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Old 01-17-2009, 05:43 PM
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S-Corp Which state for filing?

Which state should I use for filing business state taxes ?

My S-corp is registered in CO - State. I am the owner employee.
For the entire year my income was from state of FL for this business as I was contracting for a company based in FL for their FL client.

Though I did withheld taxes from my paycheck for the CO - state and have been filing with state of CO for employment insurance and tax withheld, I wondering if I have been doing it right ?

Please advise.

Thanks a lot for this.



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Old 01-18-2009, 11:07 PM
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im not a licensed professional., just an s-corp owner like u.

my scorp, inc in NV, but i live in CA and have a w2 job in CA (not associated to my s-corp).

the goal of my s-corp is to do only business in NV., so i will only fine state taxes in NV and.. NV has no state taxes..

when i asked my question to a tax professional on turbo tax i was told..

if you do business in CA, you must file CA corp taxes...

the real question is., what is the meaning of "doing business"

because your income was in FL., i would logically asume that you did do business in the state of FL., in that case, i would think that you have to file FL state corp taxes... unless your physical office is in CO., and you were travelling., staying on hotels., or doing work from CO for the FL contract., in that case., you were only doing business in CO even though you get income from a FL company.... ?

hope that helped



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Old 03-22-2009, 08:59 PM
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CO-FL Inquiry

I am currently preparing CO state return for my s-corp using turbo tax. I am doing aportiniong of the income. Though my office is located in CO, I am travelling to FL every week to work. All my income is from FL state and from CO state there is no income excecpt my home office is located in CO and I am a resident of CO.

Looks like I have to prepare FL state return also for my S-Corp. Is it correct ? Please advise.

Thanks



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