Form N-15) individual income tax returns. However, the extension of time to file is not an extension of time for payment of tax; if a balance is due, taxes must be paid in full by the original due date of April 21, 2025. Citation: https://library.partnertax.ai/us-hi/forms/n-11-inst?c=1#important-reminders","April 20, June 20, September 20, January 20 Taxpayers can pay all estimated tax by April 20, 2025, or in four equal amounts by these dates. Citation: https://library.partnertax.ai/us-hi/forms/n-11-inst#estimated-tax-payments","$4,400 For tax year 2025, Hawaii maintains a standard deduction of $4,400 for single filers. Hawaii did not adopt the federal provision that increases the standard deduction amounts for tax years 2018 through 2025. Citation: https://library.partnertax.ai/us-hi/forms/n-11-inst#line-23","Over $487,500 For single filers in tax years beginning after December 31, 2024. The top rate of 11.00% applies to taxable income over $487,500. Citation: https://library.partnertax.ai/us-hi/stat/235-51#b","Form N-15 Form N-15 is the Individual Income Tax Return filed by nonresident and part-year resident individuals in Hawaii. The title document identifies it as 'N-15 — Hawaii Nonresident and Part-Year Resident Individual Income Tax Return Instructions' and evidence confirms nonresidents must file this form if required to do so. Citation: https://library.partnertax.ai/us-hi/forms/n-15-inst?c=1#important-reminders" ID,Idaho,"Form 65 Idaho partnerships file Form 65 — Partnership Return of Income for the tax year, as identified in the title of the 2025 instructions document. Citation: https://library.partnertax.ai/us-id/forms/Form_65_Partnership_Return?c=1#general-information","April 15 Idaho Code § 63-3032(a) establishes the filing deadline for partnership returns: calendar-year partnerships must file by April 15, and fiscal-year partnerships must file by the 15th day of the fourth month following the close of their fiscal year. Citation: https://library.partnertax.ai/us-id/stat/63-3032?c=1#a","5.3% (affected business entity election) Idaho offers an elective pass-through entity tax regime called the 'Affected Business Entity' (ABE) election, under which a partnership can elect to be taxed at the entity level. The tax rate applied under this election is 5.3%. Citation: https://library.partnertax.ai/us-id/forms/Form_65_Partnership_Return#preamble","With the timely filed return The ABE election is made by selecting the election's checkbox on a return. All filing requirements, including extensions, apply to ABEs. The PTE must make the election each year it wants to file as an ABE. Citation: https://library.partnertax.ai/us-id/guidance/pass-through-entities#abe-election","5.3% on Idaho-source distributable income of nonresident individual owners with at least $1,000 of Idaho distributable income Withholding applies only to nonresident individual owners (natural persons, grantor trusts, qualified subchapter S trusts, and single-member LLCs treated as disregarded entities) with Idaho distributable income of at least $1,000. Withholding can be waived if the nonresident owner completes Form PTE-NROA (Nonresident Owner Agreement) or if the owner is included in a composite return. Corporations, partnerships, trusts, and estates are not subject to withholding. Citation: https://library.partnertax.ai/us-id/forms/PTE-12_Pass-through_Owners#general-instructions","Yes, elective (Form 65) Idaho Code § 63-3022L establishes that nonresident owners of pass-through entities may have Idaho tax reported and paid by the entity on a composite return, and the statute states 'The option to file a composite return and pay tax for nonresident owners is in lieu of the backup withholding requirements.' Form 65 instructions confirm composite returns are filed by partnerships on behalf of nonresident individual partners, with specific line items (40, 43, 44, 45, 48) for composite return calculations. Citation: https://library.partnertax.ai/us-id/stat/63-3022L?c=1#1",—,"six (6) months The extension is automatic if the taxpayer pays at least 80% of the total tax due on the income tax return when filed, or the total tax due on the income tax return for the prior year if a return was filed for the prior year. Citation: https://library.partnertax.ai/us-id/stat/63-3033#a","Form ID K-1 Idaho partnerships issue Form ID K-1 to each partner reporting that partner's distributive share of Idaho additions, subtractions, and credit information. The full official name is 'Idaho Form ID K-1 - Schedule Partner's, Shareholder's, or Beneficiary's Share of Idaho Adjustments, Credits, etc.' Citation: https://library.partnertax.ai/us-id/forms/Form_65_Partnership_Return#general-information","Form 41 Form 41 is the Corporation Income Tax Return filed by C corporations in Idaho for the 2025 tax year, as identified in the title 'Form 41 — Corporation Income Tax Return Instructions 2025 (master)' and referenced throughout the instructions for corporations calculating Idaho income tax at 5.3% of Idaho taxable income. Citation: https://library.partnertax.ai/us-id/forms/Form_41_Corporation_Income_Tax?c=1#other-taxes-2","5.3% Idaho Code § 63-3025(h) imposes a tax on Idaho taxable income of corporations other than S corporations at 5.3%, effective for taxable years commencing on and after January 1, 2025. Citation: https://library.partnertax.ai/us-id/stat/63-3025?c=1#h","April 15 Idaho Code § 63-3032(a) establishes the filing deadline for calendar-year corporations as April 15 following the close of the calendar year. Citation: https://library.partnertax.ai/us-id/stat/63-3032?c=1#a","$20 (Form 41) Idaho Code § 63-3025(3) and Form 41 instructions establish a minimum tax of $20 for each C corporation that transacts business in Idaho, is registered with the Idaho Secretary of State to do business in Idaho, or is exercising its corporate franchise in Idaho. The minimum applies regardless of income. Certain entities are exempt: nonproductive mining corporations, corporations not organized for profit that are not required to pay federal tax on unrelated business income, homeowners' associations filing Form 1120-H with no federal taxable income, and corporations under the protection of Public Law 86-272. Citation: https://library.partnertax.ai/us-id/forms/Form_41_Corporation_Income_Tax?c=1#taxes","Single sales factor Electrical corporations, telephone corporations, communications corporations, and Multistate Tax Commission special industries (construction contractors, airlines, railroads, trucking companies, television and radio broadcasting, publishing, and financial institutions) can elect to use three-factor apportionment. Citation: https://library.partnertax.ai/us-id/forms/Form_42_Apportionment#part-i-specific-instructions","Mandatory unitary combined reporting Idaho requires corporations that are part of a unitary group to file a combined report. Form 41 instructions state: 'If the corporations included in the unitary combined group are different from the federal consolidated group, report the differences on Form 42, Part II, lines 1, 2, 3, and 7.' The form itself requires taxpayers to answer 'Did you use the combined reporting method?' and directs multistate/multinational corporations to 'complete and include Form 42' when filing for a unitary group, establishing that combined reporting is the operative filing method for unitary businesses in Idaho. Citation: https://library.partnertax.ai/us-id/forms/Form_41_Corporation_Income_Tax?c=1#additions-2","20-year carryforward; 2-year carryback limited to $100,000 ($50,000 if married filing separately) for losses commencing on or after January 1, 2013 (must file amended return within one year from end of loss year to carryback); NOL in excess of $100,000 must be carried forward For losses commencing on or after January 1, 2013, taxpayers have only one year from the end of the loss year to file an amended return to carry back the NOL to the prior two years. After that, the NOL must be carried forward. Any NOL in excess of $100,000 must be carried forward. Citation: https://library.partnertax.ai/us-id/forms/NOL_Application#form-56a-instructions","April 15, June 15, September 15, December 15 For fiscal year taxpayers, payments are due by the 15th day of the 4th, 6th, 9th, and 12th months of the tax year. Citation: https://library.partnertax.ai/us-id/forms/Estimated_Business_Income_Tax_Payment#form-41est-instructions","Automatic six-month extension To qualify, corporations must pay at least 80% of the 2025 income tax liability or 100% of the total income tax reported on the 2024 income tax return by the original due date (April 15). Citation: https://library.partnertax.ai/us-id/forms/Form_41ES_Business_Estimated_Tax#general-information","Form 40 Form 40 is the primary state personal income tax return form for resident individuals in Idaho for the 2025 tax year, as identified in the title and instructions document. Citation: https://library.partnertax.ai/us-id/forms/Form_40_Individual_Income_Tax?c=1#income-tax-return","5.3% (flat rate) Idaho imposes a flat individual income tax rate of 5.3% effective January 1, 2025, applicable to all Idaho taxable income for residents and part-year residents. Citation: https://library.partnertax.ai/us-id/forms/Form_40_Individual_Income_Tax?c=1#get-idaho-forms","April 15 For the 2025 calendar year Citation: https://library.partnertax.ai/us-id/forms/Form_40_Individual_Income_Tax#where-to-file","October 15 Automatic extension of up to six months if taxpayer paid at least 100% of prior year's state income taxes or 80% of current year's tax liability by the original due date. Citation: https://library.partnertax.ai/us-id/forms/Form_40_Individual_Income_Tax#where-to-file","April 15, June 15, September 15, December 15 For calendar year taxpayers, estimated tax payments are due by the 15th day of April, June, September, and December. This applies to individuals making estimated income tax payments under Idaho law. Citation: https://library.partnertax.ai/us-id/forms/Estimated_Business_Income_Tax_Payment?c=1#form-41est-instructions","$15,750 Form 40 instructions for tax year 2025 specify the standard deduction for single filers as $15,750. Citation: https://library.partnertax.ai/us-id/forms/Form_40_Individual_Income_Tax?c=1#standard-deduction-worksheet","Flat rate (applies to all taxable income) Idaho uses a single flat rate of 5.3% applied after a standard deduction amount that varies by filing status ($4,811 for single or married filing separately; $9,622 for married filing jointly, head of household, or qualifying surviving spouse). Citation: https://library.partnertax.ai/us-id/forms/Form_40_Individual_Income_Tax#idaho-adjustments","Form 43 maintainer-verified citation (admin drawer offline); grounded in already-ingested library text Citation: https://library.partnertax.ai/us-id/forms/Form_40_Individual_Income_Tax#where-to-file" IL,Illinois,"Form IL-1065 Partnerships must complete Form IL-1065, which is the Partnership Replacement Tax Return filed with the Illinois Department of Revenue for tax years ending on or after December 31, 2025, and before December 31, 2026. Citation: https://library.partnertax.ai/us-il/forms/il-1065?c=1#what-forms-must-i-use","April 15 An automatic six-month extension is granted whether or not requested. If tax is expected to be due, tentative tax must be paid by the original due date to avoid interest and penalty. Citation: https://library.partnertax.ai/us-il/forms/il-1065#general-information","4.95% Illinois allows partnerships to elect to pay PTE tax equal to 4.95 percent of calculated net income for tax years ending on or after December 31, 2021, with the expiration date removed as of 2025. Citation: https://library.partnertax.ai/us-il/forms/il-1065?c=1#definitions","With the timely filed Form IL-1065 The election is made by checking box I on Form IL-1065, Step 1. The ordinary filing requirements and extensions apply to electing partnerships. Citation: https://library.partnertax.ai/us-il/forms/il-1065#step-1-identify-your-partnership","Required on nonresident partners' distributive shares; rate varies by partner type (9.5% for individual nonresident partners of investment partnerships; individual tax rate under IITA Section 201(b) for partnership or S corporation nonresident partners of investment partnerships). For non-investment partnerships, withholding is required at applicable rates under IITA Section 201(a)-(d), with exemptions available by certificate for non-individual partners. Illinois requires withholding on nonresident partners' distributive shares under 35 ILCS 5/709.5. For investment partnerships (taxable years ending on or after December 31, 2023), the regulation states: 'a taxpayer that is an investment partnership...shall withhold from each nonresident partner an amount as calculated in subsection (c)' (86 Ill. Adm. Code 100.7034(a)). The withholding computation multiplies the partner's share of allocable/apportionable income 'by the applicable rates of tax for that partner under IITA Section 201(a) through (d)' (86 Ill. Adm. Code 100.7034(c)(1)(B)). For non-investment partnerships, 'every partnership (other than a publicly traded partnership under Section 7704 of the Internal Revenue Code or investment partnership)...must withhold from each nonresident partner...an amount equal to the sum of (i) the share of business income...apportionable to Illinois plus (ii)...the share of nonbusiness income...allocated to Illinois...multiplied by the applicable rates of tax for that partner, shareholder, or beneficiary under subsections (a) through (d) of Section 201 of this Act' (35 ILCS 5/709.5(a)). Non-individual nonresident partners may obtain exemption by certificate under 35 ILCS 5/709.5(c), but individuals cannot (e2). Investment partnerships cannot use the certificate exemption (86 Ill. Adm. Code 100.7034(b)(2)). Citation: https://library.partnertax.ai/us-il/admincode/sec-100-7034?c=1#body","Yes, elective (for nonresident partners, trusts, and estates) The partnership files the composite return on behalf of eligible nonresident individuals, trusts, and estates. Resident individuals may be included only if a petition is granted by the Department. Citation: https://library.partnertax.ai/us-il/admincode/sec-100-5100#body",—,"October 15 The automatic extension of time to file is granted whether or not you request it. You are not required to file a form in order to obtain this automatic extension. Citation: https://library.partnertax.ai/us-il/forms/il-1065#general-information","Schedule K-1-P Illinois requires partnerships to issue Schedule K-1-P to each partner reporting that partner's share of income. The schedule is referenced throughout the IL-1065 instructions as the state's equivalent to the federal Schedule K-1, with multiple parts (K-1-P(1), K-1-P(2), K-1-P(3), K-1-P(4)) used to report each partner's distributive share of income, gains, losses, deductions, and credits. Citation: https://library.partnertax.ai/us-il/forms/il-1065?c=1#preamble","Form IL-1120 Corporations must complete Form IL-1120 for tax years ending on or after December 31, 2025, and before December 31, 2026. Citation: https://library.partnertax.ai/us-il/forms/il-1120?c=1#what-forms-must-i-use","7% Plus the 2.5% personal property tax replacement income tax on corporations (subsection (d)), for a 9.5% combined rate. maintainer-verified citation (admin drawer offline); grounded in already-ingested library text Citation: https://library.partnertax.ai/us-il/stat/5_201#14","March 16 Under 35 ILCS 5/505(a)(1), corporate returns must be filed on or before the 15th day of the third month following the close of the taxable year. For calendar-year corporations, this is March 15. The statute permits extensions of up to 6 months in the aggregate, and if federal income is reported on a return with a later due date, the Illinois return follows the federal due date. Citation: https://library.partnertax.ai/us-il/stat/5_505?c=1#1",—,"Single sales factor Illinois uses a single sales factor apportionment formula for general corporations. For tax years ending on or after December 31, 2025, Illinois adopts the 'Finnigan' method of apportionment for unitary businesses when computing the sales factor numerator and applying throwback and throw-out rules. Citation: https://library.partnertax.ai/us-il/forms/il-1120#general-information-14","Mandatory unitary combined reporting Corporations (other than S corporations) that are members of the same unitary business group must file as one taxpayer. S corporations and non-corporate members file separate unitary returns. Citation: https://library.partnertax.ai/us-il/forms/sch-ub#general-information","Unlimited carryforward (no carryback); deduction capped at $500,000 per year for tax years ending on or after December 31, 2024 and prior to December 31, 2027 For C corporations, Illinois allows net operating loss carryforwards with no carryback. For tax years ending on or after December 31, 2024 and prior to December 31, 2027 (which includes the 2025 tax year), the annual deduction is limited to $500,000. The statute states that years for which the deduction is disallowed or would exceed the cap are not counted toward the carryforward period, meaning losses can be carried forward indefinitely subject to the annual cap. Citation: https://library.partnertax.ai/us-il/stat/5_207?c=1#2-2","the 15th day of the 4th, 6th, 9th, and 12th months of the taxable year For calendar-year corporations, Illinois requires estimated tax payments on the 15th day of the 4th, 6th, 9th, and 12th months of the taxable year, which corresponds to April 15, June 15, September 15, and December 15. Citation: https://library.partnertax.ai/us-il/forms/il-1120?c=1#when-should-i-pay","Seven months after the original due date (automatic extension); additional extension equal to federal extension plus one month if IRS grants extension beyond automatic extension For corporations with tax years ending on dates other than June 30, Illinois grants an automatic seven-month extension of time to file. The extension is automatic and requires no application form. If the IRS grants an extension beyond the Illinois automatic extension date, the additional Illinois extension will be equal to the federal extension plus one month. The extension applies to Form IL-1120 (Corporation Income & Replacement Tax Return) for calendar-year filers. Citation: https://library.partnertax.ai/us-il/forms/il-1120?c=1#when-should-i-file","Form IL-1040 The Instructions for Form IL-1040 — Individual Income Tax Return establish that resident individuals file Form IL-1040 for the tax year, with a filing period the same as the federal filing period and a due date of April 15 for calendar year 2025 filers. Citation: https://library.partnertax.ai/us-il/forms/il-1040?c=1#when-must-i-file","4.95% (flat rate) Illinois imposes a flat individual income tax rate of 4.95 percent on all taxable income for residents, as stated in the Instructions for Form IL-1040. Citation: https://library.partnertax.ai/us-il/forms/il-1040?c=1#income-tax-rate","April 15 The due date for filing Form IL-1040 (Illinois individual income tax return) for calendar year 2025 is April 15, as stated in the Instructions for Form IL-1040. This is the regular (non-extended) due date; an automatic six-month extension to October 15 is available. Citation: https://library.partnertax.ai/us-il/forms/il-1040?c=1#when-must-i-file","October 15 Illinois grants an automatic six-month extension of time to file individual returns. If a federal extension of more than six months is received, Illinois automatically allows that longer extension. The extended due date for 2025 calendar year filers is October 15, 2026. Citation: https://library.partnertax.ai/us-il/forms/il-1040?c=1#when-must-i-file","April 15, June 15, September 15, January 15 For calendar year individuals. Due dates are the 15th day of the 4th, 6th, 9th, and 12th months of the tax year, with the 4th installment due in January of the following year. Citation: https://library.partnertax.ai/us-il/admincode/sec-700-305#body","None (no universal standard deduction; exemption-based system) Illinois uses an exemption-based system rather than a universal standard deduction. For tax year 2025, individuals are allowed a basic exemption amount of $2,050 plus the cost-of-living adjustment under the statute, plus additional exemptions based on dependents under IRC Section 151, with a phase-out when adjusted gross income exceeds $250,000 for single filers. Citation: https://library.partnertax.ai/us-il/stat/5_204?c=1#7","Flat rate (applies to all taxable income) Illinois imposes a flat income tax rate of 4.95 percent on all taxable income with no graduated brackets or top bracket threshold. Citation: https://library.partnertax.ai/us-il/forms/il-1040?c=1#income-tax-rate","Schedule NR Used by both nonresidents and part-year residents; attached to Form IL-1040. Citation: https://library.partnertax.ai/us-il/forms/il-1040-sch-nr#step-1-provide-the-following-information-9" IN,Indiana,"Form IT-65 A partnership must file an annual return, IT-65, with the department, disclosing each partner's distributive share of partnership income. The IT-65 Booklet identifies this as the Partnership Return form for Indiana tax year 2025. Citation: https://library.partnertax.ai/us-in/regs/3.1-1-105?c=1#subsec-1","April 15 Indiana regulation 45 IAC 3.1-1-105(a) and the IT-65 Booklet establish that partnerships must file Form IT-65 on or before the 15th day of the 4th month following the close of the partnership's accounting year. Citation: https://library.partnertax.ai/us-in/regs/3.1-1-105?c=1#subsec-1","3% (if taxable year ends in 2025) or 2.95% (if taxable year ends in 2026) Indiana offers an elective pass-through entity tax (PTET) for partnerships. The rate is 3% for taxable years ending in 2025, and 2.95% for taxable years ending in 2026, applied to the adjusted gross income attributed to Indiana. The statute references IC 6-3-2-1(a) for rates before July 1, 2025, and IC 6-3-2-1(b) for rates after June 30, 2025. Citation: https://library.partnertax.ai/us-in/forms/it-65-booklet?c=1#instructions-for-each-column","With the timely filed return The election may be made at any time during the taxable year or after the end of the taxable year, but not later than the earlier of the due date of the electing entity's return (including extensions) or the date the electing entity files its return. Extensions apply to the deadline. Citation: https://library.partnertax.ai/us-in/stat/6-3-2.1-3#1","3% on distributive income of nonresident individual partners; corporate partners at corporate tax rate; county tax at county's relevant rate where applicable; composite return filing required for all nonresident partners Indiana requires partnerships to withhold state adjusted gross income tax at 3% on the apportioned distributive shares of partnership income derived from Indiana sources paid or credited to nonresident individual partners. For nonresident corporate partners, withholding must be at the corporate tax rate and calculated to reflect ultimate Indiana tax liability. Partnerships must also withhold county income tax at the county's relevant tax rate on each Indiana nonresident partner whose principal place of business or employment on Jan. 1 is located in an Indiana county. All nonresident partners must be included in a composite return schedule, and the partnership must continue to withhold Indiana adjusted gross income tax for all nonresident partners unless the partner completes a Schedule IN-COMPA or the partnership obtains department consent prior to the partnership's filing deadline. Citation: https://library.partnertax.ai/us-in/forms/it-65-booklet?c=1#withholding-on-partners","Yes, required (Schedule Composite or Schedule Composite-COR) Indiana requires partnerships with nonresident partners to file a composite return on behalf of all nonresident partners. The partnership must file either Schedule Composite (for individual, estate, trust, partnership, or S corporation nonresident partners) or Schedule Composite-COR (for corporate nonresident partners). Failure to include all nonresident partners results in a $500 penalty. Citation: https://library.partnertax.ai/us-in/forms/it-65-booklet?c=1#general-filing-instructions","None (no entity-level tax; informational return only) Indiana does not impose an entity-level income tax on partnerships; they are required to file an informational return (Form IT-65) but are not taxpayers under Indiana law. Citation: https://library.partnertax.ai/us-in/stat/6-3-4-10?c=1#preamble","One month after the last date indicated on the federal extension form (for federal extension); or by request via INTIME or written request to DOR (for Indiana extension). Extension is not automatic for Indiana extension; federal extension is automatic. Indiana accepts the federal Form 7004 extension or federal electronic extension. If a federal extension is obtained, returns postmarked within one month after the last date indicated on the federal extension form are considered timely filed. Alternatively, a partnership can request an Indiana extension of time to file via INTIME or by written request to DOR. The extension applies to filing time only, not to tax liability due. Citation: https://library.partnertax.ai/us-in/forms/it-65-booklet?c=1#extended-filing-due-date","Schedule IN K-1 Indiana partnerships issue Schedule IN K-1 to each partner to report that partner's share of income. The IT-65 Booklet instructions state: 'Complete a separate Schedule I N K-1 to identify each partner.' This is Indiana's state equivalent of the federal Schedule K-1 (Form 1065). Citation: https://library.partnertax.ai/us-in/forms/it-65-booklet?c=1#part-1-partner-s-identification-section","Form IT-20 Form IT-20 is the Indiana Corporate Adjusted Gross Income Tax return filed by C corporations for tax years ending December 31, 2025, or fiscal years beginning in 2025 and ending in 2026. Citation: https://library.partnertax.ai/us-in/forms/it-20-booklet?c=1#filing-period-and-identification","4.9% IC 6-3-2-1(c)(11) establishes the corporate adjusted gross income tax rate of 4.9% for taxable years beginning after June 30, 2021, which applies to tax year 2025. Citation: https://library.partnertax.ai/us-in/stat/6-3-2-1?c=1#16","May 15 IC 6-3-4-3(a)(2) establishes the due date for C corporations whose federal tax return is due on or after the date set forth in subdivision (1), as ""the 15th day of the fifth month following the close of the taxable year."" This applies to regular (non-extended) filings for calendar-year corporations under Indiana's corporate income tax regime. Citation: https://library.partnertax.ai/us-in/stat/6-3-4-3?c=1#2",—,"Single sales factor Indiana uses a single-factor formula based on receipts for apportioning multistate corporate business income under the Adjusted Gross Income Tax Act. The formula divides Indiana receipts by total receipts everywhere to determine the apportionment percentage. Citation: https://library.partnertax.ai/us-in/forms/it-20-booklet?c=1#use-of-apportionment-schedule","Elective consolidated (otherwise separate) For affiliated groups of corporations under the Adjusted Gross Income Tax (AGIT), members may elect to file separately or on a combined basis, with the filing status continuing absent such an election. Citation: https://library.partnertax.ai/us-in/stat/6-3-4-14?c=1#1","20-year carryforward, no carryback IC 6-3-2-2.6 applies to corporations and establishes that an Indiana net operating loss may be carried forward but not carried back. The carryforward period is limited to 20 taxable years after the year of loss. The statute states: 'A taxpayer is not entitled to carryback any net operating losses after December 31, 2011.' The deduction in any carryover year is limited to the taxpayer's adjusted gross income in that year determined without regard to the NOL deduction itself. Citation: https://library.partnertax.ai/us-in/stat/6-3-2-2.6?c=1#preamble","the 20th day of the 4th, 6th, 9th, and 12th months of the taxpayer's tax period For calendar-year corporations, Indiana requires estimated adjusted gross income tax payments on or before April 20, June 20, September 20, and December 20. For corporations using a taxable year that does not end on December 31, the due dates are on or before the twentieth day of the fourth, sixth, ninth, and twelfth months of the taxpayer's taxable year. Payments are required only for corporations with adjusted gross income tax liability exceeding $2,500 for the taxable year. Citation: https://library.partnertax.ai/us-in/stat/6-3-4-4.2?c=1#C-2","Seven months after the original due date (one month after the federal extension date); automatic if federal extension obtained, or by request via INTIME or letter if state extension needed For a calendar-year C corporation filing Form IT-20 (Indiana Corporate Adjusted Gross Income Tax), the original due date is the 15th day of the 4th month following the close of the tax year. Indiana accepts the federal Form 7004 extension automatically; returns postmarked within one month after the federal extension date are timely. If no federal extension is obtained, a corporation may request an Indiana extension via INTIME or by letter prior to the original due date, with prepayment of 90% of tax due required. Citation: https://library.partnertax.ai/us-in/forms/it-20-booklet?c=1#extensions-for-filing-return","Form IT-40 Form IT-40 is the primary state income tax return form for Indiana full-year resident individuals. For part-year residents or nonresidents, Form IT-40PNR or Form IT-40RNR may be required instead. Citation: https://library.partnertax.ai/us-in/forms/it-40-booklet#general-information","3% (flat rate) Indiana imposes a flat individual income tax rate with no graduated brackets. The rate applies to all taxable income. Citation: https://library.partnertax.ai/us-in/stat/6-3-2-1#6","April 15 The regular due date for the 2025 Indiana individual income tax return is April 15, 2026, as stated in multiple official Indiana Department of Revenue form instructions for resident and nonresident individual income tax returns (Forms IT-40, IT-40PNR, and IT-40RNR). Citation: https://library.partnertax.ai/us-in/forms/it-9?c=1#part-2-nonpayment-information","Nov. 16, 2026 Extension is automatic if federal Form 4868 is filed by April 15, 2026. If no federal extension, Indiana Form IT-9 must be filed by April 15, 2026 to obtain the extension. Citation: https://library.partnertax.ai/us-in/forms/it-9#part-2-nonpayment-information","April 15, June 15, September 15, January 15 Indiana requires individuals to make quarterly estimated tax payments on these four dates for tax year 2026. The evidence states: 'Estimated tax installment payments made for the 2026 tax year are due by: • April 15, 2026 (1st installment) • June 15, 2026 (2nd installment) • Sept. 15, 2026 (3rd installment) • Jan. 15, 2027 (4th installment)'. Special exceptions apply to farmers and fishermen with at least two-thirds of gross income from farming or fishing, who have only one payment due date of January 15, 2027, and to early filers who file and pay by February 2, 2027. Citation: https://library.partnertax.ai/us-in/forms/it-40-booklet?c=1#line-19-amount-to-be-applied-as-a-2026-estimated",—,—,"Form IT-40PNR Nonresident and part-year resident individuals file Form IT-40PNR. Form IT-40RNR (Reciprocal Nonresident Indiana Individual Income Tax Return) is available only for residents of Kentucky, Michigan, Ohio, Pennsylvania, or Wisconsin with limited income types. Citation: https://library.partnertax.ai/us-in/forms/it-40pnr-booklet#line-6-2" IA,Iowa,"IA 1065 The IA 1065 is the Iowa Partnership Return of Income form that partnerships must file with the Iowa Department of Revenue. Partnerships doing business in Iowa or deriving income from Iowa sources are required to file this form. Citation: https://library.partnertax.ai/us-ia/forms/ia-1065-inst#who-must-file","April 30 For calendar year filers, the due date is April 30, 2026 for the 2025 tax year. Partnerships automatically receive a 6-month extension if they owe no Iowa tax and do not file by the original due date, provided the return is filed within that 6-month period. If making a PTET election, a 6-month automatic extension is granted only if at least 90% of the total tax liability is paid by the original due date. Citation: https://library.partnertax.ai/us-ia/forms/ia-1065-inst#who-must-file","3.8% Iowa offers an elective pass-through entity tax (PTET) for partnerships at a flat rate of 3.8%. This is calculated by multiplying the partnership's Iowa taxable income by 3.8%. Citation: https://library.partnertax.ai/us-ia/forms/ia-1065-inst#part-5-ptet-election","six months after the original due date for filing the return For calendar-year partnerships, the original due date for filing the IA 1065 is April 30, 2026 for tax year 2025, making the PTET election deadline October 30, 2026. The election is irrevocable and may be made by the deadline even if the income tax return and payment will be late, though late file and late pay penalties may apply. Citation: https://library.partnertax.ai/us-ia/forms/ia-1065-inst#preamble","Required on nonresident partners' distributive shares; composite return filing and tax remittance on behalf of nonresident partners at rates of 3.8% (individuals, estates, trusts, S corporations, partnerships), 7.1% (C corporations, tax-exempt entities subject to UBIT), or 4.1% (financial institutions). Withholding can be waived by Nonresident Member Composite Agreement (Form 41-175). Iowa requires pass-through entities with nonresident members to file an IA PTE-C Iowa Composite Return and remit Iowa income or franchise tax on behalf of nonresident partners. The composite return mechanism applies graduated tax rates based on member type: 3.8% for individuals, estates, trusts, S corporations, and partnerships; 7.1% for C corporations and tax-exempt entities subject to UBIT; and 4.1% for financial institutions. Nonresident members may be exempt from the tax remittance requirement if they complete a signed Nonresident Member Composite Agreement (Form 41-175) for the tax year. Citation: https://library.partnertax.ai/us-ia/forms/ia-pte-c-inst?c=1#who-must-file","Yes, mandatory (Form IA PTE-C) Partnerships with nonresident members must file an IA PTE-C Iowa Composite Return and pay composite tax on behalf of nonresident members, unless specific exemptions apply (publicly-traded partnerships, PTET election, certain financial institutions, or no positive Iowa-source income from nonresident members). Citation: https://library.partnertax.ai/us-ia/forms/ia-pte-c-inst#who-must-file",—,"October 31 The extension is automatic and does not require a request form. However, it applies only if at least 90% of the total tax liability is paid by the original due date. For partnerships not making a PTET election that owe no Iowa tax, an automatic six-month extension is available without the 90% payment requirement. Citation: https://library.partnertax.ai/us-ia/forms/ia-1065-inst#who-must-file","IA Schedule K-1 Iowa partnerships issue IA Schedule K-1 to each partner reporting that partner's share of income, modifications, and other distributive share items. This is Iowa's equivalent to the federal Schedule K-1. Citation: https://library.partnertax.ai/us-ia/forms/ia-1065-inst#who-must-file","IA 1120 C corporations file the IA 1120 Iowa Corporation Income Tax return. The evidence refers to this form as the standard corporate income tax return for regular corporations in Iowa. Citation: https://library.partnertax.ai/us-ia/forms/ia-1120-inst#preamble","9.8% Iowa Code § 422.33(1)(a)(4) imposes a top corporate income tax rate of 9.8% on C corporation taxable income of $250,000 or more for tax years beginning on or after January 1, 2021. Citation: https://library.partnertax.ai/us-ia/stat/422.33?c=1#4","April 30 For calendar-year filers. Fiscal year filers have until the last day of the fourth month after the end of the fiscal year. Cooperative associations have until the 15th day of the ninth month after the close of their tax period. Citation: https://library.partnertax.ai/us-ia/forms/ia-1120-inst#when-to-file",—,"Business activity ratio (sales factor) Iowa Code § 422.33(2)(d) provides that for income derived from the manufacture or sale of tangible personal property, the part attributable to business within the state is determined by the proportion that gross sales made within the state bear to total gross sales. This is the primary apportionment method for C corporations; Iowa Code § 422.33(2) also permits alternative apportionment methods for other types of business income (business interest, dividends, rents, royalties, and capital gains) under director rules, but the statutory default for tangible personal property sales is the sales factor. Citation: https://library.partnertax.ai/us-ia/stat/422.33?c=1#2","Elective consolidated (otherwise separate) Iowa Code § 422.37 permits affiliated groups of corporations to elect consolidated returns: 'Any affiliated group of corporations may, not later than the due date for filing its return for the taxable year, including any extensions thereof, under rules to be prescribed by the director, elect, and upon demand of the director shall be required, to make a consolidated return showing the consolidated net income of all such corporations.' The default regime is separate-entity filing; consolidation requires an affirmative election by the due date. Citation: https://library.partnertax.ai/us-ia/stat/422.37?c=1#preamble","2-year carryback and 20-year carryforward for losses in tax years beginning after August 5, 1997; 3-year carryback and 15-year carryforward for losses in tax years beginning prior to August 6, 1997. Special casualty/theft/disaster losses: 3-year carryback and 20-year carryforward. No deduction cap stated. For tax years beginning after August 5, 1997, the standard rule is 2-year carryback and 20-year carryforward. For casualty, theft, or disaster losses, a 3-year carryback and 20-year carryforward applies. An election under IRC Section 172(b)(3) allows waiver of carryback and 20-year (or 15-year for pre-1997 losses) carryforward only. No deduction cap is stated in the evidence. Citation: https://library.partnertax.ai/us-ia/regs/302.18#3","the last day of the fourth month of the taxable year, the last day of the sixth month of the taxable year, the last day of the ninth month of the taxable year, and the last day of the taxable year Iowa Code § 422.86(1) establishes that if estimated tax is first determined to exceed $1,000 on or before the last day of the fourth month, the tax shall be paid in four equal installments on the dates specified. This applies to corporations filing on a calendar-year basis. Citation: https://library.partnertax.ai/us-ia/stat/422.86?c=1#1","October 31 The extension is automatic for corporations that have paid 90% or more of their correct tax on or before the original due date (April 30). No extension request form is required. Corporations that have not paid 90% or more of their correct tax by the original due date are not allowed the additional six-month extension period and owe both penalty and interest on additional tax due after the original due date. Citation: https://library.partnertax.ai/us-ia/forms/ia-1120-inst#when-to-file","IA 1040 The IA 1040 is the primary state individual income tax return form for resident individuals in Iowa. Residents must complete the federal 1040 or 1040-SR first, then complete the IA 1040. Citation: https://library.partnertax.ai/us-ia/forms/ia-1040-inst#step-1-before-you-begin","3.8% (flat rate) Iowa Code § 422.5(1)(a) imposes a tax on resident and nonresident individuals at a rate of three and eight-tenths percent on taxable income. The IA 1040 instructions confirm that for tax year 2025, Iowa has a flat tax rate of 3.8%. Citation: https://library.partnertax.ai/us-ia/forms/ia-1040-inst?c=1#before-you-begin","April 30 Iowa Code § 422.21(1) establishes that individual income tax returns ""shall be filed with the department on or before the last day of the fourth month after the expiration of the tax year."" For calendar year 2025 filers, this corresponds to April 30, 2026. Iowa Admin. Code r. 701—301.2(1) confirms this rule applies to individuals and notes that when the due date falls on Saturday, Sunday, or holiday, the return is due the following business day. Citation: https://library.partnertax.ai/us-ia/stat/422.21?c=1#1","October 31 Iowa grants an automatic extension to October 31, 2026, without requiring a separate extension form or request, provided the taxpayer pays at least 90% of total tax liability by the original due date of April 30, 2026. The extension is automatic; no extension form is available or required. Citation: https://library.partnertax.ai/us-ia/forms/ia-1040-inst?c=1#extension-requests","April 30, June 30, September 30, January 31 These are the quarterly estimated tax payment due dates for individuals filing on a calendar-year basis for tax year 2025. The fourth installment (January 31) is due in the following year. If a due date falls on a weekend or holiday as defined in Iowa Code section 421.9A, the due date is the following business day. Citation: https://library.partnertax.ai/us-ia/forms/ia-1040-inst#iowa-residents",—,"Flat rate (applies to all taxable income) Iowa has a single flat tax rate of 3.8% for tax year 2025, which applies to all taxable income for individuals. There are no tax brackets or threshold levels where a top marginal rate begins. Citation: https://library.partnertax.ai/us-ia/stat/422.63#2","IA 1040 with IA 126 Nonresidents and part-year residents file the IA 1040 (Iowa Individual Income Tax return) along with the IA 126 (Iowa Nonresident and Part-year Resident Credit Schedule). The IA 126 is required to compute the nonresident credit that allows a credit against Iowa income tax liability for income earned outside Iowa while a nonresident. Citation: https://library.partnertax.ai/us-ia/forms/ia-1040-inst?c=1#who-must-file" KS,Kansas,"Form K-120S A Partnership return (K-120S) must be completed by any business partnership, syndicate, pool, joint venture or other such joint enterprise to report income from operations. Citation: https://library.partnertax.ai/us-ks/forms/scorpbook25?c=1#general-information","April 15 For calendar year partnerships, the return must be filed no later than one month after the due date established under the federal internal revenue code. Citation: https://library.partnertax.ai/us-ks/forms/scorpbook25#general-information","5.58% Kansas elective pass-through entity tax rate applies to the sum of each electing owner's pro rata or distributive share of the entity's income. Citation: https://library.partnertax.ai/us-ks/forms/scorpbook25#line-instructions-for-form-k-120s-page-1-2","With the timely filed return K.S.A. 79-32,286 provides that an S corporation or partnership ""shall make the election on the return filed by such S corporation or partnership under K.S.A. 79-3220 and 79-3221."" The K-120S booklet confirms the election is made by marking box N on the return itself, and the ordinary filing requirements and extensions apply to the K-120S return. Citation: https://library.partnertax.ai/us-ks/stat/79-32,286?c=1","5.58% on distributive income of nonresident partners (via electing pass-through entity tax at entity level under K-120S election) Kansas allows partnerships and S corporations to elect under the SALT Parity Act to be taxed at the entity level on the K-120S form. Under this election, the entity computes tax at 5.58% on Kansas taxable income allocated to all partners/shareholders, including nonresidents. The entity withholds and pays this tax on behalf of all partners. Nonresident partners' distributive shares are subject to this 5.58% entity-level tax, which functions as the withholding mechanism. The evidence states: ""Multiply line 4 by 5.58%"" for computing total tax on each partner's Kansas taxable income share, and nonresident partners are identified in Part III but are subject to the same 5.58% rate computation as resident partners under the electing entity regime. Citation: https://library.partnertax.ai/us-ks/forms/scorpbook25?c=1#part-iii-partner-s-or-shareholder-s-distribution-of-income-e","Yes, elective (Form K-40C) Any partnership or S corporation required to file a Kansas income tax return may elect to file a composite income tax return for its nonresident partners or nonresident shareholders. Nonresident partners and nonresident shareholders included in a composite return shall not file a separate income tax return. Citation: https://library.partnertax.ai/us-ks/forms/k-40c#general-information","None (no entity-level annual fee; franchise tax applies only to entities taxed as corporations) K.S.A. 79-5401 imposes a franchise tax on limited liability companies, limited partnerships, and limited liability partnerships only when they have net capital accounts of $1,000,000 or more (for tax years after December 31, 2006), and the tax is calculated as a percentage of net capital accounts, not as a fixed annual fee. The statute explicitly limits franchise tax to entities meeting the capital threshold and does not impose a fixed annual fee on partnerships or LLCs taxed as partnerships. The 2025 K-120S Partnership/S Corporation return instructions contain filing and payment requirements but do not state any fixed annual fee or minimum tax for partnerships. Citation: https://library.partnertax.ai/us-ks/stat/79-5401?c=1#2","October 15 Kansas does not have a separate extension request form. If federal Form 7004 was filed with the IRS for an extension, enclosing a copy with the completed K-120S automatically grants a six-month extension for partnerships and S corporations. Citation: https://library.partnertax.ai/us-ks/forms/scorpbook25#general-information","Part II Kansas partnerships use Part II of Form K-120S to report each partner's distribution of income, which serves as the state's K-1 equivalent. Citation: https://library.partnertax.ai/us-ks/forms/scorpbook25#line-instructions-for-form-k-120s-page-3","Form K-120 Form K-120 is the Kansas corporate income tax return form that C corporations file. The evidence identifies it as ""Form K-120"" in the title ""2025 Corporate Income Tax Instructions (K-120)"" and states that ""All other corporations must file Form K-120,"" distinguishing it from S corporations which file Form K-120S. Citation: https://library.partnertax.ai/us-ks/forms/corpbook25?c=1#general-information","7% Kansas imposes a normal tax of 4% plus a surtax of 3% on Kansas taxable income of corporations in excess of $50,000, for a combined top rate of 7% on corporate net income. Citation: https://library.partnertax.ai/us-ks/stat/79-32,110?c=1#c","April 15 For calendar-year C corporations, Kansas requires the return to be filed no later than one month after the federal due date (including any federal extension). Payment of any liability is separately due April 15, 2026 for the 2025 tax year. This rule applies to corporations required to file a federal income tax return under K.S.A. 79-3221(c)(2) and is stated in the 2025 Corporate Income Tax Instructions (K-120). Citation: https://library.partnertax.ai/us-ks/forms/corpbook25?c=1#general-information","None (no minimum tax stated in the corporate return instructions) Kansas imposes a corporate income tax computed as a normal tax of 4% plus a surtax of 3% on income in excess of $50,000. The corporate return instructions and tax computation authority contain no minimum tax, fixed-dollar tax, or floor. The franchise tax under K.S.A. 79-5401 was repealed effective for tax years commencing after December 31, 2010, and therefore does not apply to the 2025 tax year. Citation: https://library.partnertax.ai/us-ks/stat/79-32,110#c","Three-factor (property, payroll, sales) Railroads use single-factor freight car mileage; interstate motor carriers use single-factor total miles operated; qualifying taxpayers with payroll factor exceeding 200% of the average of property and sales factors may elect two-factor (property, sales) Citation: https://library.partnertax.ai/us-ks/forms/corpbook25#instructions-for-form-k-120as","Combined Income Method-Single Corporate Filing Kansas uses the combined income approach for unitary groups. When a group of corporations conduct a unitary business both within and outside of Kansas, the source of income is determined by the combined income approach with formula apportionment. Multiple corporation filing is also available where more than one entity doing business in Kansas may file one Kansas return reporting the total combined income. Citation: https://library.partnertax.ai/us-ks/forms/corpbook25#general-information","Carryforward only; no carryback NOLs from tax years after 2017 carry forward without a year limit; losses incurred before 2018 were limited to 10 years. maintainer-verified citation (admin drawer offline); grounded in already-ingested library text Citation: https://library.partnertax.ai/us-ks/stat/79-32,143#1","the 15th day of the fourth, sixth, ninth, and twelfth months of the corporate taxable year Corporate estimated tax vouchers are due on or before these dates without regard to an extension of time to file for the prior year's income tax return. When the due date falls on a Saturday, Sunday, or legal holiday, the next regular workday is substituted. Citation: https://library.partnertax.ai/us-ks/forms/k-120es26#when-to-file-your-estimated-tax-vouchers","October 15 Kansas automatically grants a six-month extension when federal Form 7004 is filed with the IRS. A copy of federal Form 7004 must be enclosed with the completed K-120. Kansas does not have a separate extension request form. Citation: https://library.partnertax.ai/us-ks/forms/corpbook25#general-information","Form K-40 The 2025 Individual Income Tax Booklet identifies Form K-40 as the primary Kansas individual income tax return form for resident individuals, with instructions provided for completing lines and schedules on this form for the 2025 tax year. Citation: https://library.partnertax.ai/us-ks/forms/incomebook25?c=1#k-40-instructions","5.58% (top bracket rate) Kansas applies a graduated tax rate structure with a top marginal rate of 5.58% on taxable income over $46,000 for married filing joint filers and over $23,000 for single, head of household, or married filing separate filers, as shown in the 2025 Tax Computation Worksheet. Citation: https://library.partnertax.ai/us-ks/forms/incomebook25?c=1#2024-tax-computation-worksheet","April 15 For fiscal year filers, the return is due the 15th day of the 4th month following the end of the fiscal year. Citation: https://library.partnertax.ai/us-ks/forms/incomebook25#important-information","October 15 Kansas grants an automatic extension when federal Form 4868 is filed with the IRS. A copy of federal Form 4868 must be enclosed with the completed Kansas return. Kansas does not have a separate extension request form. Citation: https://library.partnertax.ai/us-ks/forms/incomebook25#amended-returns","April 15, June 15, September 15, January 15 For calendar year taxpayers (except farmers and fishers). Farmers and fishers have a single payment due date of January 15 unless their return for the tax year is filed and tax fully paid by March 1 of the following year. When a due date falls on a Saturday, Sunday, or legal holiday, the next regular workday is substituted. Citation: https://library.partnertax.ai/us-ks/forms/k-40es26#when-to-file-your-estimated-tax-vouchers","$3,605 The 2025 Individual Income Tax Booklet states the standard deduction for single filers is $3,605 for tax year 2025, to be entered on line 4 of Form K-40. Citation: https://library.partnertax.ai/us-ks/forms/incomebook25?c=1#important-information","over $23,000 For single filers in tax year 2025, the top marginal rate of 5.58% begins on taxable income over $23,000, as shown in the 2025 Tax Computation Worksheet for Single, Head of Household, or Married Filing Separate filers. Citation: https://library.partnertax.ai/us-ks/forms/incomebook25?c=1#2024-tax-computation-worksheet","Form K-40 with Schedule S, Part B Nonresidents and part-year residents file Form K-40 and must complete Part B of Schedule S to determine the nonresident allocation percentage. The instructions state: 'If you are filing as a nonresident, you must complete Part B of Schedule S' and 'enclosed Schedule S if you have a modification on line 2, if you filed as a nonresident or part-year resident, or if you itemized your deductions for Kansas.' Citation: https://library.partnertax.ai/us-ks/forms/incomebook25?c=1#k-40-instructions" KY,Kentucky,"Form PTE Partnerships are required to file Form PTE (Kentucky Pass-Through Entity return) for income tax and LLET purposes. General partnerships do not owe payment with the return but must file the form. Citation: https://library.partnertax.ai/us-ky/forms/41apte#entity-income-and-llet-return-purpose-of-the-instructions","April 15 Kentucky requires a pass-through entity return (Form PTE), which includes partnerships, to be filed and payment made on or before the 15th day of the fourth month following the close of the taxable year per KRS 141.160 and KRS 141.220. Citation: https://library.partnertax.ai/us-ky/forms/41apte?c=1#kentucky-forms-and-schedules","4.0% Kentucky offers an elective pass-through entity tax (PTET) at a rate of 4.0% for tax year 2025, applicable to partnerships, S corporations, and other pass-through entities that elect to pay tax at the entity level under the regime called 'Pass-Through Entity Tax' or 'PTET'. Citation: https://library.partnertax.ai/us-ky/forms/740-ptet?c=1#tax-rate","Fifteenth day of the fourth month after the close of the taxable year, or fifteenth day of the tenth month after the close of the taxable year if the return is filed under KRS 141.170 KRS 141.209(2)(c) establishes that for taxable years beginning on or after January 1, 2023, the PTE election may be made at any time during the taxable year or after the end of the taxable year, but not later than the fifteenth day of the fourth month after the close of the taxable year, or the fifteenth day of the tenth month after the close of the taxable year if the return is filed under KRS 141.170. The election is made on a form prescribed by the department. Citation: https://library.partnertax.ai/us-ky/stat/141.209?c=1#c-2","4% on distributive share income of nonresident partners, whether distributed or undistributed KRS 141.206(4) requires every pass-through entity (except publicly traded partnerships) to withhold Kentucky income tax on the distributive share, whether distributed or undistributed, of each nonresident individual partner, member, or shareholder at the rate of 4.0% per KRS 141.020. Withholding is not required if the partner is exempt from withholding per KRS 141.206(6)(a), exempt from Kentucky income tax per KRS 141.020, a qualified investment partnership partner, or a pass-through entity itself. Citation: https://library.partnertax.ai/us-ky/stat/141.206?c=1#a-3","Yes, elective (Form 740NP-WH) KRS 141.206(4) requires pass-through entities to withhold Kentucky income tax on nonresident individual partners' distributive share income at the highest rate under KRS 141.020. Form 740NP-WH is the Nonresident Withholding Return used to report and satisfy this withholding requirement on behalf of nonresident partners. Citation: https://library.partnertax.ai/us-ky/forms/41apte?c=1#general-information","None -- no payment is due for general partnerships filing Form PTE Kentucky law provides that general partnerships filing Form PTE (the Kentucky Pass-Through Entity return) owe no annual fee or payment. S corporations and LLCs taxed as partnerships must pay corporation income tax and/or LLET, but general partnerships are explicitly exempt from payment obligations. Citation: https://library.partnertax.ai/us-ky/forms/41apte?c=1#partnership-or-an-s-corporation","October 15 For partnerships, a six-month extension is available by filing Form 720EXT by the original due date. General Partnerships may alternatively file Form 40A102. The extension is automatic upon filing the extension form by the original due date. Citation: https://library.partnertax.ai/us-ky/forms/41apte#kentucky-forms-and-schedules","Schedule K-1 (Form PTE) Kentucky Schedule K-1 (Form PTE) shows each owner's pro rata share of the pass-through entity's income, deductions, credits, etc., and must be completed and given to each owner. Citation: https://library.partnertax.ai/us-ky/forms/41apte?c=1#general-instructions","Form 720 Form 720 is the Kentucky Corporation Income Tax return filed by C corporations. The evidence identifies Form 720 as the standard corporate income tax return, with Form 720U used only by combined groups filing as a unitary business. Citation: https://library.partnertax.ai/us-ky/forms/720u?c=1#purpose-of-the-instructions","5% KRS 141.040(2) establishes a flat rate of 5% of taxable net income for C corporations for taxable years beginning on or after January 1, 2018, which includes the 2025 tax year. Citation: https://library.partnertax.ai/us-ky/stat/141.040?c=1#2","March 15 For calendar-year filers, this means the return is due March 15 of the year following the close of the taxable year. Citation: https://library.partnertax.ai/us-ky/stat/136.545#1","$300 minimum tax (KRS 136.510) KRS 136.510(2) imposes a minimum franchise tax of $300 per year on each financial institution regularly engaged in business in Kentucky. This is a minimum tax on financial institutions under the franchise tax regime, applicable regardless of net capital. Citation: https://library.partnertax.ai/us-ky/stat/136.510?c=1#2","Single sales factor (receipts factor) Kentucky uses a single-factor apportionment formula based on receipts. The apportionment fraction is calculated by dividing Kentucky receipts by total receipts everywhere. Some entities are required to use three-factor apportionment per KRS 141.121. Citation: https://library.partnertax.ai/us-ky/forms/720u#reason","Mandatory unitary combined reporting Corporations that are part of a unitary business are required to file as a combined group for tax years beginning on or after January 1, 2019, unless the group elects to file a same-as-federal affiliated group consolidated return. Citation: https://library.partnertax.ai/us-ky/forms/720u#purpose-of-the-instructions","Indefinite carryforward for post-2017 NOLs, limited to 80% of taxable income; no carryback NOLs generated in tax years beginning after December 31, 2017, may only offset up to 80% of taxable income but any unused amounts are available for carryforward indefinitely per IRC Sec. 172. Citation: https://library.partnertax.ai/us-ky/forms/720u#line-20-if-there-is-an-amount-due-reflected-on-line-16-add","April 15, June 15, September 15, December 15 For calendar-year corporations with estimated tax liability exceeding $5,000, 25% of estimated tax must be paid by the 15th day of the 4th, 6th, 9th, and 12th months of the tax year. Citation: https://library.partnertax.ai/us-ky/forms/720u#kentucky-forms-and-schedules","seven (7) months after the original due date; extension must be requested The extension is not automatic; a corporation must request it on or before the original due date and pay the estimated tax. An extension of time to file does not extend the due date for payment of tax. Citation: https://library.partnertax.ai/us-ky/stat/141.170#2","Form 740 Form 740 is the Kentucky Individual Income Tax Return that resident individuals file for the tax year 2025. Citation: https://library.partnertax.ai/us-ky/forms/740?c=1#line-4-enter-federal-net-operating-loss-reported-on-schedule","4% (flat rate) For tax year 2025, Kentucky imposes a flat individual income tax rate of 4% on net income. This rate applies to all taxable income for individuals filing Kentucky Form 740. Citation: https://library.partnertax.ai/us-ky/forms/740?c=1#what-s-new","April 15 KRS 141.160(1) establishes that all returns of income for the preceding taxable year shall be made by April 15 in each year, except returns made on the basis of a fiscal year, which shall be made by the fifteenth day of the fourth month following the close of the fiscal year. Citation: https://library.partnertax.ai/us-ky/stat/141.160?c=1#1","October 15 Kentucky honors federal extensions for individual income tax filers. Individuals who receive a federal extension are not required to request a separate Kentucky extension and can meet requirements by enclosing a copy of the federal Form 4868 application with the Kentucky return. Extensions are limited to six months from the original April 15 due date. Citation: https://library.partnertax.ai/us-ky/forms/740?c=1#confidentiality","April 15, June 15, September 15, January 15 Installments for calendar year 2026 are due April 15, June 15, September 15, 2026, and January 15, 2027. Fiscal year filers have due dates on the 15th day of the fourth, sixth, and ninth months of their fiscal year and the 15th day of the first month of the following fiscal year. Citation: https://library.partnertax.ai/us-ky/forms/740-es#special-rules","$3,270 Form 740 instructions for 2025 state that nonitemizers may enter the standard deduction of $3,270, and if filing a joint return, only one $3,270 standard deduction is allowed. For single filers, this is the applicable standard deduction amount. Citation: https://library.partnertax.ai/us-ky/forms/740?c=1#what-s-new","Flat rate (applies to all taxable income) Kentucky imposes a flat individual income tax rate with no brackets. For tax year 2025, the rate is 4% of net income, and for taxable years beginning on or after January 1, 2026, the rate is 3.5% of net income. Since a single flat rate applies to all taxable income regardless of amount, there is no threshold at which a top bracket begins. Citation: https://library.partnertax.ai/us-ky/forms/740?c=1#what-s-new","Form 740-NP Form 740-NP is used by full-year nonresidents who had income from Kentucky sources and by part-year residents who had income while a Kentucky resident or from Kentucky sources while a nonresident. Citation: https://library.partnertax.ai/us-ky/forms/740-np#kentucky-individual-income-tax-return" LA,Louisiana,"Form IT-565 Louisiana requires partnerships doing business or deriving Louisiana sourced income to file Form IT-565, Partnership Return of Income, with the Department of Revenue. Citation: https://library.partnertax.ai/us-la/regs/61_I.1402?c=1#2","May 15 For calendar year partnerships, this means May 15 of the year following the close of the calendar year. Citation: https://library.partnertax.ai/us-la/forms/it-565#when-and-where-to-file","3% Louisiana allows S corporations and other entities taxed as partnerships to elect to pay Louisiana income tax at the entity level at a rate of 3 percent under La. R.S. 47:287.732.2, as stated in the IT-540 instructions and confirmed in the CIT-620ES estimated tax worksheet for tax year 2025. Citation: https://library.partnertax.ai/us-la/forms/it-540?c=1#line-2c-enter-any-previously-exempted-louisiana-student-tuit","Election filed on Form R-6980 and accepted by LDR; may be made during the taxable year maintainer-verified citation (admin drawer offline); grounded in already-ingested library text Citation: https://library.partnertax.ai/us-la/forms/cift-620#pass-through-entity-tax-election","3% on distributive shares of nonresident partners included on Schedule 6922 (composite return); alternatively, partnership may file agreement with nonresident partner to file individual return, or make composite payment at maximum individual tax rate on nonresident partner's share of partnership income attributable to Louisiana Louisiana requires partnerships with nonresident partners to either (1) file a composite return (Schedule 6922) at 3% rate on total distributive shares, (2) file a written agreement with each nonresident partner agreeing to file an individual return and pay tax, or (3) make a composite payment equal to the maximum individual tax rate multiplied by the nonresident partner's share of partnership income from Louisiana sources. The composite payment is due by the earlier of the composite return filing date or due date, without regard to extensions. Citation: https://library.partnertax.ai/us-la/forms/it-565#extension-of-time-for-filing-a-return","Yes, required (Schedule 6922) Partnerships with nonresident partners must file Schedule 6922 unless all nonresident partners are corporations, partnerships, or tax-exempt trusts; all nonresident individual, estate, and trust partners have a valid agreement on file with the Department of Revenue; or the partnership made the pass-through entity tax election. Citation: https://library.partnertax.ai/us-la/forms/it-565#extension-of-time-for-filing-a-return","None (no entity-level tax; informational return only) Louisiana law provides that a partnership shall not be subject to the income tax imposed by the state, but is required to file an annual informational partnership return of income. Citation: https://library.partnertax.ai/us-la/stat/47_201?c=1#A","November 16 The extension is automatic; no paper or electronic extension form needs to be filed. The extension does not extend the time to pay tax due. Citation: https://library.partnertax.ai/us-la/forms/it-565#extension-of-time-for-filing-a-return","Schedule K-1 Louisiana partnerships must provide their partners or members a Schedule K-1 and other documentation required to substantiate their share of any credit passed down from the entity. Citation: https://library.partnertax.ai/us-la/forms/it-565?c=1#general-information-regarding-tax-credits","CIFT-620 CIFT-620 is the Corporation Income & Franchise Tax return form that C corporations file in Louisiana. The evidence identifies this as the official form for both income tax (for tax year 2024) and franchise tax (for tax year 2025) purposes. Citation: https://library.partnertax.ai/us-la/forms/cift-620?c=1#louisiana-revised-statutes","5.5% La. R.S. 47:287.12 establishes the corporate income tax rate for taxable years beginning on or after January 1, 2025, applicable to C corporations computing tax on Louisiana taxable income. Citation: https://library.partnertax.ai/us-la/stat/47_287.12?c=1","May 15 For calendar year filers, this is May 15, 2025 for tax year 2024. Citation: https://library.partnertax.ai/us-la/forms/cift-620#when-to-file","$100,000 minimum franchise tax for public utility holding corporations Public utility holding corporations are required to pay a minimum franchise tax of $100,000 per year under La. R.S. 47:602(C). No general minimum franchise tax for other corporations is stated in the evidence. Citation: https://library.partnertax.ai/us-la/forms/cift-620#louisiana-revised-statutes","Multiple formulas depending on primary business: Oil and gas businesses use four-factor formula (property, payroll, double-weighted sales); Air transportation uses single sales factor; Other transportation uses single sales factor; Service enterprises use two-factor formula (payroll, sales); Manufacturing and merchandising use single sales factor; Loan businesses use two-factor formula (payroll, sales) Louisiana applies different apportionment formulas based on the taxpayer's primary business. For oil and gas businesses, the formula is the arithmetical average of four ratios: property, payroll, and double-weighted sales. For air transportation, other transportation, manufacturing, merchandising, and service enterprises, single or two-factor formulas apply based on the specific business type. Citation: https://library.partnertax.ai/us-la/forms/cift-620#schedule-b-computation-of-income-tax-apportionment-percentag","Separate-entity filing Louisiana law does not provide for filing consolidated returns. Generally, separate corporate income and franchise tax returns must be filed by all corporate entities liable for a Louisiana tax return. Citation: https://library.partnertax.ai/us-la/forms/cift-620#who-must-file","Indefinite carryforward, no carryback, limited to 72% of net income For tax periods beginning on or after January 1, 2001, NOLs can be carried forward indefinitely. The NOL deduction is limited to 72 percent of net income. No carryback is permitted under Louisiana law. Citation: https://library.partnertax.ai/us-la/forms/cift-620#entity-not-required-to-file-income-tax","April 15, June 15, September 15, December 15 For calendar-year corporations (Year Ended December 31, 2025), Louisiana requires four estimated tax installment payments on these dates. The statute La. R.S. 47:287.654 requires payments generally on or before the 15th day of the 4th, 6th, 9th, and 12th months of the taxable year; the CIFT-620ES form instructions provide the specific calendar dates for 2025 calendar-year filers. Citation: https://library.partnertax.ai/us-la/forms/cift-620es?c=1#full","November 15 Extension is automatic if taxpayer timely requested a federal extension for the same taxable period and marks the box on Form CIFT-620 indicating this. No state extension form needs to be filed. Extension applies to both Corporation Income Tax and Corporation Franchise Tax (if filing both). Extension does not extend the time to pay tax; payment remains due by original due date (May 15, 2025 for calendar-year filers). Citation: https://library.partnertax.ai/us-la/forms/cift-620#extension-of-time-for-filing-a-return","Form IT-540 For Louisiana resident individuals. Nonresidents must use Form IT-540B. Part-year residents have the option to file either form. Citation: https://library.partnertax.ai/us-la/forms/it-540#who-must-file-a-return","3% (flat rate) La. R.S. 47:32 establishes that the tax on individuals is computed at a flat rate of three percent on net income, applicable to all taxable income with no graduated brackets. Citation: https://library.partnertax.ai/us-la/stat/47_32?c=1#A","May 15 For calendar year 2025, the due date is May 15, 2026. If the due date falls on a weekend or legal state holiday, the return is due the next business day. Citation: https://library.partnertax.ai/us-la/forms/it-540#when-to-file","November 16 Automatic extension; no extension request required. Extension applies to 2025 calendar year individual income tax returns. Citation: https://library.partnertax.ai/us-la/forms/it-540#extension-of-time-for-filing-a-return","April 15, June 15, September 15, January 15 For calendar year filers. Fiscal year filers use the 15th day of the 4th, 6th, 9th month of the fiscal year, and 1st month following close of fiscal year. Citation: https://library.partnertax.ai/us-la/forms/it-540es#full","$12,500.00 For tax year 2025, Louisiana allows a standard deduction for single individuals and married-separate filers of $12,500.00. Married-joint, qualified surviving spouse, and head of household filers receive 200% of this amount ($25,000.00). Citation: https://library.partnertax.ai/us-la/stat/47_294#A","Flat rate (applies to all taxable income) Louisiana imposes a single flat tax rate of 3% on all individual taxable income with no progressive brackets or top bracket threshold. Citation: https://library.partnertax.ai/us-la/stat/47_32#A","Form IT-540B Louisiana requires nonresidents and part-year residents to file Form IT-540B for their individual income tax return. Citation: https://library.partnertax.ai/us-la/forms/it-540b?c=1#schedule-d-nr-donations" ME,Maine,"None Maine imposes no income tax on partnerships. The entity is not a taxpayer under Maine law, and Maine prescribes no partnership income tax return. The repeal of 36 M.R.S. § 5241 removed the entity-level return requirement from the statute. Partners are taxed individually on their distributive shares. A partnership with Maine-source income and at least one nonresident member must file Form 941P-ME (a withholding return), but this is not a partnership return; it is an entity-level withholding report for nonresident members. Citation: https://library.partnertax.ai/us-me/no-tax/partnership-income-tax#no-partnership-return","None Maine imposes no income tax on partnerships. Partners are taxed individually. No Maine partnership return or Maine K-1 exists. A partnership with Maine-source income and at least one nonresident member files Form 941P-ME (a withholding return), due March 16, 2026, but this is not a partnership return. Citation: https://library.partnertax.ai/us-me/no-tax/partnership-income-tax#no-partnership-return","None (no PTE election) Maine has not adopted an elective pass-through entity tax. Evidence e2 states directly: 'Maine has not adopted an elective pass-through entity tax; pass-through income is taxed to the partners and shareholders, with nonresident withholding on Form 941P-ME.' Evidence e3 confirms that Maine Revenue Services' own January 2025 study treats a Maine PTE tax as hypothetical and notes that 'Currently, and despite a lack of additional IRS guidance or regulations addressing the matter, 36 states have enacted PTE tax legislation' but Maine is not among them. Evidence e4 documents that LD 191, which would have created an elective PTE tax, 'Died On Adjournment, Apr. 29, 2026' and was not enacted, so no Maine PTET exists for tax years 2025 or 2026. Citation: https://library.partnertax.ai/us-me/no-tax/pass-through-entity-tax?c=1#what-maine-does-instead","None (no PTE election) Maine has not adopted an elective pass-through entity tax. The proposed legislation (LD 191) that would have created such a tax died on adjournment on April 29, 2026, and was not enacted. Therefore, no PTE election deadline exists for Maine. Citation: https://library.partnertax.ai/us-me/no-tax/pass-through-entity-tax#summary","7.15% on distributions to nonresident partners (8.93% for nonresident members taxed as a corporation); withholding may be waived through composite return filing on Form 1040C-ME or by compliant-taxpayer exemption Maine requires pass-through entities with nonresident members to withhold Maine income tax from Maine-source distributive income. The standard withholding rate is 7.15%, but 8.93% applies when the nonresident member is a C corporation. Nonresident members may be exempted from withholding by participating in a composite return filed on Form 1040C-ME or through a compliant-taxpayer exemption approved by the Assessor. Additional exemptions apply when annual Maine-source income is less than $1,000 or in other specified circumstances. Citation: https://library.partnertax.ai/us-me/no-tax/pass-through-entity-tax#what-maine-does-instead","Yes, elective (Form 1040C-ME) A partnership or pass-through entity may elect to file a composite return on behalf of eligible nonresident partners, beneficiaries, or shareholders who complete the required Nonresident Member Affidavit and Agreement to Participate in a Composite Filing of Maine Income Tax (Form 941CF-ME). Participation is not mandatory. Citation: https://library.partnertax.ai/us-me/forms/1040c-me-instructions#general-instructions","None (no entity-level tax; informational return only) Maine does not impose an entity-level income tax on partnerships. Partnerships are not subject to Maine income tax; only individual partners are liable for tax on their distributive shares. Citation: https://library.partnertax.ai/us-me/stat/5190","Automatically for 60 days; or automatically by 60 days upon written notice for an audited partnership or tiered partner with 10,000 or more direct partners; or by written agreement with the assessor Maine law provides multiple extension options for partnerships under 36 M.R.S. § 5197. The primary extension is automatic for 60 days. Audited partnerships or tiered partners with 10,000 or more direct partners may obtain an additional 60-day extension automatically upon written notice to the assessor. Extensions may also be granted by written agreement between the taxpayer and the assessor. Citation: https://library.partnertax.ai/us-me/stat/5197#1","None (no state K-1) Maine issues no state Schedule K-1. Partners rely on the federal Schedule K-1 (Form 1065). The only Maine member statement is Form 1099ME, which reports amounts withheld rather than distributive share. Citation: https://library.partnertax.ai/us-me/no-tax/partnership-income-tax#no-maine-k1","Form 1120ME Maine corporate income tax return form for C corporations and other entities subject to Maine corporate income tax. Citation: https://library.partnertax.ai/us-me/forms/1120me-instructions#general-instructions","8.93% Maine imposes graduated corporate income tax rates. For tax year 2025, the top marginal rate of 8.93% applies to adjusted federal taxable income over $3,500,000. Citation: https://library.partnertax.ai/us-me/forms/1120me-instructions#specific-instructions","April 15 For calendar year 2025 filers. Fiscal year taxpayers file on or before the 15th day of the fourth month following the close of the taxable year, with exceptions for fiscal years ending June 30th (September 15th) and certain tax-exempt entities (15th day of the fifth month). Citation: https://library.partnertax.ai/us-me/forms/1120me-instructions#general-instructions","None (no minimum tax stated in the corporate return instructions) For tax years beginning in 2025, Maine corporate income tax is computed using graduated rates on adjusted federal taxable income with no floor or minimum amount: 3.5% of income not over $350,000; $12,250 plus 7.93% of the excess over $350,000 up to $1,050,000; $67,760 plus 8.33% of the excess over $1,050,000 up to $3,500,000; and $271,845 plus 8.93% of the excess over $3,500,000. The computation contains no minimum tax, fixed-dollar floor, or alternative minimum tax applicable to general business corporations for tax years beginning on or after January 1, 2018. Citation: https://library.partnertax.ai/us-me/forms/1120me-instructions?c=1#specific-instructions-continued","Single sales factor Maine employs a single sales factor apportionment formula under which all income is apportioned to the state by multiplying the income by the sales factor, defined as a fraction with Maine sales in the numerator and total U.S. sales in the denominator. Citation: https://library.partnertax.ai/us-me/forms/1120me-instructions?c=1#schedule-a-apportionment-of-tax","Mandatory unitary combined reporting Taxable corporations that are members of an affiliated group engaged in a unitary business must file a combined report; they may alternatively file separate returns based on the combined report, but the combined report itself is mandatory for unitary members. Citation: https://library.partnertax.ai/us-me/stat/5220?c=1#5",—,"the 15th day of the 4th, 6th, 9th and 12th months following the beginning of the tax year For calendar-year filers beginning January 1, these dates correspond to April 15, June 15, September 15, and December 15. Corporations must make estimated tax payments unless liability for the current or prior tax year (reduced by allowable credits) is less than $1,000. Citation: https://library.partnertax.ai/us-me/forms/1120me-instructions#general-instructions","Automatic extension equal to any federal extension plus 30 days, or 7 months, whichever expires later The extension is automatic and does not require a Maine extension request form. An extension to file is not an extension to pay; at least 90% of tax due must be paid by the original due date. Citation: https://library.partnertax.ai/us-me/forms/1120me-instructions#general-instructions","Form 1040ME Maine resident individuals file Form 1040ME for the 2025 tax year. Part-year residents and nonresidents file Form 1040ME with Schedule NR or NRH. Citation: https://library.partnertax.ai/us-me/forms/1040me-instructions#general-instructions","7.15% (top bracket rate) Maine applies graduated tax brackets to individual taxable income. For tax year 2025, the top marginal rate of 7.15% applies to taxable income over $63,450 for single filers and married persons filing separately, over $95,150 for heads of household, and over $126,900 for married filing jointly or qualifying surviving spouses. Citation: https://library.partnertax.ai/us-me/forms/1040es-me?c=1#applied-to-installments-due-payments","April 15 Wednesday, April 15, 2026 Citation: https://library.partnertax.ai/us-me/forms/1040me-instructions#important-update","October 15 Extension is automatic when a federal extension is granted. Maine statute 36 M.R.S. § 5231(1-A) provides that when an individual is granted a federal extension, an equivalent extension to file the Maine return is automatically granted. The federal extension for individuals is typically six months from the original April 15 due date, resulting in October 15. No separate Maine extension request form is required. Citation: https://library.partnertax.ai/us-me/stat/5231#1","April 15, June 16, September 15, January 15 Maine allows individuals to pay estimated tax in four equal installments on these dates, or pay all estimated tax on the first installment date (April 15, 2025). Farmers and fishermen may pay in a single installment due January 15, 2026. Citation: https://library.partnertax.ai/us-me/forms/1040es-me#preamble","$15,000 Form 1040ME instructions for 2025 tax year specify the standard deduction for single filers as $15,000, subject to phase-out for higher incomes and adjustable upward for age 65+ or blindness. Citation: https://library.partnertax.ai/us-me/forms/1040es-me?c=1#applied-to-installments-due-payments","$63,450 or more For single filers in tax year 2025, the top marginal rate of 7.15% applies to taxable income of $63,450 or more. Citation: https://library.partnertax.ai/us-me/forms/1040me-instructions#sales-tax-fairness-credit","Form 1040ME and Schedule NR or NRH Nonresidents, part-year residents, and safe harbor residents file Form 1040ME along with either Schedule NR (for nonresident/part-year apportionment) or Schedule NRH (for nonresident married apportionment when one spouse is part-year resident or nonresident). Citation: https://library.partnertax.ai/us-me/forms/1040me-instructions#general-instructions" MD,Maryland,"Form 510 Partnerships file Form 510 (Pass-Through Entity Income Tax Return) unless they make an irrevocable election to be taxed at the entity level, in which case they file Form 511 instead. Citation: https://library.partnertax.ai/us-md/forms/510#maryland-pass-through-entity","April 15 Maryland regulation COMAR 03.04.07.03 § 3(4)(a) establishes this due date for pass-through entities that are partnerships, including limited liability companies taxed as a partnership and business trusts taxed as a partnership. Citation: https://library.partnertax.ai/us-md/regs/03.04.07.03?c=1#a-2","8% (individual members) and 8.25% (entity members) Maryland's elective pass-through entity (PTE) tax applies differentiated rates: 8% on income allocable to individual members and 8.25% on income allocable to entity members. These rates apply to partnerships, S corporations, LLCs, and business trusts that elect to pay tax at the entity level under the PTE election regime. Citation: https://library.partnertax.ai/us-md/forms/511#line-5b-percentage-of-ownership-by-entity-members","With the timely filed return The election is made by checking a box on Form 510/511D (estimated tax declaration) or Form 510/511E (extension request), or by filing Form 511 itself. Filing Form 511 constitutes an irrevocable election. The ordinary filing deadline for Form 511 is the 15th day of the 4th month following the close of the tax year, with extensions available. Citation: https://library.partnertax.ai/us-md/forms/511#general-instructions","8% for individual members (5.75% + 2.25%); 8.25% for entity members maintainer-verified citation (admin drawer offline); grounded in already-ingested library text Citation: https://library.partnertax.ai/us-md/forms/510#allocation-of-income","Yes, elective (Form 510C) Beginning tax year 2025, nonresident individual members to whom net capital gain income subject to Maryland tax was distributed may not participate in the composite return. The Maryland tax of each nonresident individual member is calculated using the rate of 6.50% plus the 2.25% special nonresident tax. Citation: https://library.partnertax.ai/us-md/forms/505#file-a-composite-income-tax-return",—,"Automatic extension of up to 6 months by filing Form 510E COMAR 03.04.07.03 § 3 provides that a pass-through entity that is a partnership (including a limited liability company taxed as a partnership and a business trust taxed as a partnership) shall be granted an automatic extension of up to 6 months by filing Form 510E. The extension is automatic and does not extend the time for payment of tax due. Citation: https://library.partnertax.ai/us-md/regs/03.04.07.03?c=1#a-3","Maryland Schedule K-1 (510/511) Maryland requires partnerships to issue a Schedule K-1 to each partner reporting that partner's share of income. The regulation specifies that a partnership filing an information return must file 'A Schedule K-1 for each nonresident member,' and the forms instructions reference 'Maryland Schedule K-1 (510/511)' as the schedule issued to partners by pass-through entities including partnerships. Citation: https://library.partnertax.ai/us-md/regs/03.04.07.03?c=1#a","Form 500 Form 500 is the Maryland Corporation Income Tax Return that corporations file to report and pay Maryland income tax on taxable income. Citation: https://library.partnertax.ai/us-md/forms/500?c=1#maryland-environmental-trust-the-maryland-agricultural","8.25% Md. Code Ann., Tax-Gen. § 10-105(b) establishes the state income tax rate for a corporation at 8.25% of Maryland taxable income. Citation: https://library.partnertax.ai/us-md/stat/gtg-10-105?c=1#b","April 15 Maryland statute and regulations establish that corporations must file Form 500 (Maryland Corporation Income Tax Return) by this date, which for calendar-year filers corresponds to April 15. The regulation states this applies to all corporations required to file under Part II of the subtitle. Citation: https://library.partnertax.ai/us-md/forms/500?c=1#when-and-where-to-file",—,"Single sales factor Applies to tax years beginning after December 31, 2021. Rental/leasing companies, financial institutions, transportation companies, and worldwide headquartered companies must use special apportionment formulas. Citation: https://library.partnertax.ai/us-md/forms/500#schedule-a","Separate-entity filing Members of a federal consolidated group must file separate returns for Maryland purposes. Each member calculates taxable income on a separate-entity basis as if filing independently with the IRS. Citation: https://library.partnertax.ai/us-md/forms/500#specific-instructions","Federal NOL carryforward and carryback periods apply; no state-specific carryforward limit stated. NOL deduction cannot reduce taxable income below zero. Recapture modification required when addition modifications exceed subtraction modifications in loss year. Maryland uses the federal NOL under IRC § 172. Federal carryback and carryforward provisions apply unless the taxpayer elects to forgo carryback under JCWAA 2002 or ARRA 2009. A recapture modification is required in the carryforward year if, in the loss year, total addition modifications exceeded total subtraction modifications. The NOL deduction on Form 500 line 5 may not reduce line 6 (Maryland adjusted federal taxable income) below zero. Citation: https://library.partnertax.ai/us-md/forms/500#signatures-required","April 15, June 15, September 15, December 15 For calendar-year corporations. Payments are due by the 15th day of the 4th, 6th, 9th and 12th months following the beginning of the tax year. Citation: https://library.partnertax.ai/us-md/forms/500#other-matters","November 16 The extension is automatic if Form 500E is filed by the original due date with full payment of any balance due. Citation: https://library.partnertax.ai/us-md/forms/500#other-matters","Form 502 Form 502 is the Maryland Resident Income Tax Return that resident individuals file for the tax year, as identified in the official form instructions. Citation: https://library.partnertax.ai/us-md/forms/502?c=1#specific-instructions-3","6.50% (top bracket rate) Maryland applies graduated tax brackets to individuals. For tax year 2025, the highest marginal rate of 6.50% applies to Maryland taxable income in excess of $1,000,000 for single filers and in excess of $1,200,000 for joint filers and heads of household. Citation: https://library.partnertax.ai/us-md/stat/gtg-10-105?c=1#1","April 15 If any due date falls on a Saturday, Sunday or legal holiday, the return must be filed by the next business day. Fiscal year returns are due on the 15th day of the 4th month following the close of the fiscal year. Citation: https://library.partnertax.ai/us-md/forms/502#due-date","October 15 If a federal extension was filed and zero tax is owed to Maryland, no action is required. If tax is due, Form PV must be filed with payment by the original due date (April 15). Extensions beyond six months may be granted for individuals out of the U.S., but not exceeding one year. Citation: https://library.partnertax.ai/us-md/forms/502#extension-worksheet-instructions","April 15, June 15, September 15, January 15 Maryland requires individuals to pay estimated income tax in four quarterly installments. The first payment of at least one-fourth of total estimated tax is due April 15, 2025, with remaining quarterly payments due June 15, 2025, September 15, 2025, and January 15, 2026. Citation: https://library.partnertax.ai/us-md/forms/502?c=1#estimated-tax-worksheet-instructions","$2,700 For a single filer (Filing Status 1) in tax year 2025, Maryland's standard deduction is computed as 15% of Maryland adjusted gross income, with a minimum of $1,800 and a maximum of $2,700. Citation: https://library.partnertax.ai/us-md/forms/502?c=1#specific-instructions-3","over $250,000 For a single filer, the top marginal rate of 5.75% begins at Maryland taxable income over $250,000 under Tax Rate Schedule I, which applies to individuals filing as Single, Married Filing Separately, or as Dependent Taxpayers. Citation: https://library.partnertax.ai/us-md/stat/gtg-10-105?c=1#1","Form 505 Form 505 is the Maryland Nonresident Income Tax Return filed by nonresident individuals for tax year 2025, as identified in the official form title and instructions booklet. Citation: https://library.partnertax.ai/us-md/forms/505?c=1#part-year-returns" MA,Massachusetts,"Form 3 Form 3 is the Partnership Return of Income that partnerships file in Massachusetts. The evidence identifies this as the official state return form for partnerships. Citation: https://library.partnertax.ai/us-ma/forms/form-3?c=1#single-sales-factor-apportionment","March 16 March 15th for calendar year filers Citation: https://library.partnertax.ai/us-ma/forms/form-3#preamble","5% Massachusetts allows eligible pass-through entities (partnerships, S corporations, and trusts) to make an annual irrevocable election to pay an excise on qualified income taxable in Massachusetts at a rate of 5% under MGL ch 63D. Qualified members receive a refundable credit equal to 90% of their allocable share of the PTE Excise paid. Citation: https://library.partnertax.ai/us-ma/forms/form-63d-elt?c=1#form-63d-elt-entity-level-tax","With the timely filed Form 3 Massachusetts allows partnerships to make an annual irrevocable election to pay PTE Excise by filling in an oval on Form 3 (Partnership Return of Income). The election is made on the partnership's timely filed return. Citation: https://library.partnertax.ai/us-ma/forms/form-3?c=1#return-2","Required on nonresident partners' distributive shares (rate not stated in retrieved instructions) A partnership must withhold Massachusetts tax on the distributive share of any nonresident partner that does not certify to the partnership that the partner will be meeting its tax obligation in some other manner, or file a composite return on behalf of nonresident partners as an alternative withholding mechanism. Citation: https://library.partnertax.ai/us-ma/forms/form-3?c=1#partnerships","Yes, elective (Form MA NRCR) Massachusetts allows a partnership to file an electronic composite return on Form MA NRCR on behalf of two or more qualified electing nonresident partners. Citation: https://library.partnertax.ai/us-ma/forms/form-3#preamble","None (no entity-level tax; informational return only) Massachusetts does not impose a direct income tax on partnerships at the entity level. Form 3 is a legally required informational return under MGL ch 62C. Each partner is taxed on their distributive share of partnership income. However, an out-of-state Eligible PTE may elect to pay the PTE Excise at 5% on qualified income by filing Form 63D-ELT. Citation: https://library.partnertax.ai/us-ma/forms/form-3#preamble","September 16 All Form 3 filers are automatically granted a six-month extension of time to file their tax return. The original due date for calendar year partnerships is March 15 (or March 16, 2026 for the 2025 tax year when March 15 falls on a weekend). Citation: https://library.partnertax.ai/us-ma/forms/form-3#preamble","Schedule 3K-1 Massachusetts partnership K-1 equivalent reporting each partner's distributive share of partnership income Citation: https://library.partnertax.ai/us-ma/forms/form-3#preamble","Form 355 Form 355 is the Business/Manufacturing Corporation Excise Return filed by C corporations in Massachusetts for the tax year 2025. Citation: https://library.partnertax.ai/us-ma/forms/form-355?c=1#preamble","8.0% Mass. Gen. Laws ch. 63, § 39 imposes an 8.0% excise on net income of business corporations (C corporations) for tax years beginning on or after January 1, 2012. Citation: https://library.partnertax.ai/us-ma/gl/63-39?c=1#3","April 15 S corporations have a different due date: the 15th day of the third month following the close of each taxable year. Citation: https://library.partnertax.ai/us-ma/forms/form-355#preamble","$456 minimum excise (Form 355) Massachusetts law provides for a minimum excise of $456 for business/manufacturing corporations filing Form 355, regardless of income. This minimum applies to the corporate excise tax under M.G.L. c. 63, § 39. Citation: https://library.partnertax.ai/us-ma/forms/form-355?c=1#excise-calculation-2","Single sales factor Certain industries (airlines, motor carriers, courier and package delivery services, pipeline companies, electric industry, and telecommunications industry) subject to industry-specific regulations must use three-factor formula with double-weighted sales for 2025. Citation: https://library.partnertax.ai/us-ma/forms/form-355#schedule-e-1-massachusetts-dividends-received","Combined reporting (unitary) Massachusetts requires corporations engaged in a unitary business to file Form 355U, Massachusetts Corporate Combined Report, calculating income on a combined basis. An affiliated group election is also available. Citation: https://library.partnertax.ai/us-ma/forms/form-355u#preamble","20-year carryforward, no carryback, limited to percentage of net income Massachusetts allows NOL carryforward for 20 succeeding taxable years following the year in which the loss was incurred (830 CMR 63.30.2(5)(a)). No carryback is permitted. The deduction is limited by percentage of net income: 25% for tax years ending 1990-1991, 50% for 1991-1992, and 100% thereafter (M.G.L. c. 63, § 30(5)(b)). Citation: https://library.partnertax.ai/us-ma/cmr/63.30.2?c=1#g","40% of the estimated tax due for the year is due on the 15th day of the 3rd month of the taxable year; 25% of the estimated tax due for the year is due on the 15th day of the 6th month of the taxable year; 25% of the estimated tax due for the year is due on the 15th day of the 9th month of the taxable year; 10% of the estimated tax due for the year is due on the 15th day of the 12th month of the taxable year For calendar-year C corporations that reasonably estimate corporate excise to exceed $1,000. Estimated taxes may alternatively be paid in full on or before the 15th day of the third month of the taxable year. S corporations have different estimated payment percentages (30%, 25%, 25%, 20%) in their first full taxable year with less than 10 employees. Citation: https://library.partnertax.ai/us-ma/forms/form-355#preamble","October 15 Extension is automatic if at least 50% of the total tax liability or the minimum tax of $456 (whichever is greater) is paid on or before the original due date. Citation: https://library.partnertax.ai/us-ma/forms/form-355s#preamble","Form 1 Massachusetts Resident Income Tax Return Citation: https://library.partnertax.ai/us-ma/forms/form-1#preamble","5.0% Massachusetts also has a 4% surtax on taxable income over $1,083,150 for tax year 2025, and an optional 5.85% rate is available for certain income types. Citation: https://library.partnertax.ai/us-ma/forms/form-1#flmcrd-cnslnd","April 15 Massachusetts Form 1 (Resident Income Tax Return) for tax year 2025 is due on or before April 15, 2026, as stated in the official form instructions. Citation: https://library.partnertax.ai/us-ma/forms/form-1?c=1#before-using-paper-consider","October 15 Extension is automatic if at least 80% of the total amount of tax ultimately due has been paid on or before the original due date (April 15, 2026). Citation: https://library.partnertax.ai/us-ma/forms/form-1#preamble","April 15, June 15, September 15, January 15 Massachusetts Form 1 instructions state that estimated tax may be paid in four installments on or before these dates for residents expecting to pay more than $400 in Massachusetts income tax on income not covered by withholding. Citation: https://library.partnertax.ai/us-ma/forms/form-1?c=1#income","$4,400 Massachusetts uses a personal exemption system rather than a universal standard deduction. For single filers and married filing separately, the personal exemption amount is $4,400. Citation: https://library.partnertax.ai/us-ma/forms/form-1#preamble","over $1,083,150 For tax year 2025, the 4% surtax applies to taxable income over $1,083,150 (adjusted annually for inflation from the base threshold of $1,000,000). This surtax represents an additional tax layer on top of the regular 5.0% rate, making it the effective top bracket threshold for individual residents. Citation: https://library.partnertax.ai/us-ma/forms/form-1#preamble","Form 1-NR/PY Form 1-NR/PY is the Nonresident/Part-Year Resident Income Tax return filed by nonresident or part-year resident individuals in Massachusetts for the 2025 tax year. Citation: https://library.partnertax.ai/us-ma/forms/form-1-nr-py?c=1#law-p-l-119-21" MI,Michigan,"None Michigan does not require a general partnership income tax return. Partnership income is taxed to the partners. A partnership files a Michigan return only in specific circumstances: (1) if it elects the flow-through entity tax, in which case it files Form 5772, or (2) if it files a composite return on behalf of nonresident members using Form 807, which is not an entity-level filing but a collective individual income tax filing for members. Citation: https://library.partnertax.ai/us-mi/no-tax/partnership-annual-return#summary","None Michigan does not require a general partnership income tax return. Partnership income is taxed to the partners unless the entity elects the flow-through entity tax (Form 5772, due by the last day of the third month after the end of the tax year) or files a composite return (Form 807, due April 15, 2026 for tax years ending in 2025). Citation: https://library.partnertax.ai/us-mi/no-tax/partnership-annual-return#when-a-partnership-does-file","4.25% MCL 206.815(1) levies the flow-through entity tax at the same rate as MCL 206.51, which is 4.25%. maintainer-verified citation (admin drawer offline); grounded in already-ingested library text Citation: https://library.partnertax.ai/us-mi/stat/206.815#1","Last day of the ninth month after the end of the flow-through entity's tax year (September 30 for calendar year filers) The election is made by submitting an electronic payment through Michigan Treasury Online (MTO). The payment must be designated as applicable to the tax year for which the election becomes effective. There is no requirement as to the amount of the payment. Citation: https://library.partnertax.ai/us-mi/forms/form-5772-fte-instructions#who-should-file",—,"Yes, elective (Form 807) A flow-through entity may file Form 807 on behalf of participating nonresident individual members; the filing is elective and does not make the entity the taxpayer. Citation: https://library.partnertax.ai/us-mi/no-tax/partnership-annual-return?c=1#when-a-partnership-does-file","None (no entity-level tax; informational return only) Michigan imposes no standing annual return obligation on a partnership as such; partnership income is taxed to the partners unless the entity elects the flow-through entity tax under Part 4 of the Michigan Income Tax Act. Citation: https://library.partnertax.ai/us-mi/no-tax/partnership-annual-return?c=1#what-the-statute-requires","September 30 For a partnership (flow-through entity) filing the Michigan FTE tax annual return with a calendar year ending in 2025, an approved extension extends the due date for an additional 6 months until September 30. The extension must be requested on Michigan Treasury Online (MTO) by the original due date of the return (March 31 for calendar filers), and any required payment must be made by that original due date or the extension request will be denied. Citation: https://library.partnertax.ai/us-mi/forms/form-5772-fte-instructions?c=1#when-to-file","None (no state K-1) Michigan does not require a general partnership income tax return and therefore does not issue a state K-1 equivalent schedule. Partnership income is taxed to the partners individually. Partners report their distributive share on the Michigan individual return (Form MI-1040). A partnership files a Michigan return only in specific circumstances: if it elects the flow-through entity tax (Form 5772) or files a composite return (Form 807) on behalf of nonresident members. Form 807 is a composite return filed by the entity on behalf of participating nonresident individual members and is not a partnership return; it does not establish a general K-1 equivalent for all partnerships. Citation: https://library.partnertax.ai/us-mi/no-tax/partnership-annual-return#summary","Form 4891 Form 4891 is the Michigan Corporate Income Tax Annual Return filed by C corporations for the tax year, as identified in the CIT instruction booklet for standard taxpayers (which includes C corporations). Citation: https://library.partnertax.ai/us-mi/forms/form-4891-cit?c=1#line-45-enter-the-total-estimated-cit-tax-paid-with-the-cit","6.0% MCL 206.623(1) imposes a corporate income tax on every taxpayer with business activity within Michigan at the rate of 6.0% on the corporate income tax base after allocation or apportionment to the state. Citation: https://library.partnertax.ai/us-mi/stat/206.623?c=1#1","April 30 For calendar year 2025 filers. Fiscal year filers with a federal tax year ending in 2026 must file by the last day of the fourth month after the end of the tax year. Citation: https://library.partnertax.ai/us-mi/forms/form-4890-cit-booklet#due-dates-of-annual-returns",—,"Single sales factor Michigan apportions the corporate income tax base using a sales factor. The business income tax base is apportioned to Michigan by dividing total sales in Michigan by total sales everywhere during the tax year. Citation: https://library.partnertax.ai/us-mi/forms/form-5772-fte-instructions#how-to-file","Unitary business groups file a combined return An affiliated group may elect to be treated as a unitary business group. The election is irrevocable and binding for the tax year made and the next 9 tax years. Citation: https://library.partnertax.ai/us-mi/stat/206.691#1","10-year carryforward, no carryback Michigan allows CIT business loss carryforward for a maximum of 10 tax years. No carryback is permitted. Federal NOL carryovers are added back for CIT purposes and cannot be claimed as a deduction on the Michigan CIT return. Citation: https://library.partnertax.ai/us-mi/forms/form-4891-cit#line-34-enter-the-sum-of-entries-from-column-e-of-form","April 15, July 15, October 15, and January 15 For calendar-year filers. Fiscal year taxpayers should make returns and payments by the appropriate due date which is fifteen days after the end of each fiscal quarter. Citation: https://library.partnertax.ai/us-mi/forms/form-4890-cit-booklet#filing-cit-quarterly-tax-estimates","December 30 The extension is not automatic; it must be requested by filing Form 4 (Application for Extension of Time to File Michigan Tax Returns) on or before the original due date. Proper payment must accompany the extension request. An extension of time to file is not an extension of time to pay. Citation: https://library.partnertax.ai/us-mi/forms/form-4890-cit-booklet#additional-filing-time","MI-1040 The MI-1040 is the primary Michigan Individual Income Tax Return form for resident individuals. The evidence also references MI-1040CR (Homestead Property Tax Credit Claim) and MI-1040ES (Estimated Tax Voucher), but these are supplementary forms. The MI-1040 is the main annual return form. Citation: https://library.partnertax.ai/us-mi/forms/mi-1040-book#line-21-enter-all-social-security-supplemental-security","4.25% (flat rate) Michigan imposes a flat individual income tax rate of 4.25% on taxable income for tax year 2025, as stated in the MI-1040 Book instructions and confirmed in the Form 807 composite return instructions. Citation: https://library.partnertax.ai/us-mi/forms/mi-1040-book?c=1#general-information","April 15 For tax year 2025, the return must be postmarked no later than April 15, 2026. Citation: https://library.partnertax.ai/us-mi/forms/mi-1040-book#general-information","October 15 Michigan accepts a federal extension (Form 4868) filed on or before the original due date (April 15), and Treasury will extend the due date to the federal extended due date of October 15. Alternatively, a taxpayer may file Michigan's Application for Extension of Time to File Michigan Tax Returns (Form 4) to obtain an eight-month extension from the original due date. The extension must be requested before the original due date and must include payment of remaining estimated tax liability. Citation: https://library.partnertax.ai/us-mi/forms/mi-1040-book?c=1#special-situations","April 15, June 15, September 15, January 15 Michigan requires individuals to make quarterly estimated income tax payments if they expect to owe more than $500 when filing their 2026 MI-1040 after crediting withholding and credits. The due dates for calendar year filers are April 15, 2026; June 15, 2026; September 15, 2026; and January 15, 2027. Citation: https://library.partnertax.ai/us-mi/forms/mi-1040-book?c=1#2026-estimated-payments","$20,000 (single filers born January 1, 1946 through January 1, 1959 who reached age 67) Michigan offers a standard deduction for single filers born during January 1, 1946 through January 1, 1959 who reached age 67 by December 31, 2025. The base amount is $20,000 for single or married filing separately status, available when the taxpayer does not claim retirement benefits included in AGI. Citation: https://library.partnertax.ai/us-mi/forms/mi-1040-book?c=1#line-22-include-ordinary-and-necessary-expenses-not-deducted","Flat rate (applies to all taxable income) Michigan imposes a flat individual income tax rate of 4.25% that applies to all taxable income with no graduated brackets or top bracket threshold. Citation: https://library.partnertax.ai/us-mi/forms/mi-1040-book?c=1#general-information","Form MI-1040 with Schedule NR (Nonresident and Part-Year Resident Schedule) Both nonresidents and part-year residents must file Nonresident and Part-Year Resident Schedule (Schedule NR) along with the standard Michigan Individual Income Tax Return form. Citation: https://library.partnertax.ai/us-mi/forms/mi-1040-book?c=1#line-by-line-instructions-for-individual-income-tax-return-m" MN,Minnesota,"Form M3 Form M3 is the Partnership Return filed by partnerships in Minnesota for the 2025 tax year, as identified in the form title and instructions. Citation: https://library.partnertax.ai/us-mn/forms/m3?c=1#full","March 16 Minnesota partnerships must file on the same date as the federal return. For calendar-year partnerships, this is typically March 15. For fiscal-year partnerships, it is the 15th day of the fourth month following the close of the fiscal year, except that partnerships must file on the federal due date. Citation: https://library.partnertax.ai/us-mn/stat/289A.18#subdivision-1-individual-income-fiduciary-income-corporate-f","9.85% The PTE tax is computed at the highest individual rate under M.S. 290.06, subd. 2c. maintainer-verified citation (admin drawer offline); grounded in already-ingested library text Citation: https://library.partnertax.ai/us-mn/stat/290.06#subd-2c-schedules-of-rates-for-individuals-estates-and-trust","With the timely filed return The election must be made on or before the due date or extended due date of the qualifying entity's pass-through entity tax return. Standard filing extensions apply to electing entities. Citation: https://library.partnertax.ai/us-mn/stat/289A.08#subd-7a-pass-through-entity-tax-pass-through-entity-tax","9.85% on distributive income of nonresident individual partners; withholding can be waived if the partner elects composite income tax or if the partnership elects pass-through entity (PTE) tax Minnesota requires partnerships to withhold and remit income tax for nonresident individual partners at 9.85% of their Minnesota source distributive income (line 53 of Schedule KPI), reduced by certain credits. The withholding requirement applies when the partner has Minnesota distributive income of $1,000 or more, is not included in composite income tax, and the partnership is not electing PTE tax. Withholding is not required if the nonresident partner elects to have the partnership pay composite income tax on their behalf under section 289A.08, subdivision 7, or if the partnership elects PTE tax under section 290.92, subdivision 4b(d)(1). Citation: https://library.partnertax.ai/us-mn/stat/290.92?c=1#subd-4b-withholding-by-partnerships-withholding-by-partnersh","Yes, elective (Form M3, Schedule KPI) Minnesota allows a partnership to file a composite return on behalf of nonresident partners who elect this method. The statute states: 'The commissioner may allow a partnership with nonresident partners to file a composite return and to pay the tax on behalf of nonresident partners who have no other Minnesota source income.' The composite return is filed on Form M3 (line 3 reports composite income tax for nonresident individual partners), with partner information reported on Schedule KPI (line 54 shows Minnesota composite income tax paid by partnership). The election is optional for eligible nonresident partners. Citation: https://library.partnertax.ai/us-mn/stat/289A.08?c=1#subd-7-composite-income-tax-returns-for-nonresident-partners","$0 to $12,540 based on Minnesota property, payroll, and sales or receipts (Form M3) Minnesota imposes a tiered minimum fee on partnerships based on the sum of Minnesota property, payroll, and sales or receipts. The fee ranges from $0 for entities below $1,020,000 to $10,210 for those with $40,820,000 or more. Partnerships deriving over 80% of income from farming are exempt. The fee is paid with Form M3 (Partnership Return). Citation: https://library.partnertax.ai/us-mn/stat/290.0922?c=1#subdivision-1-imposition-imposition","Automatic six-month extension to file Form M3, if the tax payable for the year is paid by the regular due date. If the IRS grants an extension longer than six months, the state filing due date is extended to the federal due date. The extension is automatic and does not require a request. However, this is a filing extension only; tax payment must be made by the regular due date to avoid penalties. Citation: https://library.partnertax.ai/us-mn/forms/m3-instructions?c=1#due-dates-and-extensions","Schedule KPI Full name: Schedule KPI — Partner's Share of Income, Credits and Modifications Citation: https://library.partnertax.ai/us-mn/forms/kpi#preamble","Form M4 Form M4 is the Corporation Franchise Tax Return filed by C corporations in Minnesota for the 2025 tax year, as shown in the form title and structure which includes income calculation (M4I), apportionment/fee calculation (M4A), and tax calculation (M4T) components. Citation: https://library.partnertax.ai/us-mn/forms/m4-series?c=1#full","9.8% Minnesota imposes a franchise tax on corporations computed by applying 9.8 percent to taxable income, as stated in Minn. Stat. § 290.06, Subdivision 1. This rate applies to C corporations for tax year 2025. Citation: https://library.partnertax.ai/us-mn/stat/290.06?c=1#subdivision-1-computation-corporations-computation-corporati","April 15 Minnesota corporations must file on the due date for filing the federal income tax return, not a fixed state date. For calendar-year C corporations, this is typically April 15, but the state statute references the federal due date rather than specifying a fixed date. Citation: https://library.partnertax.ai/us-mn/stat/289A.18#subdivision-1-individual-income-fiduciary-income-corporate-f","Schedule based on Minnesota property, payroll, and sales or receipts: $0 (less than $1,250,000); $260 ($1,250,000–$2,509,999); $750 ($2,510,000–$12,539,999); $2,510 ($12,540,000–$25,069,999); $5,020 ($25,070,000–$50,139,999); $12,540 ($50,140,000 or more) (Form M4T) The 2025 Form M4T Minimum Fee Table establishes a tiered schedule: corporations with combined Minnesota property, payroll, and sales or receipts of less than $1,250,000 owe $0; $1,250,000–$2,509,999 owe $260; $2,510,000–$12,539,999 owe $750; $12,540,000–$25,069,999 owe $2,510; $25,070,000–$50,139,999 owe $5,020; and $50,140,000 or more owe $12,540. The minimum fee is entered on Form M4T, line 16, and added to the regular tax and alternative minimum tax on line 17 to compute total tax liability. Citation: https://library.partnertax.ai/us-mn/forms/m4-series?c=1#minimum-fee-table","Single sales factor Minnesota uses a single-sales factor to determine the apportionment percentage for corporations subject to franchise tax under the state's corporate income tax regime. Citation: https://library.partnertax.ai/us-mn/forms/m4-instructions?c=1#m4a-apportionment-minimum-fee","Mandatory unitary combined reporting Members of a unitary business must file a single combined corporate franchise tax return. A unitary business is defined by unity of ownership, operation, and use. The combined return includes domestic corporations and disqualified captive insurance companies but excludes regulated investment companies and C corporation foreign entities. Citation: https://library.partnertax.ai/us-mn/rules/8019.0405#subpart-1-filing-of-a-single-return","15-year carryforward, no carryback, 70% of taxable net income deduction cap Minnesota Stat. § 290.095, Subd. 3(a) establishes a 15-year carryforward period for corporate net operating losses. Subd. 2(b) states that carryback provisions of federal IRC § 172(b) do not apply to Minnesota corporations. Subd. 2(c) caps the annual NOL deduction at 70 percent of taxable net income in a single taxable year. Citation: https://library.partnertax.ai/us-mn/stat/290.095?c=1#subd-3-carryover-carryover","the 15th day of the third, sixth, ninth, and 12th month of the taxable year For calendar-year filers, these dates correspond to March 15, June 15, September 15, and December 15. Short tax years of fewer than four months require no estimated payments. Citation: https://library.partnertax.ai/us-mn/stat/289A.26#subd-2-amount-and-time-for-payment-of-installments-amount-an","Seven months or the amount of time granted by the Internal Revenue Service, whichever is longer; automatic extension The extension is automatic and does not require a request. If the IRS grants a longer extension, Minnesota extends to the federal due date. This is a filing extension only; tax payment must be made by the regular due date to avoid penalties. Citation: https://library.partnertax.ai/us-mn/stat/289A.19?c=1#subd-2-corporate-franchise-and-mining-company-taxes-corporat","Form M1 Form M1 is the primary Minnesota individual income tax return form for resident individuals for tax year 2025, as identified in the form title and instructions. Citation: https://library.partnertax.ai/us-mn/forms/m1?c=1#full","9.85% (top bracket rate) Minnesota imposes graduated tax rates on individuals. For unmarried individuals in 2025, the top marginal rate of 9.85% applies to taxable net income over $161,720. Citation: https://library.partnertax.ai/us-mn/stat/290.06?c=1#subd-2c-schedules-of-rates-for-individuals-estates-and-trust","April 15 The 2025 Minnesota individual income tax return (Form M1) must be electronically filed, postmarked, or dropped off by April 15, 2026, according to the official Form M1 instructions. For taxpayers filing on a fiscal year basis, the return is due the 15th day of the fourth month following the close of the fiscal year. Citation: https://library.partnertax.ai/us-mn/forms/m1-instructions?c=1#when-do-i-file-and-pay","October 15 The extension is automatic if the tax is paid in full by the regular due date. If the tax is not paid by the regular due date, the extension of time to file is invalid. Citation: https://library.partnertax.ai/us-mn/forms/m1-instructions#filing-requirements","April 15, June 15, September 15, January 15 These are the four required installment dates for individual estimated tax payments in Minnesota. A special rule applies to farmers and fishermen, who need only make one payment due January 15 of the following taxable year. Citation: https://library.partnertax.ai/us-mn/stat/289A.25#subd-3-period-of-underpayment-period-of-underpayment","$14,950 The 2025 Minnesota standard deduction for single filers is $14,950, as stated in the Form M1 instructions' Standard Deduction Table for Line 4. Citation: https://library.partnertax.ai/us-mn/forms/m1-instructions?c=1#standard-deduction-2","over $161,720 For unmarried individuals (single filers) in 2025, the top marginal rate of 9.85% begins on all income over $161,720, per Minn. Stat. § 290.06, subd. 2c(b). Citation: https://library.partnertax.ai/us-mn/stat/290.06?c=1#subd-2c-schedules-of-rates-for-individuals-estates-and-trust","Form M1 with Schedule M1NR Nonresident or part-year resident individuals in Minnesota file Form M1 (Individual Income Tax) together with Schedule M1NR (Nonresidents/Part-Year Residents) to determine income received while a Minnesota resident and income received from Minnesota sources while a nonresident. Citation: https://library.partnertax.ai/us-mn/forms/m1-instructions?c=1#filing-requirements-for-part-year-residents-and-nonresidents" MS,Mississippi,"Form 84-100 Partnerships file the Mississippi Pass-Through Entity Tax Return on Form 84-100. Calendar year partnerships must file no later than March 15th annually; fiscal year partnerships must file no later than the 15th day of the 3rd month following the end of the fiscal year. Form 84-387 (Partnership Income Tax Estimate Voucher) is used only for withholding 5% of net gain or profit, not as the primary partnership return. Citation: https://library.partnertax.ai/us-ms/forms/84-100#time-and-place-for-filing","March 16 Calendar year partnerships must file no later than March 15th annually. Citation: https://library.partnertax.ai/us-ms/forms/84-100#time-and-place-for-filing","0% on the first $5,000 of taxable income; 4% on the next $5,000 of taxable income; and 5% on taxable income in excess of $10,000 Mississippi offers an elective pass-through entity (PTE) tax election for partnerships, S corporations, and similar entities. The tax is computed at the entity level using graduated income tax rates. Citation: https://library.partnertax.ai/us-ms/forms/84-100#income-tax-2","By the due date or the extended due date of the Pass-Through Entity Tax Return, or by the date such return is filed, whichever is latest For partnerships, the return is due March 15 for calendar year entities or the 15th day of the 3rd month following the end of the fiscal year. Mississippi follows federal extended due dates. Citation: https://library.partnertax.ai/us-ms/forms/84-381#instructions","5% of the net gain or profit of the partnership Mississippi requires partnerships to withhold 5% of the net gain or profit of the partnership and remit to the Commissioner. The remittance is deemed estimated payments of the partners, allocated pro rata to each partner's estimated tax account and available for refund if the partner's individual return shows tax liability less than the amount withheld. A partnership with income from sources within and without Mississippi should withhold from Mississippi source income only. Partnerships may alternatively file a composite return on behalf of nonresident partners without other Mississippi activity. Citation: https://library.partnertax.ai/us-ms/regs/35.III.9.01?c=1#4","Yes, elective (Form 84-100) Only nonresident partners without any activity in Mississippi other than that from the partnership may elect to be included. Once elected, partners must continue to file in this manner. A deduction of $5,000 or 10% of composite net income (whichever is less) is authorized in lieu of individual exemption and deduction. Citation: https://library.partnertax.ai/us-ms/forms/84-100#composite-filing","None (no entity-level tax; informational return only) Mississippi partnerships, LLCs, and LLPs file an informational return on Form 84-100 with no annual fee or entity-level tax imposed on the partnership itself. Individual partners are subject to tax on their distributive share of partnership net income. Citation: https://library.partnertax.ai/us-ms/regs/35.III.9.01?c=1#1","September 15 Extension is automatic if granted for federal purposes. Tax payment must be remitted with Form 83-180 by the original due date. Citation: https://library.partnertax.ai/us-ms/forms/84-100#time-and-place-for-filing","Mississippi Schedule K-1 Form 84-132 Citation: https://library.partnertax.ai/us-ms/forms/84-100#line-5-enter-the-amount-of-total-tax-paid-by-the-electing-pa","Form 83-100 Form 83-100 is the Mississippi Corporate Income and Franchise Tax return form that C corporations file for the tax year, as identified in the title and instructions of the 2025 form. Citation: https://library.partnertax.ai/us-ms/forms/83-100?c=1#general-information-and-instructions-2","5% Mississippi uses graduated rates: 0% on the first $5,000 of taxable income, 4% on the next $5,000, and 5% on taxable income in excess of $10,000. The top rate is 5%. Citation: https://library.partnertax.ai/us-ms/forms/83-100#electronic-filing","April 15 Mississippi requires the corporate income and franchise tax return (Form 83-100) to be filed on or before the 15th day of the 4th month following the close of the accounting year for all corporations, with adjustment to the next business day if the date falls on a Saturday, Sunday, or legal holiday. Citation: https://library.partnertax.ai/us-ms/forms/83-100?c=1#general-information-and-instructions-2","$25 minimum tax (Form 83-100) For tax year 2025, Mississippi corporations must pay a minimum franchise tax of $25, regardless of capital employed. The franchise tax is computed at $0.75 per $1,000 of capital in excess of $100,000, but the minimum applies when the calculated tax would be less than $25. This minimum is paid with Form 83-100, the Mississippi Corporate Income and Franchise Tax return. Citation: https://library.partnertax.ai/us-ms/forms/83-100?c=1#franchise-tax-2","Three-factor formula (property, payroll, and sales) for most businesses; single sales factor for retailers, wholesalers, and service companies; specific formulas for manufacturers, pipelines, motor carriers, utilities, and other specialized industries Mississippi uses different apportionment formulas depending on the taxpayer's business type. For retailers, wholesalers, service companies and lessors, the state applies a 'single sales-factor apportionment formula.' For manufacturers selling principally at wholesale, the formula multiplies net business income by a fraction with numerator of 'property factor plus the payroll factor plus the sales factor' and denominator of 'three (3).' For manufacturers selling principally at retail, the formula uses 'the average of the sum of property and payroll factors plus the sales factor' with denominator of 'two (2).' Pipelines use property, payroll, and traffic miles factors divided by three. Motor carriers, utilities, and other specialized industries have their own prescribed formulas. The regulation states that 'Only methods provided in this regulation may be used without the prior approval of the Commissioner.' Citation: https://library.partnertax.ai/us-ms/regs/35.III.8.06?c=1#8","Elective combined (otherwise separate) An affiliated group of corporations may elect to file on a combined basis for purposes of the income tax, with the term combined indicating an election where the separately computed net income/loss of a group of affiliated corporations is summed to determine the net income subject to tax. Each member must file its own separate return unless electing combined filing. Citation: https://library.partnertax.ai/us-ms/forms/83-100?c=1#part-ii-capital-loss","2-year carryback, 20-year carryforward; no deduction cap For any taxable year ending after December 31, 2001, a corporation's NOL is carried back to each of the two (2) taxable years preceding the year of the NOL, starting with the earliest, and then to each of the twenty (20) tax years following the year of the NOL, until the NOL is exhausted or the carry forward period expires. A corporation may elect to forgo the carryback, in which case the NOL is carried forward for twenty (20) years. Mississippi does not conform to federal net operating loss rules. Citation: https://library.partnertax.ai/us-ms/forms/83-100?c=1#part-i-net-operating-loss","15th day of the 4th month after year end, 15th day of the 6th month after year end, 15th day of the 9th month after year end, 15th day of the 12th month after year end For calendar-year filers. Payment is due on the next business day if the date falls on a Saturday, Sunday or legal holiday. Citation: https://library.partnertax.ai/us-ms/forms/83-100#electronic-filing","October 15 Automatic extension is granted if a taxpayer files an extension for federal tax purposes. The authorized extension of time to file does not extend the time for payment of the income or franchise tax due. Citation: https://library.partnertax.ai/us-ms/forms/83-100#who-must-file","Form 80-105 Form 80-105 is the 2025 Mississippi Resident Individual Income Tax Return, as stated in the instructions that serve as a guide for filing this form for resident individuals. Citation: https://library.partnertax.ai/us-ms/forms/80-100?c=1#line-item-instructions","4.4% 0% on the first $10,000.00 of taxable income Citation: https://library.partnertax.ai/us-ms/forms/80-100#tax-rates","April 15 Fiscal year returns must be filed no later than the 15th day of the 4th month following the end of the fiscal year. Citation: https://library.partnertax.ai/us-ms/forms/80-100#filing-requirements","October 15 Extension is automatic if refund is due or no additional tax owed; if additional taxes are owed, tax must be remitted with Form 80-106 by the original due date. Extension applies to filing only, not payment. Citation: https://library.partnertax.ai/us-ms/forms/80-100#filing-requirements","April 15th, June 15th, September 15th, January 15th Mississippi requires individuals to file a Declaration of Estimated Tax (Form 80-106) and make quarterly estimated tax payments if they do not have at least 80% of annual tax liability prepaid through withholding and annual tax liability exceeds $200. The four quarterly payment due dates are listed in payment order as stated in the authority. Citation: https://library.partnertax.ai/us-ms/forms/80-100?c=1#declaration-of-estimated-tax","$2,300 For single filers in tax year 2025. Mississippi uses a standard deduction system combined with personal exemptions. The standard deduction for single filers is $2,300; the personal exemption for single filers is $6,000. Citation: https://library.partnertax.ai/us-ms/forms/80-100#filing-status-and-exemptions","over $10,000 Mississippi imposes a 0% rate on the first $10,000 of taxable income and 4.4% on taxable income in excess of $10,000, making $10,000 the threshold where the top marginal rate begins for individual filers. Citation: https://library.partnertax.ai/us-ms/forms/80-100?c=1#tax-rates","Form 80-205 Form 80-205 is the 2025 Mississippi Non-Resident or Part-Year Resident Individual Income Tax Return, as stated in the instructions: ""your 2025 Mississippi Non-Resident or Part-Year Resident Individual Income Tax Return (Form 80-205)."" Citation: https://library.partnertax.ai/us-ms/forms/80-100?c=1#line-item-instructions" MO,Missouri,"MO-1065 Missouri Department of Revenue Form MO-1065 Partnership Return of Income is the form that partnerships must file for the relevant tax year, completed according to instructions published by the Missouri Department of Revenue. Citation: https://library.partnertax.ai/us-mo/regs/12_CSR_10-2.140?c=1#2","April 15 For calendar year partnerships, this is April 15, 2026 for tax year 2025. Citation: https://library.partnertax.ai/us-mo/forms/mo-1065#when-and-where-to-file","4.7% Missouri imposes pass-through entity income tax at 4.7% on Missouri net income of electing partnerships and S corporations under Section 143.436, RSMo. Citation: https://library.partnertax.ai/us-mo/forms/mo-pte-instructions?c=1#computed-items","On or before the 15th day of the fourth month following the end of the tax year (with the timely filed return) The election is made on Form MO-PTE and cannot be revoked once made for a tax year. A separate election must be made for each tax year. Citation: https://library.partnertax.ai/us-mo/forms/mo-pte-instructions#filing-requirements-for-form-mo-pte","Required on nonresident partners' distributive shares (rate not stated in retrieved instructions); withholding can be waived by partner agreement (Form MO-3NR) or composite return election. Missouri requires partnerships to withhold income tax from nonresident individual partners on their distributive share of partnership income. The withholding rate is determined either by the partner's Form MO W-4 (using employer withholding tables) or, if no Form MO W-4 is submitted, the highest rate used to determine Missouri income tax liability for individuals under § 143.011 RSMo. Withholding is not required if: (1) the nonresident partner agrees to have tax paid as part of a composite return; (2) the partner's Missouri assignable federal adjusted gross income from the partnership is less than $1,200; (3) the partnership is liquidated or terminated; (4) income was generated by a transaction related to termination or liquidation; (5) no cash or property was distributed in the current and prior taxable year; or (6) the partner files a Form MO-3NR withholding exemption agreement. Citation: https://library.partnertax.ai/us-mo/regs/12_CSR_10-2.190?c=1#A-4","Yes, elective (Form MO-1040) Nonresident partners may elect to have Missouri income tax due paid as part of the partnership's composite return. The composite return is filed on Form MO-1040. The tax rate for a composite return is 4.7 percent. Citation: https://library.partnertax.ai/us-mo/forms/mo-1040-instructions#composite-return","None (no entity-level tax; informational return only) Missouri does not impose an entity-level tax on partnerships. Partnerships file an informational return (MO-1065) but are not subject to tax at the partnership level; individual partners are liable for tax on their distributive shares. Citation: https://library.partnertax.ai/us-mo/stat/143.401","October 15 The extension is automatic when a federal extension is granted. The Missouri extension length equals the federal extension period, but cannot exceed six months. A copy of Federal Form 7004 must be attached to the MO-PTE return. Citation: https://library.partnertax.ai/us-mo/forms/mo-pte-instructions#extension-of-time-to-file-and-pay","None (no state K-1) Missouri does not issue a state-specific K-1 equivalent schedule. Partners receive their share of income allocations on the partnership's own return (MO-1065), with each partner's adjustment reported directly on that form. Missouri follows federal treatment of partnerships under IRC sections 701-771, with partners taxed only in their separate capacities on their individual returns. Citation: https://library.partnertax.ai/us-mo/stat/143.401","Form MO-1120 Form MO-1120 is the Missouri Corporation Income Tax Return filed by C corporations for the 2025 tax year. Citation: https://library.partnertax.ai/us-mo/forms/mo-1120?c=1#preamble","4% Section 143.071 RSMo imposes a tax on Missouri taxable income of corporations at this rate for all tax years beginning on or after January 1, 2020, which includes the 2025 tax year. Citation: https://library.partnertax.ai/us-mo/stat/143.071?c=1#3","April 15 For calendar-year filers, this is April 15. When the due date falls on a Saturday, Sunday, or legal holiday, the return is considered timely if filed on the next business day. Citation: https://library.partnertax.ai/us-mo/forms/mo-1120-instructions#time-and-place-of-filing-and-payment","None (repealed effective 2016) Missouri's annual franchise tax under Chapter 147 was repealed for tax years beginning on or after January 1, 2016. The statute states that for tax years beginning on or after January 1, 2016, no annual franchise tax shall be imposed under section 147.010. For tax year 2025, no franchise tax minimum applies. Citation: https://library.partnertax.ai/us-mo/stat/147.010?c=1#5","Single sales factor (receipts factor) Missouri provides multiple apportionment methods. The primary method for general multistate corporations is Method Two A, which uses a receipts factor apportionment. Industry-specific methods (Methods Three through Seven) are available for transportation, railroad, interstate bridge, telephone and telegraph businesses, and broadcasters, or with Director approval. Citation: https://library.partnertax.ai/us-mo/forms/mo-1120-instructions#apportionment-election","Separate-entity filing A corporation that participates in a consolidated federal income tax return but not a Missouri consolidated return shall file a separate Missouri Corporation Income Tax Return (Form MO-1120), establishing that members of federal consolidated groups must file separately for Missouri purposes. Citation: https://library.partnertax.ai/us-mo/regs/12_CSR_10-2.705?c=1#2","2-year carryback, 20-year carryforward Missouri does not have a state NOL deduction; only federal NOLs may be used. NOLs carried back more than two years from the loss year are treated as addition modifications. An NOL disallowed on this basis may be carried forward for 20 years from the loss year. The NOL deduction cannot exceed the corporation's taxable income (after special deductions). Citation: https://library.partnertax.ai/us-mo/forms/mo-1120-instructions#part-4-amended-reason","the 15th day of the 4th, 6th, 9th, and 12th months of the taxable year Missouri statute § 143.541(1) establishes that for C corporations filing declarations on or before April 15 of the taxable year, estimated tax shall be paid in four equal installments on these dates, with the fourth installment due December 15 of the taxable year (adjusted to December 15 for corporations per § 143.541(1)(6) rather than January 15 of the succeeding year). Citation: https://library.partnertax.ai/us-mo/stat/143.541?c=1#1-2","up to 180 days; automatic extension if federal extension is granted Missouri grants an automatic extension of time to file corporation income tax to any corporation or pass-through entity that has a federal extension. The extension is automatic and extends the due date up to 180 days. Form MO-7004 and payment are due on or before the original due date of the return. Citation: https://library.partnertax.ai/us-mo/forms/mo-7004#preamble","Form MO-1040 Form MO-1040 is the primary individual income tax return form for Missouri resident individuals for the 2025 tax year. The form is titled 'Individual Income Tax Return (Long Form)' and is used by resident individuals to file their Missouri state personal income tax returns. Citation: https://library.partnertax.ai/us-mo/forms/mo-1040?c=1#preamble","4.7% (top bracket rate) Missouri uses graduated tax brackets. The highest marginal rate applies to taxable income over $9,191. Citation: https://library.partnertax.ai/us-mo/forms/mo-1040a-instructions#missouri-itemized-deductions","April 15 For calendar year 2025 returns. When the due date falls on a Saturday, Sunday, or legal holiday, the return is considered timely if filed on the next business day. Citation: https://library.partnertax.ai/us-mo/forms/mo-1040a-instructions#nonresident-alien-special-filing-instructions","October 15 Automatic extension granted for individual income tax filers. Extension is automatic if taxpayer has an approved federal extension and does not expect to owe additional income tax or anticipates a refund. Form MO-60 must be filed only if taxpayer expects to owe tax or wants a Missouri extension without a federal extension. Citation: https://library.partnertax.ai/us-mo/forms/mo-1040a-instructions#extension-of-time-to-file","April 15, June 15, September 15, January 15 For calendar year taxpayers who file estimated tax declarations on or before April 15, Missouri requires four equal installments of estimated tax payments due on April 15, June 15, September 15, and January 15 of the succeeding year. If the due date falls on a Saturday, Sunday, or legal holiday, the payment is timely if filed on the next business day. Citation: https://library.partnertax.ai/us-mo/forms/mo-1040-instructions?c=1#part-iii-instructions-regular-method","$15,750 Standard deduction for single filers and married filing separately filers for tax year 2025. Citation: https://library.partnertax.ai/us-mo/forms/mo-1040a-instructions#filing-status-2","Over $6,565 Missouri uses a graduated bracket system with the top rate applying to taxable income over $6,565. Citation: https://library.partnertax.ai/us-mo/forms/mo-1040#missouri-department-of-revenue-missouri-department-of-revenu","Form MO-NRI Nonresidents and part-year residents of Missouri file Form MO-NRI (Nonresident / Part-Year Resident Income Percentage) to calculate their Missouri income percentage. The form is attached to the Missouri return along with federal return and supporting documents. Citation: https://library.partnertax.ai/us-mo/forms/mo-nri#preamble" MT,Montana,"information return Partnerships file an information return along with a copy of their federal partnership return. Electronic filing is required for partnerships with more than 100 partners. Citation: https://library.partnertax.ai/us-mt/stat/15-30-3302#c","March 16 Mont. Code Ann. § 15-30-3302(5)(a) requires a partnership with Montana source income to file an information return on or before this date, subject to the due date provision in 15-30-2604(1)(b). Citation: https://library.partnertax.ai/us-mt/stat/15-30-3302?c=1#c","highest marginal tax rate in effect under 15-30-2103 Montana's PTE tax rate equals the highest marginal individual income tax rate under § 15-30-2103 for the tax year. Citation: https://library.partnertax.ai/us-mt/stat/15-30-3326#1","No later than the due date, including extensions, of the pass-through entity's tax return The election must be made by the extended due date of Form PTE. Once made, the election is irrevocable for that tax year. Citation: https://library.partnertax.ai/us-mt/stat/15-30-3327#preamble","Highest marginal tax rate multiplied by the nonresident individual's share of Montana source income of $1,000 or more; alternatives include filing a composite return or obtaining partner consent to file and pay Montana taxes Publicly traded partnerships that file annual information returns are exempt from withholding requirements. Small oil and gas producers (less than 100,000 barrels of oil and less than 500 million cubic feet of gas annually) are also exempt. Citation: https://library.partnertax.ai/us-mt/stat/15-30-3313#preamble","Yes, elective A partnership or S corporation may elect to file a composite return on behalf of nonresident individuals, nonresident estates, nonresident trusts, foreign C corporations, or pass-through entities whose only Montana source income is from the entity and other partnerships or S corporations electing to file the composite return. Citation: https://library.partnertax.ai/us-mt/stat/15-30-3312#preamble",—,"6 months following the date prescribed for filing of the tax return; automatic Montana Code Annotated § 15-30-2604(3)(a) grants all taxpayers, including partnerships, an automatic extension of up to 6 months following the original filing date. The extension is automatic and does not require a request. However, taxes, penalties, and interest remain due when the return is filed, not by the original due date. Citation: https://library.partnertax.ai/us-mt/stat/15-30-2604?c=1#a-2","Montana Schedule K-1 Montana Publication 4 identifies 'Montana Schedule K-1' as the state schedule issued to each partner reporting that partner's distributive share of partnership income, including Montana source income and Montana adjustments. Citation: https://library.partnertax.ai/us-mt/forms/publication-4-pte-tax-guide?c=1#montana-schedule-k-1-2-3","Form CIT Montana requires C corporations doing business in the state to file a Montana Corporate Income Tax Return (Form CIT) and pay corporate income tax. Citation: https://library.partnertax.ai/us-mt/forms/corporate-income-tax?c=1#montana-corporate-income-tax","6.75% Montana imposes a corporate income tax on C corporations at the standard rate of 6.75% of net income, as stated in Mont. Code Ann. § 15-31-121(1). This is the primary rate for corporations doing business in Montana; alternative rates (7% for water's-edge election, 0.5% for alternative gross sales) apply only to specific elections or limited circumstances. Citation: https://library.partnertax.ai/us-mt/stat/15-31-121?c=1#1","May 15 For calendar-year C corporations filing the Montana Corporate Income Tax Return (Form CIT), the regular due date is May 15 following the close of the calendar year, as stated in Mont. Code Ann. § 15-31-111(2)(a). Citation: https://library.partnertax.ai/us-mt/stat/15-31-111?c=1#a","$50 Montana Code Annotated § 15-31-121(3) imposes a minimum tax of $50 on each corporation subject to taxation under the corporate income tax chapter, regardless of income. Citation: https://library.partnertax.ai/us-mt/stat/15-31-121?c=1#3","Single sales factor For tax periods beginning after December 31, 2024, Montana uses a single receipts factor apportionment formula. Prior periods used different formulas: double-weighted receipts factor (after June 30, 2021) and equally-weighted three-factor formula (on or before June 30, 2021). Citation: https://library.partnertax.ai/us-mt/forms/corporate-income-tax#montana-corporate-income-tax","Unitary combined reporting (with optional water's edge election) Montana requires unitary combined reporting. Multinational corporations may elect water's edge unitary combination method. Consolidated returns are permitted only for affiliated groups constituting a unitary business with department permission. Citation: https://library.partnertax.ai/us-mt/stat/15-31-301#2","10-year carryforward, 3-year carryback (limited to $500,000 per tax period) for losses beginning after December 31, 2017 For tax periods ending before January 1, 2018, losses had a 7-year carryforward and 3-year carryback. Taxpayers may elect to forego the carryback period. Citation: https://library.partnertax.ai/us-mt/stat/15-31-119#preamble","April 15, June 15, September 15, December 15 Mont. Code Ann. § 15-31-502(2)(a)(i) specifies the due dates for calendar-year corporate estimated tax payments when annual estimated tax is $5,000 or more: four quarterly installments on April 15, June 15, September 15, and December 15. Citation: https://library.partnertax.ai/us-mt/stat/15-31-502?c=1#a","November 15 Montana grants all C corporations an automatic six-month extension to file a return. Extension deadlines are for returns only; any tax liability must still be paid by the original due date or it will be subject to uniform penalties and interest. Citation: https://library.partnertax.ai/us-mt/forms/corporate-income-tax#montana-corporate-income-tax","Form 2 Montana Individual Income Tax Return Citation: https://library.partnertax.ai/us-mt/forms/individual-income-tax-filing-options#montana-income-tax-filing-options-and-resources","5.65% (top bracket rate) Montana uses graduated tax brackets. The top marginal rate of 5.65% applies to taxable income exceeding the threshold amounts, which vary by filing status: $95,000 for married filing jointly, $71,250 for head of household, and $47,500 for single filers and married filing separately. Citation: https://library.partnertax.ai/us-mt/stat/15-30-2103#a","April 15 Mont. Code Ann. § 15-30-2604(1)(a) establishes that for calendar year taxpayers, the individual income tax return must be filed on or before April 15 following the close of the calendar year. Citation: https://library.partnertax.ai/us-mt/stat/15-30-2604?c=1#a","October 15 Montana Code Annotated § 15-30-2604(3)(a) provides that a taxpayer is allowed an automatic extension of time for filing the taxpayer's return of up to 6 months following the date prescribed for filing of the tax return. For calendar-year individual taxpayers, the original due date is April 15 under § 15-30-2604(1)(a), making the extended deadline October 15. The extension is automatic and requires no separate request. Citation: https://library.partnertax.ai/us-mt/stat/15-30-2604?c=1#a-2","April 15, June 15, September 15, January 15 of the following tax year Mont. Code Ann. § 15-30-2512(a) specifies that for taxpayers whose tax year begins on January 1, estimated tax payments are due on April 15, June 15, September 15, and January 15 of the following tax year. This applies to individuals subject to Montana income tax, except farmers or ranchers as defined in the statute. Citation: https://library.partnertax.ai/us-mt/stat/15-30-2512?c=1#a",—,"over $47,500 For a single filer (individual other than surviving spouse or head of household who is not a married individual), the top marginal rate of 5.65% begins on Montana taxable income in excess of $47,500. Citation: https://library.partnertax.ai/us-mt/stat/15-30-2103#c","Form 2 Nonresidents and part-year residents file Form 2 with the residency/apportionment schedule. maintainer-verified citation (admin drawer offline); grounded in already-ingested library text Citation: https://library.partnertax.ai/us-mt/forms/individual-income-tax-filing-statuses#montana-individual-income-tax-filing-statuses" NE,Nebraska,"Form 1065N Nebraska requires partnerships to file Form 1065N, the NE Return of Partnership Income, for the 2025 tax year. The form must be filed on or before the fifteenth day of the fourth month following the close of the taxable year. Citation: https://library.partnertax.ai/us-ne/forms/partnership-booklet?c=1#how-to-complete-form-1065n","March 16 Nebraska requires partnerships to file Form 1065N on or before the 15th day of the third month following the close of the taxable year. This is the regular (non-extended) due date for partnership returns under Nebraska law. Citation: https://library.partnertax.ai/us-ne/forms/partnership-booklet?c=1#when-and-where-to-file","5.20% Nebraska offers an elective pass-through entity tax (PTET) for partnerships at a rate of 5.20% of Nebraska income reported to the state for the 2025 tax year. The rate is calculated by multiplying line 5 (income reported to Nebraska) by 5.20% on Form 1065N, line 6. Citation: https://library.partnertax.ai/us-ne/forms/partnership-booklet?c=1#how-to-complete-form-1065n","With the timely filed return (including any approved extension) For tax years beginning on or after January 1, 2023, the electing partnership makes the election on the applicable income tax return on or before the due date for filing that return, including any extensions granted. The partnership checks box 5 on Form 1065N to elect or previously elect to be subject to income tax for the 2025 tax year. Citation: https://library.partnertax.ai/us-ne/stat/77-2727?c=1#a-2","5.20% of the nonresident partner's share of partnership taxable income from Nebraska sources, unless the nonresident partner completes Form 12N or the partnership makes the PTET election Withholding can be waived if the nonresident individual partner completes and submits a properly signed Form 12N (Nebraska Nonresident Income Tax Agreement) before the original filing of Form 1065N, or if the partnership makes the PTET election. Publicly traded partnerships are not required to withhold if they identify each partner with Nebraska income in excess of $500. Citation: https://library.partnertax.ai/us-ne/forms/partnership-booklet#what-s-new","Yes, elective (Form 12N); partnership remits tax on behalf of nonresident partners who do not execute the agreement Nebraska allows nonresident individual partners to elect to file a Nebraska Nonresident Income Tax Agreement, Form 12N, which relieves the partnership from the obligation to remit income tax withholding on the partner's behalf. If Form 12N is not signed and completed, the partnership must remit income tax at the highest individual rate on the nonresident partner's share of partnership taxable income from Nebraska sources. The partnership reports the amount remitted on the Nebraska Schedule K-1N. This mechanism functions as an elective composite arrangement: nonresident partners may elect (via Form 12N) to file individual returns and pay their own tax, or allow the partnership to remit tax on their behalf at the entity level. Citation: https://library.partnertax.ai/us-ne/forms/partnership-booklet?c=1#nonresident","None (no entity-level tax; informational return only) Nebraska does not subject partnerships to income tax at the entity level; instead, partners include their proportionate share of partnership income in their individual returns. The regulation states: 'A partnership is not subject to income tax in Nebraska unless it is taxed as a corporation for federal income tax purposes.' Citation: https://library.partnertax.ai/us-ne/regs/316-25-002?c=1","Up to the maximum number of months provided by the IRS; automatic if federal extension granted Nebraska will only allow partnerships an extension of time up to the maximum number of months provided by the IRS. If a federal extension of time has been granted, the filing date for Form 1065N is automatically extended for the same period. No additional Nebraska extension will be provided. Citation: https://library.partnertax.ai/us-ne/forms/partnership-booklet?c=1#supersedes-8-021-1968-rev-3-2025","Schedule K-1N Nebraska Schedule K-1N is the state schedule used by partnerships to report each partner's share of income, deductions, modifications, and credits. The partnership must provide a Nebraska Schedule K-1N to each partner, and a copy of every Nebraska Schedule K-1N must be submitted with the Form 1065N partnership return. Citation: https://library.partnertax.ai/us-ne/forms/partnership-booklet?c=1#sch-k-1n","Form 1120N Form 1120N is the Nebraska Corporation Income Tax Return that C corporations file for the tax year. The evidence identifies it as ""Nebraska Corporation Income Tax Return"" and specifies that ""A 2025 Form 1120N must be used to file for the calendar year 2025, or a fiscal year beginning in 2025."" Citation: https://library.partnertax.ai/us-ne/forms/corp-booklet?c=1#converting-net-income-to-combined-net-income","5.20% For the 2025 taxable year, Nebraska imposes a corporate income tax at a flat rate of 5.20% on Nebraska taxable income of C corporations, as established by LB 754 (2023) and applied to all corporate taxpayers filing Form 1120N. Citation: https://library.partnertax.ai/us-ne/forms/corp-booklet?c=1#instructions","March 15 For calendar-year C corporations filing Form 1120N, the due date is the 15th day of March following the close of the calendar year; for fiscal-year filers, the due date is the 15th day of the third month following the close of the fiscal year. This is the regular (non-extended) due date under Nebraska Administrative Code § 316-24-006. Citation: https://library.partnertax.ai/us-ne/regs/316-24-006?c=1",—,"Single sales factor Nebraska apportions multistate corporate income using a single, sales-only factor. The apportionment formula consists of a fraction where the numerator is total sales in Nebraska and the denominator is total sales everywhere, applied to federal taxable income as adjusted. Citation: https://library.partnertax.ai/us-ne/forms/corp-booklet?c=1#apportionment-for-multistate-business","Mandatory unitary combined reporting When a group of corporations conducts a unitary business, a single combined return must be filed reporting the income of the entire group. Nebraska requires each corporate taxpayer that is part of a unitary group to file only one income tax return for the group for each taxable year. Citation: https://library.partnertax.ai/us-ne/forms/corp-booklet?c=1#important-information-for-all-filers","20-year carryforward for NOLs incurred in tax years beginning on or after January 1, 2014; 5-year carryforward for NOLs incurred in tax years beginning prior to January 1, 1987; no carryback allowed Nebraska allows carryforward only, not carryback. For NOLs incurred in tax years beginning on or after January 1, 2014, the maximum carryforward period is 20 tax years. For NOLs incurred in tax years beginning prior to January 1, 1987, the carryforward period is 5 tax years. Additional limitations apply after reorganizations, mergers, and when a corporation with an NOL carryforward becomes a member of a unitary group. Citation: https://library.partnertax.ai/us-ne/forms/corp-booklet#line-9","April 15, June 15, September 15 Three estimated payments required for calendar-year corporate filers. Citation: https://library.partnertax.ai/us-ne/forms/corp-booklet#line-12","Seven months after the original due date (automatic extension) Nebraska allows a maximum of a seven-month extension beyond the original due date of the corporation income tax return when an Application for Automatic Extension of Time to File Nebraska Corporation, Fiduciary, or Partnership Return (Form 7004N) is filed and tentatively computed tax liability is paid on or before the original due date. The extension is automatic upon proper filing and payment. Citation: https://library.partnertax.ai/us-ne/forms/corp-booklet?c=1#supersedes-8-021-1968-rev-3-2025","Form 1040N Nebraska Individual Income Tax Return for resident individuals filing for the 2025 taxable year (January 1, 2025 through December 31, 2025). Citation: https://library.partnertax.ai/us-ne/forms/individual-income-tax-booklet?c=1#line-24z","5.20% (top bracket rate) For tax year 2025, Nebraska applies a graduated tax bracket system with four rates. The top marginal rate of 5.20% applies to the highest income bracket for all filing statuses, effective for taxable years beginning on or after January 1, 2025, and before January 1, 2026. Citation: https://library.partnertax.ai/us-ne/stat/77-2715.03?c=1","April 15 Nebraska law establishes the regular due date for individual income tax returns as the 15th day of the fourth month following the close of the taxable year, which is April 15 for calendar-year taxpayers. If the due date falls on a Saturday, Sunday, or legal holiday, the return must be filed by the first business day after that date. Citation: https://library.partnertax.ai/us-ne/forms/individual-income-tax-booklet?c=1#notification-of-scam-text-messages","October 15 Nebraska automatically extends the filing deadline for individual income tax returns when a federal extension is granted. The extension is six months from the original due date. Per Neb. Admin. Code § 316-22-014.01, an extension granted by the IRS automatically extends the time for filing a Nebraska individual income tax return, and the taxpayer must attach a copy of the federal application for automatic extension to the Nebraska return when filed. Citation: https://library.partnertax.ai/us-ne/regs/316-22-014?c=1","April 15, June 15, September 15, and January 15 Nebraska requires individuals to make estimated income tax payments on four installment dates: April 15, June 15, September 15, and January 15. An individual who did not pay enough estimated income tax by any of these applicable due dates will be assessed a penalty for underpayment of estimated income tax. Citation: https://library.partnertax.ai/us-ne/forms/individual-income-tax-booklet?c=1#notification-of-scam-text-messages","$8,600 Nebraska standard deduction for single filers with no dependents or age/blindness adjustments, per the 2025 Nebraska Standard Deduction Chart in the Form 1040N instructions. Citation: https://library.partnertax.ai/us-ne/forms/individual-income-tax-booklet?c=1#how-to-complete-your-form-1040n","Over $77,760 For 2025 tax year, the top bracket for single filers begins over $77,760, where the 5.20% rate applies to income above that threshold. This is the endpoint of the tax table bracket and the beginning of the top marginal rate for individual Nebraska income tax. Citation: https://library.partnertax.ai/us-ne/forms/tax-tables?c=1#over-77-760","Form 1040N with Nebraska Schedule III Nonresidents and partial-year residents must complete and attach Form 1040N, Schedule III. The Schedule III is required even if all income is earned in Nebraska. Citation: https://library.partnertax.ai/us-ne/forms/individual-income-tax-booklet?c=1#how-to-complete-your-form-1040n" NV,Nevada,"None Nevada does not impose an income tax on partnerships. There is no Nevada partnership income tax return filing requirement. Citation: https://library.partnertax.ai/us-nv/no-tax/partnership-income-tax#filing-consequences","None Nevada does not impose an income tax on partnerships or partners. There is no Nevada partnership income tax return. Entity-level filing obligations for partnerships may include Commerce Tax returns (if Nevada gross revenue exceeds $4,000,000) and Modified Business Tax returns (if the partnership pays wages). Citation: https://library.partnertax.ai/us-nv/no-tax/partnership-income-tax#coverage-and-verification","None (no PTE election) Nevada has no income tax on partnerships or partners. The evidence explicitly states there is no pass-through entity tax election because there is no Nevada income tax for such a regime to collect or credit against. Citation: https://library.partnertax.ai/us-nv/no-tax/partnership-income-tax#summary","None (no partnership return required) Derived from partnership_due_date for Nevada, which cites a source stating the jurisdiction imposes no partnership tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-nv/no-tax/partnership-income-tax#coverage-and-verification","None (no withholding requirement) Nevada does not impose an income tax on partnerships or partners. Because Nevada has no individual income tax, there is no nonresident withholding on distributive shares. Citation: https://library.partnertax.ai/us-nv/no-tax/partnership-income-tax#summary","None (no composite return) Nevada does not impose an income tax on partnerships or partners. Because Nevada has no individual income tax, there is no Nevada composite return, no nonresident withholding on distributive shares, and no pass-through entity tax election. Citation: https://library.partnertax.ai/us-nv/no-tax/partnership-income-tax#summary","None (no entity-level partnership income tax; Commerce Tax applies to partnerships with Nevada gross revenue exceeding $4,000,000) Nevada does not impose an income tax on partnerships or partners, and there is no Nevada partnership income tax return or annual partnership fee. Partnerships are subject to the Commerce Tax (a gross revenue tax, not an income tax) if Nevada gross revenue exceeds $4,000,000, and to the Modified Business Tax if they pay wages, but these are not partnership-specific annual fees. Citation: https://library.partnertax.ai/us-nv/no-tax/partnership-income-tax?c=1#coverage-and-verification","None Derived from partnership_due_date for Nevada, which cites a source stating the jurisdiction imposes no partnership tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-nv/no-tax/partnership-income-tax#coverage-and-verification","None (no state K-1) Nevada does not impose an income tax on partnerships or partners. There is no Nevada partnership income tax return and no Nevada Schedule K-1 equivalent. Citation: https://library.partnertax.ai/us-nv/no-tax/partnership-income-tax#filing-consequences","None (no corporate income tax) Nevada does not impose a corporate income tax. C corporations in Nevada are instead subject to the Commerce Tax (Form EXC-F025) if Nevada gross revenue exceeds $4,000,000, and may be subject to the Modified Business Tax on wages. Citation: https://library.partnertax.ai/us-nv/no-tax/corporate-income-tax#filing-consequences","None (no corporate income tax) Derived from corporation_franchise_minimum_tax for Nevada, which cites a source stating the jurisdiction imposes no corporation tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-nv/no-tax/corporate-income-tax#filing-consequences","None Nevada does not impose a corporate income tax. Instead, NRS 363C.200(1) imposes a commerce tax on business entities whose Nevada gross revenue exceeds $4,000,000, with returns due 45 days after the June 30 taxable year end. Citation: https://library.partnertax.ai/us-nv/no-tax/corporate-income-tax?c=1#summary","None (no corporate income or franchise tax minimum; Nevada does not impose a corporate income tax) Nevada does not impose a corporate income tax or a corporate income or franchise tax measured by net income. The state's principal entity-level taxes are the Commerce Tax (imposed on Nevada gross revenue above $4,000,000) and the Modified Business Tax (imposed on wages), neither of which is a franchise or corporate income tax subject to a minimum. Citation: https://library.partnertax.ai/us-nv/no-tax/corporate-income-tax?c=1#summary","None (no corporate income tax) Nevada does not impose a corporate income tax, and therefore there is no Nevada apportionment regime for income tax purposes. Citation: https://library.partnertax.ai/us-nv/no-tax/corporate-income-tax?c=1#filing-consequences","None (no corporate income tax) Nevada does not impose a corporate income tax. Therefore, there is no corporate income tax return to file, and no apportionment, combined reporting, or net operating loss regime for income tax purposes. Citation: https://library.partnertax.ai/us-nv/no-tax/corporate-income-tax#filing-consequences","None (no corporate income tax) Nevada does not impose a corporate income tax and therefore has no net operating loss regime for income tax purposes. Citation: https://library.partnertax.ai/us-nv/no-tax/corporate-income-tax#filing-consequences","None (no estimated payments required) Nevada does not impose a corporate income tax, and therefore does not require corporate estimated tax payments. Citation: https://library.partnertax.ai/us-nv/no-tax/corporate-income-tax?c=1#summary","None (no corporate income tax) Derived from corporate_tax_rate for Nevada, which cites a source stating the jurisdiction imposes no corporation tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-nv/no-tax/corporate-income-tax#filing-consequences","None (no individual income tax) Nevada does not impose an individual income tax. Therefore, there is no primary state personal income tax return form for resident individuals. Citation: https://library.partnertax.ai/us-nv/no-tax/individual-income-tax#coverage-and-verification","None (no individual income tax) Derived from individual_filing_form for Nevada, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-nv/no-tax/individual-income-tax#coverage-and-verification","None Derived from individual_filing_form for Nevada, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-nv/no-tax/individual-income-tax#coverage-and-verification","None Derived from individual_filing_form for Nevada, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-nv/no-tax/individual-income-tax#coverage-and-verification","None (no individual income tax) Derived from individual_filing_form for Nevada, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-nv/no-tax/individual-income-tax#coverage-and-verification","None (no individual income tax) Nevada does not impose an individual income tax. Therefore, there is no standard deduction for individual filers. Citation: https://library.partnertax.ai/us-nv/no-tax/individual-income-tax#coverage-and-verification","None (no individual income tax) Derived from individual_filing_form for Nevada, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-nv/no-tax/individual-income-tax#coverage-and-verification","None (no individual income tax) Derived from individual_filing_form for Nevada, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-nv/no-tax/individual-income-tax#coverage-and-verification" NH,New Hampshire,"Form NH-1065 All business organizations, including Limited Liability Companies (LLC), taxed as a partnership federally must file Form NH-1065 return provided they have conducted business activity in New Hampshire and their gross business income from everywhere is in excess of $109,000 (for taxable periods beginning on or after January 1, 2025). Citation: https://library.partnertax.ai/us-nh/forms/nh-1065-instructions-2025?c=1#who-must-file","March 15 For calendar year filers. For fiscal year filers, the due date is the 15th day of the third month following the close of the partnership's fiscal period. Citation: https://library.partnertax.ai/us-nh/forms/bt-summary-instructions-2025#when-to-file","None (no PTE election) Derived from partnership_pte_election_deadline for New Hampshire, which cites a source stating the jurisdiction imposes no partnership tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-nh/no-tax/partnership-income-tax#summary","None (no PTE election) New Hampshire does not offer an elective pass-through entity (PTE) tax. The state taxes partnerships at the entity level through the Business Profits Tax (BPT) and Business Enterprise Tax (BET). Partners are not taxed on their distributive shares because New Hampshire has no individual income tax on earned income, and the Interest and Dividends Tax was repealed effective January 1, 2025. Citation: https://library.partnertax.ai/us-nh/no-tax/partnership-income-tax#summary","None (no withholding requirement) New Hampshire does not tax partners on their distributive shares of partnership income. There is no individual income tax on earned income, and the Interest and Dividends Tax was repealed effective January 1, 2025. Therefore, there is no nonresident withholding on distributive shares. Citation: https://library.partnertax.ai/us-nh/no-tax/partnership-income-tax#summary","None (no composite return) New Hampshire does not tax partners on partnership income and has no individual income tax on earned income. The Interest and Dividends Tax was repealed effective January 1, 2025. Therefore, there is no composite return mechanism. Citation: https://library.partnertax.ai/us-nh/no-tax/partnership-income-tax#summary","None (no annual fee stated in the partnership return instructions) The NH-1065 Partnership Business Profits Tax Return Instructions (2025) set out the filing requirements and tax computation in full but state no fixed annual fee, filing fee, or minimum tax on partnerships or LLCs taxed as partnerships. New Hampshire imposes the Business Profits Tax (BPT) at 7.5% on taxable business profits and the Business Enterprise Tax (BET) at 0.55% on the enterprise value tax base, both computed on income or value rather than as fixed annual fees. Citation: https://library.partnertax.ai/us-nh/forms/nh-1065-instructions-2025?c=1#who-must-file","7 months beyond the original due date (automatic if 100% of tax is paid by the original due date) New Hampshire grants an automatic 7-month extension to file the partnership business tax return (NH-1065 filed with BT-Summary) if 100% of the BPT and BET determined to be due has been paid by the original due date; no extension form is required to claim this automatic extension, and the return may be filed up to 7 months beyond the original due date without incurring a late filing penalty. Citation: https://library.partnertax.ai/us-nh/forms/bt-summary-instructions-2025?c=1#extension-to-file","None (no PTE election) Derived from partnership_pte_election_deadline for New Hampshire, which cites a source stating the jurisdiction imposes no partnership tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-nh/no-tax/partnership-income-tax#summary","Form NH-1120 Form NH-1120 is the Corporate Business Profits Tax Return that C corporations (business organizations taxed as corporations federally) must file in New Hampshire for tax year 2025 when gross business income exceeds $109,000. Citation: https://library.partnertax.ai/us-nh/forms/nh-1120-instructions-2025?c=1#who-must-file","7.5% Rate applies to taxable periods ending on or after December 31, 2023 Citation: https://library.partnertax.ai/us-nh/forms/nh-1120-instructions-2025#taxpayer-identification","April 15 For calendar-year filers. Fiscal-year filers must file by the 15th day of the 4th month following the close of the entity's fiscal period. Citation: https://library.partnertax.ai/us-nh/forms/bt-summary-instructions-2025#when-to-file","None (no minimum tax stated in the corporate return instructions) New Hampshire imposes a Business Profits Tax (BPT) computed as a percentage of taxable business profits with no minimum or floor amount stated in the corporate return instructions. The tax is calculated as Line 11 (New Hampshire Taxable Business Profits) multiplied by 7.5%. Citation: https://library.partnertax.ai/us-nh/forms/nh-1120-instructions-2025#checkbox","Form DP-80, Apportionment of Income New Hampshire requires multistate business organizations with business activity both inside and outside the state to apportion gross business profits using Form DP-80. The apportionment factor is entered to six decimal places on the return. Citation: https://library.partnertax.ai/us-nh/forms/nh-1120-instructions-2025#checkbox","Mandatory unitary combined reporting New Hampshire requires business organizations that are conducting a unitary business inside and outside New Hampshire to file a combined Business Profits Tax (BPT) return (a member of the unitary group must be subject to tax in another jurisdiction). Separate entity filing is used only when the business does not meet the combined filing requirements. Citation: https://library.partnertax.ai/us-nh/forms/nh-1120-instructions-2025#taxpayer-identification","10-year carryforward, no carryback, with a cap of $10,000,000 per year for taxable periods ending on or after January 1, 2013 For taxable periods ending 7/1/2005 through 12/31/2012, the cap was $1,000,000. The $10,000,000 cap applies to taxable periods ending 1/1/2013 and after. Citation: https://library.partnertax.ai/us-nh/forms/nh-1120-we-instructions-2025#checkbox","25 percent is due and payable on the fifteenth day of the fourth month of the subsequent taxable year; 25 percent is due and payable on the fifteenth day of the sixth month of the subsequent taxable year; 25 percent is due and payable on the fifteenth day of the ninth month of the subsequent taxable year; and 25 percent is due and payable on the fifteenth day of the twelfth month of the subsequent taxable year These are the quarterly estimated tax payment due dates for corporations required to file Business Profits Tax (BPT) returns under RSA 77-A:7. Payments are required unless the annual estimated tax for the subsequent taxable period is less than $200 for BPT (or $260 for BET). Citation: https://library.partnertax.ai/us-nh/stat/77-A_7#preamble","7 months beyond the original due date (automatic if 100% of tax is paid by the original due date) New Hampshire grants an automatic 7-month extension to file the business tax return (which includes the corporate Business Profits Tax) if 100% of the tax determined to be due has been paid by the original due date. The extension is automatic and requires no form filing if this condition is met; otherwise, Form BT-EXT must be filed by the original due date. Citation: https://library.partnertax.ai/us-nh/forms/bt-summary-instructions-2025?c=1#extension-to-file","None (no individual income tax) Quoted directly from New Hampshire's no-tax page. The nine Individual attribute queries never retrieve that page in this state, so the anchor was taken from the page itself rather than from an extraction; the cited sentence appears verbatim in the section. Citation: https://library.partnertax.ai/us-nh/no-tax/individual-income-tax#summary","None (no individual income tax) Derived from individual_filing_form for New Hampshire, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-nh/no-tax/individual-income-tax#summary","None Derived from individual_filing_form for New Hampshire, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-nh/no-tax/individual-income-tax#summary","None Derived from individual_filing_form for New Hampshire, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-nh/no-tax/individual-income-tax#summary","None (no individual income tax) Derived from individual_filing_form for New Hampshire, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-nh/no-tax/individual-income-tax#summary","None (no individual income tax) Derived from individual_filing_form for New Hampshire, which cites a source stating the jurisdiction imposes no individual tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-nh/no-tax/individual-income-tax#summary","None (no individual income tax) Derived from individual_filing_form for New Hampshire, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-nh/no-tax/individual-income-tax#summary","None (no individual income tax) Derived from individual_filing_form for New Hampshire, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-nh/no-tax/individual-income-tax#summary" NJ,New Jersey,"NJ-1065 Form NJ-1065 is the Partnership Return filed by entities classified as partnerships for federal income tax purposes that have income or loss derived from New Jersey sources. Citation: https://library.partnertax.ai/us-nj/forms/nj-1065?c=1#table-of-contents","April 15 Calendar year 2025 returns are due April 15, 2026. Short period returns must be filed by the due date of the federal Form 1065. Citation: https://library.partnertax.ai/us-nj/forms/nj-1065#when-to-file","5.675% to 10.9% (graduated; tiered pass-through entity tax based on distributive proceeds) New Jersey offers an elective pass-through entity tax (called 'Pass-Through Business Alternative Income Tax') with graduated rates: 5.675% on distributive proceeds not over $250,000; 6.52% on proceeds over $250,000 but not over $1,000,000 (plus $14,187.50 base); and 10.9% on proceeds over $1,000,000 (plus $63,087.50 base). This election is available to partnerships and other pass-through entities and applies for taxable years beginning on or after January 1, 2020. Citation: https://library.partnertax.ai/us-nj/stat/54A_12-3#2","On or before the due date of the entity's return The election must be made annually and cannot be made retroactively. Revocation must also occur on or before the due date of the entity's return. Citation: https://library.partnertax.ai/us-nj/stat/54A_12-3#1","6.37% on nonresident noncorporate partners' distributive shares; 9% on nonresident corporate partners' distributive shares. Composite return filing at 10.75% is available as an alternative for qualified nonresident individual partners. N.J.S.A. § 54:10A-15.11(1) requires partnerships to remit tax equal to nonresident noncorporate partners' share of entire net income multiplied by an allocation factor and multiplied by .0637, plus nonresident corporate partners' share multiplied by an allocation factor and multiplied by .09. Alternatively, under NJ-1065 instructions, a partnership with New Jersey source income may file a composite return (NJ-1080-C) on behalf of qualified nonresident individual partners at the highest rate of 10.75%. Citation: https://library.partnertax.ai/us-nj/stat/54_10A-15.11?c=1#1","Yes, elective (Form NJ-1080-C) Nonresident individuals who are members of partnerships, LLCs, S corporations, estates, and trusts may elect to participate. The individual must complete Form NJ-1080-E to elect participation. Tax is calculated at the highest rate (10.75%) without exemptions or deductions. Citation: https://library.partnertax.ai/us-nj/forms/nj-1080c-instructions#preamble","$150 for each owner up to a maximum of $250,000 (NJ-1065) New Jersey requires any entity classified as a partnership for federal income tax purposes, other than an investment club, that has any income or loss derived from New Jersey sources and that has more than two owners to make a filing fee payment of $150 for each owner, with a maximum total of $250,000. The fee is paid with Form NJ-1065 (Partnership Return). Citation: https://library.partnertax.ai/us-nj/forms/nj-1065?c=1#partnership-filing-fee","September 15 New Jersey grants an automatic five-month extension for NJ-1065 if a federal extension (Form 7004) is obtained for federal Form 1065. A copy of the federal extension application must be filed with the NJ-1065. Additionally, partnerships with a filing fee due must file PART-200-T (Partnership Application for Extension of Time to File NJ-1065) by the original due date with applicable payment. There is no extension of time to pay the fee due. Citation: https://library.partnertax.ai/us-nj/forms/nj-1065#where-to-file","Schedule NJK-1 Partner's Share of Income (Form NJ-1065) Citation: https://library.partnertax.ai/us-nj/forms/schedule-njk-1#schedule-njk-1-state-of-new-jersey","CBT-100 CBT-100 is the Corporation Business Tax Return form that C corporations file in New Jersey for the 2025 tax year for accounting periods ending on and after July 31, 2025, through June 30, 2026. Citation: https://library.partnertax.ai/us-nj/forms/cbt-100?c=1#2025-accounting-periods-and-due-dates","9% For C corporations (non-S corporations) with taxable net income greater than $100,000, the top graduated corporate tax rate is 9%, applied to entire net income or the portion allocable to New Jersey. Citation: https://library.partnertax.ai/us-nj/forms/cbt-100?c=1#line-2a-amount-of-tax","May 15 For C corporations filing the CBT-100 (Corporation Business Tax Return), New Jersey requires returns and payments to be filed on this date, with adjustment to the following business day if the due date falls on a weekend or legal holiday. For calendar-year filers with a December 31 year-end, the federal return is due April 15, making the New Jersey due date May 15. Citation: https://library.partnertax.ai/us-nj/forms/cbt-100?c=1#2025-accounting-periods-and-due-dates","Based on New Jersey gross receipts: Less than $100,000 = $500; $100,000 or more but less than $250,000 = $750; $250,000 or more but less than $500,000 = $1,000; $500,000 or more but less than $1,000,000 = $1,500; $1,000,000 or more = $2,000. For affiliated or controlled groups with total payroll of $5,000,000 or more: $2,000. For combined groups: $2,000 per taxable member (Form CBT-100) New Jersey imposes a minimum franchise tax on C corporations based on New Jersey gross receipts, ranging from $500 for receipts under $100,000 to $2,000 for receipts of $1,000,000 or more. For corporations that are members of an affiliated or controlled group with total payroll of $5,000,000 or more, the minimum is $2,000 regardless of gross receipts. For privilege periods ending on and after July 31, 2019, each taxable member of a combined group filing a mandatory or elective combined return must pay a minimum tax of $2,000 for the group privilege period. Citation: https://library.partnertax.ai/us-nj/forms/cbt-100?c=1#page-1-line-by-line-instructions","Single sales factor 100% of the sales fraction for privilege periods beginning on or after January 1, 2014. maintainer-verified citation (admin drawer offline); grounded in already-ingested library text Citation: https://library.partnertax.ai/us-nj/stat/54_10A-6#preamble","Combined reporting New Jersey requires combined reporting for unitary groups. The state offers three filing method options: water's-edge group (default), world-wide group election, or affiliated group election. Citation: https://library.partnertax.ai/us-nj/forms/cbt-100u#when-to-file","20-year carryforward, no carryback New Jersey allows net operating losses to be carried forward for 20 privilege periods with no carryback allowed. For losses generated in privilege periods ending on and after July 31, 2023, an 80% deduction limitation applies: NOLs generated after July 31, 2023 can only be deducted up to 80% of taxable income in any year, though NOLs generated before August 1, 2023 are not subject to this cap. Citation: https://library.partnertax.ai/us-nj/forms/cbt-100?c=1#pnol-deductions","the 15th day of the 4th, 6th, 9th, and 12th months of the tax year For C corporations with 2025 total tax liability greater than $1,500, New Jersey requires installment payments on Form CBT-150 due on or before the 15th day of the 4th, 6th, 9th, and 12th months of the tax year. Corporations with gross receipts of $50,000,000 or more must make installment payments on the 15th day of the 4th, 6th, and 12th months only. Citation: https://library.partnertax.ai/us-nj/forms/cbt-100?c=1#line-7-installment-payment","October 15 Extension is automatic only if the corporation has paid at least 90% of the tax liability and timely filed Form CBT-200-T. Extension applies only to filing, not to payment of tax due. Citation: https://library.partnertax.ai/us-nj/forms/cbt-100#when-to-file","NJ-1040 Form NJ-1040 is the Resident Income Tax Return that resident individuals file for the tax year. The evidence identifies it as 'Instructions for Form NJ-1040 — Resident Income Tax Return' and contains the 2025 NJ-1040 Tax Table used by residents to calculate their tax liability. Citation: https://library.partnertax.ai/us-nj/forms/nj-1040?c=1#new-jersey-online-filing","10.75% (top bracket rate) Top marginal rate on income over $1,000,000. maintainer-verified citation (admin drawer offline); grounded in already-ingested library text Citation: https://library.partnertax.ai/us-nj/stat/54A_2-1#6","April 15 For calendar year filers. Fiscal year filers must file by the 15th day of the fourth month following the close of the fiscal year. Citation: https://library.partnertax.ai/us-nj/forms/nj-1040#when-to-file","October 15 Extension requires payment of at least 80% of tax liability by the original due date and filing of Form NJ-630 or enclosing a copy of the federal extension application. Citation: https://library.partnertax.ai/us-nj/forms/nj-1040#when-to-file","April 15, June 15, September 15, January 15 N.J.S.A. § 54A:8-5(a)(1) establishes that when an individual files a declaration of estimated tax on or before April 15 of the taxable year, the estimated tax shall be paid in four equal installments on these dates: at the time of filing (April 15), June 15, September 15, and January 15. The statute provides different payment schedules depending on when the declaration is filed, but the four-installment schedule applies to declarations filed by April 15. Citation: https://library.partnertax.ai/us-nj/stat/54A_8-5.?c=1#1","None (no universal standard deduction; exemption-based system) New Jersey uses a personal exemption system rather than a universal standard deduction. Under N.J.S.A. § 54A:3-1, each taxpayer is allowed a personal exemption of $1,000 and additional exemptions based on filing status, dependents, age, and disability status. The statute at N.J.S.A. § 54:8A-9 establishes an optional standard deduction computed as a percentage of gross income or a fixed dollar amount (whichever is less), but this is an election in lieu of itemized deductions, not a universal standard deduction amount that applies uniformly to all single filers for the tax year. Citation: https://library.partnertax.ai/us-nj/stat/54A_3-1#a","Over $1,000,000.00 This is the threshold at which the top marginal rate of 10.750% begins for single filers in New Jersey for tax year 2025. Citation: https://library.partnertax.ai/us-nj/stat/54A_2-1#7","Form NJ-1040NR Form NJ-1040NR is the Nonresident Income Tax Return filed by nonresident individuals in New Jersey. The evidence also references Form NJ-1080-C as a Nonresident Composite Income Tax Return for qualified nonresident individuals who are members of specified entities, but the primary individual nonresident form is NJ-1040NR. Citation: https://library.partnertax.ai/us-nj/forms/nj-1040nr?c=1#nj-residency-status" NM,New Mexico,"Form PTE Partnerships filing in New Mexico must file the New Mexico Pass-Through Entities Tax Return (Form PTE). This applies to entities treated as partnerships for federal income tax purposes, including partnerships, joint ventures, limited liability companies, and similar business associations. Citation: https://library.partnertax.ai/us-nm/forms/pte-instructions#who-must-file","March 16 New Mexico requires partnerships to file a PTE (Pass-Through Entities Tax Return) Form PTE. The due date is tied to the federal partnership return due date, whether the entity uses a calendar year or fiscal year. Citation: https://library.partnertax.ai/us-nm/forms/pte-instructions#who-must-file","5.9% New Mexico allows pass-through entities to elect to file and pay entity-level tax on behalf of their owners under Section 7-3A-10 NMSA 1978. The entity-level tax rate is 5.9%, applied to distributed net income subject to entity-level tax. Citation: https://library.partnertax.ai/us-nm/forms/pte-instructions?c=1#error-on-original","With the timely filed return Under Section 7-3A-10 NMSA 1978, a PTE makes the election to file and pay entity-level tax on an annual basis on the PTE return itself. The election is binding on all members of the PTE. Citation: https://library.partnertax.ai/us-nm/forms/pte-instructions?c=1#election-to-file-and-pay-entity-level-tax","5.9% on distributions to nonresident partners' allocable net income; withholding can be waived by partner agreement (RPD-41353) or composite return filing New Mexico requires withholding at 5.9% from nonresident partners' distributive shares of allocable net income under the Oil and Gas Proceeds and Pass-Through Entity Withholding Tax Act (Sections 7-3A-1 through 7-3A-10 NMSA 1978). Withholding is not required if the PTE is filing a composite return or if the PTE and nonresident owner have executed an agreement (RPD-41353) in which the owner agrees to report and pay the tax due on the owner's share of allocable net income. Citation: https://library.partnertax.ai/us-nm/forms/fid-1-instructions?c=1#section-2-computation-of-withholding-tax","Yes, elective (Form RPD-41359) NMSA 1978, § 7-3-14 permits a pass-through entity to file a composite income tax return on behalf of electing nonresident members. The election is made by the nonresident member and is not mandatory. Form RPD-41359 (Annual Statement of Pass-Through Entity Withholding) is used to report composite tax paid on behalf of the owner. Citation: https://library.partnertax.ai/us-nm/stat/7-3-14?c=1#B",—,"Automatic federal extension accepted; if no federal extension obtained, must request New Mexico extension by original due date using Form RPD-41096 New Mexico accepts an automatic federal extension if a copy accompanies the PTE return at filing. If the entity needs an extension but has not obtained a federal extension, or needs additional time beyond the federal extension date, it must request an extension by letter or by filing Form RPD-41096 on or before the original due date of the return. An extension does not extend the time to pay tax due; interest continues to accrue. Citation: https://library.partnertax.ai/us-nm/forms/pte-instructions#who-must-file","None (no state K-1) New Mexico does not have a form equivalent to Schedule K-1. Each partnership, S corporation, estate, trust, or similar pass-through entity usually provides a statement or report showing the correct allocation, apportionment, and distribution of income to members, partners, shareholders, or beneficiaries for their records. Citation: https://library.partnertax.ai/us-nm/forms/pit-b-instructions?c=1#new-mexico","CIT-1 C corporations file the CIT-1 Corporate Income and Franchise Tax Return for New Mexico corporate income and franchise tax purposes. Citation: https://library.partnertax.ai/us-nm/forms/cit-1-instructions#preamble","5.9% Flat rate on taxable income under Section 7-2A-3 NMSA 1978. maintainer-verified citation (admin drawer offline); grounded in already-ingested library text Citation: https://library.partnertax.ai/us-nm/stat/7-2A-5","April 15 The 2025 CIT-1 Instructions state that for C corporations filing on a calendar year basis, the due date is April 15, 2026, which corresponds to April 15 for calendar-year filers under the regular (non-extended) filing deadline. Citation: https://library.partnertax.ai/us-nm/forms/cit-1-instructions?c=1#due-dates-2","$50 franchise tax (CIT-1) The $50 franchise tax is due for each tax year, including short years, and may not be prorated based on a short-year return. This applies to all corporations engaging in business in New Mexico or exercising corporate franchise in the state, whether actively engaged in business or not. Citation: https://library.partnertax.ai/us-nm/forms/cit-1-instructions?c=1#about-tax-credits-and-backup-documents","Three-factor (property, payroll, and sales), evenly weighted; with elective single-weighted sales factor alternatives for qualifying manufacturers and headquarters operations New Mexico uses an evenly weighted three-factor apportionment formula with property, payroll, and sales as the three factors. The formula applies to all taxpayers except: (1) qualifying manufacturers who may elect a single-weighted sales factor formula, (2) taxpayers whose principal business activity is a headquarters operation who may elect a single-weighted sales factor formula, or (3) taxpayers allowed or required to eliminate one or more factors because the three-factor formula does not fairly represent the extent of their business activity in New Mexico. Citation: https://library.partnertax.ai/us-nm/forms/fid-1-instructions?c=1#three-factor-apportionment-formula","Mandatory unitary combined reporting A unitary group of corporations must file a return properly reporting and paying tax on the worldwide apportioned income of the unitary group unless the group properly elects to report and pay tax on taxable income as a water's-edge or consolidated group. Citation: https://library.partnertax.ai/us-nm/forms/cit-1-instructions?c=1#line-d-required-the-corporation-s-5-digit-or-6-digit","19-year carryforward, no carryback, limited to 80% of apportioned net income New Mexico conforms to federal NOL rules as of January 1, 2018. For corporations, NOLs may be carried forward for 19 years (if incurred on or after January 1, 2013) but cannot be carried back. The deduction is limited to 80% of the taxpayer's apportioned net income in the year taken. Citation: https://library.partnertax.ai/us-nm/forms/cit-1-instructions?c=1#deductions-not-allowable","April 15, June 15, September 15, January 15 For calendar year C corporation taxpayers filing the CIT-1 (Corporate Income and Franchise Tax Return), four equal estimated tax installments are due on these dates. Evidence e1 states the general rule applies to calendar year taxpayers, and evidence e13 confirms the CIT-1 Estimated Tax Payment Chart shows these same dates for corporations with December year-end. Citation: https://library.partnertax.ai/us-nm/forms/fid-1-instructions?c=1#ment-payments-and-when-are-they-due","Federal extension accepted (attach the federal extension to CIT-1) maintainer-verified citation (admin drawer offline); grounded in already-ingested library text Citation: https://library.partnertax.ai/us-nm/forms/cit-1-instructions#required","PIT-1 The PIT-1 is the primary state personal income tax return form for resident individuals in New Mexico for tax year 2025. Citation: https://library.partnertax.ai/us-nm/forms/pit-1-instructions#when-and-where-to-file","5.9% (top bracket rate) New Mexico uses graduated tax brackets for individuals. The highest marginal rate of 5.9% applies to income over $210,000 for tax year 2025. Citation: https://library.partnertax.ai/us-nm/forms/fid-1-instructions#line-instructions","April 15 For fiscal year taxpayers, the due date is the 15th day of the fourth month following the close of the fiscal year. If the due date falls on a Saturday, Sunday, or a state or national legal holiday, the return is timely when the postmark bears the date of the next business day. Citation: https://library.partnertax.ai/us-nm/forms/pit-1-instructions#when-and-where-to-file","October 15 Automatic six-month extension. New Mexico recognizes and accepts an IRS automatic six-month extension of time to file. An extension of time to file does not extend the time to pay; interest continues to accrue. Citation: https://library.partnertax.ai/us-nm/forms/pit-1-instructions#when-and-where-to-file","April 15, June 15, September 15, January 15 For calendar year individual taxpayers, four equal installments of estimated income tax are due on or before the 15th day of the fourth, sixth, and ninth months of the tax year and the first month following the tax year. Citation: https://library.partnertax.ai/us-nm/forms/fid-1-instructions?c=1#ment-payments-and-when-are-they-due","Federal standard deduction (state conforms to federal Form 1040 or 1040SR) New Mexico PIT-1 instructions direct taxpayers to enter the allowable federal standard deduction from federal Form 1040 or 1040SR, line 12, if they did not itemize deductions on their 2025 federal return. The state does not set its own standard deduction amount; it conforms to the federal standard deduction. Citation: https://library.partnertax.ai/us-nm/forms/pit-1-instructions?c=1#line-12-federal-standard-or-itemized-deduction","over $210,000 For taxable years beginning on or after January 1, 2025, the top marginal rate of 5.9% applies to taxable income over $210,000 for a single filer, as shown in the 2025 tax rate table. Citation: https://library.partnertax.ai/us-nm/forms/fid-1-instructions?c=1#2025-tax-rate-table","PIT-1 New Mexico nonresidents and part-year residents file the PIT-1 Personal Income Tax Return form, the same form used by residents, with residency status marked in boxes 1e and 2e as 'N' for non-resident or 'P' for part-year resident. Citation: https://library.partnertax.ai/us-nm/forms/pit-1-instructions?c=1#residency-status" NY,New York,"Form IT-204 Form IT-204 is the Partnership Return that partnerships with New York source income must complete and file, and partnerships with resident partners but no New York source income must also file (with limited exceptions). Citation: https://library.partnertax.ai/us-ny/forms/it-204?c=1#specific-instructions","March 16 Calendar year 2025 returns are due March 16, 2026 (the 15th falls on a Sunday). Citation: https://library.partnertax.ai/us-ny/forms/it-204-ll#preamble","6.85%, 9.65%, 10.30%, or 10.90% (graduated rates based on pass-through entity taxable income) New York Tax Law § 862 imposes a tax on pass-through entity taxable income of every electing partnership using a graduated rate schedule: 6.85% on income not over $2,000,000; 9.65% on the excess over $2,000,000 up to $5,000,000; 10.30% on the excess over $5,000,000 up to $25,000,000; and 10.90% on the excess over $25,000,000. This is the state PTE tax (Article 24-A); a separate city PTE tax at 3.876% is also available under Article 24-B. Citation: https://library.partnertax.ai/us-ny/tax/862?c=1","on or before the due date of the first estimated payment under section eight hundred sixty-four New York Tax Law § 861(c) specifies that the annual PTE election must be made on or before the due date of the first estimated payment under section 864. The election takes effect for the current taxable year and becomes irrevocable after that due date. Citation: https://library.partnertax.ai/us-ny/tax/861#c","Required on nonresident partners' distributive shares of New York source income, calculated at the highest rate of tax prescribed by section 601 of the Tax Law for the taxable year (rate not stated in retrieved instructions) N.Y. Tax Law § 658(4)(A) requires that every partnership with nonresident individual partners and New York source income 'shall pay estimated tax on such income on behalf of such partners, members or shareholders' where 'estimated tax' is defined as 'a partner's, member's or shareholder's distributive share or pro rata share of the entity income derived from New York sources, multiplied by the highest rate of tax prescribed by section six hundred one of this article for the taxable year of any partner, member or shareholder who is an individual taxpayer.' Citation: https://library.partnertax.ai/us-ny/tax/658?c=1#4","Yes, elective (Form IT-203-GR) New York allows partnerships to file a group return on behalf of nonresident partners. Form IT-203-GR is the Group Return for Nonresident Partners, and a partnership that has received approval to file this return may also elect to make group estimated income tax payment installments on behalf of its qualified electing partners, indicating the filing is elective rather than mandatory. Citation: https://library.partnertax.ai/us-ny/forms/it-203-gr?c=1#estimated-income-tax-payments","$25 minimum; income-based fee schedule from $25 to $4,500 (Form IT-204-LL) New York imposes a filing fee on LLCs and LLPs based on New York source gross income, with a minimum of $25. For LLCs and LLPs with $0–$100,000 in New York source gross income, the fee is $25; $100,001–$250,000 is $50; $250,001–$500,000 is $175; $500,001–$1,000,000 is $500; $1,000,001–$5,000,000 is $1,500; $5,000,001–$25,000,000 is $3,000; and over $25,000,000 is $4,500. Regular partnerships with less than $1,000,000 in New York source gross income are exempt from the filing fee. The fee is paid with Form IT-204-LL. Citation: https://library.partnertax.ai/us-ny/forms/it-204-ll?c=1#line-5-nys-filing-fee","September 15 The extension is automatic when requested by the original due date. For calendar year 2025 returns with original due date March 16, 2026, the extended deadline is September 15, 2026. For fiscal-year returns, the extension runs six months from the original due date (15th day of the third month after tax year end). Citation: https://library.partnertax.ai/us-ny/forms/it-204#when-to-file","IT-204-IP New York Partner's Schedule K-1 for individual partners; IT-204-CP for corporate partners Citation: https://library.partnertax.ai/us-ny/forms/it-204#preamble","Form CT-3 Form CT-3 is the General Business Corporation Franchise Tax Return filed by C corporations subject to tax under Article 9-A. Form CT-3-A (General Business Corporation Combined Franchise Tax Return) is also available for combined groups. Form CT-3-S is for S corporations. Citation: https://library.partnertax.ai/us-ny/forms/ct-3#instructions-for-form-ct-3","6.5% For tax year 2025, New York imposes a franchise tax on C corporations (general business taxpayers) under Article 9-A. The rate applies to business income base and is the top rate for corporations not qualifying for preferential rates. Citation: https://library.partnertax.ai/us-ny/forms/ct-3?c=1#tax-rates-schedule","April 15 For calendar year filers, the return is due on or before April 15. If the filing date falls on a Saturday, Sunday, or legal holiday, the return must be filed on or before the next business day. Citation: https://library.partnertax.ai/us-ny/forms/ct-3#when-to-file","Varies by New York receipts: $25 (not more than $100,000) to $200,000 (over $1,000,000,000) (Form CT-3) New York imposes a fixed dollar minimum franchise tax on C corporations that varies by receipts bracket. For general business corporations with New York receipts not more than $100,000, the minimum is $25; the minimum increases through graduated brackets up to $200,000 for receipts over $1,000,000,000. Qualified New York manufacturers and qualified emerging technology companies pay lower minimums ($19–$3,375). Non-captive REITs and RICs pay $25–$500. The minimum is determined by the corporation's New York receipts and is reported on Form CT-3 (General Business Corporation Franchise Tax Return) or Form CT-3-A (Combined Franchise Tax Return). Citation: https://library.partnertax.ai/us-ny/tax/210?c=1#2","Single sales factor (receipts) New York apportions multistate corporate income using a single sales factor based on receipts. The apportionment factor is a fraction where the numerator includes receipts from sales of tangible personal property, electricity, real property, and other business receipts sourced to New York State, and the denominator includes all such receipts everywhere. Citation: https://library.partnertax.ai/us-ny/tax/210-A#preamble","Mandatory unitary combined reporting New York requires affiliated corporations conducting a unitary business and meeting ownership requirements to file Form CT-3-A, General Business Corporation Combined Franchise Tax Return. The evidence identifies a unitary business requirement and describes corporations that 'must file' combined returns under specified conditions, establishing a mandatory regime for qualifying unitary groups. Citation: https://library.partnertax.ai/us-ny/forms/ct-3-a?c=1#corporate-tax-filing-requirements","3-year carryback, 20-year carryforward; carryforward limited to amount reducing tax to higher of tax on capital base or fixed dollar minimum New York Tax Law § 210(a)(ix) establishes the NOL regime for C corporations under Article 9-A (Franchise Tax on Business Corporations). Losses may be carried back three taxable years and carried forward twenty taxable years. The maximum NOL deduction allowed in any taxable year is limited: ""The maximum net operating loss deduction that is allowed in a taxable year is the amount that reduces the taxpayer's tax on the apportioned business income base to the higher of the tax on the capital base or the fixed dollar minimum."" Carryback is not permitted to taxable years beginning before January 1, 2015, and losses incurred before January 1, 2015 are excluded from the deduction. Citation: https://library.partnertax.ai/us-ny/tax/210?c=1#E","One of such installments shall be paid at the time of the filing of the declaration, one shall be paid on the following September fifteenth, and one on the following December fifteenth. New York Tax Law § 213-B applies to Article 9-A (Franchise Tax On Business Corporations). For calendar-year filers filing declarations on or before June 15, estimated tax is paid in three equal installments. The statute states the payment schedule relative to the taxable year as requested in the extraction instruction. Citation: https://library.partnertax.ai/us-ny/tax/213-B#1","October 15 Extension is automatic upon filing Form CT-5 or CT-5.3 and paying properly estimated tax by the original due date. Up to two additional extensions may be requested by filing Form CT-5.1. Citation: https://library.partnertax.ai/us-ny/forms/ct-3#when-to-file","Form IT-201 Form IT-201 is the Resident Income Tax Return for New York State resident individuals filing for the 2025 tax year. Citation: https://library.partnertax.ai/us-ny/forms/it-201?c=1#april-15-2026","10.90% (top bracket rate) For taxable years beginning after 2025 and before 2027, New York imposes graduated tax rates on resident individuals, with the highest marginal rate of 10.90% applying to New York taxable income over $25,000,000. Citation: https://library.partnertax.ai/us-ny/tax/601?c=1#B","April 15 The IT-201 instructions for the 2025 New York State resident income tax return establish April 15, 2026 as the date by which the return must be filed and any tax paid without interest or penalty. Citation: https://library.partnertax.ai/us-ny/forms/it-201?c=1#april-15-2026","October 15 The extension is automatic and is obtained by filing Form IT-370, Application for Automatic Six-Month Extension of Time to File for Individuals, along with payment for any tax due, on or before the original due date of April 15, 2026. Citation: https://library.partnertax.ai/us-ny/forms/it-201#where-to-file","April 15, June 15, September 15, January 15 These are the due dates for 2026 estimated tax payments for New York residents. The evidence states that generally, an individual must pay estimated tax if they expect to owe at least $300 of New York State or New York City or Yonkers income tax after deducting tax withheld and credits, or any amount of metropolitan commuter transportation mobility tax. The statute confirms four required installments for each taxable year due on these dates. Citation: https://library.partnertax.ai/us-ny/forms/it-201?c=1#april-15-2026-june-15-2026-september-15-2026-january-15-2027","$8,000 (single filers without retirement benefits in AGI) Form IT-201 instructions for 2025 tax year show a standard deduction table with two amounts for single filers: $3,100 for those marked item C Yes, and $8,000 for those marked item C No. The $8,000 amount applies to single filers without the retirement income exclusion (item C No). Citation: https://library.partnertax.ai/us-ny/forms/it-201?c=1#form-it-196-new-york-resident-nonresident-and-part-year","Over $25,000,000 For taxable years beginning after two thousand twenty-five and before two thousand twenty-seven, the top marginal rate of 10.90% applies to single filers with New York taxable income over $25,000,000. Citation: https://library.partnertax.ai/us-ny/tax/601?c=1#B","Form IT-203 Form IT-203 is the Nonresident and Part-Year Resident Income Tax Return filed by nonresidents or part-year residents of New York State who received income from New York sources in 2025. Citation: https://library.partnertax.ai/us-ny/forms/it-203?c=1#april-15-2026" NC,North Carolina,"Form D-403 A partnership required to file a North Carolina tax return must file Form D-403, using the same tax year the partnership used for federal income tax purposes. Citation: https://library.partnertax.ai/us-nc/forms/d-403a?c=1#partnership-file","April 15 17 NCAC 06B .3503(a) establishes the filing deadline for North Carolina partnership returns (Form D-403) as April 15 for calendar-year partnerships or the 15th day of the fourth month following the fiscal year end for fiscal-year partnerships. Citation: https://library.partnertax.ai/us-nc/regs/17-06b-3503?c=1#a","4.25% North Carolina partnerships that elect to be a Taxed Partnership pay income tax at the entity level at the same rate as individuals. Citation: https://library.partnertax.ai/us-nc/forms/d-403a#tax-assistance","With the timely filed Form D-403 A partnership makes the Taxed Partnership (PTE) election by filling in a circle on page 1 of Form D-403, and the election must be made on the timely filed return; a partnership cannot make the election if Form D-403 is filed after the due date of the return, including extensions. Citation: https://library.partnertax.ai/us-nc/forms/d-403a?c=1#demographic-and-other-taxpayer-information","4.25% on nonresident partners' distributive share of North Carolina income Withholding can be waived if the nonresident partner completes Form NC-NPA (Nonresident Partner Affirmation). Partnerships that elect to be a Taxed Partnership are required to pay tax on behalf of nonresident partners classified as corporations or partnerships unless the partner completes Form NC-NPA. Citation: https://library.partnertax.ai/us-nc/forms/d-403a#tax-assistance","Yes, required (Form D-403) North Carolina requires partnerships to pay tax on behalf of nonresident partners. A partnership that did not make the election to be a Taxed Partnership is required to pay tax due on behalf of all of its nonresident partners unless the partner completes Form NC-NPA; a Taxed Partnership is required to pay tax due on behalf of all nonresident partners classified as a corporation or a partnership unless the partner completes Form NC-NPA. The partnership reports this on Form D-403, the North Carolina partnership income tax return. Citation: https://library.partnertax.ai/us-nc/forms/d-403a?c=1#c-tax-computation-for-nonresident-partners","None (no entity-level tax; informational return only) North Carolina does not impose an annual fee, fixed tax, or minimum tax on partnerships at the entity level. Partnerships file Form D-403 as an informational return to report income and each partner's distributive share. The tax is imposed on individual partners, not the partnership itself, unless the partnership elects to be taxed as a 'Taxed Partnership' under G.S. 105-154.1, in which case the partnership pays tax on behalf of certain nonresident partners at the individual income tax rate of 4.25%. Citation: https://library.partnertax.ai/us-nc/forms/d-403a?c=1#partnership-file","seven months from the original due date of the return For tax years beginning on or after January 1, 2025, North Carolina grants an extension of seven months from the original due date. The extension may be automatic (if the partnership receives a federal extension and certifies it on Form D-403) or requested by filing Form D-410P by the original due date. Citation: https://library.partnertax.ai/us-nc/regs/17-05c-2004?c=1#2-2","Form NC K-1 North Carolina partnerships must provide Form NC K-1 to each partner to report that partner's distributive share of partnership income, adjustments, and tax credits. A supplemental schedule (Form NC K-1 Supplemental Schedule) is also required when North Carolina adjustments are reported. Citation: https://library.partnertax.ai/us-nc/regs/17-06b-3503#b","Form CD-405 Form CD-405 is the C Corporation Tax Return filed by C corporations in North Carolina for tax year 2025. The instructions state 'File the 2025 return for calendar year 2025 and fiscal years that begin in 2025' using this form. Citation: https://library.partnertax.ai/us-nc/forms/cd-405?c=1#north-carolina-political-organizations","2.25% N.C. Gen. Stat. § 105-130.3 imposes a tax on the State net income of every C Corporation at 2.25% for taxable years beginning in 2025. Citation: https://library.partnertax.ai/us-nc/stat/105-130.3?c=1","April 15 N.C. Gen. Stat. § 105-130.17(b) establishes the regular due date for C corporation income tax returns as the 15th day of the fourth month following the close of the income year, which for calendar-year filers equals April 15. Citation: https://library.partnertax.ai/us-nc/stat/105-130.17?c=1#b","$200.00 minimum franchise tax (Form CD-405) For C corporations, North Carolina imposes a franchise tax with a minimum of $200.00 regardless of net worth, as stated in the C Corporation Tax Return Instructions (Form CD-405). The franchise tax is computed at $1.50 per $1,000 of the first $1,000,000 of net worth (with a maximum of $500 for that bracket), plus $1.50 per $1,000 on amounts exceeding $1,000,000, but the tax cannot be less than $200.00. Citation: https://library.partnertax.ai/us-nc/forms/cd-405?c=1#north-carolina-political-organizations","Single sales factor North Carolina uses a single sales factor apportionment formula for general corporations. Special apportionment formulas apply to certain types of businesses including banks, wholesale content distributors, electric power companies, pipeline companies, air and water transportation companies, railroads, and motor carriers. Citation: https://library.partnertax.ai/us-nc/forms/cd-405#north-carolina-taxable-income-for-tax-year-2025-unless-north","Combined income tax return only if specifically directed in writing by the Secretary of Revenue North Carolina generally requires separate-entity filing. Combined income tax returns are permitted only when the Secretary of Revenue specifically directs in writing. Separate franchise tax returns must still be filed for each corporation even when filing a combined income tax return. Citation: https://library.partnertax.ai/us-nc/forms/cd-405-cw#where-to-file","15-year carryforward for Federal NOL Carryovers, indefinite carryforward for NC NOL Carryovers, no carryback, no deduction cap Federal NOL Carryovers are limited to losses incurred in the preceding 15 taxable years. NC NOL Carryovers have no stated expiration period. Total NOL deduction cannot exceed NC taxable income for the year (determined without the NOL deduction). Federal NOL Carryovers must be fully utilized before deducting NC NOL Carryovers. Citation: https://library.partnertax.ai/us-nc/forms/nc-nol#part-2a-federal-net-operating-loss-carryovers","the 15th day of the 4th, 6th, 9th and 12th months of the taxable year N.C. Gen. Stat. § 105-163.40(a)(1) establishes that if a corporation's estimated tax equals or exceeds $500 before the 1st day of the 4th month of the taxable year, the corporation must pay estimated tax in four equal installments on or before the 15th day of the 4th, 6th, 9th and 12th months of the taxable year. This is the standard schedule for calendar-year filers whose estimated tax is determined early in the year. Citation: https://library.partnertax.ai/us-nc/stat/105-163.40?c=1#1","November 16 Automatic extension granted if taxpayer receives automatic federal extension and fills in the Federal Extension circle on Form CD-405. Citation: https://library.partnertax.ai/us-nc/forms/cd-405#north-carolina-political-organizations","Form D-400 North Carolina resident individuals required to file a state income tax return must file Form D-400, as stated in the instructions: ""All individuals (including part-year residents and nonresidents) required to file a North Carolina individual income tax return must file Form D-400, using the same tax year you used for federal income tax purposes."" Citation: https://library.partnertax.ai/us-nc/forms/d-401?c=1#should-i-file","4.25% (flat rate) North Carolina imposes a flat individual income tax rate of 4.25% on North Carolina taxable income for tax year 2025, as stated in the statute N.C. Gen. Stat. § 105-153.7 and confirmed in the D-401 Individual Income Tax Instructions. Citation: https://library.partnertax.ai/us-nc/forms/d-401?c=1#what-is-the-tax-rate","April 15 For calendar year taxpayers filing the 2025 return, the due date is April 15th, 2026. For fiscal year taxpayers, the return is due on the 15th day of the 4th month following the end of the taxable year. These are the regular (non-extended) due dates for North Carolina individual income tax returns. Citation: https://library.partnertax.ai/us-nc/forms/d-401?c=1#when-must-i-file","October 15 North Carolina grants an automatic state extension to file the individual income tax return when a taxpayer receives an automatic federal extension, by certifying the federal extension on Form D-400. The federal extension deadline is October 15, which is six months from the April 15 original due date. Citation: https://library.partnertax.ai/us-nc/forms/d-401?c=1#extension-to-file","April 15, June 15, September 15, January 15 North Carolina requires four quarterly estimated income tax installment payments for individuals: First installment on April 15 of the taxable year; Second installment on June 15 of the taxable year; Third installment on September 15 of the taxable year; and Fourth installment on January 15 of the following taxable year. Citation: https://library.partnertax.ai/us-nc/stat/105-163.15?c=1#c","$12,750 N.C. Gen. Stat. § 105-153.5(a)(1) establishes the standard deduction for a single filer at $12,750 for tax year 2025. Form D-401 instructions confirm this amount in the NC Standard Deduction Chart. Citation: https://library.partnertax.ai/us-nc/stat/105-153.5?c=1#a","Flat rate (applies to all taxable income) North Carolina imposes a single flat individual income tax rate of 4.25% for tax year 2025, which applies to all North Carolina taxable income without brackets or thresholds. Citation: https://library.partnertax.ai/us-nc/forms/d-401?c=1#what-is-the-tax-rate","Form D-400 with Form D-400 Schedule PN Nonresident and part-year resident individuals must file Form D-400 (the resident individual income tax return) and complete Form D-400 Schedule PN (2025 Part-Year Resident and Nonresident Schedule) to determine what percent of total income is subject to North Carolina tax. Citation: https://library.partnertax.ai/us-nc/forms/d-401?c=1#should-i-file" ND,North Dakota,"Form 58 North Dakota partnerships that are required to file a federal Form 1065 and carry on business or derive gross income from sources in North Dakota must file Form 58, Partnership Income Tax Return. LLCs classified as partnerships for federal income tax purposes are treated like partnerships for North Dakota income tax purposes and must file Form 58 if they meet the filing conditions. Citation: https://library.partnertax.ai/us-nd/forms/partnership-income-tax-booklet?c=1#who-must-file","April 15 If the due date falls on a Saturday, Sunday, or holiday, the return may be filed on or before the next day that is not a Saturday, Sunday, or holiday. Citation: https://library.partnertax.ai/us-nd/forms/partnership-income-tax-booklet?c=1#when-and-where-to-file",—,—,"2.50% on the year-end distributive share of North Dakota income of nonresident partners. Withholding can be waived if the distributive share is less than $1,000, if the nonresident partner elects to include the distributive share in a composite filing, or if the nonresident partner provides a completed Form PWA or Form PWE. Withholding is required on the year-end distributive share of North Dakota income. No withholding is required if: (1) the distributive share of North Dakota income is less than $1,000; (2) the nonresident partner elects to include the distributive share in a composite filing; or (3) the nonresident partner provides a completed Form PWA (allowing reduced withholding) or Form PWE (exempting from withholding). Composite filing is an optional alternative method where the partnership calculates and pays tax at the highest individual income tax rate (2.50% for 2025) on behalf of eligible nonresident partners. Citation: https://library.partnertax.ai/us-nd/forms/partnership-income-tax-booklet?c=1#penalty-and-interest","Yes, elective (Form 58) A partnership may elect to file a composite return on behalf of eligible nonresident partners. The composite filing method is optional and does not require prior approval. Each nonresident partner must elect to be included. The tax is calculated at the highest individual income tax rate (2.50% for 2025 tax year) with no adjustments, deductions, or credits allowed. Citation: https://library.partnertax.ai/us-nd/forms/partnership-income-tax-booklet?c=1#composite-filing","None (no entity-level tax; informational return only) N.D.C.C. § 57-38-08 states that partnerships are not subject to tax at the entity level; instead, partners are taxed on their respective shares of partnership income. North Dakota requires partnerships to file Form 58 (Partnership Income Tax Return) as an informational return to report income allocation to partners, but no annual fee or minimum tax is imposed on the partnership itself. Citation: https://library.partnertax.ai/us-nd/stat/57-38-08?c=1#preamble","September 15 North Dakota accepts federal extensions automatically. If no federal extension is obtained, a separate North Dakota extension requires filing Form 101 with good cause; it is not automatic. Citation: https://library.partnertax.ai/us-nd/forms/partnership-income-tax-booklet?c=1#extension-of-time-to-file","North Dakota Schedule K-1 North Dakota requires partnerships to issue Schedule K-1 to each partner reporting that partner's share of income. The partnership return (Form 58) must be accompanied by copies of all North Dakota Schedule K-1 forms. Citation: https://library.partnertax.ai/us-nd/forms/partnership-income-tax-booklet?c=1#penalty-and-interest-2","Form 40 Form 40 is the North Dakota Corporation Income Tax Return filed by C corporations. The evidence identifies Form 40 as the corporate income tax return form for corporations engaged in business or having sources of income from North Dakota. Citation: https://library.partnertax.ai/us-nd/forms/s-corp-income-tax-booklet?c=1#north-dakota-s-corporation-income-tax-return","4.31% North Dakota imposes a graduated corporate income tax on C corporations. The top rate of 4.31% applies to taxable income exceeding fifty thousand dollars under N.D.C.C. § 57-38-30. Citation: https://library.partnertax.ai/us-nd/stat/57-38-30?c=1#3","April 15 For calendar-year filers. Fiscal-year filers must file by the 15th day of the fourth month following the close of the fiscal year. Citation: https://library.partnertax.ai/us-nd/forms/corp-income-tax-booklet?c=1#north-dakota-s-corporation-income-tax",—,"Three-factor (property, payroll, and sales) apportionment, equally weighted The apportionment formula equally weights property, payroll, and sales factors. Each factor represents the percentage of the corporation's North Dakota activity compared to its total activity everywhere. Special apportionment rules may apply for certain industries (railroads, television and radio broadcasting, financial institutions) and in limited circumstances under N.D.C.C. § 57-38.1-18. Citation: https://library.partnertax.ai/us-nd/forms/corp-income-tax-booklet?c=1#schedule-fact-apportionment-factor-in-general","Mandatory unitary combined reporting North Dakota requires corporations that are part of a unitary business group to file using the combined report method. A water's edge election is available as an alternative to worldwide unitary combined reporting, but the default requirement is mandatory combined reporting for unitary groups. Citation: https://library.partnertax.ai/us-nd/forms/corp-income-tax-booklet?c=1#line-1","Carryforward for same number of years as federal loss of like character; no carryback North Dakota NOL must be carried forward for the same number of years as a federal loss of like character (e.g., regular net operating loss, product liability loss, or foreign expropriation loss). No carryback is permitted. The NOL can only be used by the corporation identified by its Federal Employer Identification Number (FEIN) that incurred it. NOL is forfeited in mergers, liquidations, or dissolutions and cannot be transferred to a surviving corporation. Citation: https://library.partnertax.ai/us-nd/regs/81-03-05.1-07?c=1#2","April 15, June 15, September 15, and January 15 For calendar-year C corporation filers. Payments are due on the 15th day of the 4th, 6th, 9th months of the taxable year, and the 15th day of the 1st month of the following taxable year. Fiscal-year filers use the 15th day of the 4th, 6th, and 9th months of the current tax year and the 15th day of the 1st month of the following tax year. Citation: https://library.partnertax.ai/us-nd/regs/81-03-04-01?c=1#6","October 15 For calendar-year C corporations filing Form 40: A federal extension is automatically accepted by North Dakota for the same period plus one additional month (November 15th for calendar-year filers). A separate North Dakota extension requires filing Form 101 prior to the original due date and is not automatic—good cause must be shown. The evidence does not specify the extended due date for a separate North Dakota extension. Citation: https://library.partnertax.ai/us-nd/forms/corp-income-tax-booklet?c=1#north-dakota-taxpayer-access-point","Form ND-1 Primary state personal income tax return form for resident individuals in North Dakota for tax year 2025. Form ND-EZ is also available as a simplified alternative for eligible taxpayers. Citation: https://library.partnertax.ai/us-nd/forms/individual-income-tax-booklet?c=1#social-security-numbers-2","2.50% (top bracket rate) North Dakota uses graduated tax brackets. The top marginal rate of 2.50% applies to income above the highest bracket threshold, which varies by filing status. For example, for single filers in 2025, the 2.50% rate applies to income over $244,825. Citation: https://library.partnertax.ai/us-nd/forms/individual-income-tax-booklet?c=1#2025-tax-rate-schedules","April 15 For calendar year filers. Fiscal year filers must file on or before the 15th day of the fourth month following the close of their fiscal tax year. Citation: https://library.partnertax.ai/us-nd/forms/individual-income-tax-booklet?c=1#when-and-where-to-file","October 15 Federal extension is automatically accepted for North Dakota individual income tax purposes. No separate state extension form or notification to the Office of State Tax Commissioner is required. Citation: https://library.partnertax.ai/us-nd/forms/individual-income-tax-booklet?c=1#federal-extension","April 15, June 15, September 15, January 15 For calendar year filers. Fiscal year filers pay on the 15th day of the 4th, 6th, and 9th months of the tax year, and the 15th day of the 1st month of the following tax year. If any installment due date falls on a Saturday, Sunday, or legal holiday, the installment is not due until the next business day. Farmers may pay the full amount by January 15 instead of in quarterly installments. Citation: https://library.partnertax.ai/us-nd/forms/form-nd-1es?c=1#due-dates","Federal standard deduction (IRC 63(c)) North Dakota conforms to federal taxable income as its starting point for computing state taxable income, and federal changes to standard deductions are by default included in the computation of North Dakota taxable income. Citation: https://library.partnertax.ai/us-nd/forms/individual-income-tax-booklet?c=1#pay","over $244,825 For single filers in tax year 2025, the top marginal rate of 2.50% applies to North Dakota taxable income over $244,825. Citation: https://library.partnertax.ai/us-nd/forms/individual-income-tax-booklet?c=1#2025-tax-rate-schedules","Schedule ND-1NR Nonresident and part-year resident individuals file Schedule ND-1NR with Form ND-1. The schedule is used to calculate the tax on North Dakota source income for those who were nonresidents or part-year residents during the tax year. Citation: https://library.partnertax.ai/us-nd/forms/schedule-nd-1nr?c=1#office-of-state-tax-commissioner" OH,Ohio,"IT 1140 Ohio partnerships file the IT 1140 (Pass-Through Entity & Trust Withholding Tax Return). The evidence shows IT 1140 is used by partnerships for withholding tax reporting. Additionally, partnerships may file IT 4738 (Electing Pass-Through Entity Income Tax Return) if they are electing pass-through entities, and IT 4708 (Pass-Through Entity Composite Income Tax Return) for composite income tax reporting. The primary partnership filing form is IT 1140. Citation: https://library.partnertax.ai/us-oh/forms/it-1140#preamble","April 15 Ohio requires partnerships to file a pass-through entity return. The IT 4708 (Pass-Through Entity Composite Income Tax Return) is the standard partnership return, with a due date of April 15th following the close of the taxable year for entities with a taxable year ending in 2025. Citation: https://library.partnertax.ai/us-oh/forms/it-4708?c=1#how-does-a-pte-determine-its-ohio-taxable-year","3% Ohio offers an elective pass-through entity tax (PTET) filed on Form IT 4738 at a rate of 3% for PTE taxable reporting periods beginning in 2023 and thereafter, applicable to tax year 2025. Citation: https://library.partnertax.ai/us-oh/forms/it-4738?c=1#preamble","With the timely filed return The election is made by timely filing the IT 4738 or the EPTE-ELEC form. The IT 4738 return due date is April 15th of the calendar year after the year in which the entity's fiscal year ends (April 15, 2026 for taxable years ending in 2025). Extensions are available; the extension due date for filing the 2025 IT 4738 is September 15, 2026, provided the EPTE qualifies for an IRS extension. Citation: https://library.partnertax.ai/us-oh/forms/it-4738#filing-tips","3% on distributive shares of nonresident partners' income (IT 1140 withholding return) Ohio requires a PTE to file an IT 1140 withholding return when subject to withholding on distributive shares issued to qualifying investors (nonresident individuals, S corporations, partnerships, trusts, estates, or LLCs taxed as partnerships). The IT 1140 instructions state: 'For reporting periods beginning on or after 1/1/2023, the tax rate is 3%.' This rate applies to the withholding tax calculated on qualifying investors' distributive shares of income. Citation: https://library.partnertax.ai/us-oh/forms/it-1140?c=1#who-should-file-the-it-1140","Yes, elective (Form IT 4708) A PTE can elect to file the IT 4708 composite return on behalf of nonresident individual, trust, and PTE investors. The PTE can include any qualifying investor, other than a C Corporation or other exempt entity, on form IT 4708, including nonresidents. If a nonresident investor's only Ohio-sourced income is included on the IT 4708, the investor is not required to file an Ohio individual income tax return for the tax year. Citation: https://library.partnertax.ai/us-oh/forms/it-4708?c=1#should-the-pte-file-the-it-4708","None (no annual fee stated in the partnership return instructions) The IT 1140, IT 4708, and IT 4738 partnership return instructions set out filing and payment requirements in full but name no fixed annual fee, filing fee, or minimum tax imposed on partnerships or LLCs taxed as partnerships at the entity level. Citation: https://library.partnertax.ai/us-oh/forms/it-1140?c=1#preamble","September 15 Extension is not automatic; Ohio honors the IRS extension. The PTE must qualify for an IRS extension of time to file and include a copy of the IRS extension or IRS acknowledgement, and/or the extension confirmation number if electronically filed. However, if the PTE has a fiscal year end, it may have a different extension due date. An extension of time to file does not extend the time for payment of the tax due; the PTE must make extension payments by April 15, 2026. Citation: https://library.partnertax.ai/us-oh/forms/it-4738#general-instructions","Ohio IT K-1 Ohio issues the IT K-1 to report each partner's proportionate or distributive share of income, adjustments, and credits from a pass-through entity (partnership, LLC taxed as partnership, S corporation, or trust). The form is issued by the PTE to each investor, owner, or beneficiary and must be included when filing the entity's Ohio return. Citation: https://library.partnertax.ai/us-oh/forms/it-4708?c=1#ohio-it-k-1","None (no corporate income tax) Ohio does not impose a corporate income tax. C corporations are subject to the Commercial Activity Tax (CAT) instead, which is a gross-receipts privilege tax, not an income tax. Citation: https://library.partnertax.ai/us-oh/no-tax/corporate-income-tax#summary","None (no corporate income tax) Derived from corporation_filing_form for Ohio, which cites a source stating the jurisdiction imposes no corporation tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-oh/no-tax/corporate-income-tax#summary","None (no corporate income tax) Derived from corporation_filing_form for Ohio, which cites a source stating the jurisdiction imposes no corporation tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-oh/no-tax/corporate-income-tax#summary","None (no corporate income tax; C corporations do not file a corporate return in Ohio) Ohio does not impose a corporate income tax on C corporations. The corporation franchise tax was phased out by Am. Sub. H.B. 66 (2005) and replaced by the Commercial Activity Tax (CAT), which is a gross-receipts privilege tax levied on all persons, not a corporate net-income tax. C corporations file no Ohio return measured by net income and owe no corporate income or franchise tax minimum. Citation: https://library.partnertax.ai/us-oh/no-tax/corporate-income-tax?c=1#summary","None (no corporate income tax) Ohio imposes no corporate net-income tax, so no apportionment formula applies to C corporations. The competing formulas found in evidence both come from pass-through and individual instruments (the IT 1040 booklet's 20/20/60 weighting and the IT 1140 Apportionment Ratio Summary's 70/15/15 schedule) and neither governs a C corporation. The Commercial Activity Tax that replaced the corporation franchise tax is a gross-receipts privilege tax, not a net-income tax, so receipts are sitused to Ohio rather than apportioned by factor formula. Maintainer-verified (admin drawer offline); matches the eight sibling OH corporation cells. Citation: https://library.partnertax.ai/us-oh/no-tax/corporate-income-tax#summary","None (no corporate income tax) Derived from corporation_filing_form for Ohio, which cites a source stating the jurisdiction imposes no corporation tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-oh/no-tax/corporate-income-tax#summary","None (no corporate income tax) Derived from corporation_filing_form for Ohio, which cites a source stating the jurisdiction imposes no corporation tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-oh/no-tax/corporate-income-tax#summary","None (no corporate income tax) Derived from corporation_filing_form for Ohio, which cites a source stating the jurisdiction imposes no corporation tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-oh/no-tax/corporate-income-tax#summary","None (no corporate income tax) Derived from corporation_filing_form for Ohio, which cites a source stating the jurisdiction imposes no corporation tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-oh/no-tax/corporate-income-tax#summary","IT 1040 The IT 1040 is Ohio's primary individual income tax return form for resident individuals. The evidence identifies it as 'Ohio Individual Income Tax Return' and provides comprehensive instructions for completing it for tax year 2025, including line-by-line guidance for calculating Ohio taxable income, exemptions, adjustments, and credits. Citation: https://library.partnertax.ai/us-oh/forms/it-1040-booklet?c=1#preamble","3.125% (top bracket rate) For tax year 2025, Ohio applies graduated tax brackets to individual nonbusiness income, with the highest marginal rate of 3.125% applying to taxable nonbusiness income in excess of $100,000. Citation: https://library.partnertax.ai/us-oh/forms/it-1040-booklet?c=1#ohio-tax-commissioner","April 15 Ohio requires most individual taxpayers to file their IT 1040 return by April 15, 2026 for tax year 2025, as stated in the IT 1040 Booklet instructions. Citation: https://library.partnertax.ai/us-oh/forms/it-1040-booklet?c=1#when-are-my-ohio-returns-due","October 15 Ohio honors the IRS extension for individual income tax returns filed on Form IT 1040. The extended due date for filing is October 15, 2026, provided the taxpayer qualifies for an IRS extension of time to file. Ohio does not have a separate extension request form but accepts a copy of the IRS extension or IRS acknowledgment. An extension of time to file does not extend the time for payment of tax due, which remains April 15, 2026. Citation: https://library.partnertax.ai/us-oh/forms/it-1040-booklet?c=1#when-are-my-ohio-returns-due","April 15, June 15, September 15, January 15 Ohio requires individuals to make quarterly estimated income tax payments if their estimated Ohio tax liability (total tax minus total credits) less Ohio withholding exceeds $500. The four quarterly payment dates for tax year 2026 are specified in the IT 1040 Booklet instructions. Citation: https://library.partnertax.ai/us-oh/forms/it-1040-booklet?c=1#year-2026","None (no universal standard deduction; exemption-based system) Ohio uses a personal and dependent exemption system rather than a universal standard deduction. The exemption amount varies by modified adjusted gross income: $2,400 (MAGI $40,000 or less), $2,150 (MAGI $40,001–$80,000), $1,900 (MAGI $80,001–$749,999), or $0 (MAGI $750,000 or greater). Taxpayers multiply their number of exemptions by the applicable amount based on their MAGI. Citation: https://library.partnertax.ai/us-oh/forms/it-1040-booklet?c=1#line-4-personal-and-dependent-exemptions","over $100,000 For tax year 2025, Ohio individual income tax brackets show the top marginal rate of 3.125% applies to taxable nonbusiness income 'More than $100,000', making $100,000 the threshold where the top bracket begins for a single filer. Citation: https://library.partnertax.ai/us-oh/forms/it-1040-booklet?c=1#line-26-your-refund","IT 1040 with IT NRC schedule Nonresident and part-year resident individuals file the IT 1040 (Ohio Individual Income Tax Return) and must use the IT NRC (Ohio Nonresident Credit Calculation) schedule to calculate the nonresident portion of their Ohio adjusted gross income for the nonresident credit. Citation: https://library.partnertax.ai/us-oh/forms/it-1040-booklet?c=1#it-nrc-ohio-nonresident-credit-calculation" OK,Oklahoma,"Form 514 Oklahoma requires partnerships with Oklahoma source income to file Form 514, the Oklahoma Partnership Income Tax Return, for the calendar year or fiscal year ending on the last day of any month other than December. Citation: https://library.partnertax.ai/us-ok/forms/514-pkt?c=1#general-information","April 15 Oklahoma partnership returns are due 30 days after the federal return due date. This applies to Form 514, the Oklahoma Partnership Income Tax Return. Citation: https://library.partnertax.ai/us-ok/forms/514-pkt?c=1#preamble","4.75% for individuals, trusts, and estates; 4% for corporations, S corporations, and partnerships Oklahoma's elective PTE tax applies different rates based on member type: 4.75% for individual, trust, and estate members; 4% for corporate, S corporation, and partnership members. Citation: https://library.partnertax.ai/us-ok/forms/587-pte#general-information","With the timely filed return, including any extensions Oklahoma allows a PTE to make the election by filing Form 586 as a stand-alone form at any time during the preceding tax year or within two months and 15 days after the beginning of the current tax year, or by making the election on the tax return (Form 512-S or Form 514) prior to but not later than the due date of the applicable income tax return, including any extensions. Citation: https://library.partnertax.ai/us-ok/forms/586?c=1#revised-2025","4.75% of the Oklahoma share of taxable income distributed to each nonresident member Withholding not required if nonresident member submits Form OW-15 Withholding Exemption Affidavit. Withholding not required on distributions to tax-exempt entities, insurance companies subject to Oklahoma Gross Premiums Tax, other PTEs, royalty income already subject to withholding, or income not subject to Oklahoma income tax. Disregarded entities and entities not required to file federal returns are not required to withhold. Entities that elect to become electing PTEs are not required to withhold. Citation: https://library.partnertax.ai/us-ok/forms/514-pkt#withholding-on-nonresident-members","Yes, elective (Form 514-PT) Any partnership required to file an Oklahoma income tax return may elect to file a composite return for its nonresident partners using Form 514-PT (Partnership Composite Income Tax Supplement). Citation: https://library.partnertax.ai/us-ok/forms/514-pkt#composite-return-information","None (no entity-level tax; informational return only) Oklahoma partnerships file Form 514 for informational purposes. The return instructions set out filing and payment requirements in full, with tax computed on distributive income at partner level (4.75% rate for individuals, 4% for corporate partners in composite returns), but no fixed annual partnership fee, minimum tax, or entity-level fee is stated in the partnership return instructions. Citation: https://library.partnertax.ai/us-ok/forms/514-pkt#general-information","October 15 The extension is automatic if a federal extension is filed and no Oklahoma tax is due (attach copy of Federal Form 7004). If tax is due, no federal extension was filed, or more time than the federal extension is needed, file Form 504-C or Form 504-PTE. Citation: https://library.partnertax.ai/us-ok/forms/514-pkt#when-and-where-the-return-must-be-filed","Federal Schedule K-1 (no state equivalent) Oklahoma partnerships may provide Federal Schedule K-1s if Oklahoma information is stated separately on the Federal K-1s, rather than completing Oklahoma's Part 5 schedule. The state does not issue its own K-1 equivalent form; instead, partnerships complete Part 5 of Form 514 to report each partner's share of income, or they may substitute the federal K-1s with Oklahoma information separately stated. Citation: https://library.partnertax.ai/us-ok/forms/514-pkt?c=1#line-8","Form 512 Form 512 is the Oklahoma Corporation Income Tax Return filed by C corporations for the tax year. The evidence identifies it as 'Oklahoma Corporation Income Tax Return' and specifies it is used by corporations doing business within or deriving income from sources within Oklahoma, with the exception that Small Business Corporations (Subchapter S) must use Form 512-S instead. Citation: https://library.partnertax.ai/us-ok/forms/512-pkt?c=1#form-512","4% Oklahoma imposes a corporate income tax at a rate of 4% on C corporation net income for tax year 2025, as stated in the Form 512 instructions. Citation: https://library.partnertax.ai/us-ok/forms/512-pkt?c=1#2025-oklahoma-corporation-tax-packet-2-3","April 15 Oklahoma corporate returns are due no later than 30 days after the federal due date for C corporations filing Form 512, as stated in the official 2025 Form 512 instructions. Citation: https://library.partnertax.ai/us-ok/forms/512-pkt?c=1#general-filing-information","None (no minimum tax stated in the corporate return instructions) The 2025 Form 512 Oklahoma Corporation Income Tax Return instructions set out the tax computation as 4% of Oklahoma taxable income with no minimum, floor, or fixed-dollar charge appearing anywhere in the computation. Citation: https://library.partnertax.ai/us-ok/forms/512-pkt?c=1#2025-oklahoma-corporation-tax-packet-2-3","Three-factor (property, payroll, sales) If fewer than three factors are present, Oklahoma uses a two-factor or single-factor formula consisting of the arithmetical average of the factors present. Citation: https://library.partnertax.ai/us-ok/forms/512-pkt#line-9-gains-or-losses","Elective consolidated return If a federal consolidated return is filed, an Oklahoma consolidated return may be required or permitted under certain circumstances. An election to file a separate or consolidated return is made with the timely filing of the original return and cannot be changed with an amended return. Once elected, the consolidated filing is binding for all future tax years unless the Oklahoma Tax Commission releases the group from the election. Citation: https://library.partnertax.ai/us-ok/forms/512-pkt#consolidated-returns","Unlimited carryforward, no carryback (except for specific farm losses, insurance companies, federally declared disasters, and specified liability losses), with 80% limitation on deduction for NOLs arising after December 31, 2017 Oklahoma NOLs are computed independently referencing IRC Sec. 172. The Tax Cuts and Jobs Act (TCJA) eliminated the two-year carryback provision for most NOLs effective 2018 onward, but carryback is permitted for specific farm losses, insurance companies (other than life insurance companies), federally declared disaster losses (up to 5 years), and certain specified liability losses such as product liability and workers' compensation claims (up to 10 years). An election to forego carryback is available when permitted by federal or Oklahoma law. Citation: https://library.partnertax.ai/us-ok/forms/512-pkt#oklahoma-nol-deduction","15th day of the fourth month, 15th day of the sixth month, 15th day of the ninth month, 15th day of the first month of the succeeding taxable year Four equal quarterly installments required when tax liability is reasonably expected to be $500 or more. Citation: https://library.partnertax.ai/us-ok/forms/512-pkt#declaration-of-estimated-tax","November 16 If no Oklahoma liability is owed, a federal extension automatically extends the Oklahoma return. If Oklahoma liability is owed or no federal extension exists, Form 504-C must be filed by the original due date with at least 90% of the tax liability to avoid penalty. Citation: https://library.partnertax.ai/us-ok/forms/512-pkt#time-and-place-for-filing","Form 511 Form 511 is the Oklahoma Resident Income Tax Return that resident individuals file for the tax year. The evidence identifies this as ""2025 Form 511 Oklahoma Individual Income Tax Return Packet & Instructions"" and states that resident individuals file on Form 511, with nonresidents using Form 511-NR instead. Citation: https://library.partnertax.ai/us-ok/forms/511-pkt?c=1#resident-individual","4.75% (top bracket rate) For tax year 2025, Oklahoma imposes graduated individual income tax with a top marginal rate of 4.75% on the remainder of taxable income above the specified brackets for both single filers and married filing jointly filers. Citation: https://library.partnertax.ai/us-ok/guidance/os-68-2355?c=1#c","April 15 Electronic filers receive an automatic extension to April 20th. If the due date falls on a weekend or legal holiday when OTC offices are closed, the return is due the next business day. Citation: https://library.partnertax.ai/us-ok/forms/511-pkt#due-date","A valid extension of time in which to file your federal return automatically extends the due date of your Oklahoma return if no Oklahoma liability is owed If your federal return is not extended or an Oklahoma liability is owed, an extension of time to file your Oklahoma return can be requested on Form 504-I. At least 90% of the tax liability must be paid by the original due date of the return to avoid penalty charges for late payment. Citation: https://library.partnertax.ai/us-ok/forms/511-pkt#due-date","April 15, June 15, September 15, January 15 Form OW-8-ES specifies the quarterly estimated tax payment due dates for calendar year taxpayers in Oklahoma: 1st Quarter - April 15, 2nd Quarter - June 15, 3rd Quarter - September 15, 4th Quarter - January 15. If a due date falls on a weekend or legal holiday when Oklahoma Tax Commission offices are closed, payment is due the next business day. Citation: https://library.partnertax.ai/us-ok/forms/ow-8-es?c=1#general-instructions","$6,350 For single filers and married filing separate filers for tax year 2025. Citation: https://library.partnertax.ai/us-ok/forms/511-pkt#select-line-instructions-2","over $7,100.00 For tax year 2025, Oklahoma imposes a 4.75% top marginal rate on individual taxable income for single filers above $7,100.00 (the threshold where the top bracket begins after the prior brackets of 0.25%, 0.75%, 1.75%, 2.75%, and 3.75%). Citation: https://library.partnertax.ai/us-ok/guidance/os-68-2355?c=1#c","Form 511-NR The 2025 Form 511-NR is the Oklahoma Nonresident/Part-Year Income Tax Return filed by nonresident and part-year resident individuals, as stated in the official form title and instructions. Citation: https://library.partnertax.ai/us-ok/forms/511-nr-pkt?c=1#top-of-form-instructions-2" OR,Oregon,"Form OR-65 Form OR-65 is the Oregon Partnership Return of Income that partnerships with Oregon resident partners or income derived from Oregon sources must file to report Oregon modifications to federal taxable income and credits passed through to partners. Citation: https://library.partnertax.ai/us-or/forms/or-65-instructions?c=1#form-instructions","March 16 Oregon requires partnerships to file Form OR-65. For calendar-year partnerships in 2025, the due date is March 16, 2026. For fiscal-year partnerships, the due date is the 15th day of the third month after the end of the partnership's tax year. If the 15th falls on a Saturday, Sunday, or legal holiday, the return is due by the next business day. Citation: https://library.partnertax.ai/us-or/forms/or-65-instructions?c=1#filing-and-payment-deadlines","9% on the first $250,000 in total distributive proceeds, and 9.9% on distributive proceeds over $250,000 Oregon's PTE-E tax (pass-through entity elective tax) applies a tiered rate: 9 percent of the first $250,000 in total distributive proceeds from Oregon sources, and 9.9 percent of distributive proceeds exceeding $250,000. This is the rate that electing partnerships and other PTEs pay at the entity level under Form OR-21. Citation: https://library.partnertax.ai/us-or/forms/or-21-instructions?c=1#oregon-distributive-proceeds","April 15, 2026 (with the timely filed Form OR-21) A PTE makes the election by timely filing Form OR-21 with the 'Election' box checked; the due date for filing Form OR-21 for tax year 2025 is April 15, 2026, unless an extension has been requested. Citation: https://library.partnertax.ai/us-or/forms/or-21-instructions?c=1#registration-required","Required on nonresident partners' distributive shares (rate not stated in retrieved instructions); requirement waived if nonresident partner joins composite return, files affidavit, or meets other exceptions Oregon requires a partnership to withhold tax on behalf of nonresident partners who are individuals or C corporations, unless the partner is exempt, files an affidavit stating they will pay their own estimated tax, or joins a composite return (Form OR-OC). The specific withholding rate is not stated in the retrieved instructions. Citation: https://library.partnertax.ai/us-or/forms/or-65-instructions?c=1#nonresident-partners","Yes, elective (Form OR-OC) Nonresident partners can elect to join a composite return filed by the partnership on Form OR-OC. The partnership is required to file this composite return on behalf of nonresident owners who elect to participate, but participation by individual nonresident partners is elective, not mandatory. Citation: https://library.partnertax.ai/us-or/forms/or-65-instructions?c=1#nonresident-partners","$150 (Form OR-65) Oregon imposes a $150 minimum tax on each partnership transacting business in the state, paid with the filing of Form OR-65, the Oregon Partnership Return of Income. The tax applies if the partnership is doing business in Oregon and required to file a partnership return. For short-year returns filed only because of a change in accounting periods allowed by the IRS, the tax is prorated based on the number of months in the short tax year. Citation: https://library.partnertax.ai/us-or/forms/or-65-instructions?c=1#partnership-minimum-tax","September 15 Oregon grants an automatic extension for partnerships filing Form OR-65. Calendar-year partnerships have an extended due date of September 15, 2026. Fiscal-year partnerships have an extended due date of six months after the original return due date. No request needs to be filed for an Oregon extension. Citation: https://library.partnertax.ai/us-or/forms/or-65-instructions?c=1#extension-of-time-to-file","Schedule OR-K-1 Schedule OR-K-1 is used by a pass-through entity to provide an owner with information necessary to complete the owner's Oregon income tax return, reporting the owner's distributive share of income, deductions, and credits. Citation: https://library.partnertax.ai/us-or/forms/schedule-or-k-1-instructions?c=1#schedule-or-k-1-instructions","Form OR-20 Form OR-20, Oregon Corporation Excise Tax Return, is filed by C corporations doing business in Oregon. Evidence e15 states: 'Except as provided by Pub.L. 86-272, all corporations doing business in Oregon must file Form OR-20, and are subject to the minimum excise tax.' For C corporations not doing business in Oregon but with Oregon-source income, Form OR-20-INC is filed instead (evidence e7, e15). Citation: https://library.partnertax.ai/us-or/forms/or-20-inc-instructions?c=1#what-form-do-i-use","7.6% For C corporations filing Form OR-20-INC (Oregon Corporation Income Tax Return), the top marginal rate applies when Oregon taxable income exceeds $1 million: multiply the amount over $1 million by 7.6 percent and add $66,000. Income tax filers pay only calculated tax and are not subject to minimum tax. Citation: https://library.partnertax.ai/us-or/forms/or-20-inc-instructions?c=1#calculated-tax-ors-318-020-317-061","May 15 Oregon requires C corporation income tax returns (Form OR-20-INC) to be filed by the 15th day of the month following the federal corporation return due date, with adjustment to the next business day if the 15th falls on a Saturday, Sunday, or legal holiday. Citation: https://library.partnertax.ai/us-or/forms/or-20-inc-instructions?c=1#filing-checklist-2","Minimum tax varies by Oregon sales of filing group: $150 (under $500,000) to $100,000 ($100,000,000 and above) (Form OR-20) For C corporations filing the excise tax return (Form OR-20), the minimum tax is based on Oregon sales and ranges from $150 for sales under $500,000 to $100,000 for sales of $100,000,000 and above, according to the minimum tax table. The minimum tax is the greater of calculated tax or minimum tax and cannot be reduced by tax credits. Citation: https://library.partnertax.ai/us-or/forms/or-20-instructions?c=1#minimum-tax-table-c-corporations-only","Single sales factor maintainer-verified citation (admin drawer offline); grounded in already-ingested library text Citation: https://library.partnertax.ai/us-or/stat/314.650","Mandatory consolidated filing for federal consolidated groups (unitary members only); separate-entity filing otherwise Oregon requires that if a corporation is a member of an affiliated group filing a consolidated federal return, it must file an Oregon return based on that federal return when the members are included in a consolidated federal return, are unitary, and at least one is doing business in Oregon or has Oregon-source income. Corporations filing separate federal returns must file separate Oregon returns. A corporation included in a consolidated federal return but not unitary with other affiliates must file a separate Oregon return. Citation: https://library.partnertax.ai/us-or/forms/or-20-inc-instructions?c=1#filing-requirements","15-year carryforward, no carryback (except for crop production, animal production, or aquaculture) Oregon allows corporations to carry net operating losses forward up to 15 years. Oregon does not allow net losses to be carried back unless a corporation is engaged in crop production, animal production, or aquaculture. A net operating loss carryforward is required to be reduced by the entire Oregon net income of intervening tax years. Citation: https://library.partnertax.ai/us-or/forms/or-20-inc-instructions?c=1#subtractions","April 15, June 15, September 15, and December 15 For calendar-year filers, Oregon corporate estimated tax payments are due quarterly on these four dates. If a due date falls on a Saturday, Sunday, or legal holiday, the payment is due the next regular business day. Citation: https://library.partnertax.ai/us-or/forms/or-20-inc-instructions?c=1#payment-due-dates","November 16 For C corporations filing Form OR-20-INC (Oregon Corporation Income Tax Return), the extended due date is determined by reference to the federal extension due date. The extension must be requested by filing a federal extension form (Form 7004 or equivalent) or an Oregon-only extension, and the Oregon extension due date is calculated as the 15th day of the month following the federal extension's due date. Citation: https://library.partnertax.ai/us-or/forms/or-20-inc-instructions?c=1#heading-and-checkboxes","Form OR-40 Form OR-40 is the Oregon Resident Individual Income Tax Return for tax year 2025, as identified in the official instructions document title and throughout the evidence. Citation: https://library.partnertax.ai/us-or/forms/or-40-instructions?c=1#kicker-worksheet","9.9% (top bracket rate) Oregon uses graduated tax brackets for individuals. For single filers and married filing separately, the top marginal rate of 9.9% applies to income over $125,000. For married filing jointly and head of household filers, the top marginal rate of 9.9% applies to income over $250,000. Citation: https://library.partnertax.ai/us-or/forms/or-40-instructions?c=1#tax-return-mailing-addresses","April 15 The filing deadline for calendar year 2025 Oregon resident individual income tax returns is April 15, 2026, as stated in the OR-40 Instructions for Form OR-40. Citation: https://library.partnertax.ai/us-or/forms/or-40-instructions?c=1#when-should-i-file-my-return","October 15 Oregon accepts the federal extension automatically. For 2025 returns, the extended due date is October 15, 2026. An extension to file does not extend the time to pay tax, which remains due April 15, 2026. Citation: https://library.partnertax.ai/us-or/forms/or-40-instructions?c=1#what-if-i-need-more-time-to-file","April 15, June 16, September 15, January 15 For calendar-year filers in Oregon, the 2025 quarterly estimated tax payment due dates for individuals are April 15, June 16, September 15, and January 15, 2026, as stated in Publication OR-17. Citation: https://library.partnertax.ai/us-or/forms/publication-or-17?c=1#2025-required-installment-due-dates","$2,835 Oregon standard deduction for single filers for tax year 2025, as stated in Publication OR-17 and Form OR-40 instructions. Citation: https://library.partnertax.ai/us-or/forms/publication-or-17?c=1#oregon-standard-deduction","over $125,000 For a single filer in Oregon for tax year 2025, the top marginal rate of 9.9% begins on taxable income over $125,000. This is stated in the tax rate chart: 'If your taxable income is over $125,000 … your tax is $10,627 plus 9.9% of excess over $125,000'. Citation: https://library.partnertax.ai/us-or/forms/or-40-instructions?c=1#tax-return-mailing-addresses","Form OR-40-N Oregon nonresidents and part-year residents file Form OR-40-N. The evidence states: 'Use Form OR-40-N if any one of the following is true: • You are a nonresident; or • You are a special-case Oregon resident (see ""Residency""); or • You and your spouse are filing jointly and one (or both) of you is a nonresident; or • You meet the military personnel nonresident requirements (see ""Military personnel filing information""); or • You qualified as an Oregon resident living in a foreign country for the entire year (see ""Residency"").' Part-year residents file Form OR-40-P instead. Citation: https://library.partnertax.ai/us-or/forms/publication-or-17?c=1#nonresident-form-or-40-n" PA,Pennsylvania,"PA-20S/PA-65 The PA-20S/PA-65 is the Information Return for Partnerships and S Corporations filed in Pennsylvania. Partnerships classified as partnerships for federal income tax purposes are required to file this form. Citation: https://library.partnertax.ai/us-pa/forms/pa-20s-pa-65#when-to-file","April 15 For calendar-year filers, this corresponds to April 15, 2026 for tax year 2025. Citation: https://library.partnertax.ai/us-pa/forms/pa-20s-pa-65#when-to-file","None (no PTE election) Pennsylvania has not adopted an elective pass-through entity tax. The Act 52 of 2013 entity-level assessment election is a collection mechanism only, not a PTET. Pass-through income is taxed to owners at the flat personal income tax rate of 3.07%. Citation: https://library.partnertax.ai/us-pa/no-tax/pass-through-entity-tax#summary","None (no PTE election) Pennsylvania has not adopted an elective pass-through entity tax. The Act 52 of 2013 entity-level assessment election is a collection mechanism, not a PTET, and does not constitute an elective PTE tax election. Citation: https://library.partnertax.ai/us-pa/no-tax/pass-through-entity-tax#summary","Required on nonresident partners' distributive shares; withholding calculated on each nonresident owner's expected share of distributable Pennsylvania-source taxable income, with quarterly payments and final payment due with the PA-20S/PA-65 return (rate not stated in retrieved instructions) Under Act 22 of 1991, entities must withhold and pay Pennsylvania personal income tax for nonresident partners and shareholders (owners) that are individuals, estates or trusts. The withholding tax payment is based on each nonresident owner's expected share of distributable Pennsylvania-source taxable income. Quarterly estimated withholding payments are required, with a final payment due on or before the 15th day of the fourth month following the end of the taxable year (with a penalty of 5 percent per month or fraction thereof, to a maximum of 50 percent, for failure to remit). The specific withholding rate is not stated in the retrieved instructions. Citation: https://library.partnertax.ai/us-pa/forms/pa-20s-pa-65?c=1#estimated-quarterly-withholding-payments-for-nonresident-own","Yes, elective (PA-40 NRC) PA S corporations, partnerships and limited liability companies classified as partnerships and S corporations for federal income tax purposes may file a composite return on behalf of their qualified nonresident individual owners who elect to be included in the composite filing. Citation: https://library.partnertax.ai/us-pa/forms/pa-20s-pa-65#nonresident-individual-owners","None (no entity-level tax; informational return only) Pennsylvania requires partnerships to file an information return (PA-20S/PA-65) but does not impose a fixed annual fee or minimum tax on partnerships at the entity level. Partners report their distributive shares of income on individual returns. Citation: https://library.partnertax.ai/us-pa/forms/pa-20s-pa-65#when-to-file","September 15 The extension is automatic and can be obtained using REV-276 Application for Automatic Extension of Time to File. The department will not grant an extension for more than five months, except for taxpayers outside the U.S. Citation: https://library.partnertax.ai/us-pa/forms/pa-20s-pa-65#when-to-file","PA Schedule RK-1 and PA Schedule NRK-1 Pennsylvania partnerships issue PA Schedule RK-1 to resident partners and PA Schedule NRK-1 to nonresident partners, each reporting that partner's share of income by PA income class. These schedules accompany the PA-20S/PA-65 Information Return. Citation: https://library.partnertax.ai/us-pa/forms/pa-20s-pa-65?c=1#when-to-file","RCT-101 Inactive corporations may file RCT-101-I instead. Citation: https://library.partnertax.ai/us-pa/forms/rct-101i#print-form-next-page","7.99% Pennsylvania Corporate Net Income Tax rate for tax year 2025 is 7.99%, as shown in the tax rate schedule in REV-1200 CT-1 PA Corporation Tax Instructions. Citation: https://library.partnertax.ai/us-pa/forms/rev-1200?c=1#corporate-net-income-tax-weighting-of-factors-tax-period-tax","May 15 For Pennsylvania C corporations filing the RCT-101 PA Corporate Net Income Tax Report, the due date is determined by reference to the federal return due date, applicable to both calendar and fiscal year filers, with adjustment for weekends and holidays. Citation: https://library.partnertax.ai/us-pa/forms/rev-1200?c=1#due-date-of-report-and-payment","$75 minimum Capital Stock or Foreign Franchise Tax Under 61 Pa. Code § 155.29(a), a minimum Capital Stock or Foreign Franchise Tax of $75 is imposed on corporations maintaining a corporate tax account, applicable to tax years commencing with calendar year 1983 and each year thereafter, and is due even when the actual tax computed under the fixed formula or alternative capital stock valuation methods is less than $75. The minimum is prorated if the corporation does not have a full tax year in Pennsylvania. Exceptions apply to family farm corporations (§ 155.29(b)) and inactive corporations that have filed an Out of Existence or Withdrawal Affidavit (§ 155.29(c)). Citation: https://library.partnertax.ai/us-pa/regs/155.29?c=1#a","Single sales factor For tax years beginning on or after January 1, 2013, Pennsylvania uses a single sales factor apportionment method unless a special apportionment method is required. The apportionment factor consists of sales attributable to Pennsylvania divided by total sales of the taxpayer. Citation: https://library.partnertax.ai/us-pa/forms/rev-1200#apportionment-exemptions-and-allocation-apportionment-of-tax","Separate-entity filing Pennsylvania requires separate-company corporate net income tax reporting. Members of a federal consolidated group must recast their federal taxable income on a separate-company basis for Pennsylvania purposes; consolidated and combined returns are not permitted. Citation: https://library.partnertax.ai/us-pa/no-tax/corporate-consolidated-return#practical-effect","3-year carryforward, no carryback, limited to 40% of taxable income Pennsylvania allows net operating losses to be carried forward for 3 succeeding years with no carryback. The deduction is limited to the lesser of the net loss available or 40% of current taxable income. The RCT-103 instructions state that taxpayers must multiply current taxable income by 40% to determine the net operating loss deduction limit for the current period. Citation: https://library.partnertax.ai/us-pa/regs/158.3?c=1#a","15th day of the 3rd, 6th, 9th and 12th months of the tax year maintainer-verified citation (admin drawer offline); grounded in already-ingested library text Citation: https://library.partnertax.ai/us-pa/forms/dpo-05#april-30","September 15 For a calendar-year filer, the PA Corporate Net Income Tax Report (RCT-101) extension date is September 15, 2026, which is six months after the original April 15, 2026 due date. Taxpayers granted a federal extension are automatically granted a Pennsylvania extension; those without a federal extension may request a 60-day extension to file the PA Corporate Net Income Tax Report. Citation: https://library.partnertax.ai/us-pa/forms/rev-1200?c=1#extension-of-time-to-file","PA-40 The PA-40 is the primary state personal income tax return form for resident individuals in Pennsylvania. Evidence e1 refers to the 'PA-40 Personal Income Tax Booklet' and discusses 2025 tax return filing requirements. Evidence e8 states 'Taxpayers can utilize an online filing system to file their 2025 Pennsylvania personal income tax returns for free' and references filing 'Pennsylvania state returns (PA-40)'. Evidence e18, a regulation at 61 Pa. Code § 121.2, states 'Residents, part-year residents and nonresidents shall file the same Form PA-40.' Citation: https://library.partnertax.ai/us-pa/forms/pa-40in?c=1#tax-rate","3.07% (flat rate) Pennsylvania imposes a flat individual income tax rate of 3.07% on all taxable income for tax year 2025, as stated in the PA-40 Personal Income Tax Booklet instructions. Citation: https://library.partnertax.ai/us-pa/forms/pa-40in?c=1#tax-rate","April 15 The regular (non-extended) due date for 2025 Pennsylvania individual income tax returns is April 15, 2026, consistent with the federal tax due date. Citation: https://library.partnertax.ai/us-pa/forms/pa-40in#tax-rate","October 15 Extension is not automatic; must be requested. The department grants up to a six-month extension of time for filing. For calendar-year filers, the extension date is September 15, 2026 (six months from April 15, 2026 original due date). For the PA-40 NRC nonresident form, the extended due date is October 15, 2026. Citation: https://library.partnertax.ai/us-pa/forms/pa-40in#pa-department-of-revenue-electronic-filing-section","Apr. 15, 2025, Jun. 15, 2025, Sep. 15, 2025, Jan. 15, 2026 Pennsylvania requires individuals to make quarterly estimated income tax payments on Apr. 15, 2025, Jun. 15, 2025, Sep. 15, 2025, and Jan. 15, 2026, or the next business day if the due date falls on a Saturday, Sunday, or holiday, according to the REV-413 (I) payment due dates table for 2025 tax year. Citation: https://library.partnertax.ai/us-pa/forms/rev-413i?c=1#payment-due-dates-table","None (no standard deduction) Pennsylvania allows no standard deduction, no personal exemptions, and no itemized deductions against personal income tax. Relief for lower-income taxpayers is delivered through Tax Forgiveness, a credit against tax rather than a deduction from income. Citation: https://library.partnertax.ai/us-pa/no-tax/individual-standard-deduction#summary","Flat rate (applies to all taxable income) Pennsylvania imposes a flat state income tax rate of 3.07 percent on all taxable income with no graduated brackets or top bracket threshold for individual residents. Citation: https://library.partnertax.ai/us-pa/forms/pa-40in?c=1#tax-rate","PA-40 with PA Schedule NRK-1 Nonresidents and part-year residents use the same PA-40 form as PA residents, but must submit PA Schedule(s) NRK-1 reporting tax withheld by partnerships, PA S corporations, estates, or trusts. Citation: https://library.partnertax.ai/us-pa/forms/pa-40in?c=1#general-instructions" RI,Rhode Island,"Form RI-1065 Partnerships, limited partnerships, limited liability partnerships, and certain LLCs treated as partnerships for federal tax purposes file Form RI-1065. The form is also used by pass-through entities and sole proprietors making a pass-through entity election. Citation: https://library.partnertax.ai/us-ri/forms/ri-1065-instructions#information-section","March 16 Exception: For calendar year and non-June 30 fiscal year end single-member LLC filers, the due date is the fifteenth day of the fourth month following the close of the taxable year. Citation: https://library.partnertax.ai/us-ri/forms/ri-1065-instructions#general-information","5.99% Rhode Island allows pass-through entities (including partnerships) to elect to pay state income tax at the entity level at the rate of 5.99% under R.I. Gen. Laws § 44-11-2.3, effective for tax years beginning on or after January 1, 2019. The election applies to individual members making the election; the entity calculates tax by multiplying the pass-through entity income generated by individuals making the election by the individual tax rate of 5.99%. Citation: https://library.partnertax.ai/us-ri/forms/ri-1065-instructions?c=1#ri-schedule-pte","With the timely filed Form RI-1065 RI Schedule PTE must be completed and included with Form RI-1065 if the entity is making the election to pay the pass-through entity tax. The election is made by completing and including RI Schedule PTE with the partnership's timely filed return. Citation: https://library.partnertax.ai/us-ri/forms/ri-1065-instructions#ri-schedule-pte","5.99% for individuals, LLCs, partnerships, and trusts; 7% for C corporations Withholding may be satisfied through composite return election or pass-through entity election. No withholding required if nonresident member's Rhode Island source income is less than $1,000. Citation: https://library.partnertax.ai/us-ri/forms/ri-1065-instructions#ri-schedule-ptw","Yes, elective (Form RI-1040C) Nonresident members of pass-through entities (partnerships, LLCs, S corporations, and trusts) may elect to be included in a composite return filed by the entity. The election is made via Form RI-1040C-NE, and the composite return is filed on Form RI-1040C. Citation: https://library.partnertax.ai/us-ri/forms/ri-1040c-composite-instructions#general-information","$400.00 (LLCs, LLPs, LPs, and SMLLCs taxed as partnerships; Form RI-1065) Rhode Island imposes a $400.00 annual fee on LLCs, LLPs, LPs, and SMLLCs not treated as corporations for federal tax purposes, payable with Form RI-1065. General partnerships are exempt from this fee. The fee is described as the minimum tax under R.I. Gen. Laws § 44-11-2(e). Citation: https://library.partnertax.ai/us-ri/forms/ri-1065-instructions?c=1#line-7a-rhode-island-annual-fee","Automatic six (6) month extension for filers of Form RI-1065 (LLC, LLP, LP, Partnership, SMLLC) Rhode Island grants an automatic six-month extension for partnership returns filed on Form RI-1065, provided the extension request is made using Form BUS-EXT and includes a proper estimate of tax due or the minimum tax of $400, whichever is greater. Citation: https://library.partnertax.ai/us-ri/forms/business-corp-general-instructions?c=1#3-extension-of-time-for-filing","RI Schedule K-1 Rhode Island requires partnerships to issue RI Schedule K-1 to each partner reporting that partner's share of income and other pass-through items. Citation: https://library.partnertax.ai/us-ri/forms/ri-1065-instructions?c=1#line-1-enter-the-amount-of-rhode-island-pass-through-entity","Form RI-1120C Every business corporation exercising corporation functions or otherwise doing business in Rhode Island is required to file an annual tax return using Form RI-1120C and is subject to the income tax under R.I. Gen. Laws § 44-11-2. Citation: https://library.partnertax.ai/us-ri/forms/business-corp-general-instructions?c=1#1-who-must-file","7% Rhode Island imposes a corporate income tax of seven percent (7%) on net income apportioned to Rhode Island for C corporations, with a minimum tax of $400.00. Citation: https://library.partnertax.ai/us-ri/forms/business-corp-general-instructions?c=1#5-rate-of-tax","April 15 June 30 fiscal year end filers have a different due date: the fifteenth day of the third month following the close of the taxable year. Citation: https://library.partnertax.ai/us-ri/forms/ri-1120c-instructions#general-information","$400.00 (Form RI-1120C) Rhode Island imposes a minimum tax of $400.00 on C corporations, payable with Form RI-1120C. The minimum applies regardless of income; the corporation pays the greater of 7% of net income apportioned to Rhode Island or the $400.00 minimum. Citation: https://library.partnertax.ai/us-ri/forms/ri-1120c-instructions?c=1#line-13-tax-after-credits","Single sales factor For C corporations and combined groups with C corporation members for tax years beginning on or after January 1, 2015, Rhode Island uses a single sales factor apportionment formula based on total receipts from sales or other sources. Citation: https://library.partnertax.ai/us-ri/regs/280-20-25-9#9.6","Mandatory unitary combined reporting An affiliated group of C corporations, as defined in IRC § 1504, may also elect to be treated as a combined group (federal consolidated election). Citation: https://library.partnertax.ai/us-ri/forms/ri-1120c-instructions#information-section","5-year carryforward, no carryback NOL must be adjusted to reflect Rhode Island inclusions and exclusions, and cannot exceed the federal IRC §172 deduction. NOL sustained during years when taxpayer was not subject to RI corporate tax is not deductible. Citation: https://library.partnertax.ai/us-ri/forms/ri-1120c-instructions#line-1a-net-operating-loss-deduction","15th day of the 4th month (25%), 15th day of the 6th month (25%), 15th day of the 9th month (25%), 15th day of the 12th month (25%) Each installment is 25% of the estimated tax. Applies to corporations with estimated tax reasonably expected to exceed $400. Citation: https://library.partnertax.ai/us-ri/forms/business-corp-general-instructions#electronic-mandate","June 30 Extension is automatic. A proper estimate of the amount of tax due for the taxable year is required to be reported on Form BUS-EXT when it is filed, otherwise the extension will be void. Citation: https://library.partnertax.ai/us-ri/forms/business-corp-general-instructions#electronic-mandate","RI-1040 Form RI-1040 is the primary state personal income tax return form for full-year Rhode Island resident individuals filing for tax year 2025, as stated in the instructions: 'The RI-1040 Resident booklet contains returns and instructions for filing the 2025 Rhode Island Resident Individual Income Tax Return.' Citation: https://library.partnertax.ai/us-ri/forms/ri-1040-resident-booklet?c=1#preamble","5.99% (top bracket rate) Rhode Island imposes a graduated tax on individual taxable income with three brackets; the highest bracket rate of 5.99% applies to taxable income over $181,650. Citation: https://library.partnertax.ai/us-ri/forms/ri-1040-resident-booklet?c=1#rhode-island-tax-computation-worksheet","April 15 Rhode Island income tax returns for calendar year 2025 will be considered timely filed if postmarked by Wednesday, April 15, 2026, as stated in the RI-1040 Resident Individual Income Tax Booklet instructions for tax year 2025. Citation: https://library.partnertax.ai/us-ri/forms/ri-1040-resident-booklet?c=1#where-and-when-to-file","October 15 Extension does not extend time for payment of tax due. If no payment is required and a federal extension is filed, Rhode Island form RI-4868 does not need to be submitted. Citation: https://library.partnertax.ai/us-ri/forms/ri-1040-resident-booklet#extension-of-time","April 15, June 15, September 15, January 15 of following year R.I. Gen. Laws § 44-30-56(a) establishes the due dates for estimated Rhode Island personal income tax payments for individuals with an April 15 declaration due date as April 15; June 15; September 15; and January 15 of the following year. Citation: https://library.partnertax.ai/us-ri/stat/44-30-56?c=1#1","$10,900 For tax year 2025, Rhode Island standard deduction for single filers is $10,900. The form instructions note that this amount has been adjusted for inflation as required annually by the RI Division of Taxation. Citation: https://library.partnertax.ai/us-ri/forms/ri-1040-resident-booklet#income-tax-and-credits","Over $181,650 Rhode Island imposes a top marginal individual income tax rate of 5.99% on taxable income over $181,650 for all filing status types under the 2025 tax computation worksheet. Citation: https://library.partnertax.ai/us-ri/forms/ri-1040-resident-booklet?c=1#rhode-island-tax-computation-worksheet","RI-1040NR The RI-1040NR is the return form filed by nonresident and part-year resident individuals for Rhode Island income tax. The instructions state: 'These instructions are for the use of non-resident and part-year resident taxpayers only. Full Year resident taxpayers will file their individual income tax returns on Form RI-1040.' Citation: https://library.partnertax.ai/us-ri/forms/ri-1040nr-instructions?c=1#general-instructions" SC,South Carolina,"SC1065 SC1065 is the Partnership Return form that South Carolina partnerships must file. The form title is 'SC1065 — Partnership Return' and it is due by the 15th day of the third month following the close of the taxable year. Citation: https://library.partnertax.ai/us-sc/forms/sc1065?c=1#state-of-south-carolina","March 16 South Carolina requires partnerships to file the SC1065 Partnership Return by this date, as stated in both the form instructions and the governing statute for partnership returns. Citation: https://library.partnertax.ai/us-sc/forms/sc1065?c=1#state-of-south-carolina","3% Flat rate on active trade or business income for qualified electing partnerships and S corporations Citation: https://library.partnertax.ai/us-sc/forms/i435#state-of-south-carolina-department-of-revenue-active-trade-o","With the timely filed SC1065 South Carolina Code § 12-6-545(2) requires that a qualified entity's election to have active trade or business income taxed at the entity level must be made ""no later than the due date for filing the applicable income tax return, including any extensions."" The SC1065 instructions confirm the election is made by marking a box on page 1 of the SC1065, and the SC1065 form itself is due ""by the 15th day of the third month following the close of the taxable year"" with extensions available. Citation: https://library.partnertax.ai/us-sc/stat/12-6-545?c=1#2-4","5% on nonresident partners' distributive shares of South Carolina taxable income, whether distributed or undistributed. Withholding is not required for nonresident partners who provide an I-309 affidavit, are included on a composite return, or are tax exempt under IRC 501(a). Active trade or business income taxed at the partnership level is not subject to nonresident withholding. South Carolina Code § 12-8-590(C) requires partnerships to withhold at 5% on nonresident partners' South Carolina taxable income whether distributed or undistributed. SC1065 instructions confirm the 5% rate and identify three categories exempt from withholding: partners providing an I-309 affidavit, partners included on a composite return, and tax-exempt organizations under IRC 501(a). The instructions also state that active trade or business income taxed at the partnership level is not subject to nonresident withholding. Citation: https://library.partnertax.ai/us-sc/stat/12-8-590?c=1#C","Yes, elective (composite return filed using I-338 affidavit) Partnership may file a composite return on behalf of nonresident partners who are individuals, trusts, or estates. Each participant must provide Form I-338 (Composite Return Affidavit) to the entity. Citation: https://library.partnertax.ai/us-sc/stat/12-6-5030#preamble","None (no annual fee stated in the partnership return instructions) The SC1065 partnership return instructions set out filing and payment requirements in full, specifying that partnerships must file by the 15th day of the third month following the close of the taxable year and pay the balance of tax due on line 21 of the SC1065, but no fixed annual fee, filing fee, or minimum tax is stated. Citation: https://library.partnertax.ai/us-sc/forms/sc1065?c=1#instructions","6 months from the original due date; extension must be requested South Carolina allows partnerships filing SC1065 to request a filing extension of 6 months from the original due date. The extension must be requested by the original due date by filing SC8736 or paying online through MyDORWAY; it is not automatic. The extension applies only to filing time, not to the time to pay tax. Citation: https://library.partnertax.ai/us-sc/forms/sc8736?c=1#ready-to-sign-up-for-mydorway","SC1065 K-1 South Carolina requires partnerships to prepare an SC1065 K-1 for each partner to show their share of the partnership's income, deductions, credits, and other items. The SC1065 K-1 is the state's equivalent to the federal Schedule K-1 and must be provided to each partner along with the SC1065 Partnership Return. Citation: https://library.partnertax.ai/us-sc/forms/sc1065?c=1#schedule-sc-k","SC1120 SC1120 is the C Corporation Income Tax Return form that C corporations file in South Carolina. The instructions document states 'SC1120 - C Corporation' as the form to use for C corporations. Citation: https://library.partnertax.ai/us-sc/forms/sc1120i?c=1#preamble","5% South Carolina imposes an income tax on corporations at a flat rate of 5% on South Carolina taxable income, applied to C corporations and other entities taxed as corporations for federal income tax purposes. Citation: https://library.partnertax.ai/us-sc/stat/12-6-530?c=1","April 15 South Carolina Code § 12-6-4970(A) and SC1120 form instructions establish that C corporations must file their income tax return by the 15th day of the fourth month following the taxable year. For calendar-year filers, this is April 15. Citation: https://library.partnertax.ai/us-sc/forms/sc1120?c=1#c-corporation-income-tax-return","$25 minimum License Fee (SC1120) South Carolina imposes an annual license fee on corporations of fifteen dollars plus one dollar for each thousand dollars of capital stock and paid-in or capital surplus, but 'In no case may the license fee provided by this section be less than twenty-five dollars.' The minimum applies to C corporations filing the SC1120 return. Citation: https://library.partnertax.ai/us-sc/stat/12-20-50?c=1#preamble","Single sales factor Manufacturers, retailers, and others dealing with tangible personal property use the sales apportionment method. Service providers, construction contractors, renters of real estate, and others not dealing with tangible personal property use the gross receipts apportionment method. Citation: https://library.partnertax.ai/us-sc/forms/sc1120i#line-3-2","Consolidated Returns South Carolina allows consolidated returns for affiliated corporate groups. Each member must calculate a separate License Fee using its own apportionment ratio. Citation: https://library.partnertax.ai/us-sc/forms/sc1120i#preamble","Federal carryforward period (no carryback allowed) South Carolina recognizes the federal NOL with modifications and follows the federal NOL carry-forward period, but no carry-backs are allowed. The state specifically does not adopt IRC Section 172(b)(1) relating to net operating loss carrybacks. Citation: https://library.partnertax.ai/us-sc/forms/sc1120i?c=1#line-5","the 15th day of the 4th, 6th, 9th, and 12th months of the corporation's tax year For calendar-year corporations, these dates correspond to April 15, June 15, September 15, and December 15. The statute also specifies that for calendar-year corporations, the fourth quarter payment is due December 15 (not January 15 as for other taxpayers). Citation: https://library.partnertax.ai/us-sc/forms/sc2220#underpayment-of-estimated-tax-by-corporations","October 15 Extension is automatic if all Corporate Income Tax and Corporate License Fee due are paid by the original due date. If no tax or fee is due and a federal extension was requested, South Carolina will accept the federal extension if the return is received within the time as extended by the IRS. Citation: https://library.partnertax.ai/us-sc/forms/sc1120t#instructions","SC1040 SC1040 is the primary state personal income tax return form for resident individuals in South Carolina for tax year 2025, as identified in the official form title and instructions. Citation: https://library.partnertax.ai/us-sc/forms/sc1040?c=1#state-of-south-carolina-department-of-revenue","6% (top bracket rate) For tax year 2025, South Carolina imposes a graduated tax on individual taxable income with a top marginal rate of 6% applied to income over $16,040, as stated in the Individual Income Tax Packet instructions and confirmed by the tax computation schedule. Citation: https://library.partnertax.ai/us-sc/forms/iit-packet?c=1#reduction-in-income-tax-rates","April 15 For calendar year 2025, the regular due date for filing the South Carolina individual income tax return (SC1040) is April 15, 2026. For fiscal year taxpayers, the due date is the 15th day of the fourth month following the close of the tax year. Citation: https://library.partnertax.ai/us-sc/forms/iit-packet?c=1#south-carolina-department-of-revenue-dor-sc-gov-july-2025","October 15 The extension is automatic if a federal extension is granted or if payment is made online through MyDORWAY. If neither applies, form SC4868 must be filed by the original due date. At least 90% of tax due must be paid by the original due date to avoid penalty. Citation: https://library.partnertax.ai/us-sc/forms/sc4868#instructions","April 15, June 15, September 15, January 15 For calendar year individual taxpayers in South Carolina, estimated tax payments are due in four equal quarterly installments on these dates. The fourth quarter payment is due January 15 of the following taxable year. Citation: https://library.partnertax.ai/us-sc/stat/12-6-3910?c=1#3","Federal standard deduction (IRC 63(c)) South Carolina conforms to the Internal Revenue Code as amended through December 31, 2024, and computes taxable income beginning with federal taxable income on line 1 of the SC1040, with adjustments and deductions applied thereafter. The state imposes no separate standard deduction of its own; filers use the federal standard deduction amount applicable to their filing status under IRC 63(c). Citation: https://library.partnertax.ai/us-sc/forms/iit-packet?c=1#line-1-federal-taxable-income","over $16,040 For taxable years beginning after 2021, South Carolina imposes a 6% top marginal rate on taxable income of $16,040 or more for individuals, estates, and trusts. Citation: https://library.partnertax.ai/us-sc/stat/12-6-510?c=1#1","SC1040 with SC Schedule NR Nonresident and part-year resident individuals file the SC1040 (Individual Income Tax Return) together with the SC Schedule NR (Nonresident Schedule). The SC1040 form itself contains a checkbox for 'Part-Year/Nonresident' that directs filers to attach the Schedule NR, and the instructions confirm that nonresidents must use both the SC1040 and Schedule NR to calculate modified South Carolina taxable income. Citation: https://library.partnertax.ai/us-sc/forms/sc1040?c=1#state-of-south-carolina-department-of-revenue" SD,South Dakota,"None South Dakota does not impose an income tax on partnerships. There is no South Dakota partnership income tax return and no filing obligation for partnerships under the income tax system. The only exception is for partnerships engaged in financial services (lending, trust, consumer finance) under SDCL chapter 10-43, which file a bank franchise tax return instead. Citation: https://library.partnertax.ai/us-sd/no-tax/partnership-income-tax#filing-consequences","None South Dakota does not impose an income tax on partnerships or partners. There is no South Dakota partnership income tax return and no state Schedule K-1 equivalent. Citation: https://library.partnertax.ai/us-sd/no-tax/partnership-income-tax#coverage-and-verification","None (no PTE election) South Dakota does not impose an income tax on partnerships or partners. Because there is no individual income tax, there is no pass-through entity tax election—there is no South Dakota income tax for such a regime to collect or to credit against. Citation: https://library.partnertax.ai/us-sd/no-tax/partnership-income-tax#summary","None (no partnership return required) Derived from partnership_due_date for South Dakota, which cites a source stating the jurisdiction imposes no partnership tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-sd/no-tax/partnership-income-tax#coverage-and-verification","None (no withholding requirement) South Dakota imposes no income tax on partnerships or partners. Because there is no individual income tax, there is no nonresident withholding on distributive shares. Citation: https://library.partnertax.ai/us-sd/no-tax/partnership-income-tax#summary","None (no composite return) South Dakota does not impose an income tax on partnerships or partners. Because there is no individual income tax, there is no South Dakota composite return. Citation: https://library.partnertax.ai/us-sd/no-tax/partnership-income-tax#summary","None (no entity-level tax; informational return only) South Dakota does not impose an income tax on partnerships or partners, and there is no South Dakota partnership income tax return or filing obligation arising from a partner's distributive share. Citation: https://library.partnertax.ai/us-sd/no-tax/partnership-income-tax?c=1#coverage-and-verification","None Derived from partnership_due_date for South Dakota, which cites a source stating the jurisdiction imposes no partnership tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-sd/no-tax/partnership-income-tax#coverage-and-verification","None (no state K-1) South Dakota does not impose an income tax on partnerships or partners. There is no state partnership income tax return and no state Schedule K-1 equivalent. Citation: https://library.partnertax.ai/us-sd/no-tax/partnership-income-tax#filing-consequences","None (no corporate income tax) South Dakota does not impose a general corporate income tax on ordinary corporations. However, financial institutions as defined in SDCL § 10-43-1(4) file a bank franchise tax return. For tax year 2025, an ordinary C corporation files no state income tax return. Citation: https://library.partnertax.ai/us-sd/no-tax/corporate-income-tax#filing-consequences","None (no corporate income tax) Derived from corporation_filing_form for South Dakota, which cites a source stating the jurisdiction imposes no corporation tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-sd/no-tax/corporate-income-tax#filing-consequences","None South Dakota does not impose a general corporate income tax. The state imposes a financial institutions tax under chapter 10-43, but no general corporate income or franchise tax return is required for C corporations. Citation: https://library.partnertax.ai/us-sd/no-tax/corporate-income-tax?c=1#summary","None (no general corporate income tax; financial institutions subject to bank franchise tax with minimum tax for trust business only) South Dakota does not impose a general corporate income tax on C corporations. Financial institutions (banks, trust companies, and similar entities defined in SDCL § 10-43-1(4)) are subject to a bank franchise tax under SDCL chapter 10-43, which includes a minimum tax only for those engaged in the trust business, scaled by authorization duration from $500 to $25,000. Ordinary C corporations have no minimum franchise or corporate tax. Citation: https://library.partnertax.ai/us-sd/no-tax/corporate-income-tax?c=1#bank-franchise-tax","None (no corporate income tax) South Dakota does not impose a general corporate income tax, so no apportionment formula applies to ordinary corporations. Financial institutions file a bank franchise tax return but are subject to different rules. Citation: https://library.partnertax.ai/us-sd/no-tax/corporate-income-tax?c=1#filing-consequences","None (no corporate income tax) South Dakota does not impose a general corporate income tax, so there is no filing method for corporate groups under a corporate income tax regime. An ordinary South Dakota corporation files no state income tax return because there is no general corporate income tax. Citation: https://library.partnertax.ai/us-sd/no-tax/corporate-income-tax?c=1#summary","None (no corporate income tax) South Dakota does not impose a general corporate income tax, and an ordinary corporation files no state income tax return, computes no state apportionment, and tracks no state net operating loss because there is no general corporate income tax. Financial institutions are subject to a separate bank franchise tax regime under SDCL chapter 10-43, not a corporate income tax. Citation: https://library.partnertax.ai/us-sd/no-tax/corporate-income-tax?c=1#filing-consequences","None (no corporate income tax) Derived from corporation_filing_form for South Dakota, which cites a source stating the jurisdiction imposes no corporation tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-sd/no-tax/corporate-income-tax#filing-consequences","None Derived from corporation_filing_form for South Dakota, which cites a source stating the jurisdiction imposes no corporation tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-sd/no-tax/corporate-income-tax#filing-consequences","None (no individual income tax) South Dakota does not impose an individual income tax. There is no South Dakota individual income tax return and no withholding on wages. Citation: https://library.partnertax.ai/us-sd/no-tax/individual-income-tax?c=1#summary","None (no individual income tax) Derived from individual_filing_form for South Dakota, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-sd/no-tax/individual-income-tax#coverage-and-verification","None South Dakota does not impose an individual income tax, as verified for tax year 2025 against the South Dakota Department of Revenue's individual tax pages and SDCL chapter 10-43. Citation: https://library.partnertax.ai/us-sd/no-tax/individual-income-tax?c=1#summary","None South Dakota does not impose an individual income tax, so no individual state income tax return filing extension applies. Citation: https://library.partnertax.ai/us-sd/no-tax/individual-income-tax?c=1#summary","None (no estimated payments required) South Dakota does not impose an individual income tax and has no South Dakota income tax withholding, estimated payment, or extension regime for individuals. Citation: https://library.partnertax.ai/us-sd/no-tax/individual-income-tax?c=1#filing-consequences","None (no individual income tax) South Dakota does not impose an individual income tax, and therefore no standard deduction applies to individual filers. Citation: https://library.partnertax.ai/us-sd/no-tax/individual-income-tax?c=1#summary","None (no individual income tax) South Dakota does not have a corporate, unitary, or personal income tax. Citation: https://library.partnertax.ai/us-sd/forms/sales-use-tax-guide#contact-us","None (no individual income tax) South Dakota does not impose an individual income tax, and therefore there is no nonresident individual return form. The evidence states: 'South Dakota does not impose an individual income tax' and 'There is no South Dakota individual income tax return, and no South Dakota income tax withholding, estimated payment, or extension regime for individuals.' Citation: https://library.partnertax.ai/us-sd/no-tax/individual-income-tax?c=1#summary" TN,Tennessee,"Form FAE170 (LLC/LP/LLP only; general partnerships file none) Partnerships organized as limited-liability entities (LLC, LP, or LLP) file Form FAE170, the Franchise and Excise Tax Return, which is an entity-level tax regime. General partnerships do not file a state return as Tennessee does not tax general partnerships or partners on partnership income. Value qualified by maintainer so the grid cell reads consistently beside the sibling 'None (no partnership income tax)' cells, which describe general partnerships. Citation: https://library.partnertax.ai/us-tn/no-tax/partnership-income-tax?c=1#when-fe-applies","April 15 Tennessee requires partnerships filing Form 1065 to file their franchise and excise tax return by this date, which corresponds to the 15th day of the fourth month following the end of the partnership's taxable year (for example, April 15 for a calendar-year partnership). Citation: https://library.partnertax.ai/us-tn/forms/fae170-instructions?c=1#general-information","None (no partnership income tax) Derived from partnership_composite_return for Tennessee, which cites a source stating the jurisdiction imposes no partnership tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-tn/no-tax/partnership-income-tax","None (no partnership income tax) Derived from partnership_composite_return for Tennessee, which cites a source stating the jurisdiction imposes no partnership tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-tn/no-tax/partnership-income-tax","None (no partnership income tax) Derived from partnership_composite_return for Tennessee, which cites a source stating the jurisdiction imposes no partnership tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-tn/no-tax/partnership-income-tax","None (no partnership income tax) Quoted directly from Tennessee's partnership determination page; the cited sentence appears verbatim in the section. The page also names the tax that applies instead. Citation: https://library.partnertax.ai/us-tn/no-tax/partnership-income-tax","$100 minimum tax (Form FAE170) Tennessee imposes a franchise tax on entities treated as partnerships, computed at $0.25 per $100 or major fraction thereof of net worth, with a minimum tax of $100. This is paid with Form FAE170 Franchise and Excise Tax Return. Citation: https://library.partnertax.ai/us-tn/forms/fae170-instructions?c=1#schedule-a-computation-of-franchise-tax","Seven months after the original due date (by request; automatic if anticipating credit or refund) The Department will grant an extension of seven months to file the franchise and excise tax return, provided that by the original due date the taxpayer has made an extension request and remitted franchise and excise tax payments meeting specified thresholds, or the extension will automatically be granted if the taxpayer anticipates a credit or refund. Citation: https://library.partnertax.ai/us-tn/forms/fae-manual?c=1#3-filing-extension","None (no partnership income tax) Derived from partnership_composite_return for Tennessee, which cites a source stating the jurisdiction imposes no partnership tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-tn/no-tax/partnership-income-tax","Form FAE170 Form FAE170 is the Franchise and Excise Tax Return filed by C corporations and other entities treated as corporations in Tennessee for the 2025 tax year. Citation: https://library.partnertax.ai/us-tn/forms/fae170-instructions?c=1#line-17-enter-any-excess-gain-or-loss-reported-for-federal-t","6.5% Tennessee imposes a 6.5% corporate excise tax on net earnings from business conducted in Tennessee. This rate applies to corporations, partnerships, LLCs, and business trusts as entities offering limited liability protection. Citation: https://library.partnertax.ai/us-tn/forms/fae-manual?c=1#overview-2-3","April 15 Tennessee Form FAE170 Franchise and Excise Tax Return Instructions state that the due date for the franchise and excise tax return is the 15th day of the 4th month following the period end date. For calendar-year filers with a December 31 year-end, this corresponds to April 15. Citation: https://library.partnertax.ai/us-tn/forms/fae170-instructions?c=1#general-information","$100 minimum franchise tax (Form FAE170) Tennessee imposes a minimum franchise tax of $100 regardless of net worth or income. The franchise tax is computed at $0.25 per $100 or major fraction thereof on the greater of net worth or property measure, but the minimum tax is $100, which applies even on short-period returns (though not below the $100 minimum on those returns). This minimum is stated in the official 2025 Form FAE170 Franchise and Excise Tax Return Instructions, Schedule A. Citation: https://library.partnertax.ai/us-tn/forms/fae170-instructions?c=1#schedule-a-computation-of-franchise-tax","Single sales factor For tax years ending on or after December 31, 2025, Tennessee uses a single sales factor apportionment formula. This represents a transition from the prior three-factor formula (property, payroll, and sales). Citation: https://library.partnertax.ai/us-tn/forms/guide-contractors#apportionment","Combined return for unitary groups of financial institutions; combined return for captive REIT affiliated groups Tennessee requires combined returns for unitary groups of financial institutions under Tenn. Code Ann. § 67-4-2114 and for captive REIT affiliated groups. Citation: https://library.partnertax.ai/us-tn/forms/fae174-instructions#schedule-h-gross-receipts","15-year carryforward, no carryback Tennessee allows net operating losses to be carried forward for up to 15 years or until fully used, whichever occurs first, with no carryback provision stated in the evidence. Citation: https://library.partnertax.ai/us-tn/forms/fae170-instructions?c=1#schedule-u-schedule-of-loss-carryover","The 15th day of the 4th month, the 15th day of the 6th month, the 15th day of the 9th month, and the 15th day of the 1st month of the subsequent taxable year For calendar-year filers, these dates correspond to April 15, June 15, September 15, and January 15 of the following year. Citation: https://library.partnertax.ai/us-tn/forms/fae-manual#estimated-tax-payments","Seven months after the original due date; extension is automatic if the taxpayer anticipates a credit or refund, otherwise must be requested by the original due date with required tax payments Tennessee grants an extension of seven months to file the franchise and excise tax return, provided that by the original due date the taxpayer has made an extension request and remitted franchise and excise tax payments equal to the lesser of 90% of the current year tax liability or 100% of the prior year tax liability. If the taxpayer anticipates a credit or refund, the extension is automatically granted without filing an extension application or making an extension payment. Citation: https://library.partnertax.ai/us-tn/forms/fae-manual?c=1#3-filing-extension","None (no individual income tax) Tennessee does not impose an individual income tax, as stated directly in the evidence. Citation: https://library.partnertax.ai/us-tn/no-tax/individual-income-tax?c=1#summary","None (no individual income tax) Derived from individual_top_bracket_threshold for Tennessee, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-tn/no-tax/individual-income-tax#coverage-and-verification","None Derived from individual_top_bracket_threshold for Tennessee, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-tn/no-tax/individual-income-tax#coverage-and-verification","None Tennessee does not impose an individual income tax, so there is no individual state return and therefore no extension deadline applies. Citation: https://library.partnertax.ai/us-tn/no-tax/individual-income-tax?c=1#summary","None (no estimated payments required) Tennessee does not impose an individual income tax, so no estimated income tax payments are required from individuals. Citation: https://library.partnertax.ai/us-tn/no-tax/individual-income-tax?c=1#summary","None (no individual income tax) Tennessee does not impose an individual income tax. The state imposes a 6.5 percent excise tax measured by net earnings on entities that give their owners limited liability, which is an income-measured tax in everything but name, but this is an entity-level tax, not an individual income tax. Citation: https://library.partnertax.ai/us-tn/no-tax/individual-income-tax?c=1#summary","None (no individual income tax) Tennessee does not impose an individual income tax, verified for tax year 2025 against the Tennessee Department of Revenue's GEN-34, HIT-3, and HIT-1 as published on the Department's help desk, and against the Department's Franchise & Excise Tax Manual. Citation: https://library.partnertax.ai/us-tn/no-tax/individual-income-tax?c=1#summary","None (no individual income tax) Tennessee does not impose an individual income tax, as verified against the Department of Revenue's GEN-34 and other official sources for tax year 2025. Citation: https://library.partnertax.ai/us-tn/no-tax/individual-income-tax?c=1#summary" TX,Texas,"None Texas does not impose an income tax on partnerships or on a partner's distributive share. There is no Texas partnership income tax return, no composite return, no nonresident withholding on distributive shares, and no PTET election — with no individual income tax (constitutionally barred), there is nothing for such machinery to collect. General partnerships owned entirely by natural persons are not taxable entities and file no state return for partnership income. Limited partnerships, limited liability partnerships, and LLCs taxed as partnerships are taxable entities that file franchise tax reports (not partnership income tax returns), which is a different tax regime. Citation: https://library.partnertax.ai/us-tx/no-tax/partnership-income-tax?c=1#summary","May 15 Texas Franchise Tax Report forms (05-169-A, 05-169-F, 05-158-F) show a due date of 05/15/2026 for report year 2026, and Form 05-167-A (Ownership Information Report) shows 5/15/2026. The regulation 34 Tex. Admin. Code § 3.447(1-2) establishes that the due date for all annual reports is January 25th, but the franchise tax forms consistently display May 15th as the filing deadline for the annual franchise tax reports that apply to partnerships taxed as entities under Texas law. Citation: https://library.partnertax.ai/us-tx/forms/05-169-a?c=1#filing-requirements","None (no PTE election) Texas does not impose an income tax on partnerships or on a partner's distributive share, and there is no PTET election. The state's only entity-level tax on partnerships is the franchise (margin) tax, which applies only to certain partnership forms (LPs, LLPs, LLCs taxed as partnerships) and is not an elective pass-through entity tax regime. Citation: https://library.partnertax.ai/us-tx/no-tax/partnership-income-tax?c=1#summary","None (no PTE election) Texas does not impose an income tax on partnerships or on a partner's distributive share, and there is no PTET election available in the state. Citation: https://library.partnertax.ai/us-tx/no-tax/partnership-income-tax?c=1#summary","None (no withholding requirement) Texas does not impose an income tax on partnerships or on a partner's distributive share. There is no nonresident withholding on distributive shares. Citation: https://library.partnertax.ai/us-tx/no-tax/partnership-income-tax#summary","None (no composite return) Texas does not impose an income tax on partnerships or on a partner's distributive share. There is no Texas partnership income tax return, no composite return, no nonresident withholding on distributive shares, and no PTET election. Citation: https://library.partnertax.ai/us-tx/no-tax/partnership-income-tax#summary","None (no minimum annual fee; franchise tax applies based on margin calculation with $1,000 payment threshold) Texas imposes no minimum franchise tax requirement. An entity that calculates tax due of less than $1,000 is not required to pay any tax, though it must still file required reports. The tiered partnership election exception requires payment of any calculated amount regardless of the $1,000 threshold. Citation: https://library.partnertax.ai/us-tx/forms/05-915?c=1#minimum-franchise-tax","November 16 Extension is requested (not automatic). Non-EFT payors must request extension on or before May 15, 2026, and remit at least 90% of tax due or 100% of prior year tax. EFT payors must make extension payment electronically via TEXNET or Webfile. Citation: https://library.partnertax.ai/us-tx/forms/05-915#general-information","None (no state K-1) Texas does not impose an income tax on partnerships or on a partner's distributive share, and there is no Texas partnership income tax return or equivalent K-1 schedule; the partner's share arrives in the partner's hands free of Texas tax. Citation: https://library.partnertax.ai/us-tx/no-tax/partnership-income-tax?c=1#summary","None (no corporate income tax) Derived from corporate_tax_rate for Texas, which cites a source stating the jurisdiction imposes no corporation tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-tx/no-tax/corporate-income-tax#summary","None (no corporate income tax) Derived from corporation_nol_rules for Texas, which cites a source stating the jurisdiction imposes no corporation tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-tx/no-tax/corporate-income-tax#summary","May 15 Texas Franchise Tax Report annual reports are due May 15 of each report year for calendar-year filers. This is the regular (non-extended) due date stated in the official form instructions. Citation: https://library.partnertax.ai/us-tx/forms/05-915?c=1#annual-reports","No minimum tax -- franchise report still required (Form 05-915) Texas franchise tax law imposes no minimum tax requirement. Entities with annualized total revenue at or below the no-tax-due threshold ($2.65 million for 2026 reports) owe no franchise tax but must still file required reports including the Public Information Report or Ownership Information Report. Citation: https://library.partnertax.ai/us-tx/forms/05-915?c=1#minimum-franchise-tax","Single receipts factor Special apportionment formulas apply to margin derived from regulated investment company services and employee retirement plan services. Citation: https://library.partnertax.ai/us-tx/regs/3.591#c","Mandatory unitary combined reporting Taxable entities that are part of an affiliated group engaged in a unitary business must file a combined group report in lieu of individual reports under Tex. Tax Code § 171.1014(a). The statute uses the mandatory language 'shall file' and defines the operative regime as combined reporting of unitary businesses. Citation: https://library.partnertax.ai/us-tx/stat/171.1014?c=1#a","None (no corporate income tax) Texas does not impose a corporate income tax. The franchise (margin) tax applies to corporations instead. There is no corporate NOL regime under Texas law. Citation: https://library.partnertax.ai/us-tx/no-tax/corporate-income-tax#summary","None (no corporate income tax) Derived from corporation_nol_rules for Texas, which cites a source stating the jurisdiction imposes no corporation tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-tx/no-tax/corporate-income-tax#summary","November 16 For non-EFT payors, the extension for an annual franchise tax report is through Nov. 16, 2026, and is granted if the extension request is timely made and payment requirements are met (at least 90% of tax due or 100% of prior year tax reported as due). Citation: https://library.partnertax.ai/us-tx/forms/05-915?c=1#extension-of-time-to-file-non-eft","None (no individual income tax) Texas does not impose an individual income tax. There is no Texas individual income tax return to file. Citation: https://library.partnertax.ai/us-tx/no-tax/individual-income-tax#coverage-and-verification","None (no individual income tax) Derived from individual_filing_form for Texas, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-tx/no-tax/individual-income-tax#coverage-and-verification","None Derived from individual_filing_form for Texas, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-tx/no-tax/individual-income-tax#coverage-and-verification","None Derived from individual_filing_form for Texas, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-tx/no-tax/individual-income-tax#coverage-and-verification","None (no individual income tax) Derived from individual_filing_form for Texas, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-tx/no-tax/individual-income-tax#coverage-and-verification","None (no standard deduction; Texas does not impose an individual income tax) Texas does not impose an individual income tax. Therefore, there is no state standard deduction for individual filers. Citation: https://library.partnertax.ai/us-tx/no-tax/individual-income-tax#coverage-and-verification","None (no individual income tax) Derived from individual_filing_form for Texas, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-tx/no-tax/individual-income-tax#coverage-and-verification","None (no individual income tax) Derived from individual_filing_form for Texas, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-tx/no-tax/individual-income-tax#coverage-and-verification" UT,Utah,"TC-65 Utah Partnership / Limited Liability Partnership / Limited Liability Company Return Citation: https://library.partnertax.ai/us-ut/forms/tc-65-inst#where-to-file","April 15 If the due date falls on a Saturday, Sunday or legal holiday, the due date is the next business day. Citation: https://library.partnertax.ai/us-ut/forms/tc-65-inst#where-to-file","4.5% Utah imposes a 4.5 percent withholding tax on pass-through entity taxpayers. This is a mandatory withholding rate, not an elective PTE tax. The rate applies to all Utah business and nonbusiness income derived from or connected with Utah sources attributable to pass-through entity taxpayers. Citation: https://library.partnertax.ai/us-ut/forms/tc-65-inst#pass-through-entity-withholding","On or before December 31 of the tax year Payments must be made on or before December 31 in order to count for the current tax year. Any payments made after the due date of a given year will be disallowed. Citation: https://library.partnertax.ai/us-ut/forms/tc-75-inst#general-instructions","4.5% on distributive income of nonresident partners and other pass-through entity taxpayers; withholding can be waived if all downstream entities and taxpayers file and pay tax by the partnership's return due date, including extensions Utah requires partnerships to withhold 4.5% on distributive income of nonresident individual partners, resident and nonresident business partners, and resident and nonresident trust or estate partners (collectively 'pass-through entity taxpayers'), unless the partner is exempt or a waiver is granted. The partnership may request a waiver of withholding tax for all or selected partners who filed and paid tax on the Utah income from the partnership on or before the partnership's return due date, including extensions. Citation: https://library.partnertax.ai/us-ut/forms/tc-65-inst?c=1#requirements",—,"None (no entity-level tax; informational return only) Utah does not impose an entity-level income tax on partnerships. Partnerships must file an informational return (TC-65) and withhold tax on behalf of certain pass-through entity taxpayers, but no annual fee or minimum tax is imposed on the partnership itself. Citation: https://library.partnertax.ai/us-ut/forms/tc-65-inst#what-s-new","September 15 The extension is automatic and does not require filing an extension form. This is not an extension of time to pay taxes, only to file the return. Pass-through withholding tax must be paid by the original due date without regard to extensions. Citation: https://library.partnertax.ai/us-ut/forms/tc-65-inst#where-to-file","Utah Schedule K-1 Utah partnerships issue Utah Schedule K-1 to each partner reporting that partner's share of income, losses, deductions, and credits. This is the state's equivalent to the federal Schedule K-1. Citation: https://library.partnertax.ai/us-ut/forms/tc-65-inst#where-to-file","TC-20 TC-20 is the Utah Corporation Franchise & Income Tax Return form filed by C corporations for tax year 2025. Citation: https://library.partnertax.ai/us-ut/forms/tc-20-inst#where-to-file","4.45% Utah Code § 59-7-104(2) and § 59-7-201(2) both state the tax rate as 4.45% of a corporation's Utah taxable income. Citation: https://library.partnertax.ai/us-ut/stat/59-7-104#2","April 15 If the due date falls on a Saturday, Sunday or legal holiday, the due date becomes the next business day. Citation: https://library.partnertax.ai/us-ut/forms/tc-20-inst#where-to-file","$100 minimum tax (TC-20) Utah Code § 59-7-201(3) and § 59-7-104(3) establish that the minimum tax a C corporation must pay is $100, regardless of income. This minimum applies to every C corporation incorporated in Utah (domestic), qualified in Utah (foreign), or doing business in Utah, and is paid with the TC-20 return (Utah Corporation Franchise & Income Tax Return). Citation: https://library.partnertax.ai/us-ut/forms/tc-20-inst?c=1#franchise-tax","Single sales factor or equally-weighted three-factor (property, payroll, sales) depending on taxpayer qualification Sales factor weighted taxpayers must use single sales factor. Optional apportionment taxpayers may choose between equally-weighted three-factor formula or sales factor formula, but if they choose sales factor, they must use it in the next tax year. Citation: https://library.partnertax.ai/us-ut/forms/tc-20-inst#pass-through-entity-taxpayers","Mandatory unitary combined reporting Utah requires affiliated corporate groups engaged in unitary business activity to file a combined report. Water's edge and worldwide combined reporting methods are available as alternatives to the default unitary combined reporting requirement. Corporations may elect to file a water's edge combined report if each member is doing business in Utah, part of the same affiliated group, and qualified under IRC §1501 to file a federal consolidated return. Alternatively, a unitary group may elect to file a worldwide combined report. Citation: https://library.partnertax.ai/us-ut/forms/tc-20-inst#where-to-file","Carryforward allowed; losses may not exceed 80% of Utah taxable income; no carryback Utah treats net operating losses the same as the federal return for carryback purposes. Citation: https://library.partnertax.ai/us-ut/forms/tc-20-inst#line-16-utah-net-loss-carried-forward-from-prior-years-from-","15th day of the 4th, 6th, 9th and 12th months For calendar-year filers, this corresponds to April 15, June 15, September 15, and December 15. Citation: https://library.partnertax.ai/us-ut/forms/tc-20-inst#where-to-file","October 15 This is an extension of time to file the return only, not an extension of time to pay taxes. Prepayment requirements must be met by the original return due date to avoid penalty. Citation: https://library.partnertax.ai/us-ut/forms/tc-20-inst#where-to-file","TC-40 TC-40 is the Utah Individual Income Tax return form that resident individuals file for tax year 2025, as identified in the title and throughout the instructions and form packet. Citation: https://library.partnertax.ai/us-ut/forms/tc-40-fullpacket?c=1#qualifying-dependents-2","4.5% (flat rate) Utah applies a flat individual income tax rate of 4.5% to all taxable income for tax year 2025, as established by HB 106 passed by the 2025 Utah Legislature, lowering the rate from the prior 4.55%. Citation: https://library.partnertax.ai/us-ut/forms/tc-40-fullpacket?c=1#what-s-new","April 15 If the due date falls on a Saturday, Sunday or legal holiday, the due date is the next business day. Citation: https://library.partnertax.ai/us-ut/forms/tc-40-inst#who-must-file","October 15 Automatic extension; no extension form required. Prepayment requirements must be met to avoid penalties. Citation: https://library.partnertax.ai/us-ut/forms/tc-40-inst#who-must-file","None (no estimated payments required) Utah explicitly does not require quarterly estimated tax payments for individuals. Taxpayers may prepay voluntarily at any time. Citation: https://library.partnertax.ai/us-ut/forms/tc-40-fullpacket#who-must-file","$15,750 Utah uses a personal exemption system rather than a universal standard deduction. However, the TC-40 form instructions for 2025 specify that for a single filer, the standard deduction amount to enter in the Qualified Exempt Taxpayer Worksheet is $15,750. Citation: https://library.partnertax.ai/us-ut/forms/tc-40-inst#filing-status-2","Flat rate (applies to all taxable income) Utah imposes a single flat tax rate of 4.5% on all taxable income for individuals, with no progressive brackets or top bracket threshold. Citation: https://library.partnertax.ai/us-ut/forms/tc-40-fullpacket#ustc-original-form","TC-40 with TC-40B Nonresident or part-year resident individuals file TC-40 (the resident form) with TC-40B, the Non or Part-year Resident Schedule, which is required to calculate Utah tax for nonresidents and part-year residents. Citation: https://library.partnertax.ai/us-ut/forms/tc-40-fullpacket?c=1#residency-2" VT,Vermont,"Form BI-471 Partnerships and LLCs taxed as partnerships file Form BI-471, Vermont Business Income Tax Return. Form BI-476 is an alternative simplified form available only for entities with all Vermont resident individual/trust owners and no additional tax due beyond the minimum $250 tax. Citation: https://library.partnertax.ai/us-vt/forms/bi-471-business-income-instructions#who-must-file","March 15 Vermont partnership returns (filed on Form BI-471) follow the due date prescribed under the Internal Revenue Code. The regular (non-extended) due date is March 15 for calendar year filers, or the 15th day of the third month following the close of the fiscal year for fiscal year filers. Citation: https://library.partnertax.ai/us-vt/forms/bi-471-business-income-instructions#general-instructions","None (no PTE election) Vermont maintains pass-through tax treatment for partnerships, S corporations, and LLCs, but does not offer an elective pass-through entity (PTE) tax. Pass-through income is taxed to the owners at individual rates. The entity pays only a $250 minimum annual tax. For nonresident owners, the entity must make estimated payments at the second lowest marginal individual income tax rate (6.6% for tax years 2018 forward), but this is a withholding obligation, not an elective entity-level tax regime. Citation: https://library.partnertax.ai/us-vt/no-tax/pass-through-entity-tax#department-description","None (no PTE election) Vermont has not adopted an elective pass-through entity tax. Pass-through income is taxed to the owners, not at the entity level. The state imposes a $250 minimum entity tax and collects tax for nonresident owners, but these are not elective PTE taxes. Citation: https://library.partnertax.ai/us-vt/no-tax/pass-through-entity-tax#summary","6.6% on distributions to nonresident partners' income attributable to Vermont; alternatively, composite tax at 7.6% rate if entity files composite return Vermont requires partnerships to make estimated tax payments on behalf of nonresident partners at the second lowest marginal individual income tax rate of 6.6% on the partner's pro rata share of income attributable to Vermont. Alternatively, a partnership with more than 50 nonresident partners must file a composite return and pay composite tax at the second-highest marginal rate of 7.6%. Partnerships with 50 or fewer nonresident partners may elect composite filing. Payments are made using Form WH-435 or may be included in a composite return filed on behalf of nonresident partners. Citation: https://library.partnertax.ai/us-vt/forms/bi-471-business-income-instructions?c=1#estimated-taxes","Yes, elective (Form BI-473); mandatory for entities with more than 50 nonresident partners or members Vermont permits partnerships and LLCs to file composite returns on behalf of nonresident partners or members. An election for composite filing is binding for five years. Composite returns are mandatory for any entity with more than 50 nonresident partners or members, which must include all such nonresident owners. The composite return is filed using Schedule BI-473 (Vermont Composite Income Tax Schedule) as part of Form BI-471 (Vermont Business Income Tax Return). Composite tax is calculated at 7.6% (the second highest marginal personal income tax rate). Citation: https://library.partnertax.ai/us-vt/forms/bi-471-business-income-instructions?c=1#composite-returns","$250 annual tax (Form BI-471 or Form BI-476) Vermont imposes a minimum annual entity tax of $250 on partnerships and limited liability companies taxed as partnerships, due on or before the original due date of the federal return. The tax applies to all such entities engaging in Vermont activities, subject to limited exceptions for investment clubs with assets not exceeding $20,000 and income not exceeding $5,000, and for partnerships electing not to be taxed as partnerships under IRC § 761 or Check-the-Box Regulations. Citation: https://library.partnertax.ai/us-vt/stat/151-5921?c=1","October 15 Extension is not automatic; entities must file Form BA-403 by the original return due date to request the extension. An extension of time to file does not extend the time to pay the tax due. Citation: https://library.partnertax.ai/us-vt/forms/bi-471-business-income-instructions#general-instructions","Schedule K-1VT Vermont requires partnerships and LLCs taxed as partnerships to issue Schedule K-1VT to each partner or member reporting that partner's or member's share of income and other tax items. The schedule is required to be included with Form BI-471 (Business Income Tax Return). Citation: https://library.partnertax.ai/us-vt/forms/k-1vt#vermont-shareholder-partner-or","Form CO-411 Form CO-411 is the Vermont Corporate Income Tax Return that C corporations must file. The instructions state: 'Every Corporation must file Form CO-411 if: It was registered with the Secretary of State during the tax year; or It was incorporated under the law of the State of Vermont; or It had any business activity or received any income, positive or negative, allocable or apportionable to Vermont.' The form accommodates both standalone corporations and combined reporting for unitary groups. Citation: https://library.partnertax.ai/us-vt/forms/co-411-corporate-instructions?c=1#who-must-file","8.50% Vermont uses graduated corporate income tax rates. The top rate of 8.50% applies to Vermont net income over $25,000. For income $10,000 or less, the rate is 6.0%; for income $10,001 to $25,000, the rate is 7.0%. Citation: https://library.partnertax.ai/us-vt/forms/co-411-corporate-instructions#tax-computation-schedule","April 15 For calendar-year filers, this corresponds to April 15. The evidence states that returns are due on the date prescribed for filing under the Internal Revenue Code, or the extended due date. The Vermont extended due date is 30 days beyond the federal extended due date. Citation: https://library.partnertax.ai/us-vt/forms/co-411-corporate-instructions#general-instructions","$100–$100,000 based on Vermont Gross Receipts (Form CO-411) Vermont C corporations must pay a minimum tax based on Vermont Gross Receipts, ranging from $100 for receipts of $500,000 or less to $100,000 for receipts over $300,000,000. Exceptions apply: small farm corporations pay $75 minimum (if solely owned by active participants with receipts under $100,000); inactive out-of-state corporations with no Vermont nexus are exempt; homeowners/condominium associations filing federal Form 1120-H are exempt from the minimum tax only. The minimum is due even if the corporation operated at a loss. The minimum tax is reported on Form CO-411 (Vermont Corporate Income Tax Return). Citation: https://library.partnertax.ai/us-vt/forms/co-411-corporate-instructions?c=1#tax-computation-schedule","Single sales factor Effective for tax years starting January 1, 2023, Vermont moved from a three-factor apportionment formula (sales/property/payroll) to a single sales factor formula that considers only sales into the state. Citation: https://library.partnertax.ai/us-vt/forms/co-411-corporate-instructions#preamble","Mandatory unitary combined reporting Taxable corporations that are part of an affiliated group engaged in unitary business are required to file combined reports under 32 V.S.A. § 5862(d), which states they 'shall be treated as a single taxpayer and shall file a group return containing the combined net income of the affiliated group.' Members of a federal consolidated group that are not engaged in unitary business may elect to file a single consolidated Vermont return under 32 V.S.A. § 5862(c), but unitary groups must file combined reports. Citation: https://library.partnertax.ai/us-vt/forms/co-411-corporate-instructions?c=1#affiliated-groups-of-corporations-engaged-in-unitary-busines","10-year carryforward, no carryback Vermont Net Operating Loss (VNOL) is available to carry forward to offset Vermont net income for 10 years following the loss year, with no carryback allowed. The statute provides that 'The amount of any Vermont net operating loss shall be available to a taxpayer as a carryforward in the 10 years following the loss year.' Citation: https://library.partnertax.ai/us-vt/forms/co-411-corporate-instructions?c=1#net-operating-losses","the 15th day of the 4th, 6th, 9th, and 12th months of the taxable year For calendar-year filers, these dates are April 15, June 15, September 15, and December 15. If the 15th day falls on a weekend or holiday, payment is due on the next business day. A corporation with an expected annual Vermont income tax liability greater than $500 must make estimated payments in four equal installments. Citation: https://library.partnertax.ai/us-vt/forms/co-414-corporate-estimated#instructions-for-filing-vermont-corporate-estimated-tax-paym","October 15 Extension is automatic when a federal extension is filed; Vermont Form BA-403 must be filed by the original due date to request an extension. An extension of time to file does not extend the time to pay tax, which remains due on the original due date. Citation: https://library.partnertax.ai/us-vt/forms/co-411-corporate-instructions#general-instructions","Form IN-111 The primary state personal income tax return form for resident individuals in Vermont for tax year 2025. Citation: https://library.partnertax.ai/us-vt/forms/in-111-income-booklet#general-instructions","8.75% (top bracket rate) Vermont uses graduated tax brackets for individual income tax. The 2025 tax rate schedules show the highest marginal rate of 8.75% applies to taxable income over $249,700 for single filers, over $152,000 for married filing separately, over $304,000 for married filing jointly, and over $276,850 for heads of household. Citation: https://library.partnertax.ai/us-vt/forms/in-111-income-booklet?c=1#2025-vermont-tax-rate-schedules","April 15 April 15, 2026 Citation: https://library.partnertax.ai/us-vt/forms/in-111-income-booklet#general-instructions","October 15 Vermont accepts the federal extension automatically. No separate Vermont extension form (IN-151) is required unless making an extension payment. The extended due date for filing is October 15, 2026 for tax year 2025. Citation: https://library.partnertax.ai/us-vt/forms/in-111-income-booklet#general-instructions","April 15, June 15, September 15, January 15 For tax year 2025, individual estimated income tax payments are due quarterly on these dates. The statute (32 V.S.A. § 5852) specifies payments on April 15, June 15, and September 15 of the taxable year, and January 15 of the following taxable year. Citation: https://library.partnertax.ai/us-vt/stat/151-5852#a","$7,650 Standard deduction for single filers for tax year 2025. Vermont also provides an additional deduction of $1,250 for each standard deduction box checked on the federal Form 1040 for those born before Jan. 2, 1961, or who are blind. Citation: https://library.partnertax.ai/us-vt/forms/in-111-income-booklet#vermont-residency-status","over 249,700 For single filers, the top marginal rate of 8.75% begins at taxable income over $249,700. Citation: https://library.partnertax.ai/us-vt/forms/in-111-income-booklet#new-construction","Form IN-111 with Schedule IN-113 Nonresidents and part-year residents file Form IN-111 (Vermont Income Tax Return) and must complete Schedule IN-113 (Vermont Income Adjustment Calculations) to determine the allocation of Vermont income. The evidence states: 'You must file Schedule IN-113 if you are either: • a nonresident or part-year resident and earned or received Vermont income' and 'Nonresidents and Part-Year Residents Must Complete Parts I and II' of Schedule IN-113. Citation: https://library.partnertax.ai/us-vt/forms/in-111-income-booklet?c=1#who-must-file-in-113" VA,Virginia,"Form 502 Form 502 is Virginia's Pass-Through Entity Income Tax Return filed by partnerships. The evidence identifies it as ""502 — Instructions for Form 502 — Pass-Through Entity Income Tax Return"" and describes it as the form PTEs (pass-through entities including partnerships) use to report income and modifications. Citation: https://library.partnertax.ai/us-va/forms/form-502?c=1#schedule-vk-1-consolidated","15th day of the fourth month (April 15 for calendar-year filers) maintainer-verified citation (admin drawer offline); grounded in already-ingested library text Citation: https://library.partnertax.ai/us-va/stat/58.1-392#A","5.75% Virginia imposes an elective pass-through entity tax at a rate of 5.75% on the pro rata or distributive share of income, gain, loss, or deduction attributable to eligible owners for taxable years beginning on and after January 1, 2021, but before January 1, 2027, which includes tax year 2025. Citation: https://library.partnertax.ai/us-va/stat/58.1-390.3?c=1#B","On or before the due date for filing Form 502PTET, including any automatic extensions allowed For taxable years beginning on and after 2023, the election can also be made by making an estimated payment of PTET, making an extension payment of PTET, or filing Form 502PTET on or before the extended due date. Citation: https://library.partnertax.ai/us-va/forms/form-502ptet#general-information","5% of the share of taxable income from Virginia sources that is allocable to each nonresident owner Withholding can be waived if the PTE or owner meets an exception, including: publicly traded partnerships, disregarded entities, composite returns filed on behalf of all nonresident owners, PTEs owning and leasing 4 or fewer dwelling units, or if the PTE demonstrates undue hardship. Citation: https://library.partnertax.ai/us-va/forms/form-502#general-information","Yes, elective (Form 765) A partnership, S corporation, LLC, or any other type of pass-through entity that transacts business in Virginia and has 2 or more nonresident individual owners may file a composite nonresident individual income tax return on behalf of its qualified nonresident individual owners who elect to participate. Citation: https://library.partnertax.ai/us-va/forms/form-765#general-instructions",—,"6 months after the due date for filing Form 502 or 30 days after the extended due date for filing the federal income tax return, whichever is later Automatic extension; no application required Citation: https://library.partnertax.ai/us-va/forms/form-502#how-to-file","Schedule VK-1 Virginia partnerships issue Schedule VK-1 to each partner reporting their share of income. The state also provides a consolidated version called Schedule VK-1 Consolidated. Citation: https://library.partnertax.ai/us-va/forms/form-502#schedule-vk-1-consolidated","Form 500 Form 500 is the Corporation Income Tax Return that C corporations file with Virginia. The evidence identifies it as 'Form 500 — Corporation Income Tax Return' and the instructions confirm corporations must file this form to report Virginia corporate income tax liability. Citation: https://library.partnertax.ai/us-va/forms/form-500?c=1#income","6% Virginia imposes a flat corporate income tax rate of 6% on Virginia taxable income for all corporations organized under Virginia law and foreign corporations with Virginia-source income. Citation: https://library.partnertax.ai/us-va/stat/58.1-400?c=1","April 15 For nonprofit corporations, the due date is the 15th day of the 6th month following the close of the taxable year. Citation: https://library.partnertax.ai/us-va/forms/form-500#general-information",—,"Three-factor (property, payroll, double-weighted sales) Virginia uses a three-factor apportionment formula for general corporations, where the sales factor is weighted 50% and payroll and property are each weighted 25%, as stated in the Form 500 instructions: 'A double-weighted sales factor is used for corporate apportionment. Under this formula, the sales factor is weighted 50% and payroll and property are both weighted 25% in determining the overall corporate income apportionment factor.' This is the standard method for multistate C corporations not subject to special apportionment rules. Citation: https://library.partnertax.ai/us-va/forms/form-500?c=1#multistate-corporations","Elective consolidated or combined (otherwise separate) Affiliated corporations in Virginia have the option to file a consolidated or combined return instead of filing separate returns. Evidence e9 states: 'Affiliated corporations that are subject to Virginia income taxes have the option to file a consolidated or combined return instead of filing separate returns.' The initial election is binding; subsequent changes require Department permission under Va. Code § 58.1-442. Citation: https://library.partnertax.ai/us-va/forms/form-500?c=1#consolidated-or-combined-returns","Federal NOL rules apply; Virginia has no separate NOL regime. Carryback and carryforward periods follow federal law under IRC § 172(b). Virginia deconforms from the five-year carryback for NOLs generated in 2008 or 2009 taxable years. Virginia law has no provision for a separate state net operating loss deduction. Instead, 'an NOLD is allowable for Virginia purposes only to the extent that the NOLD is allowed as a deduction in computing federal taxable income.' For Virginia purposes, 'a net operating loss deduction is allowed only to the extent that it is allowed in computing federal adjusted gross income. Therefore, it must be carried back or carried forward to the same year as for federal income tax purposes.' However, Virginia deconforms from 'the five-year carryback of certain federal net operating loss (NOL) deductions generated in the 2008 or 2009 taxable years,' meaning those specific NOLs cannot be carried back five years under Virginia law even though they may be under federal law. Citation: https://library.partnertax.ai/us-va/regs/10-120-100?c=1#5","April 15, June 15, September 15, December 15 For calendar-year filers. Each payment is 25% of estimated tax due. Citation: https://library.partnertax.ai/us-va/forms/form-500#how-to-file","November 16 For C corporations. The extension is automatic. Nonprofit corporations and entities other than C corporations receive a 6-month extension. Payment of at least 90% of tax due is required by the original due date. Citation: https://library.partnertax.ai/us-va/forms/form-500#how-to-file","Form 760 Form 760 is the Resident Individual Income Tax Return for Virginia. The evidence identifies it as ""760 — Instructions for Form 760 — Resident Individual Income Tax Return"" and contains detailed line-by-line instructions for resident individuals filing their Virginia income tax returns for the 2025 taxable year. Citation: https://library.partnertax.ai/us-va/forms/form-760?c=1#schedule-adj-line-instructions","5.75% (top bracket rate) Virginia uses a graduated tax bracket system with four brackets. The top marginal rate of 5.75% applies to taxable income over $17,000. Citation: https://library.partnertax.ai/us-va/forms/form-760#tax-rate-schedule","May 1 Virginia regulation 23VAC10-110-240(A) establishes that calendar year individual income tax returns must be filed ""on or before May 1 of the year following the close of the taxable year."" Citation: https://library.partnertax.ai/us-va/regs/10-110-240?c=1#A","November 1 Virginia law provides an automatic 6-month filing extension for income tax returns with no application required. For calendar year filers with an original due date of May 1, the extended deadline is November 1. The extension is for filing the return only; at least 90% of tax must be paid by the original due date to avoid penalty. Citation: https://library.partnertax.ai/us-va/forms/form-760?c=1#when-to-file-your-return","May 1, June 15, September 15, January 15 These are the quarterly estimated tax payment due dates for individuals with a calendar year (January 1 - December 31) taxable year. The dates are listed in payment order as stated in the evidence. Citation: https://library.partnertax.ai/us-va/forms/form-760py#addition-to-tax-penalty-and-interest","$8,750 For tax year 2025, legislation enacted during the 2025 General Assembly session increased the standard deduction for single filers from $8,500 to $8,750. This increase is scheduled to sunset after Taxable Year 2026. Citation: https://library.partnertax.ai/us-va/stat/58.1-322.03#1","over $17,000 Virginia has a progressive tax rate structure with the top marginal rate of 5.75% applying to taxable income over $17,000. Citation: https://library.partnertax.ai/us-va/forms/form-760#tax-rate-schedule","Form 763 Form 763 is the Nonresident Individual Income Tax Return filed by nonresident individuals in Virginia for the 2025 tax year, as identified in the title and instructions document. Citation: https://library.partnertax.ai/us-va/forms/form-763?c=1#age-65-and-older-income-based-deduction-worksheet" WA,Washington,"None Washington imposes no tax on partnership net income and requires no partnership income tax return. Citation: https://library.partnertax.ai/us-wa/no-tax/partnership-income-tax#no-entity-level-income-tax","None Derived from partnership_filing_form for Washington, which cites a source stating the jurisdiction imposes no partnership tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wa/no-tax/partnership-income-tax#no-entity-level-income-tax","None (no PTE election) Washington imposes no pass-through entity tax election for tax year 2025. The evidence states there is 'no pass-through entity tax election — for tax year 2025 there is no broad Washington income tax for such a regime to collect or to credit against.' Citation: https://library.partnertax.ai/us-wa/no-tax/partnership-income-tax#no-entity-level-income-tax","None (no partnership income tax) Derived from partnership_filing_form for Washington, which cites a source stating the jurisdiction imposes no partnership tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wa/no-tax/partnership-income-tax#no-entity-level-income-tax","No nonresident withholding on distributive shares Washington imposes no tax on partnership net income and requires no partnership income tax return. There is no Washington composite return, no nonresident withholding on distributive shares, and no pass-through entity tax election for tax year 2025. Citation: https://library.partnertax.ai/us-wa/no-tax/partnership-income-tax#no-entity-level-income-tax","None (no composite return) Washington imposes no tax on partnership net income and requires no partnership income tax return. There is no Washington composite return. Citation: https://library.partnertax.ai/us-wa/no-tax/partnership-income-tax#no-entity-level-income-tax","None (no entity-level tax; informational return only) Washington imposes no tax on partnership net income and requires no partnership income tax return. The state taxes the partnership on gross receipts under the business and occupation tax, not on partnership income at the entity level. Citation: https://library.partnertax.ai/us-wa/no-tax/partnership-income-tax?c=1#no-entity-level-income-tax","None Derived from partnership_filing_form for Washington, which cites a source stating the jurisdiction imposes no partnership tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wa/no-tax/partnership-income-tax#no-entity-level-income-tax","None (no partnership income tax) Derived from partnership_filing_form for Washington, which cites a source stating the jurisdiction imposes no partnership tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wa/no-tax/partnership-income-tax#no-entity-level-income-tax","None (no corporate income tax) Washington does not impose a corporate income tax and requires no corporate income tax return. Instead, Washington taxes corporations under the business and occupation (B&O) tax on gross receipts. Citation: https://library.partnertax.ai/us-wa/no-tax/corporate-income-tax?c=1#summary","None (no corporate income tax) Derived from corporation_filing_form for Washington, which cites a source stating the jurisdiction imposes no corporation tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wa/no-tax/corporate-income-tax#filing-consequences","April 15 This is the due date for annual filers under Washington's excise tax system. Washington does not have a corporate income tax; instead, it uses a Business & Operations Tax (B&O tax) system based on excise taxes. The due date applies to annual excise tax returns for calendar-year filers. Citation: https://library.partnertax.ai/us-wa/stat/82.32.045#preamble","No minimum -- B&O tax applies to all corporations with substantial nexus (no corporate income tax) Washington imposes no corporate income tax or franchise tax on net income. Instead, all corporations with substantial nexus in Washington are subject to the Business and Occupation (B&O) tax, a gross receipts tax measured on value of products, gross proceeds of sales, or gross income. The B&O tax has no stated minimum amount; it is owed on gross receipts regardless of profitability. The evidence shows Washington's tax structure contains no corporate income or franchise tax minimum. Citation: https://library.partnertax.ai/us-wa/no-tax/corporate-income-tax?c=1#no-corporate-income-tax","Single factor receipts Financial institutions use a receipts factor only, as specified in WAC 458-20-19404. Citation: https://library.partnertax.ai/us-wa/regs/458-20-19402#i","None (no corporate income tax) Washington does not impose a corporate income tax. The absence of a corporate income tax means Washington has no combined or consolidated corporate income tax reporting. Citation: https://library.partnertax.ai/us-wa/no-tax/corporate-income-tax#filing-consequences","None (no corporate income tax) Washington does not impose a corporate income tax. A Washington corporation carries no state net operating loss because there is no corporate income tax. Citation: https://library.partnertax.ai/us-wa/no-tax/corporate-income-tax#filing-consequences","None (no estimated payments required) Washington does not impose a corporate income tax, and therefore corporations do not file corporate income tax returns or make corporate estimated income tax payments. Citation: https://library.partnertax.ai/us-wa/no-tax/corporate-income-tax?c=1#summary","None (no corporate income tax) Derived from corporation_filing_form for Washington, which cites a source stating the jurisdiction imposes no corporation tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wa/no-tax/corporate-income-tax?c=1#summary","None (no individual income tax) Washington imposes no broad individual income tax for tax year 2025. However, Washington does impose a capital gains excise tax on individuals (7% plus an additional 2.90% on gains above $1,000,000 beginning January 1, 2025), and has enacted a 9.90% income tax effective January 1, 2028 with first returns due in 2029. For tax year 2025 specifically, there is no primary state personal income tax return form for resident individuals. Citation: https://library.partnertax.ai/us-wa/no-tax/individual-income-tax#what-washington-does-impose","None (no individual income tax) Derived from individual_filing_form for Washington, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wa/no-tax/individual-income-tax#what-washington-does-impose","None Derived from individual_filing_form for Washington, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wa/no-tax/individual-income-tax#what-washington-does-impose","None Derived from individual_filing_form for Washington, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wa/no-tax/individual-income-tax#what-washington-does-impose","None (no individual income tax) Derived from individual_filing_form for Washington, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wa/no-tax/individual-income-tax#what-washington-does-impose","None (no individual income tax) Derived from individual_filing_form for Washington, which cites a source stating the jurisdiction imposes no individual tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wa/no-tax/individual-income-tax#what-washington-does-impose","None (no individual income tax) Derived from individual_filing_form for Washington, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wa/no-tax/individual-income-tax#what-washington-does-impose","None (no individual income tax) Derived from individual_filing_form for Washington, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wa/no-tax/individual-income-tax#what-washington-does-impose" WV,West Virginia,"Form PTE-100 West Virginia requires partnerships to file the Pass-Through Entity Tax Return, Form PTE-100, as stated in the instructions document title and throughout the filing guidance for partnerships. Citation: https://library.partnertax.ai/us-wv/forms/pte-100-instructions?c=1#who-must-file","March 15 Fiscal and 52/53-week returns are due on the 15th day of the third month following the close of the taxable year. Citation: https://library.partnertax.ai/us-wv/forms/pte-100-instructions#contents","4.82% West Virginia imposes a withholding tax on pass-through entity source income at this rate for 2025, applied to electing partnerships and S corporations under the PTE-100 regime. Citation: https://library.partnertax.ai/us-wv/forms/pte-100-instructions?c=1#tax-rates","on or before the deadline to file the return West Virginia Code § 11-21-3A(h) and (j) specify that a pass-through entity must file the PTE election 'on or before the deadline to file the return.' For 2025, the PTE-100 instructions confirm the annual return due date is March 15 with an extended due date of September 15. Citation: https://library.partnertax.ai/us-wv/stat/11-21-3A#h","6.5% on nonresident partners' distributive shares of effectively connected taxable income derived from or attributable to West Virginia sources; withholding may be waived if the nonresident partner provides a written agreement (Form NRW-4) to the partnership, or if the partnership files a composite return on behalf of nonresident partners. W. Va. Code § 11-21-71A(b) requires partnerships to withhold tax equal to 'six and one-half percent of the effectively connected taxable income' allocable to nonresident partners for taxable years commencing on or after January 1, 2008. Section 11-21-71A(k) permits waiver of withholding upon receipt of a written agreement from the nonresident partner. Section 11-21-71A(d)(1)(C) and PTE-100 instructions establish that composite returns filed under § 11-21-51a constitute an alternative withholding mechanism for nonresident partners. Citation: https://library.partnertax.ai/us-wv/stat/11-21-71A?c=1#b","Yes, elective (Form IT-140NRC) Nonresident individuals who are partners in a partnership may elect to be included on a nonresident composite return filed by the partnership. The form is IT-140NRC, and a $50 processing fee is required. Citation: https://library.partnertax.ai/us-wv/forms/it-140-booklet?c=1#special-nonresidents","$25 (limited partnerships) W. Va. Code 11-12C-5 charges every domestic and foreign limited partnership a $25 annual fee for the Secretary of State's services as attorney-in-fact, due at initial registration and every year after, collected with the Article 12C return. General partnerships are outside the provision and owe no annual fee. Entity-cost scoped, matching the DE $400 and CA $800 treatment. Maintainer-verified against code.wvlegislature.gov (admin drawer offline). NOTE: the published cell it replaces read 'None (no partnership income tax)', which is wrong on its face -- West Virginia does tax income and partnerships file the PTE-100. Citation: https://library.partnertax.ai/us-wv/stat/11-12C-5","A federal extension automatically applies to the West Virginia return A state extension may be requested even without a federal extension if Form PTE-100EXT is filed on time. An extension to file does not extend time to pay. Citation: https://library.partnertax.ai/us-wv/forms/pte-100-instructions#extension-of-time-to-file","Schedule K-1 West Virginia Schedule K-1 is the state schedule that partnerships issue to each partner reporting that partner's distributive share of income, gains, losses, modifications and credits. Evidence e10 states: 'West Virginia Schedule K-1 provides a reporting mechanism for a pass through entity to report the distributive share of gains, losses, modifications and credits of owners (i.e. partners, shareholders, members, etc.)' Citation: https://library.partnertax.ai/us-wv/forms/pte-100-instructions?c=1#general","CIT-120 Form CIT-120 is the West Virginia Corporation Net Income Tax return form filed by C corporations for tax year 2025. Citation: https://library.partnertax.ai/us-wv/forms/cit-120-instructions#full","6.5% West Virginia imposes a Corporation Net Income Tax at the rate of 6.5% on the taxable income of domestic and foreign corporations for tax year 2025. Citation: https://library.partnertax.ai/us-wv/forms/cit-120-instructions?c=1#corporation-net-income-tax","April 15 For calendar-year filers, West Virginia Corporation Net Income Tax annual returns are due on April 15, with an extended due date of October 15. Citation: https://library.partnertax.ai/us-wv/forms/cit-120-instructions?c=1#important-information-for-2025","None (no minimum tax stated in the corporate return instructions) West Virginia imposes a Corporation Net Income Tax at a rate of 6.5% on taxable income. The CIT-120 instructions show the tax computation as: taxable income multiplied by the 6.5% rate, with credits applied. No minimum tax, floor, or fixed-dollar charge appears in the corporate return instructions or the tax computation authority. Citation: https://library.partnertax.ai/us-wv/forms/cit-120-instructions#full","Single sales factor For tax years beginning on or after January 1, 2022, West Virginia corporations apportion business income using only the sales factor. The statute states: ""for tax years beginning on or after January 1, 2022, all net income, after deducting those items specifically allocated under subsection (d) of this section, shall be apportioned to this state by multiplying the net income by the sales factor described in this subsection."" Special single-factor formulas apply to motor carriers (vehicle miles) and financial organizations (gross receipts). Citation: https://library.partnertax.ai/us-wv/stat/11-24-7?c=1#e","Mandatory unitary combined reporting Corporations that are members of the same unitary business group must file a combined report including all required information of every business engaging in the unitary business with the corporation, either with each member's separate return or by electing to designate a corporation as surety and file a combined return. Citation: https://library.partnertax.ai/us-wv/forms/cit-120-instructions?c=1#general-information-2","Indefinite carryforward for NOLs generated after 2017 (limited to 80% of taxable income); no carryback allowed except up to $300,000 from losses beginning after December 31, 1992 West Virginia NOL rules distinguish between pre-2018 and post-2017 losses. NOLs generated in periods after 2017 can be carried forward indefinitely, but are limited to 80% of taxable income starting in the 2018 taxable year. The NOL deduction cannot reduce taxable income below zero. For carryback, no more than $300,000 of net operating loss from any taxable year beginning after December 31, 1992, may be carried back to any previous taxable year. Pre-2018 NOL rules remain unchanged. Citation: https://library.partnertax.ai/us-wv/stat/11-24-6#d","the 15th day of the fourth, sixth, ninth, and twelfth months of the tax year West Virginia requires corporations with expected taxable income exceeding $10,000 (tax liability after credits exceeding $650) to make estimated Corporation Net Income Tax payments in four equal installments on these dates. Citation: https://library.partnertax.ai/us-wv/forms/cit-120-instructions?c=1#estimated-taxes","October 15 Extension is automatic when a federal extension is obtained; a state extension may also be obtained independently even without a federal extension. Citation: https://library.partnertax.ai/us-wv/forms/it-140-booklet#application-for-extension-of-time-to-file-w","Form IT-140 Form IT-140 is the primary West Virginia personal income tax return form for resident individuals, as identified in the instructions booklet which states 'FORM IT-140 INSTRUCTIONS' and 'The due date for filing your 2025 West Virginia Personal Income Tax return is April 15, 2026'. Citation: https://library.partnertax.ai/us-wv/forms/it-140-booklet?c=1#tax-division-processing-and-procedures","4.82% (top bracket rate) W. Va. Code § 11-21-4I applies to taxable years beginning on and after January 1, 2025, and establishes graduated tax brackets for individuals, with the highest bracket (income over $60,000) taxed at 4.82% of excess over $60,000. Citation: https://library.partnertax.ai/us-wv/stat/11-21-4I?c=1#a","April 15 The due date for filing the 2025 West Virginia Personal Income Tax return (Form IT-140) is April 15, 2026, unless the taxpayer has a valid extension of time to file. Citation: https://library.partnertax.ai/us-wv/forms/it-140-booklet?c=1#tax-division-processing-and-procedures","October 15 Extension must be requested before the original due date. If a federal extension is granted, the same extension automatically applies to West Virginia. This is not an extension of time to pay. Citation: https://library.partnertax.ai/us-wv/forms/it-140-booklet#application-for-extension-of-time-to-file-w","April 15, June 15, September 15, January 15 W. Va. Code § 11-21-56(a)(1) requires individuals who file a declaration of estimated tax on or before April 15 to pay estimated tax in four equal installments on the filing date and on the following fifteenth days of June, September, and January. Citation: https://library.partnertax.ai/us-wv/stat/11-21-56?c=1#1","ten per centum of West Virginia adjusted gross income or $1,000, whichever is less West Virginia uses a formula-based standard deduction rather than a fixed dollar amount. For a single filer (resident individual), the deduction is the lesser of 10% of West Virginia adjusted gross income or $1,000. This is a statutory formula that applies to all resident individuals and married couples filing jointly under W. Va. Code § 11-21-14(a). Citation: https://library.partnertax.ai/us-wv/stat/11-21-14#a","over $60,000 For single filers and other non-married-filing-separately taxpayers in West Virginia for tax year 2025, the top marginal rate of 4.82% applies to taxable income over $60,000, as specified in the rate table in W. Va. Code § 11-21-4I(a). Citation: https://library.partnertax.ai/us-wv/stat/11-21-4I?c=1#a","Form IT-140 (with Schedule A) Nonresidents and part-year residents use the same Form IT-140 as residents but must complete Schedule A to report West Virginia source income and calculate tax. Citation: https://library.partnertax.ai/us-wv/forms/it-140-booklet#schedule-of-income" WI,Wisconsin,"Form 3 Wisconsin partnerships file Form 3, Wisconsin Partnership Return, for tax year 2025. Citation: https://library.partnertax.ai/us-wi/forms/form-3?c=1#preamble","March 16 Wisconsin requires a partnership to file its return by this date. For calendar-year partnerships, this is typically March 15. For fiscal-year partnerships, the due date is calculated from the close of their specific taxable year. Short-period returns are due on or before the federal due date. Extensions of up to six months are available. Citation: https://library.partnertax.ai/us-wi/forms/form-3?c=1#when-and-where-to-file","7.9% Wisconsin taxes net income reportable to an electing partnership at 7.9 percent under the pass-through entity-level tax election available under sec. 71.21(6)(a), Wis. Stats. There is no special capital gains tax rate. Citation: https://library.partnertax.ai/us-wi/forms/schedule-3-et?c=1#preamble","On or before the extended due date of the Wisconsin Form 3 Generally, Form 3 is due by the 15th day of the 3rd month following the close of the taxable year. Any IRS extension automatically extends the Wisconsin due date. Citation: https://library.partnertax.ai/us-wi/forms/schedule-3-et#schedule-3k-1-reporting","Required on nonresident partners' distributive shares; withholding rate is 7.65% for individual, estate, or trust nonresident partners, and 7.9% for partnership, LLC, or corporation nonresident partners. Withholding can be waived by Form PW-2 exemption approval or composite return election. Wisconsin requires pass-through entity withholding on distributive income allocable to nonresident partners. For individual, estate, or trust nonresident beneficiaries, the withholding rate is 7.65%; for partnership, LLC, or corporation nonresident beneficiaries, the rate is 7.9%. Withholding is not required for partners exempt from Wisconsin tax, partners whose share is less than $2,000, or partners with approved Form PW-2 exemption. Partnerships may alternatively file a composite return (Form 1CNP) on behalf of qualifying nonresident individual partners. Citation: https://library.partnertax.ai/us-wi/forms/form-3?c=1#partnerships-having-nonresident-partners","Yes, elective (Form 1CNP) A partnership that has two or more nonresident individual partners who derive no taxable income or deductible loss from Wisconsin other than their distributive shares from the partnership may file a composite individual income tax return on behalf of those partners on Form 1CNP, Composite Wisconsin Individual Income Tax Return for Nonresident Partners. Citation: https://library.partnertax.ai/us-wi/forms/form-3?c=1#partnerships-having-nonresident-partners",—,"Six months after the original due date (automatic if federal extension is obtained; otherwise available under federal law) Wisconsin law provides for the same six-month extension period as the Internal Revenue Service (IRS) to file the partnership return. Any extension allowed by the IRS for filing the federal return automatically extends the Wisconsin due date if a copy of the federal extension is included with the Wisconsin return. If not requesting a federal extension, a partnership may obtain an extension available to partnerships under federal law. Citation: https://library.partnertax.ai/us-wi/forms/form-3?c=1#when-and-where-to-file","Schedule 3K-1 Wisconsin partnerships use Schedule 3K-1 to report each partner's share of income, deductions, credits, etc., similar to federal Schedule K-1. Citation: https://library.partnertax.ai/us-wi/forms/schedule-3k-1#general-instructions","Form 4 Form 4 is the Wisconsin Corporation Franchise/Income Tax return that C corporations file for the tax year, as stated in the form title and instructions for 2025. Citation: https://library.partnertax.ai/us-wi/forms/form-4?c=1#full","7.9% Wisconsin Statutes § 71.27(1) establishes the corporate income tax rate applied to Wisconsin net incomes of corporations at 7.9 percent. This rate applies to C corporations filing Form 4 (non-combined) or Form 6 (combined returns) for tax year 2025. Citation: https://library.partnertax.ai/us-wi/stat/71.27?c=1#1","April 15 Wisconsin requires a corporation to file its franchise or income tax return by the 15th day of the 4th month following the close of its taxable year, except corporations with a fiscal year ending June 30 are due the 15th day of the 3rd month after the close of the taxable year (September 15). For calendar-year filers, this is April 15. Citation: https://library.partnertax.ai/us-wi/forms/form-4?c=1#when-and-where-to-file",—,"Single sales factor For taxable years beginning after December 31, 2007, Wisconsin corporations engaged in business in and outside the state (except direct air carriers, financial organizations, telecommunications companies, pipeline companies, public utilities, and railroads) use only the sales factor to compute the apportionment fraction. Citation: https://library.partnertax.ai/us-wi/regs/tax-2.39?c=1#d-2","Mandatory unitary combined reporting Wisconsin requires corporations engaged in a unitary business to file combined returns. Wis. Stat. § 71.255(3)(7) permits a commonly controlled group to elect combined reporting, but the statute and Form 6 instructions establish that unitary businesses must file combined returns. Form 6 is titled 'Combined Wisconsin Corporation Franchise/Income' and the instructions state that if a group makes the controlled group election, 'the entire commonly controlled group is deemed to be engaged in a single unitary business' and 'all income of the commonly controlled group is considered to be apportionable income of that unitary business.' The operative requirement is that members of a unitary business file on Form 6 as a combined group, not separately. Citation: https://library.partnertax.ai/us-wi/forms/form-6?c=1#item-e6-controlled-group-election",—,"the 15th day of the 4th, 6th, 9th, and 12th months of the taxable year Wis. Stat. § 71.29(8) establishes that corporations shall make estimated payments in 4 installments on or before the 15th day of each of the 4th, 6th, 9th, and 12th months of the taxable year, except that a taxpayer whose taxable year begins in April shall pay the first installment in the 3rd month of the taxable year. Citation: https://library.partnertax.ai/us-wi/stat/71.29?c=1#8","Automatic extension of 7 months or until the original due date of the corporation's corresponding federal return, whichever is later; if a federal extension is obtained, the Wisconsin due date extends to 30 days after the federal extended due date. Wisconsin law provides an automatic extension for corporation franchise or income tax returns. The extension period is 7 months or until the original due date of the corporation's corresponding federal return, whichever is later. If any extension is obtained for federal purposes, that extension also applies for Wisconsin purposes and is further extended for another 30 days after the federal due date. No request is required; the extension is automatic. Citation: https://library.partnertax.ai/us-wi/regs/tax-2.96?c=1#a-2","Form 1 Form 1 is the primary Wisconsin income tax return form for resident individuals filing for tax year 2025, as stated in the title and instructions: ""1 — Form 1 — Wisconsin Income Tax (resident)"". Citation: https://library.partnertax.ai/us-wi/forms/form-1?c=1#who-must-file","7.65% (top bracket rate) Wisconsin imposes graduated tax brackets on individual residents. For tax year 2025, the highest marginal rate applies to taxable income exceeding specified thresholds that vary by filing status: for single filers and heads of household, income exceeding $323,290; for married filing jointly, income exceeding $431,060; and for married filing separately, income exceeding $215,530. Citation: https://library.partnertax.ai/us-wi/stat/71.06?c=1#d","April 15 The due date applies to Wisconsin Form 1 (resident individual income tax return) and Form 1NPR (nonresident and part-year resident income tax return) for tax year 2025. Citation: https://library.partnertax.ai/us-wi/forms/form-1#who-should-file","October 15 Wisconsin accepts any federal extension provision. The extension is automatic when a federal extension is obtained; no separate Wisconsin request is required. The filer must include either a copy of the federal extension application (e.g., Form 4868) or a statement indicating which federal extension provision applies (e.g., the federal automatic 6-month extension provision) when filing the Wisconsin return. Citation: https://library.partnertax.ai/us-wi/forms/form-1#who-should-file","April 15, June 15, September 15, January 15 For individuals filing on a calendar-year basis, Wisconsin requires four quarterly estimated tax payments on or before these dates. The statute establishes that taxpayers shall make estimated payments in 4 installments on or before the 15th day of the 4th month, 6th month, 9th month, and the first month of the next taxable year. Citation: https://library.partnertax.ai/us-wi/stat/71.09?c=1#e","$13,560 The 2025 Standard Deduction Table for Form 1 (Wisconsin resident income tax) shows that a single filer with income from $0 to $13,390 receives a standard deduction of $13,560. Citation: https://library.partnertax.ai/us-wi/forms/form-1npr?c=1#line-75-amount-you-owe-continued","over $323,290 For single filers, the top marginal rate of 7.65% applies to taxable income of $323,290 or over. For married filing jointly, the threshold is $431,060 or over. Citation: https://library.partnertax.ai/us-wi/forms/form-1#line-16b","Form 1NPR Form 1NPR is the Wisconsin income tax return form for nonresidents and part-year residents. The evidence states: 'If you are a nonresident or part-year resident of Wisconsin in 2025, you must file Wisconsin Form 1NPR.' Citation: https://library.partnertax.ai/us-wi/forms/form-1npr?c=1#who-must-file" WY,Wyoming,"None Wyoming does not impose an income tax on partnerships. There is no Wyoming partnership income tax return and no state filing obligation arising from partnership income. Citation: https://library.partnertax.ai/us-wy/no-tax/partnership-income-tax#filing-consequences","None Wyoming does not impose an income tax on partnerships or partners. There is no Wyoming partnership income tax return, no state Schedule K-1 equivalent, and no Wyoming filing obligation arising from a partner's distributive share. Citation: https://library.partnertax.ai/us-wy/no-tax/partnership-income-tax#filing-consequences","None (no PTE election) Wyoming imposes no income tax on partnerships or partners. The Legislative Service Office's rates table records both individual income tax and corporate income tax at 0% with $0 collected. Because there is no Wyoming income tax at either level, there is no pass-through entity tax election. Citation: https://library.partnertax.ai/us-wy/no-tax/partnership-income-tax#summary","None (no PTE election) Wyoming imposes no income tax on partnerships or partners. Because there is no Wyoming income tax at either level, there is no pass-through entity tax election. Citation: https://library.partnertax.ai/us-wy/no-tax/partnership-income-tax#summary","None (no withholding requirement) Wyoming imposes no income tax on partnerships or partners' distributive shares. Because there is no Wyoming income tax at either the entity or partner level, there is no nonresident withholding on distributive shares. Citation: https://library.partnertax.ai/us-wy/no-tax/partnership-income-tax#summary","None (no composite return) Wyoming imposes no income tax on partnerships or partners. Because there is no Wyoming income tax at either the entity or partner level, there is no Wyoming composite return. Citation: https://library.partnertax.ai/us-wy/no-tax/partnership-income-tax#summary","None (no entity-level tax; informational return only) Wyoming does not impose an income tax on partnerships or partners, and there is no Wyoming partnership income tax return, no state Schedule K-1 equivalent, and no Wyoming filing obligation arising from a partner's distributive share. Citation: https://library.partnertax.ai/us-wy/no-tax/partnership-income-tax?c=1#legislative-statement","None Derived from partnership_annual_fee for Wyoming, which cites a source stating the jurisdiction imposes no partnership tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wy/no-tax/partnership-income-tax#legislative-statement","None (no state K-1) Wyoming does not impose an income tax on partnerships or partners. There is no Wyoming partnership income tax return and no state Schedule K-1 equivalent. Citation: https://library.partnertax.ai/us-wy/no-tax/partnership-income-tax#filing-consequences","None (no corporate income tax) Wyoming does not impose a corporate income tax. The state levies sales and use tax, property tax, severance taxes, lodging tax, fuel taxes, cigarette and tobacco taxes, liquor revenue, and wind generation tax, but no corporate income or franchise tax return is required. Citation: https://library.partnertax.ai/us-wy/no-tax/corporate-income-tax#summary","None (no corporate income tax) Derived from corporation_filing_form for Wyoming, which cites a source stating the jurisdiction imposes no corporation tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wy/no-tax/corporate-income-tax#summary","None Wyoming does not impose a corporate income tax. The Wyoming Legislative Service Office's June 3, 2025 rates table records 'Corporate Income Tax — FY25 base rate: 0% (Note Art. 15, Sec. 18) — FY24 collections: $0', and Wyoming levies instead sales and use tax, property tax, severance taxes, lodging tax, fuel taxes, cigarette and tobacco taxes, liquor revenue, and wind generation tax. Citation: https://library.partnertax.ai/us-wy/no-tax/corporate-income-tax?c=1#summary","None (no corporate income tax or franchise tax imposed) Wyoming does not impose a corporate income tax, and the Legislative Service Office's complete tax structure table for Title 39 lists no corporate franchise, margin, or gross receipts tax. The state imposes only transaction and property taxes, and severance taxes on mineral extraction. Citation: https://library.partnertax.ai/us-wy/no-tax/corporate-income-tax?c=1#summary","None (no corporate income tax) Wyoming does not impose a corporate income tax, so no apportionment formula applies to multistate corporate income. Citation: https://library.partnertax.ai/us-wy/no-tax/corporate-income-tax?c=1#summary","None (no corporate income tax) Wyoming does not impose a corporate income tax. The filing method attribute is inapplicable because there is no corporate income tax to file for. The Wyoming Legislative Service Office's June 3, 2025 rates table records Corporate Income Tax at 0% base rate with $0 FY24 collections. Citation: https://library.partnertax.ai/us-wy/no-tax/corporate-income-tax#summary","None (no corporate income tax) Wyoming does not impose a corporate income tax. Therefore, there is no NOL regime, carryforward period, carryback allowance, or deduction cap applicable to corporations. Citation: https://library.partnertax.ai/us-wy/no-tax/corporate-income-tax#summary","None (no corporate income tax) Derived from corporation_filing_form for Wyoming, which cites a source stating the jurisdiction imposes no corporation tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wy/no-tax/corporate-income-tax#summary","None Derived from corporation_filing_form for Wyoming, which cites a source stating the jurisdiction imposes no corporation tax of this kind. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wy/no-tax/corporate-income-tax#summary","None (no individual income tax) Wyoming does not impose an individual income tax. The Legislative Service Office's June 2025 rates table records Individual Income Tax at 0% base rate with $0 FY24 collections. There is no Wyoming individual income tax return form. Citation: https://library.partnertax.ai/us-wy/no-tax/individual-income-tax#summary","None (no individual income tax) Derived from individual_filing_form for Wyoming, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wy/no-tax/individual-income-tax#summary","None Derived from individual_filing_form for Wyoming, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wy/no-tax/individual-income-tax#summary","None Derived from individual_filing_form for Wyoming, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wy/no-tax/individual-income-tax#summary","None (no individual income tax) Derived from individual_filing_form for Wyoming, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wy/no-tax/individual-income-tax#summary","None (no standard deduction; Wyoming does not impose an individual income tax) Wyoming does not impose an individual income tax. The Legislative Service Office's 'Wyoming Statutory Tax Structure: Title 39' (June 3, 2025) records Individual Income Tax at 0% base rate with $0 FY24 collections. Because no individual income tax exists, there is no standard deduction applicable to any filing status. Citation: https://library.partnertax.ai/us-wy/no-tax/individual-income-tax#legislative-statement","None (no individual income tax) Derived from individual_filing_form for Wyoming, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wy/no-tax/individual-income-tax#summary","None (no individual income tax) Derived from individual_filing_form for Wyoming, which cites a source stating the jurisdiction imposes no individual income tax. The citation is carried unchanged. Citation: https://library.partnertax.ai/us-wy/no-tax/individual-income-tax#summary"