Instructions For Pa-41 Schedule B - Dividend And Capital Gains Distributions Income - Pennsylvania Department Of Revenue - 2014 Page 2
ADVERTISEMENT
1
2liability company that is classified as
rules. See the PA PIT Guide, Chapter 16,
PA-41 Schedule B Line 10. Include a copy
a partnership for federal income tax
Pass Through Entities, for additional
of the federal Form 1020S Schedule K-1
purposes, it will receive a PA-20S/PA-65
information on the adjustments required
if a PA-20S/PA-65 Schedule RK-1 is not
and the proper classification of income.
Schedule RK-1 showing its share of any
supplied by the PA S corporation or
dividend income.
entity formed as a limited liability company
LINE 10
that is classified as a PA S corporation
Enter the amount of dividend income
from partnerships. Include the amounts
Dividend Income from
for federal income tax purposes. If the
PA S Corporations from PA
reported from all PA Schedule(s) RK-1,
estate or trust receives only a federal
or federal Schedule(s) K-1 if an RK-1 is
Schedules RK-1
Form 1120S Schedule K-1, the estate or
not provided.
If the estate or trust is an owner in a PA
trust must obtain a PA-20S/PA-65
S corporation or entity formed as a limited
Schedule RK-1 from the entity. The
If the estate or trust realizes income from
liability company that is classified as a
department will only permit the estate or
more than one partnership, provide a
PA S corporation for federal income tax
trust to adjust and reclassify the income
statement showing the FEIN, name,
purposes, it will receive a PA-20S/PA-65
from federal Form 1120S Schedule K-1
and amount of distributable/distributed
Schedule RK-1 showing its share of any
income by the partnership.
according to Pennsylvania rules in limited
dividend income.
circumstances. See the PA PIT Guide,
Submit all PA-20S/PA-65 Schedules
Enter the amount of dividend income
Chapter 16, Pass Through Entities, for
RK-1 to support the amount reported on
from PA S corporations. Include the
additional information on the adjustments
PA-41 Schedule B Line 9. Include a copy
amounts reported from all PA Schedule(s)
required and the proper classification of
of federal Form 1065 Schedule K-1 if a
RK-1, or federal Schedule(s) K-1 if an
income.
PA-20S/PA-65 Schedule RK-1 is not
RK-1 is not provided.
supplied by the partnership or entity
If the estate or trust realizes income from
LINE 11
formed as a limited liability company that
more than one PA S corporation, provide
is classified as a partnership for federal
a statement showing the FEIN, name,
Total Dividend Income
income tax purposes. If the estate or
and amount of income by the PA S
Add Lines 6, 7, 8, 9 and 10 on the PA-41
trust receives only a federal Form 1065
corporation.
Schedule B. Enter the amount here and
Schedule K-1, it must adjust and classify
on the PA-41, Fiduciary Income Tax
the income from the federal Form 1065
Submit all PA-20S/PA-65 Schedules
Schedule K-1 according to Pennsylvania
RK-1 to support the amount reported on
Return, Line 2.
2
PA-41 Schedule B
ADVERTISEMENT
0 votes
Related Articles
Related forms
Instructions For Pa-41 Schedule B - Dividend And Capital Gains Distributions Income - Pennsylvania Department Of Revenue - 2013
Financial
Instructions For Pa-41 Schedule B - Dividend And Capital Gains Distributions Income - Pennsylvania Department Of Revenue - 2016
Financial
Related Categories
Parent category: Financial