Thanks Ira,

Even if we sell stock at a profit, that's still not
considered Colorado income? If there's no income, do non
residents still need to file a Colorado State return with it
$0?

IraS1@aol.com wrote:
> Your investment club does not have any Colorado income if it invests only
> in common stocks and bonds.
>  
> Ira Smilovitz
>  
>
> In a message dated 03/12/08 12:35:35 P.M. Eastern Daylight Time,
> benwoltz@bivio.com writes:
> Our
> investment club is registered in Colorado, but we have
> members from out of
> state.  The Bivio Colorado Tax return
> has this for all non
> residents.
>
> I agree to file a 2007 Colorado income tax return and
> make
> timely payment of all taxes imposed by the State of
> Colorado with
> respect to my share of the Colorado income of
> the partnership or
> corporation named above. I also
> agree to be subject to personal
> jurisdiction in the State of
> Colorado for purposes of the collection of
> unpaid income
> tax together with related penalties and interest.
>
> Does
> this mean that all non residents have to file
> individual colorado state tax
> returns???
>
>
>
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