58: Form 58 - Partnership Income Tax Return (2024)
North Dakota · ND Tax Commissioner · Used for tax years 2024
North Dakota Form 58 is the 2024 Partnership Income Tax Return. It reports North Dakota adjustments and credits distributable to partners, income tax withheld from nonresident partners, composite income tax for electing nonresident partners, and payments, refunds, or balances due
What you'll need
Attach these documents to the 2024 return:
- A copy of your 2024 federal Form 1065, including Schedules K-1.
- Copies of North Dakota Schedules K-1.
- Any Form 1099 or North Dakota Schedule K-1 showing North Dakota income tax withheld that you report on page 1, line 4.
Depending on your partnership's situation, also attach:
- A statement listing the name and federal employer identification number of each other partnership or limited liability company in which the partnership is a partner or member.
- The schedules, documentation, or approval letter requested for exemptions and credits claimed on Schedule K.
- Completed Property Tax Clearance Records from each county identified in Schedule K's property tax clearance section, when applicable.
- Copies of Form PWA or Form PWE, if applicable to entries on Schedule KP.
Have each partner's name, address, Social Security number or federal employer identification number, entity type, ownership percentage, and distributive share information available for Schedule KP.
How to file
- Enter the partnership's identifying information, tax year, partner counts, and applicable checkboxes on page 1.
- Complete Schedule FACT, Schedule K, and Schedule KP before completing page 1, lines 1 through 12.
- Transfer the withholding and composite tax totals from Schedule KP to page 1. Complete the tax, payment, refund, and balance-due lines.
- After completing Form 58, complete North Dakota Schedule K-1 (Form 58) for the partners.
- Attach the required documents. Have the general partner sign and date the return, and complete the paid preparer fields if applicable.
Mail to:
Office of State Tax Commissioner
600 E. Boulevard Ave., Dept. 127
Bismarck, ND 58505-0599
Common mistakes
- Skipping required schedules. All partnerships must complete the applicable portions of Schedule FACT, as well as Schedule K and Schedule KP.
- Leaving partners out of Schedule KP. Complete columns 1 through 5 for all partners. Column 6 applies to nonresident partners and tax-exempt organization partners. Columns 7 and 8 apply only to nonresident partners, when applicable.
- Assuming only individuals can be nonresident partners. Schedule KP specifically notes that the definition includes entities other than individuals.
- Overlooking property tax clearance. All taxpayers must read this section of Schedule K. If claiming a deduction or credit on one of the listed lines, complete the section and attach the required county records.
Questions people ask
What if there is not enough room to list all partners?
Attach additional pages to Schedule KP if more lines are needed.
Can an overpayment be applied to next year's estimated tax?
Yes. Page 1, line 8 lets you apply an amount from your overpayment to 2025 estimated tax.
How does the form handle amounts under $5?
For the calculated overpayment on line 7, refund on line 9, and tax due on line 10, the form says to enter 0 if the result is less than $5.00.
Can I authorize the Tax Department to discuss the return with my paid preparer?
Yes. The signature area includes an authorization for the North Dakota Office of State Tax Commissioner to discuss the return with the paid preparer.