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others. For pass-through entities, the amount

If you are an S corporation, partnership, or

withheld is allocated to partners, members,

LLC, you may either flow-through the entire

For more information or to speak to a

S corporation shareholders, or beneficiaries,

amount to your shareholders, partners, or

representative regarding this form, call the

whether they are residents or nonresidents of

members or claim the withholding, to the

Withholding Services and Compliance’s

California, in proportion to their ownership or

extent of your outstanding tax liability, on your

automated telephone service at: 888.792.4900

beneficial interest.

tax return.

or 916.845.4900.

If the withholding exceeds the amount of tax

Line 3

OR write to:

Enter the total backup withholding. Compute

you still owe on your tax return, you must

flow-through the excess to your shareholders,

backup withholding by applying a 7% rate

WITHHOLDING SERVICES AND COMPLIANCE

to all reportable payments subject to IRS

partners, or members.

FRANCHISE TAX BOARD

backup withholding with a few exceptions. For

If you do not have an outstanding balance on

PO BOX 942867

California purposes dividends, interests, and

SACRAMENTO CA 94267-0651

your tax return, you must flow-through the

any financial institutions release of loan funds

entire amount to your shareholders, partners,

You can download, view, and print California

made in the normal course of business are

or members. Use Form 592 to flow the

tax forms and publications at ftb.ca.gov.

exempt from backup withholding.

withholding to your shareholders, partners, or

OR to get forms by mail, write to:

members.

TAX FORMS REQUEST UNIT

Instructions for Recipient

If you are an estate or trust, you must flow-

FRANCHISE TAX BOARD

through the withholding to your beneficiaries

PO BOX 307

This withholding of tax does not relieve you of

if the related income was distributed. Use

RANCHO CORDOVA CA 95741-037

the requirement to file a California tax return

Form 592 to flow-through the withholding to

within three months and fifteen days (two

For all other questions unrelated to withholding

your beneficiaries. If you did not distribute the

months and fifteen days for a corporation)

or to access the TTY/TDD number, see the

income, you must claim the withholding on the

after the close of your taxable year.

information below.

fiduciary return, Form 541, California Fiduciary

You may be assessed a penalty if:

Income Tax Return.

Internet and Telephone Assistance

• You do not file a California tax return.

The amount shown as “Total income subject

Website:

ftb.ca.gov

• You file your tax return late.

to withholding” may be an estimate or may

Telephone: 800.852.5711 from within the

• The amount of withholding does not satisfy

only reflect how withholding was calculated.

United States

your tax liability.

Be sure to report your actual taxable California

916.845.6500 from outside the

source income. If you are an independent

United States

How to Claim the Withholding

contractor or receive rents or royalties, see

TTY/TDD: 800.822.6268 for persons with

Report the income as required and enter the

your contract and/or Form 1099 to determine

hearing or speech impairments

amount from Form 592-B, Part IV, line 2 on

your California source income. If you are a

Asistencia Por Internet y Teléfono

your California tax return as real estate and

shareholder, partner, member, or beneficiary of

other withholding from Form(s) 592-B or 593.

Sitio web: ftb.ca.gov

an S corporation, partnership, LLC, estate, or

Attach a copy of Form 592-B to your California

Teléfono:

800.852.5711 dentro de los

trust, see your California Schedule K-1 (100S,

tax return. If you received a composite

Estados Unidos

565, 568, 541), Share of Income, Deductions,

statement from a broker, attach only the

916.845.6500 fuera de los Estados

Credits, etc., issued by that entity to determine

Form 592-B information. Make a copy for your

Unidos

your California source income.

records.

TTY/TDD: 800.822.6268 personas con

discapacidades auditivas y del

If you have backup withholding, you must

habla

contact the FTB to provide a valid Taxpayer

Identification Number (TIN) before filing a tax

return. The following are acceptable TINS:

social security number (SSN); individual

taxpayer identification number (ITIN); federal

employer identification number (FEIN);

California corporation number (CA Corp. no.);

or Secretary of State (SOS) file number. Failure

to provide a valid TIN will result in the denial

of the backup withholding credit. Using the

information provided on this page, contact us

as soon as you receive this form.

Page 4 Form 592-B 2012

California Form 592-B Draft - Resident And Nonresident Withholding Tax Statement - 2013 Page 3

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