California Form 592-A - Payment Voucher For Foreign Partner Or Member Withholding - 2015 Page 3

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2015 Instructions for Form 592-A
Payment Voucher for Foreign Partner or Member Withholding
References in these instructions are to the Internal Revenue Code (IRC) as of January 1, 2009, and to the California Revenue and Taxation Code (R&TC).
General Information
To complete the payment vouchers, enter all the information requested,
using black or blue ink.
R&TC Section 18662 requires withholding on payments made to
This form is to be completed by the withholding agent. To ensure timely
nonresidents for income received from California sources. For foreign
and proper application of the withholding payment to the withholding
partners or members, the withholding rate is the maximum California
agent’s account, enter the business or individual withholding agent’s
tax rate applicable to the partner or member (currently, 8.84% for
name, and social security number (SSN), individual tax identification
corporations, 10.84% for banks and financial institutions, and 12.3% for
number (ITIN), federal employer identification number (FEIN), California
all others).
corporation number (CA Corp no.), or California Secretary of State
Do Not Round Cents to Dollars – On this form, do not round cents to
(CA SOS) file number of the partnership or LLC in the spaces provided.
the nearest whole dollar. Enter the amounts with dollars and cents as
Private Mail Box (PMB) – Include the PMB in the address field. Write
actually withheld.
“PMB” first, then the box number. Example: 111 Main Street PMB 123.
Purpose
Foreign Address – Enter the information in the following order: City,
Country, Province/Region, and Postal Code. Follow the country’s
Use Form 592‑A, Payment Voucher for Foreign Partner or Member
practice for entering the postal code. Do not abbreviate the country’s
Withholding, to remit partnership or limited liability company (LLC)
name.
withholding payments on foreign partners or members to the Franchise
Enter the payment amount that represents withholding on partnership
Tax Board (FTB) during the year, or to remit the balance due on
or LLC income or gain allocable under IRC Section 704 to foreign
partnership or LLC income or gain allocable under Internal Revenue
(non‑U.S.) partners or members. If you have withholding for domestic
Code (IRC) Section 704 to foreign (non‑U.S.) partners or members.
and foreign partners or members, you can use the Installment Payment
Use Form 592‑A for the calendar year ending December 31, 2015, or
Worksheet that follows these instructions to figure the required
fiscal years ending in 2016.
installment payment amounts of withholding for foreign partners or
members. For more information about withholding on foreign partners
Use Form 592‑A to remit backup withholding payments. Backup
or members, get FTB Pub.1017, Resident and Nonresident Withholding
withholding supersedes all types of withholding. For more information
Guidelines.
on backup withholding, go to ftb.ca.gov and search for backup
withholding.
Where to File
At the close of the taxable year, the partnership or LLC completes
Form 592‑F, Foreign Partner or Member Annual Return, to report the
Using black or blue ink, make your check or money order payable to:
total withholding for the year and allocate the income or gain and
“Franchise Tax Board.” Write your SSN or ITIN, FEIN, CA Corp no., or
related withholding to foreign partners or members. A completed
CA SOS file number, and “2015 Form 592‑A” on it. Make all checks or
Form(s) 592‑B, Resident and Nonresident Withholding Tax Statement,
money orders payable in U.S. dollars and drawn against a U.S. financial
must be provided to the payees.
institution.
Supplemental Payment Voucher – If there is a balance due on
If you are remitting payment only, detach the appropriate installment
Form 592‑F, submit the Supplemental Payment Voucher from
voucher from Form 592‑A and enclose, but do not staple, the payment
Form 592‑A and Form 592‑F with the payment at the same time.
with the voucher and mail to:
Do not use Form 592‑A to report tax withheld on domestic nonresident
FRANCHISE TAX BOARD
partners or members. For more information regarding reporting tax
PO BOX 942867
withheld on domestic nonresident partners or members, get Form 592,
SACRAMENTO CA 94267‑0651
Resident and Nonresident Withholding Statement.
If you are submitting Form 592‑F with a payment, you must enclose,
but do not staple, Form 592‑F, the Supplemental Payment Voucher from
When to Pay
Form 592‑A, and your payment.
Payments with Form 592‑A are due to the FTB on the 15th day of the
Mail these items to the address above.
4th, 6th, 9th, and 12th month of the partnership’s or LLC’s taxable year.
The withholding agent retains this form for a minimum of four years and
If there is a balance due on Form 592‑F, line 8, remit payment with the
must provide it to the FTB upon request.
Supplemental Payment Voucher provided. The Supplemental Payment
Voucher and payment are due by the original due date of Form 592‑F,
Interest and Penalties
regardless of extension.
The law provides for interest and penalties on late payments of
When a due date falls on a weekend or holiday, the deadline to file and
withholding. Interest is computed from the due date of the withholding
pay is extended to the next business day.
to the date paid.
Instructions
Failure to timely withhold may result in the withholding agent being
personally liable for the amount of tax that should have been withheld
Form 592‑A has five payment vouchers. The first four installment
and for interest and penalties. For more information, get FTB Pub. 1150,
vouchers are submitted with each of the four withholding payments
Withhold at Source Penalty Information.
throughout the year. The fifth voucher is a supplemental payment
voucher. The supplemental payment voucher is only submitted when
Form 592‑F has a balance due.
Form 592‑A Instructions 2014 Page 1

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