What do I need to provide to the Mississippi Department of Revenue if I claimed non-business or wholly passive investment income (non-Mississippi source income)?
For non-business income, form 83-150 must be attached to the Mississippi return that clearly states the nature and/or source of the non-business income or loss in order to be considered by the Mississippi Department of Revenue. A statement must be included to outline the reasons that the income, loss, expenses, or deductions is being allocated. Wholly passive investment income from outside Mississippi will be considered only with an attached detailed explanation.
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