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2016

Pennsylvania Department of Revenue

Instructions for PA-41 Schedule A

Interest Income and Gambling and Lottery Winnings

PA-41A (08-16)

Box 1 of all federal Forms 1099-INT,

WHAT’S NEW

LINE INSTRUCTIONS

Interest Income, as well as any other

federally

taxable

interest

income

Please read the Line 1 Instructions on

As a result of Act 84 of 2016, cash prize

received by the trust (such as interest

Pages 16 and 17 of the Instructions for

payments received from the Pennsylvania

from U.S. government obligations) for

Form PA-41 prior to completing this

Lottery on or after Jan. 1, 2016, are now

federal grantor trusts or other trusts not

schedule.

taxable for PA personal income tax

required to file a federal tax return.

purposes. PA personal income tax is

LINE 1

also required to be withheld on cash

LINE 4

prizes paid after July 12, 2016. See Line

Enter the amount of interest income

14 of the Schedule A instructions, Page

Add the amounts on Lines 1, 2 and 3.

reported on Line 1 of the estate or trust’s

23 of the PA-41, Fiduciary Income Tax

Return instructions and the department’s

federal Form 1041. If there are no

LINE 5

website for more information.

amounts for Lines 2 through 14 (not

including subtotal Lines 4 and 10) of

If the estate or trust has any investments

WHEN TO INCLUDE

PA-41 Schedule A, stop here. An estate

in partnerships or S corporations or any

or trust must report the amount on Line

interest income from other estates or

1 of the PA-41 form but the estate or trust

If the estate or trust’s total PA-taxable

trusts, the estate or trust must include the

is not required to include a copy of

interest income is equal to the amount

amount reported for federal income

PA-41 Schedule A with the PA-41.

reported on the estate or trust’s federal

tax purposes. Enter the total amount of

Form 1041 and there are no amounts for

If the trust is not required to file a federal

interest income included in the amount

Lines 2 through 14 (not including subtotal

return, see the instructions for Line 3.

reported for Line 1 of federal Form 1041

Lines 4 and 10) of Schedule A, the estate

from all federal Schedule(s) K-1.

or trust must report the interest income

LINE 2

on Line 1 of the PA-41, Fiduciary Income

LINE 6

Tax Return, but the estate or trust does

If the estate or trust has any investments

not have to submit Schedule A. If there

in tax-exempt bonds from states or local

If the estate or trust has investments in

are any amounts for any of the Lines 2

instrumentalities that are excluded from

tax-exempt bonds, the amount of interest

through 14 (not including subtotal Lines

taxation for federal income tax purposes,

from direct obligations of the common-

4 and 10) of Schedule A, the estate or

enter the total amount of total tax-exempt

wealth or its instrumentalities is tax

trust must complete and submit Sched-

interest from all state or local bonds.

exempt for Pennsylvania purposes. Enter

ule A with the estate or trust’s PA-41,

Include amounts from all states and local

the amount of the estate or trust’s

Fiduciary Income Tax Return.

instrumentalities including Pennsylvania.

tax-exempt interest from direct obligations

of the Commonwealth of Pennsylvania

GENERAL INFORMATION

CAUTION Do not include exempt-

and/or direct obligations of political

interest dividends in this amount.

subdivisions of Pennsylvania. Include on

PURPOSE OF SCHEDULE

this line any interest income from

LINE 3

Use PA-41 Schedule A to report interest

obligations issued by the commonwealth,

income and gambling and lottery winnings

a public authority, commission, board or

of estates and trusts.

If the estate or trust has adjustments to

other agency created by the common-

federal taxable interest income that

wealth or political subdivision of the

FORM INSTRUCTIONS

increase the amount of interest income

commonwealth.

reported for federal purposes, enter any

Name

other adjustments for items that increase

LINE 7

Enter the complete name of the estate or

PA-taxable interest income and provide

trust as shown on the PA-41, Fiduciary

a description of the amounts. If any

An estate or trust that has interest

Income Tax Return.

expenses such as amortization of bond

income from direct obligations of the U.S.

premium, nominee interest, or expenses

FEIN or Decedent’s SSN

government must provide the amount of

incurred to realize interest income were

Enter the nine-digit federal employer

that interest as it is also tax exempt for

deducted against the income for federal

identification number (FEIN) of the estate

Pennsylvania purposes. Enter the

income tax purposes, the estate or trust

or trust or the decedent’s Social Security

amount of any interest income from

must include all adjustments that reduce

number as shown on the PA-41, Fiduciary

direct obligations of the U.S. government

federal income.

Income Tax Return.

(U.S. Treasury Bonds, Notes, Bills,

If the estate or trust is not required to file

Certificates and Savings Bonds). Do not

An estate with a FEIN should

a federal return, enter the amount of

include amounts from U.S. obligations

not use the decedent’s Social

Security number.

interest income reported to the trust in

reported on federal Schedule K-1(s).

PA-41 Schedule A

Instructions For Pa-41 Schedule A - Interest Income And Gambling And Lottery Winnings - Pennsylvania Department Of Revenue - 2016

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