Tc-40 Forms And Instructions - Individual Income Tax Page 29
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TC-40W, Part 2 Instructions
Add the amounts of mineral production withholding tax from
all lines 5 and enter the total on form TC-40, page 2, line 36.
To claim credit for Utah mineral production withholding tax, en-
ter the following information. If from form TC-675R, enter lines
Do not send the TC-675R(s) with your Utah return. Keep them
1, 2, 3 and 5; if from Utah Schedule K-1, enter lines 4 and 5.
in your fi les.
• Line 1 - Enter the mineral producer's federal EIN (TC-675R
Processing may be delayed or the withholding tax credit dis-
box 2).
allowed if you do not complete the TC-40W with all required
• Line 2 - Enter the mineral producer's name (TC-675R box 1).
information.
• Line 3 - Enter the mineral producer's Utah withholding
account number (TC-675R box 3).
TC-40W, Part 3 Instructions
The Utah mineral withholding account number is a 14- char-
To claim credit for Utah withholding tax paid on your behalf by
acter number, the fi rst eleven characters are numeric and
a pass-through entity (partnership, LLP, LLC or S corporation),
the last three are "WMP." Do not enter hyphens. Example:
enter the following information from the Utah Schedule K-1
12345678901WMP.
on TC-40W, Part 3:
• Line 1 - Enter the pass-through entity's federal EIN.
If the form TC-675R does not refl ect this number, contact
• Line 2 - Enter the pass-through entity's name.
the payer to obtain the correct number to enter on TC-40W,
• Line 3 - Enter the Utah withholding tax withheld or paid on
Part 2. Failure to include this number from a TC-675R on
your behalf by the pass-through entity.
the TC-40W may cause your withholding to be disallowed
and delay any refund.
Add the amounts of pass-through entity Utah withholding
tax from all lines 3 and enter the total on form TC-40, page
• Line 4 - If the mineral withholding tax distribution was re-
2, line 35.
ceived from a pass-through entity (partnership, LLC, LLP
or S corporation), enter the pass-through entity's federal
Do not send the Utah Schedule(s) K-1 with your Utah return.
EIN. If you receive a TC-675R directly from the mineral
Keep them in your fi les.
producer, leave this line blank.
Processing may be delayed or the withholding tax credit dis-
• Line 5 - Enter your mineral production withholding tax (TC-
allowed if you do not complete the TC-40W with all required
675R box 5) or your share of mineral production withholding
information.
tax reported on Utah Schedule K-1 by a pass-through entity.
TC-675R Example
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