State Tax for Foreign LLCsAnswered

What are composite returns and when do states require them for nonresident LLC members?

D9
david_9635subscriber
February 4, 2022 567 views 1 answer
state taxcomposite returnsnonresident membersmulti-member LLCforeign members

My accountant mentioned 'composite returns' as a way to simplify state tax filing for my multi-member LLC with foreign members. We have members from three different countries and the LLC operates in four states. What exactly is a composite return and which states require or allow them?

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