Instructions For Form Pa-40 Nrc - Nonresident Consolidated Income Tax Return

Total Number of

If there is no post office box, leave the

nonresident individual’s portion of tax

second line of address blank.

Nonresident Individuals

withheld and reported on the PA-

20S/PA-65 Schedules NRK-1, Line 6.

Enter the number of all nonresident

For a foreign address enter the city or

This figure comes from the withholding

owners. Submit the PA-40 Schedule

municipal designation. See

Foreign Ad-

account and includes quarterly pay-

NRC-I, Directory of Nonresident Own-

dress

Example.

ments, as well as any carry-over credit

ers – Individuals.

from the prior year.

For a Canadian address, enter the city

Number of

and postal delivery zone number. See

NOTE: Failure to remit quarterly

Nonresident Individuals

the example for Canada.

withholding tax payments for all

Enter the number of eligible nonresi-

nonresident owners will result in the

IMPORTANT: If the address has

dent individual owners electing to file

imposition of interest, penalty and es-

only a post office box, enter on

on the PA-40 NRC, Nonresident Consol-

timated underpayment penalty. Please

the first line of address.

idated Income Tax Return.

review REV-413 P/S on the depart-

City, State and ZIP Code

TIP: A PA-20S/PA-65 Schedule

ment’s website.

Enter the appropriate information in

NRK-1 for each electing nonresi-

each box. For foreign address, the bot-

dent individual owner must accompany

LINE 9

tom lines of the address should show

the PA-40 NRC, Nonresident Consoli-

only the country name, written in full

dated Income Tax Return.

Total Other Credits

(no abbreviations) and in capital let-

If there is an amount on Line 9, submit

ters. See

Foreign Address

Instructions.

LINE INSTRUCTIONS

a PA-20S/PA-65 Schedule OC with a

supporting statement. The statement

FILL IN THE

should list the name of the credit(s)

LINES 1 THROUGH 5

APPLICABLE OVAL

passed through to the entity’s owners.

Pennsylvania-Source Taxable

Type of Business Entity

LINE 10

Income (Loss)

Fill in the appropriate oval

Enter the Pennsylvania net taxable in-

Total PA Credits

North American Industry

come (loss), by income class, from the

Add Lines 8 and 9.

Classification System

PA-20S/PA-65 Schedule NRK-1 of the

(NAICS) Code

electing nonresident individual owners.

LINE 11

If a loss, fill in the oval next to the line.

Provide your six-digit federal NAICS

code identified on Page 1 of your fed-

Tax Due

LINE 6

eral Form 1120S or 1065.

If Line 7 is more than Line 10, enter the

Amended Return

difference. If the amount due is less

Total PA-Taxable Income

than $1, the department does not re-

If the return is amended, fill in the oval.

Add the income on Lines 1 through 5.

quire payment but does require the en-

An amended PA-40 NRC, Nonresident

Do not add losses because different

tity to file the PA-40 NRC, Nonresident

Consolidated Income Tax Return, can

classes of income cannot be offset.

Consolidated Income Tax Return.

only be filed to adjust the amounts on

a return for increases or decreases in

LINE 12

amounts due to amendments made by

TIP: Guaranteed payments for

services, as shown on the PA-

the entity to PA-20S/PA-65 Schedule

Overpayment

NRK-1 or to correct errors. An amended

20S/PA-65 Schedule NRK-1 of a non-

PA-40 NRC, Nonresident Consolidated

resident consolidated electing partner,

If line 10 is more that Line 7, enter the

Income Tax Return, cannot be filed to

must be added to the appropriate class

difference. The department will not re-

include a newly electing nonresident in-

of income.

fund an overpayment less than $1.

dividual owner or to reverse an election

Complete Lines 13a and/or 13b.

LINE 7

to include a nonresident individual

LINE 13A

owner income.

PA Tax Due Before

Final Return

Allowable Credits

Refund Amount

If the PA S corporation, partnership or

Multiply the total on Line 6 by 3.07

Enter the amount of Line 12 to be re-

limited liability company is out of busi-

percent (0.0307) to calculate the

funded to the PA S corporation, part-

ness, fill in this oval.

Pennsylvania income tax due before

nership or entity formed as a limited

allowable credits.

liability company that is classified as a

Date Out-of-Existence

partnership or PA S corporation for fed-

Enter the date the entity went out of

LINE 8

eral income tax purposes.

existence (MMDDYY).

Extension Requested

Total PA Tax Withheld and

LINE 13B

Submitted from Electing

Fill in the oval if the entity requested an

Nonresident Individual Owners

Credited Amount

extension of time to file the PA-40 NRC,

(Including carryover credit from

Nonresident Consolidated Income Tax

Enter the amount of Line 12 to be

the prior year)

Return. For more information, refer to

credited to the 2014 nonresident with-

Extension of Time To

File.

Enter the total of each electing

holding

account.

The

department

Instructions For Form Pa-40 Nrc - Nonresident Consolidated Income Tax Return - 2013 Page 5

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