Instructions For Form Pa 40nrc - Consolidation Return For Qualified Electing Nonresident S Corporation/partnership Information Return Instructions Page 2
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3GENERAL INSTRUCTIONS
Identification Information
File the PA-40NRC under the EIN, name, and address of the partnership or PA S corporation.
Type of Business Entity
Fill in the appropriate oval and enter a brief description of the primary activity of the partnership or PA S corporation.
Final Return
If the partnership or PA S corporation is out of business, fill in this oval, enter the date the entity went out of existence, and
explain the reason for filing a final return.
Total Number of Nonresidents
Enter the number of all nonresident partners or shareholders. If every nonresident elects to file on the PA-40NRC, this
number will be the same as the Number of Nonresidents Electing.
Number of Nonresidents Electing
Enter the number of nonresidents electing to file on the PA-40NRC.
NOTE: A PA Schedule NRK-1 for each electing nonresident partner or shareholder must accompany the PA-40NRC.
LINE INSTRUCTIONS
Total PA Source Taxable Income (Loss)
Lines 1 - 5.
Enter the PA net taxable income (loss), by income class, from the PA Schedules NRK-1 of the electing
nonresidents.
If a loss, fill in the oval next to the line.
Line 6.
Add the income amounts on Lines 1 through 5. Do not include losses. A loss in one Income class may not
reduce Income in other classes.
PA Tax Liability
Line 7.
Multiply the total on Line 6 by 3.07 percent (0.0307) to calculate the PA income tax due before allowable
credits.
Allowable PA Credits
Line 8.
Enter the total of each electing nonresident’s portion of tax withheld from the
PA Schedules NRK-1. If every nonresident member elects to file on the PA-40NRC, this amount should
equal the total nonresident withholding payments made by the partnership or PA S corporation.
Lines 9 – 11. Enter the total of these credits from the PA Schedules NRK-1.
Line 12.
Add Lines 8 through 11.
PA Tax Due
Line 13.
If Line 7 is more than Line 12, subtract Line 7 from Line 12, and enter the amount of PA tax due. If the
amount due is $1 or less, the Department does not require a payment, but does require that the entity file
the PA-40NRC.
IMPORTANT:
• Line 11 should read "Total Share of PA Research and Development Credit, and PA Film Production Tax Credit
– Submit Schedule."
• Line 15b should read "Amount of Line 14 to be credited to the 2005 Nonresident Withholding Account."
Payment Options
With Form PA-V
If the entity has a correct personalized Form PA-V, make the check or money order payable to: PA Dept. of Revenue.
Write your EIN and 2004 PA Tax on your payment. Place the Form PA-V and payment in the same envelope with your
PA-40NRC. Please DO NOT:
• Staple the payment to the return or Form PA-V.
• Use the Form PA-V if the entity does not owe tax.
• Use the Form PA-V if the name is incorrect. The entity can use the Form PA-V if the address is wrong, because the
Department will obtain the correct address from the PA-20S/PA-65 or PA-40NRC.
For forms & additional information, visit the Department’s Web site at
PA-20S/PA-65
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