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Mark for follow up Lestion 2 of 5 Nike is a 30% owner of the Mocha and Marigolds Nursery and Caf. Mocha and Marigolds is
Mark for follow up Lestion 2 of 5 Nike is a 30% owner of the Mocha and Marigolds Nursery and Caf. Mocha and Marigolds is a partnership for all relevant federal and state incom which of the following fictional states is Mike most likely to be required to file a return? Appalachia. Mocha and Marigolds does not do business in Appalachia, but they do receive occasional website purchases from the state. The activities Appalachia are not sufficient for income tax nexus to exist. Franklin. Mocha and Marigolds filed a composite return with the state of Franklin, and Mike was included on the return. Midlands. Mocha and Marigolds does not operate in Midlands, but they are considering expanding into the area in the next few years. Moosylvania. Mocha and Marigolds made the election to pay Moosylvania income taxes at the entity level the the the pait of the e form of a credit. Mark for follow up
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