Form Rev-414 - Individuals Worksheet - Pa Department Of Revenue (Page 10 of 10) in pdf

• Enter the amount you are remitting in the Amount of Your

• PA law imposes the penalty even if the estate or trust has an

Payment area. The Amount of Your Payment is usually

overpayment on its PA-41, Fiduciary Income Tax Return.

determined by taking the Declaration of Estimated Tax block

The department will notify you with a preassessment notice if the

divided by 4. Carryover credits from the previous tax year are

estate or trust is subject to estimated underpayment penalty.

deemed to be estimated tax payments made for the first period

You can calculate the correct amount of the penalty on the

estimated taxes are due and should be subtracted from the

REV-1630F if you disagree with the amount on the notice.

payment amount for that period. Any carryover credit in excess

of the amount of estimated taxes due for the first or subsequent

SAFE HARBOR RULES

period should be subtracted from the second or subsequent

The department will not impose the penalty when:

period estimated taxes due;

1. The total timely estimated payments and credits are at least

• Make the check or money order payable to the “PA Dept.

of Revenue”;

equal to an amount calculated using the current year’s tax rate

• Write the estate or trust’s tax identification number and “2017

times the net taxable income on its prior year’s PA-41, Fiduciary

estimated tax payment” on the check or money order;

Income Tax Return, (NOTE: This exception does not apply if no

• Do not staple or attach the payment to the declaration;

return was filed in the prior year.); or

• Mail the declaration and check using the enclosed label

2. For each installment period, the timely estimated payments and

provided for your convenience. A preaddressed form and label

credits are at least 90 percent of the actual tax due on the

are provided for each payment;

income earned or received for each installment period.

• Fill in the record of estimated tax payments in Part C of the

REV-414(F) Estates and Trusts Worksheet.

Exception: The department only requires that estates (or trusts that

receive the residue of a probate estate) make estimated payments

Do not use the PA-40ESR (F/C) form or any other facsimile form

when you can use the preprinted PA-40ES Fiduciary form.

beginning with taxable years ending two or more years after the

decedent’s death.

Use only the properly dated form for each installment payment.

NOTE: An estate or trust that receives its income unevenly

IMPORTANT:

throughout the year may be able to lower or eliminate the amount

The department personalizes each PA-40ES Fiduciary Declaration

of its required estimated tax payment for one or more periods by

of Estimated Fiduciary Personal Income Tax form with the name

using the annualized income installment method.

and address of the estate or trust. NOTE: DO NOT USE SOCIAL

PART 7. FORMS ORDERING:

SECURITY NUMBERS. The PA-40ES Fiduciary forms also have a

If the estate or trust did not receive its preprinted forms or they were

unique line of information, including an encrypted version of the

lost or damaged, order the PA-40ESR(F/C) form from one of the

estate or trust’s federal EIN, that the department uses to post the

telephone numbers below or in writing to one of the addresses

estimated payment. DO NOT GIVE THE PREPRINTED FORMS

below. You may also obtain the PA-40ESR(F/C) form from the

TO ANY OTHER TAXPAYER. THIS MAY CAUSE THE PAYMENT

department's website,

TO BE APPLIED TO ANOTHER ESTATE OR TRUST’S ACCOUNT.

For answers to common questions or to obtain tax forms, schedules

DO NOT MAKE CORRECTIONS ON THE PA-40ES FIDUCIARY

and instructions from the department, you may:

FORMS. IF THE PREPRINTED INFORMATION IS INCORRECT,

• Visit the department’s website at

COMPLETE A PA-40ES CORRECTION FORM, (REV-459) and

• Send email requests for forms to the department at

mail it to:

ra-forms@pa.gov; or

PA DEPARTMENT OF REVENUE

BUREAU OF INDIVIDUAL TAXES

• Call 1-888-PATAXES (1-888-728-2937). Within the local

PIT DELINQUENT TAX DIVISION

Harrisburg area, call 717-425-2533.

PO BOX 280510

HARRISBURG PA 17128-0510

Send written requests for the PA-40ESR(F/C) form to:

DO NOT SEND PAYMENTS TO THIS ADDRESS

PA DEPARTMENT OF REVENUE

TAX FORMS SERVICE UNIT

To control costs, the department will only provide new estimated

1854 BROOKWOOD STREET

forms when you make a change to the taxpayer’s name. The

HARRISBURG PA 17104-2244

department will make address changes on the next year's estimated

forms.

DO NOT SEND PAYMENTS TO THIS ADDRESS.

PART 5. AMENDING ESTIMATED TAX PAYMENTS

Send written requests for preprinted PA-40ES Fiduciary forms to:

The estate or trust may have a change in income, credits or its

PA DEPARTMENT OF REVENUE

distribution deduction during the year that requires it to change or

BUREAU OF INDIVIDUAL TAXES

amend the estimated tax and payments. To change or amend

PIT DELINQUENT TAX DIVISION

estimated tax liability and subsequent payments, first refigure the

estimated tax using the REV-414(F), Estates and Trusts Worksheet.

PO BOX 280510

Then subtract any estimated payments already paid. Make the

HARRISBURG PA 17128-0510

remaining installment payments using the instructions for payment

DO NOT SEND PAYMENTS TO THIS ADDRESS.

due dates shown on the front.

You may also contact a Revenue district office for forms or assistance.

PART 6. WHEN A PENALTY IS APPLIED

These offices are listed on the reverse side of the REV-414 (F),

In some cases, an estate or trust may owe an interest penalty.

Estates and Trusts Worksheet.

PA law imposes this penalty on each underpayment for the number

of days that it remains unpaid, but not beyond the due date for the

PART 8. MAILING INSTRUCTIONS:

tax return.

Completed coupons should be mailed to the department using

the preprinted address labels provided by the department or the

• PA law imposes the penalty when the estate or trust did not

make the payments on time and/or in the required amount.

address printed on the reverse side of the PA-40ESR coupon.

Form Rev-414 - Individuals Worksheet - Pa Department Of Revenue Page 10

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