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Megan C
Megan C , Certified Public Accountant (CPA)
Category: Finance
Satisfied Customers: 16538
Experience:  Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level
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This is for Megan C: I asked about some states requirements

Resolved Question:

This is for Megan C:
I asked about some states' requirements to file consolidated returns. Now my questions are about combined reporting. Can you tell me if these states below REQUIRE (mandatory) combined reporting: CO, KS, MT, UT, AK, ND?
Submitted: 2 years ago.
Category: Finance
Expert:  Megan C replied 2 years ago.

Megan C :

Thanks for your question, and thanks for using JustAnswer.com. How are you today?

Megan C :

In all of the states except Montana I can confirm that the combined reporting is required. I am not positive on Montana.

Customer:

Thanks. Do you have supports for your findings?

Customer:

I read that AK only requires mandatory combined reporting for corporations that have >20% factor presence. Is this correct?

Megan C :

You can read more about this, HERE

Megan C :

I'm not positive on that.

Megan C :

Is there anything else I can assist you with today?

Customer:

I was hoping to get the individual state's reference. That article you sent me is useful, but not enough for my purpose.

Megan C :

O

Customer:

But if you don't have any more, I am OK

Megan C :

Yes, I don't have anything else that goes state by state

Megan C :

Is there anything else I can assist you with today?

Customer:

OK. Thanks.

Megan C and 2 other Finance Specialists are ready to help you
Expert:  Megan C replied 2 years ago.
Thanks, Kendrick for your positive rating. Please come back and visit me for any of your tax needs. It was a pleasure working with you today.