Form Pa-20s/pa-65 Schedule Rk-1 And Nrk-1 - Resident And Nonresident Schedules Of Pa S Shareholder/partnership/beneficiary Pass Through Income, Loss And Credits - 2006 Page 3

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Complete all the identification information for the PA S corporation or partnership.
Amended Schedule
Fill in the oval if the PA-20S/PA-65 Schedule RK-1 is an amended schedule.
Final
Fill in the oval if the PA-20S/PA-65 Schedule RK-1 is a final schedule.
PA S Corporations
Enter the shareholder’s percentage of stock ownership.
Partnerships
Enter the partner’s percentage of each of the following at the close of the taxable year:
Profit sharing
o
Loss sharing
o
Ownership of capital
o
Estate/Trusts
Enter the beneficiary’s percentage of year end distributions.
PART II. OWNER’S DISTRIBUTIVE SHARE OF INCOME (LOSS)
Line 1. PA Taxable Business Income (Loss) from Operations
Enter the member’s pro rata distributive share from the PA-20S/PA-65 Information Return. The
entity must report the member’s share of income (loss) whether distributed or not. If reporting a
loss, fill in the oval.
Lines 2 through 7.
Enter the member’s pro rata distributive share of the separately stated items of other PA taxable
income (loss) from the PA-20S/PA-65 Information Return. If reporting a loss on Lines 4, 5 and/or
7, fill in the oval.
NOTE: Include any PA S corporation distributions to PA resident shareholders from PA C
corporation earnings and profits on Line 3.
PART III. OWNER’S SHARE OF PA CREDITS
Enter the member’s pro rata distributive share of the separately stated credits that the PA S
corporation or partnership passes through to the owners from the PA-20S/PA-65 Information
Return.
Line 8. Out-of-State Credits for Resident Partner or Shareholder
Enter the out-of-state credit from composite returns filed by the PA S corporation or partnership
on behalf of resident partners or shareholders.
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106
2006 - PA-20S/PA-65

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