Instructions For Rct-123 Return (Page 2 of 2) in pdf

RCT-123-I (I)

Page 2

Report Due Date, Payments and Mailing Addresses

This report is due on or before Jan. 31 for the preceding year ended Dec. 31. If Jan. 31 falls on a Saturday, Sunday or holiday, the report is

due the next business day. A penalty for late filing will be imposed as follows and assessed at the time of filing: 10 percent of the first $1,000

of tax liability, 5 percent of the next $4,000 of tax liability and 1 percent on any tax liability in excess of $5,000.

Payments of $20,000 or more must be remitted electronically. For more information on electronic filing options, visit

Payments under $20,000 may be remitted by mail, made payable to the PA Department of Revenue.

Mail RCT-123 – with remittance, if applicable – to the following address:

PA DEPARTMENT OF REVENUE

PO BOX 280407

HARRISBURG, PA 17128-0407

Due Date Extension Request

To request a due date extension of up to 60 days to file the annual report, you must file an extension request coupon by the original report

due date. However, an extension of time to file does not extend the deadline for payment of tax, and an extension request must be

accompanied by payment of taxes owed for the taxable year for which the extension is requested. Mail the extension coupon separately from

all other forms.

Taxpayers using an electronic method to make payment with an extension request should not submit the extension coupon.

Current Period Overpayment Instructions

If the remittance column is less than zero on Page 1 of your completed RCT-123, an overpayment exists, and you should instruct the

department how to transfer and/or refund the overpayment. Select only one option in the “Overpayment Instructions” area of Page 1. If no

option is selected, any overpayment will automatically be credited to the next tax period.

A. Overpayment is transferred automatically to offset other underpaid taxes in the current tax period, and any remaining credit is then

applied to the next tax period for estimated tax purposes.

B. Prior to issuing a refund, the department will apply overpayment to unpaid tax in the current tax period. The department may also

offset other unpaid liabilities or commonwealth obligations for the account.

Requests For Refund Or Transfer of Available Credit

Requests for refund or transfer of available credit from prior periods or from the current nonreported tax period can be faxed on company

letterhead, signed by an authorized representative, to 717-705-6227.

Requests can also be submitted in writing to the following address:

PA DEPARTMENT OF REVENUE

PO BOX 280701

HARRISBURG, PA 17128-0701

Please do not duplicate requests for refund and/or transfer by submitting both RCT-123 and written correspondence.

CONTACT INFORMATION

To make electronic payments and file extensions electronically, visit e-TIDES at For additional information

and assistance with electronic payment and filing options, call 717-783-6277.

If you have general business tax questions, call 717-787-1064.

To confirm account payments, call 1-888-PATAXES.

If you have questions regarding payments or refunds, call the Accounting Division at 717-705-6225.

Requests for transfer of credit may be faxed to the Accounting Division at 717-705-6227.

If you have questions regarding tax settlements, assessments or filing requirements, call the Specialty Tax Unit at 717-783-6031.

ESTIMATED PAYMENTS AND EXTENSIONS TO FILE THE RCT-123 CAN

NOW BE FILED ONLINE AT

Instructions For Rct-123 Return Page 2