Hi Ira,

After registering the club in VA, basically, the club has to
file a NY State return only for NY resident members.

For VA and NJ resident members, the club does not file
anything for their States.

Am I correct? I hope that I finally understand these.

Thank you for taking your time to answer my questions,
again.
richard

IraS1@aol.com wrote:
> In a message dated 8/28/2005 8:16:02 P.M. Eastern Daylight Time,
> pac_man@bivio.com writes:
> Thank
> you for your answers to my questions!
>
> I will register the club in
> VA.  I want to make sure that I
> understand.  So, I will try to
> summarize:
>
> 1> for New York, all non-NY resident members require to
> file
> in NY.  But, non-NY resident members are not paying taxes
> in
> NY, right?  I am assuming that NY is only
> collecting
> information, not to collect taxes from non-NY
> resident
> members...
> No. The club must file a return in NY because it has NY-resident members.
>
> The club must identify the NYS residents on the NYS return. NY nonresidents do
> not file anything with NYS.
>
>
> 2> for New Jersey members, since I will be registering
> the
> club in VA, I am assuming that NJ members do not have to pay
> the
> annual fee of $150/partner.  And, unlike NY, non-NJ
> resident members
> do not required to file in NJ.
>
> Again, the club will not have to file in NJ if it is not registered in NJ.
> The $150 fee is a club fee, not a fee on the individuals. As long as the club is
> not registered in NJ, it doesn't have to worry about this. NJ nonresidents do
> not file anything in NJ.
>
> 3> for Virginia, non-VA resident members do not require
> to
> file in VA.
> Correct, and as of now, the club doesn't have to file either.
>
>
> Am I correct with the above summary?
>
>
> Almost. My corrections were included above.
>  
> Ira Smilovitz