84-380: Non-Residence Income Tax Agreement (2024)
Mississippi · Mississippi DOR · Used for tax years 2024
Mississippi Form 84-380 records a nonresident S corporation shareholder’s agreement to file Mississippi nonresident income tax returns and pay taxes on their share of the corporation’s income for the stated year and subsequent years as a shareholder. The shareholder also agrees t
Who files this form
Form 84-380 is an agreement for a nonresident shareholder of an S corporation. By signing, you certify that you are or were a shareholder during the corporation’s taxable year.
You agree to timely file Mississippi Form 80-205, the Non-Resident Income Tax Return, and pay Mississippi taxes on your share of the corporation’s income (loss) for the stated year and all subsequent taxable years in which you are a shareholder.
Do not file this agreement with the S Corporation Tax Return. Keep it in your permanent tax files.
What you'll need
The form asks for:
- The business name, address and FEIN.
- The taxpayer’s name, address and SSN.
- The tax year’s beginning and ending dates, in month/day/year format.
- The nonresident shareholder’s signature and the date signed.
How to file
Do not submit Form 84-380 with the S Corporation Tax Return. Retain the agreement in your permanent tax files.
The form may be reproduced. It does not provide a mailing address or e-file instructions for this agreement.
Common mistakes
- Sending the agreement with the S Corporation Tax Return. The form specifically says not to do this.
- Failing to keep the agreement. The form directs you to retain it in your permanent tax files.
Questions people ask
Which income tax return do I agree to file?
You agree to timely file Mississippi Form 80-205, the Non-Resident Income Tax Return, and timely pay Mississippi taxes on your share of the S corporation’s income (loss).
Does the agreement cover only 2024?
No. It covers the stated tax year and all subsequent taxable years in which you are a shareholder.
What does the personal jurisdiction provision mean?
You agree to be subject to Mississippi’s personal jurisdiction for collecting income taxes, related interest and penalties imposed on you with respect to the S corporation’s income.
Is the agreement binding on anyone besides me?
The form states that it is binding on your heirs, representatives, assigns, successors, executors and administrators.