Form Pa-40 G-S - Pa Schedule G-S - Calculation Of Credit For Taxes Paid To Other States Or Countries Page 3
Download a blank fillable Form Pa-40 G-S - Pa Schedule G-S - Calculation Of Credit For Taxes Paid To Other States Or Countries in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form Pa-40 G-S - Pa Schedule G-S - Calculation Of Credit For Taxes Paid To Other States Or Countries with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4Return To Form
PA SCHEDULE G-S
PA-40 G-S (10-12) (FI)
PA DEPARTMENT OF REVENUE
interest and dividend income all subject to tax in the same
Column B. Enter the amount from Line 2a, Column B.
country must report their income and tax on a separate PA
Column C. Compare Line 2c, Column A, with Line 2c,
Schedule G-S for the compensation. The couple may include
Column B and enter the lesser of the two amounts here. You
the interest or dividend income on a separately prepared
cannot claim more wages subject to tax in other states or
combined PA Schedule G-S for the interest or dividend
countries than are subject to tax in PA. Also, you cannot
income or include one-half of the interest and dividend
claim that retirement benefits withheld or paid for by your
income on each separately prepared PA Schedules G-S.
employer are subject to tax in any state or country other
Also see “Special Instructions for Taxpayers Reporting
than PA.
Amounts on PA-40 Line 10, Other Deductions” on Page 4 of
INTEREST AND DIVIDENDS
these instructions.
Lines 2d and 2e
IMPORTANT: When using fractions or ratios to deter-
Column A. If you are claiming a resident credit for taxes
mine any amounts for this schedule, calculate out to
paid on foreign interest and/or dividend income, enter the
six decimal places.
total amounts of interest and/or dividend income subject to
Line 1. Enter the name of the other state or country to which
tax in PA on Lines 2d and/or 2e from Lines 2 and 3 of your
you owed/paid income tax. A separate PA Schedule G-S
PA-40 return.
should be filed for each state or country in which you claim a
Column B. If you have interest and/or dividend income
resident credit. Do not enter Pennsylvania. Taxpayers claiming
subject to tax in another country, enter the interest or
a credit for foreign taxes paid only on interest and dividend
dividend income subject to tax in the other countries on the
income may combine the income and taxes from various
respective lines. You may combine amounts of income and
countries and write “VARIOUS” on Line 1. However, a sepa-
taxes from various countries and include it all on one PA
rate statement must be included to illustrate the amounts of
Schedule G-S. However, you must include a separate state-
income and taxes paid for each country in order to receive
ment to illustrate the amounts of income and taxes paid for
credit for the combined amounts reported. You may not claim
each country in order to receive credit for the combined
a credit for interest or dividend income subject to tax in
amounts reported. You must also calculate the allowable
another country on which no income tax was paid.
credit on a country-by-country basis on this statement prior to
entering the amounts on the PA Schedule G-S. The statement
COMPENSATION
showing the amounts of income, tax paid and credit calculated
Line 2a
on a country-by-country basis may show the name of stock,
Column A. If a taxpayer or spouse has compensation subject
type of income or transaction taxed in lieu of the country’s
to tax in another state or country, enter the amount of gross
name.
compensation subject to tax in PA from Line 1a of the PA-40.
Otherwise, leave this area blank. Report only the compensation
NOTE: Individual taxpayers should add Lines 2c, 2d and 2e
attributable to the name at the top of the PA Schedule G-S.
of Column B and enter the total on PA Schedule G-R, in Column
C of one of Lines 1 through 20. Losses may be offset against
Column B. If a taxpayer has income subject to tax in another
gains in this total, as long as offsetting is allowed in the other
state or country, enter the amount of gross compensation
state or country.
subject to tax in the other state or country from the other
CAUTION: If you have interest and/or dividend income clas-
state or country’s return. Include a copy of Form W-2 and/or
other documentation supporting the position that compensa-
sified as business or rental income and subject to tax in
tion is subject to tax in the other state or country. If Form W-2
another state, you must use PA Schedule G-L to claim the
shows an amount different than the amount of compensation
credit on that income. Also, if you claim a credit for taxes paid
reported on the return as taxable to the other state or country,
to a foreign country on interest and/or dividend income, that
include a copy of the other state or country’s apportionment
income must be classified as interest and/or dividend income
schedule or a copy of a supplementary statement illustrating
in PA to claim the income on these lines of PA Schedule G-S.
how the compensation subject to tax on the return for the
Column C. Compare the amounts on Lines 2d and 2e from
other state or country was determined. If the amount of
Columns A and B. Enter the lesser of the two amounts.
compensation shown on the W-2 is greater than the amount
Line 3. Add the amounts on Lines 2c through 2e for Column
of compensation reported as subject to tax on the return for
C and enter the result here. If you have amounts on lines 2d
the other state or country, you must use the amount reported
and/or 2e for Column C, you should not have an amount on
on the return.
Line 2c for Column C, unless the amounts on Lines 2d and 2e
Enter only the taxpayer’s or spouse’s portion of the compen-
for Column C are from one country and are from the same
sation subject to tax in the other state or country. You must
country as the amount for line 2c for Column C.
file a separate PA Schedule G-S and PA Schedule G-R to
Line 4a. Enter the amount of income tax reported to the other
claim credit for the other spouse’s compensation that was
state or country as due and payable before any credits for
taxed in another state or country.
taxes withheld, estimated tax payments or other payments
Column C. No entry is required.
are taken into account. This amount is generally the tax
liability as determined on the other state’s return. However,
Line 2b
any special tax credits awarded or claimed must be used to
Column A. If Line 2a, Column A, is completed and the tax-
reduce this amount.
payer or spouse claimed unreimbursed business expenses,
enter the amount of unreimbursed business expenses from
Line 4b. Enter the amount of income tax paid to the other
Line 1b of the PA-40. Enter only the unreimbursed business
state or country in the form of estimated taxes, withholding
expenses attributable to the name at the top of the PA
taxes, extension payments and other payments (additional
Schedule G-S. Otherwise leave this line blank.
assessments of taxes). Other payments include payments
that you intend to make with the filing of the return if there
Column B. No entry is required.
is a balance due after the application of estimated taxes,
Column C. No entry is required.
withholding taxes, and extension payments. If you do not
Line 2c
make the payment of taxes due with the return or intend to
Column A. Subtract Line 2b, Column A, from Line 2a,
make the payment, do not include the balance due on the
Column A. Enter the result here.
return with this amount.
PAGE 3
ADVERTISEMENT
0 votes
Related Articles
Related forms
Form Pa-40 G-s - Pa Schedule G-s - Calculation Of Credit For Taxes Paid To Other States Or Countries
Financial
Schedule Fit-167 - Vermont Credit For Tax Paid To Other State Or Canadian Province For Fiduciaries - 2015
Financial
Vt Schedule Fit-167 - Vt Credit For Tax Paid To Other State Or Canadian Province For Fiduciaries - 2017
Financial
Related Categories
Parent category: Financial