I am a nonresident of North Dakota and I own land in North Dakota from which I receive both cash rent and oil royalty income. Am I required to file a North Dakota income tax return?
If you have gross income from North Dakota sources and are required to file a federal income tax return, you are required to file a North Dakota individual income tax return. For a nonresident, gross income from North Dakota sources includes income from tangible property located in North Dakota, such as rents, royalties, and gains from the sale or exchange of the tangible property. Q: I am a nonresident of North Dakota. I was a partner in a partnership that was formed under North Dakota law and carried on part of its business in North Dakota. I sold my interest in the partnership. Is the gain on the sale of my partnership interest taxable in North Dakota? A: No. A partnership interest is an intangible asset and, in the case of a nonresident individual, North Dakota income tax law excludes a gain from the sale of an intangible asset from North Dakota income tax. Similarly, if you had sold your partnership interest at a loss, the loss would not be deductible for North Dakota income tax p
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- I am a nonresident of North Dakota and I own land in North Dakota from which I receive both cash rent and oil royalty income. Am I required to file a North Dakota income tax return?
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