Instructions For Pa-40 Nrc - Nonresident Consolidated Income Tax Return

If the return is not filed by the

Extension of Time to

2. Enter the entity’s tax liability

original due date or extended due

on REV-276.

File

date and the tax due is not paid by

3. File REV-276 on or before the

the original due date, the department

original return due date of the

If the entity cannot file its PA-40

imposes late filing and underpayment

entity’s return along with a check or

NRC, Nonresident Consolidated

penalties.

money order for the current year

Income Tax Return on or before the

nonresident withholding tax liability.

original return due date, the entity

Calendar-Year Entity

File REV-276 in sufficient time

must use REV-276, Application for

before the return due date. The

Extension of Time to File, to file for a

An entity must report all taxable

return due date is usually April 15 for

6-month extension.

income recognized between Jan. 1

calendar-year filers and the 15th day

The department will not grant an

and Dec. 31.

of the fourth month following the

extension for more than 6 months

close of the fiscal year for fiscal-year

except for taxpayers outside the U.S.

Caution.

The PA-40 NRC,

filers. The department will not send a

An extension for the PA-40 NRC,

Nonresident Consolidated

letter granting the extension. But it

Nonresident Consolidated Income

Income Tax Return cannot be

will write if there is a question

Tax Return, is filed separately from

filed on a fiscal year.

concerning the request.

extensions for business returns since

nonresident individuals may not file

Fiscal-Year Entity

Mail Form REV-276 To:

on a fiscal year basis. A federal

A fiscal year is a period of 12

PA DEPARTMENT OF REVENUE

extension does not grant an

consecutive months without regard

BUREAU OF INDIVIDUAL TAXES

extension of time to file the PA-40

to the calendar year. The fiscal year

PO BOX 280504

NRC, Nonresident Consolidated

is designated by the calendar year in

HARRISBURG PA 17128-0504

Income Tax Return.

which it ends. A fiscal-year entity

An extension of time to file the

reports all taxable income recognized

PA-40 NRC, Nonresident

File a Paper REV-276

during the fiscal year.

Consolidated Income Tax Return,

A REV-276 can only be filed in paper

An entity cannot file the PA-40

does not extend the filing deadline

form. When requesting an extension

NRC, Nonresident Consolidated

for any other Pennsylvania tax

for the PA-40 NRC, it cannot be filed

Income Tax Return, on a fiscal year.

return. An entity must obtain a

electronically.

However, fiscal-year entities are

separate extension of time to file all

allowed to file the PA-40 NRC,

other Pennsylvania tax returns.

Nonresident Consolidated Income

How To File the PA-

Tax Return, on behalf of its

Qualifying for the

40 NRC, Consolidated

nonresident individual owners as long

Extension

as the nonresident individual qualifies

Income Tax Return

When a PA S corporation or

and elects to be included in the

with an Extension

partnership requests an extension

filing.

of time to file the PA-40 NRC,

The PA-40 NRC, Nonresident

When filing a PA-40 NRC,

Nonresident Consolidated Income

Consolidated Income Tax Return, will

Nonresident Consolidated Income

Tax Return, it extends the filing time

be filed for the calendar year in

Tax Return for which an extension

for its qualifying electing nonresident

which the fiscal year of the entity

was requested, the entity must:

owners also.

ends. See

When To

File.

●

Fill in the “Extension Requested”

An extension of time to file a PA-

oval at the top of the PA-40 NRC,

40 NRC, Nonresident Consolidated

Example.

ABC Company would file

Nonresident Consolidated Income

Income Tax Return does not extend

the PA-20S/PA-65 Information

Tax Return.

the time for full payment of the

Return, on the 2010 form – the

●

If the entity submitted a form REV-

catch-up nonresident withholding

beginning year of the entity. ABC

276, Application for Extension of

tax, nor does it preclude the

Company would file the PA-40 NRC,

Time to File, it should not submit the

assessment of penalty and interest

Nonresident Consolidated Income

extension paperwork with the PA-40

for underpayment of tax due. Pay in

Tax Return, on the 2011 form – the

NRC, Nonresident Consolidated

full the amount reasonably estimated

ending year of the entity. The

Income Tax Return.

as the catch-up nonresident

Schedule NRK-1 for each owner

You do not have to explain why

withholding tax due on or before the

allowed being included on the 2011

you are asking for the extension. The

original due date.

PA-40 NRC, Nonresident

department will contact you only if

Consolidated Income Tax Return,

your request is denied.

How To Obtain an

verifies the income (loss) earned

The department will not grant an

Extension of Time to File

during ABC Company’s fiscal year.

extension of time to file the PA-40

The fiscal beginning and ending dates

NRC, Nonresident Consolidated

1. Properly estimate the entity’s

are also reported on Schedule NRK-

Income Tax Return for longer than 6

current year nonresident withholding

months except in the case of a

tax liability using the information

taxpayer outside the U.S.

available to you.

Instructions for PA-40 NRC

- 3 -

Instructions For Pa-40 Nrc - Nonresident Consolidated Income Tax Return - 2012 Page 3

Related Articles

Related forms

Related Categories