Instructions For Pa20s/pa-65 Schedule Rk-1

PA S Corporations Only

Note.

Income is considered

Completing

earned on the final day of the

Residency Period

tax year. If he/she is a resident on

The PA S corporation must submit a

PA Schedule RK-1

the last day of the year, he/she will

separate PA-20S/PA-65 Schedule

receive a PA-20S/PA-65 Schedule

RK-1 for that portion of the tax year

Foreign Address

RK-1. He/she can claim out-of-state

during which the shareholder was a

credit on income taxed elsewhere.

Pennsylvania resident.

Standards

A resident shareholder prorates

If the entity is located outside the

Entities with a

income based upon the number of

U.S., it is important to write the

days. The PA-20S/PA-65 Schedule

Significant Number of

foreign address on the PA-20S/PA-65

RK-1 determines the shareholder’s

Schedule RK-1 according to U.S.

Owners

pro rata distributive share of each

Postal Service standards.

item reported on the PA-20S/PA-65

In prior years entities with 100 or

Failure to use these standards

Information Return as follows:

more owners could submit the PA

may delay processing or

Step 1. Determines the daily

Schedules RK-1/NRK-1 in a CD

correspondence necessary to

amount by dividing the income (loss)

format. However going forward the

complete the processing of the

or credit by the number of days in

department will no longer offer this

return.

the PA S corporation’s tax year.

option. Please reference

To comply with foreign address

Step 2. Determines the

Informational Notice PIT 2013-02.

standards, use the following rules

shareholder’s daily part by

As an alternative Pennsylvania

when completing the address portion

multiplying the daily amount from

offers an electronic filing option that

of the PA-20S/PA-65 Schedule RK-1.

Step 1 by the percentage of stock

does not have a filing limit on the

● Eliminate apostrophes, commas,

owned by the shareholder on each

number of PA Schedules RK-1/NRK-

periods and hyphens.

day of the residency portion of the

● Write the name of the entity in the

PA S corporation’s tax year.

To obtain the electronic filing and

space provided.

Step 3. Totals the shareholder’s

payment formats or to obtain

● Write the address in the space

daily part for the number of days for

additional information on electronic

provided, including street and

which the shareholder was a

filing and payment options visit

building name and number,

Pennsylvania resident. Multiply the

Revenue’s e-Services Center on the

apartment or suite numbers, city

shareholder’s daily amount from Step

department’s website.

name and city or provincial codes.

2 by the number of days the

● Write only the name of the country

shareholder was a Pennsylvania

How To Amend

in the space provided for the city or

resident.

post office.

PA Schedule RK-1

●

Do not include any entries in the

Note.

Income is allocated

Where an amendment to the PA-

state or ZIP code space on the PA-

based on days residing in

20S/PA-65 Information Return

20S/PA-65 Schedule RK-1.

Pennsylvania. The owner will receive

results in a need to amend the PA-

Providing the address in this

a PA-20S/PA-65 Schedule RK-1 and

20S/PA-65 Schedules RK-1, an

format will better ensure that the

NRK-1. Each will reflect his/her

amended PA-20S/PA-65 Schedule

department is able to contact the

proportionate share of income earned

RK-1 must be forwarded to the PA

entity if additional information is

while a resident and a nonresident.

Department of Revenue with the

required.

amended tax return and a copy must

Below are examples of properly

Partnerships Only

be provided to each owner.

completed foreign addresses.

Residency Period

An amended PA-20S/PA-65

Information Return and an amended

A resident partner reports income

Foreign Address Example

PA-20S/PA-65 Schedule RK-1 for

based upon his/her residency status

DIETRICH ENTERPRISES

each owner must also be filed to

at year-end and does not prorate the

HARTMANNSTRASSE 7

correct any error on or reflect any

income. The partnership must submit

5300 BONN 1

change to the original PA-20S/PA-65

a separate PA-20S/PA-65 Schedule

FEDERAL REPUBLIC OF GERMANY

Information Return, whether or not

RK-1 for each individual partner if

an amended federal Form 1120S or

during the partnership’s taxable year,

DIETRICH ENTERPRISES

federal Form 1065 was filed for that

the partner was:

117 RUSSELL DR

year.

●

A Pennsylvania resident at the

LONDON W1PGHQ

To amend an original PA-20S/PA-

close of the taxable year;

ENGLAND

65 Schedule RK-1, use a blank

●

Deceased and a Pennsylvania

schedule for the tax year to be

resident at the time of his/her death

Canada (Only) Address Example

amended and fill in the “Amended

during the taxable year; and/or

Schedule” oval at the top of the

The following address format may be

●

A Pennsylvania resident at the

schedule. Do not send a copy of the

used when the postal address

close of business on the day during

original schedule. Complete the

delivery zone number is included in

the taxable year that he/she sold,

schedule by entering the corrected

the address:

exchanged, disposed of, liquidated,

information and submit it with the

redeemed his/her entire interest in

amended PA-20S/PA-65 Information

NORTH BY NORTHWEST CO

the partnership.

Return. See “Where To File” in the

1010 CLEAR ST

PA-20S/PA-65 instructions.

OTTAWA ONT K1A OB1

CANADA

Instructions For Pa20s/pa-65 Schedule Rk-1 - 2013 Page 2

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