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Does Pennsylvania have a corporate income tax?

Domestic (incorporated in Pennsylvania) and foreign corporations (incorporated outside Pennsylvania) doing business in Pennsylvania are subject to corporate net income tax.

Which states allow composite returns?

State Involvement States that do allow composite returns include: Alabama, Connecticut, Delaware, Idaho, Wisconsin, South Carolina, Massachusetts, Michigan, North Dakota, New Hampshire, Tennessee, Texas, Nebraska, Oklahoma, Utah, Arizona, New York and Vermont, as well as the District of Columbia.

Does NJ allow composite tax returns?

Qualified nonresident individuals who are members of general and limited partnerships, professional athletic teams, limited liability partnerships, limited liability companies, New Jersey electing S corporations, estates, and trusts can participate in a composite return.

What is a composite tax return?

Composite return overview Simply stated, a composite return is filed by a pass-through entity and reports the state income of all non-resident owners as one group. If a non-resident owner participates in a composite return, that non-resident is not required to file an individual income tax return.

Do I need to file a PA state tax return?

State law requires Pennsylvania residents with earned income, wages and net profits, to file an annual tax return along with supporting documentation, such as a W-2. You must file the tax return even if you are: subject to employer withholding.

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