Theatre investment question
Theatre investment question
PatrickDennis92
Stand-by Joined: 9/25/12
#1Theatre investment question
Posted: 7/25/15 at 2:27pm
I was having this discussion with a friend this morning, and while I believe I know the answer, I wanted to ask here where I know someone is bound to know. Do theatre investors who live outside of New York State pay New York State and City income taxes on the returns from their investments? And what about royalty owners who live out of state (directors, writers, etc)? Is that considered earned income in New York State and city for tax purposes?
#2Theatre investment question
Posted: 7/25/15 at 2:43pm
Individuals pay taxes where they live except for wages which are credited where they live.
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