Form 5677 Instructions for Composite Individual Return for Nonresident Partners or Shareholders - Missouri

What Is Form 5677?

This is a legal form that was released by the Missouri Department of Revenue - a government authority operating within Missouri. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 5677?
A: Form 5677 is the form used for filing a composite individual return for nonresident partners or shareholders in Missouri.

Q: Who needs to file Form 5677?
A: Nonresident partners or shareholders in Missouri who want to file a composite individual return need to use Form 5677.

Q: What is a composite individual return?
A: A composite individual return is a tax return filed by a partnership or S corporation on behalf of its nonresident partners or shareholders.

Q: Are all nonresident partners or shareholders required to file a composite individual return?
A: No, filing a composite individual return is optional for nonresident partners or shareholders. They can choose to file their own individual returns instead.

Q: What information is required on Form 5677?
A: Form 5677 requires information about the partnership or S corporation, the nonresident partners or shareholders, and their respective income and deductions.

Q: When is the deadline for filing Form 5677?
A: The deadline for filing Form 5677 is the same as the deadline for filing the Missouri partnership or S corporation return, which is generally April 15th.