Instructions For Form Pa-20s/pa-65 - Schedule A - Interest Income (Page 2 of 2) in pdf

Instructions For Form Pa-20s/pa-65 - Schedule A - Interest Income Page 2

Line 3

Line 7

Adjusted Federal Interest

Pennsylvania-Exempt

Completing

Income

Interest Income included on

PA Schedule A

Subtract Line 2 from Line 1. Enter

Line 6

the result on Line 3.

Enter income reported as federal

interest income that has been taxed

Business Name

federally and is exempt for

Line 4

Enter the complete name of the

Pennsylvania purposes. This number

entity or business as shown on the

Federal-Exempt Interest

can be obtained from entity books

PA-20S/PA-65 Information Return.

Income Taxable for

and records. Refer to Pennsylvania

Pennsylvania Personal

form REV-1643, Tax-Exempt

FEIN

Obligations for Pennsylvania Personal

Income Tax

Enter the nine-digit federal employer

Income Tax Purposes.

Enter the amount reported on federal

identification number (FEIN) of the

Schedule K from line “Tax-exempt

entity or business as shown on the

Line 8

interest income.”

PA-20S/PA-65 Information Return.

Pennsylvania-Taxable

Line 5

Interest Income

Line Instructions

Other Interest Income not

Subtract Line 7 from Line 6. Enter

the result on Line 8. Enter this

included on Line 3 and

Line 1

amount on the PA-20S/PA-65

Line 4

Information Return, Page 1, Part III,

Interest Income from

If the entity received interest income

Line 3.

Federal Schedule K

reported on a line other than federal

Enter the amount reported on federal

1120S Schedule K, Line 4 or federal

Schedule K. This number will also

1065 Schedule K, Line 5 then report

agree to PA-20S/PA-65 Schedule M,

as interest income for Pennsylvania

Part A, Line 4, Column A. Include

personal income tax purposes on PA-

federal Schedule K-1 interest income

20S/PA-65 Schedule A, Line 5.

from other entities.

Line 6

Line 2

Gross Pennsylvania Interest

Less Business or Rental

Income

Interest Income (Working

Add Lines 3 through 5. Enter the

Capital)

result on Line 6.

Enter the amount reported on PA-

20S/PA-65 Schedule M, Part A, Line

4, Column (b) and/or Column (f).

Instructions For Form Pa-20s/pa-65 - Schedule A - Interest Income Page 2

Related Articles

Related forms

Related Categories