Form Der-1 - 2007 Montana Disregarded Entity Information Return Page 3
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1
2
3Montana
PT-WH
2007 Montana Income tax Withheld for a
Rev. 12-07
nonresident Individual, Foreign C Corporation, or
Second tier Pass-through Entity
owner Information
Entity Information. Enter the information below as it
appears on your most recent return filed with the Internal
Revenue Service.
Name
Name
Street or Other Mailing Address
Street or Other Mailing Address
City
State
Zip Code
City
State
Zip Code
Social Security Number or Federal Employer ID Number
Federal Employer ID Number
1. Owner’s Montana source income reflected
Check the box that describes the type of return that you
on the pass-through entity’s information
filed.
return ......................................................... $________
q
q
q
S Corporation
Partnership
Disregarded Entity
2. Enter the amount of Montana tax withheld.
Enter the beginning and ending dates of your taxable year.
If the owner is a nonresident individual or
Tax year beginning (mm/dd)___/___/ 07, and
a second tier pass-through entity, multiply
line 1 by 6.9%. If the owner is a foreign C
ending (mm/dd/yy)___/___/___
corporation, multiply line 1 by 6.75% ......... $________
this form is to be completed when the owner does not participate in submitting a composite return and does not
submit a signed Montana Form PT-AGR or PT-STM.
owner or Partner Instructions
Entity Instructions
What does a nonresident individual need to do with this
What is the purpose of Form Pt-WH?
form?
A pass-through entity that has a nonresident individual, foreign
We consider the amount of Montana income tax that is withheld as
C corporation, or second tier pass through entity owner at any
an estimated payment against your Montana individual income tax
time during the tax year has to remit amounts to the Department
liability. When you complete your Montana Individual Income Tax
of Revenue on behalf of the owner as provided in 15-30-1113,
Return, Form 2, you should claim the amount in box 2 above as an
Montana Code Annotated, if (1) the entity does not have a valid,
estimated payment on line 60 of your 2007 Montana Form 2. Form
currently effective tax agreement or statement from the owner and
PT-WH has to be attached to your Montana Form 2 when you claim
(2) the owner does not participate in filing a composite return with
this estimated payment.
the entity.
What does a foreign C corporation need to do with this
How much should the pass-through entity withhold?
form?
For a nonresident individual and a second tier pass-through entity,
We consider the amount of Montana income tax that is withheld as
the amount withheld is 6.9% of the Montana source income as
an estimated payment against your Montana corporation license tax
reflected on your Montana information return. For a foreign C
liability. When you complete your Montana Corporation License Tax
corporation, the amount withheld is 6.75% of the Montana source
Return, Form CLT-4, you should claim the amount in box 2 above
income as reflected on your Montana information return.
as an estimated payment on line 11(c) for your 2007 Montana Form
Where does a pass-through entity report the amount that
CLT-4. You will have to attach your Form PT-WH to your Montana
was withheld?
Form CLT-4 when you claim this estimated payment.
Transfer the amounts that you reported on lines 1 and 2 above
What does a second tier pass-through entity need to do
to Form CLT-4S or PR-1, Schedule V. Send Form PT-WH to your
with this form?
owners. We do not require you to submit Form PT-WH with your
We consider the amount of Montana income tax that is withheld as
information return.
an estimated payment on the account of the individual, estate, trust
or C corporation in which the Montana source income of the first tier
pass-through entity’s income is directly or indirectly passed through.
The amount withheld can be claimed as an estimated tax payment
on the Montana return filed by the owners of the second tier pass-
through entity. This amount has to be allocated to the owners based
on the owners’ share of income or loss from the second tier pass-
through entity.
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