You are not responsible for withholding taxes on nonresident members of your club as none of your income is PA-source income. Your nonresident members do not have any PA tax liability as a result of membership in an investment club UNLESS your club invests in another partnership that has business operations in PA.

 

Ira Smilovitz

 

I am a new treasurer of a PA club iiiat. We have some NJ
members. The PA instructions say to pay any taxes due for
out of state members to PA (like a withholding) on a
separate form mailed in advance of the return. Fortunately
it allows you to take the lower of 2 years which was zero. I
filed the form. Also note I believe PA does not recognize
loss carryforwards.