Form Tc-65 - Partnership/ Limited Liability Partnership/ Limited Liability Company - 2012 Page 24
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26Line F – 5% of Income
This withholding tax is to be paid to the Tax Commis-
sion by the original due date of the return. If the return
Multiply the amount of income attributable to Utah for
is being fi led on extension, this withholding tax must
each pass-through entity taxpayer (line E) by 5%. If the
be prepaid by the original due date.
amount on line E is a loss, enter “0”. Also enter “0” if
the waiver request has been requested for this partner
Total Pass-through Entity Withholding
(box B checked).
Add the pass-through withholding in column I for all
Line G – Mineral Production Withholding Credit
partners. Enter this total at the bottom of the Schedule
N and carry it over to TC-65, line 3 and to Schedule
Enter the amount of any mineral production withholding
K, line 20.
tax allocated by the partnership to the pass-through
entity taxpayer. The credit for mineral production with-
holding tax reduces the amount of Utah withholding tax
Pass-through Withholding Tax
that is calculated for this partner on Schedule N. The
Calculation Summary
credit should also be reported on line 19 of Schedule
K-1 for this partner.
The Utah withholding tax for partners who are pass-
through entity taxpayers and for whom the waiver is
Line H – Upper-tier Pass-through
not requested is calculated as follows:
Withholding Tax
1. Line E – Enter the income attributable to Utah for
Enter the amount of any pass-through entity withholding
the partner and any Utah-source guaranteed
tax paid by a upper-tier (previous) pass-through entity,
payment (other than health insurance).
attributable to this partnership, and allocated to the
pass-through entity taxpayer of this partnership. The
2. Line F – Multiply the income on line E by the Utah
credit for upper-tier pass-through entity withholding tax
tax rate of 5% (.05).
reduces the amount of Utah withholding tax calculated
3. Line G – Enter any Utah mineral production with-
for this partner on Schedule N. The credit should also
holding tax allocated to this partner and which is
be reported on line 19 of Schedule K-1 for this partner.
used to reduce the amount of Utah withholding tax
Line I –
Withholding Tax to be Paid
calculated.
by This Partnership
4. Line H – Enter any previous Utah withholding tax
Subtract the total of the credits on lines G and H from
passed-through to this partnership by an upper-tier
the tax calculated on line F for each pass-through entity
pass-through entity and allocated to this partner,
taxpayer. Do not enter an amount less than zero.
and which is used to reduce the amount of Utah
withholding tax calculated.
The withholding tax shown in column I is the with-
holding tax this partnership must withhold or pay on
5. Line I – Enter the tax in column F less the sum of
behalf of the pass-through entity taxpayer. Report this
the allocated Utah mineral production withholding
withholding tax on line 20 of Utah Schedule K-1 given
tax in column G and the upper-tier pass-through
to the partner.
withholding tax in column H. This is the pass-through
withholding tax that must be paid by the partnership
on behalf of the partner. Do not enter an amount
less than zero.
TC-250 – Credits Received from Upper-tier
Pass-through Entities and Mineral Production
Withholding Tax Credit on TC-675R Instructions
TC-250 is used to report Utah nonrefundable and re-
TC-250 must be attached to your partnership return
fundable tax credits allocated on a Utah Schedule K-1
if the partnership received an allocation of nonre-
to this partnership by an upper-tier pass-through entity
fundable and/or refundable credits from an upper-
in which this partnership owns an interest, as well as
tier pass-through entity on a Utah Schedule K-1.
mineral production withholding tax credits received on
Upper-tier Pass-through Entity. An upper-tier pass-
a form TC-675R.
through entity is a pass-through entity in which this
partnership has an ownership interest and from whom
this partnership receives an allocation of income, gain,
loss, deduction, or credit on a Utah Schedule K-1.
Page 22
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