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

forms filed with the department may

Nonresident Consolidated Income

The entity must complete:

●

delay the processing of refunds.

Tax Return.

PA-40 Schedule NRC-I, Directory of

If you are filing any tax form

Nonresident Owners – Individuals -

other than an official tax form, please

Important.

List every nonresident individual

A participating

review Miscellaneous Tax Bulletin

partner, member, or shareholder

individual owner may not

2008-02 on the department’s

(owner) that received a PA-20S/PA-

change his or her election to file from

website.

65 Schedule NRK-1 from a PA S

PA-40 NRC, Nonresident

corporation, partnership or limited

Consolidated Income Tax Return to a

Maintaining Records

liability filing as a S corporation or

PA-40, Individual Income Tax Return

partnership for federal income tax

or vice versa after filing the

Signed Statements

purposes.

Pennsylvania tax return.

●

A-40 Schedule NRC-O, Directory of

Every participating nonresident

individual owner must make the

Nonresident and Foreign Owners –

Any electing nonresident

election to be part of the PA-40 NRC,

Other Entities – List every

individual owner that discovers other

Nonresident Consolidated Income

nonresident or foreign owner that is

Pennsylvania-source income (loss) is

Tax Return in writing each year. The

not an individual that received a PA-

responsible for filing a separate PA-

elections must be maintained in the

20S/PA-65 Schedule NRK-1 or PA-

40, Individual Income Tax Return for

entity files. The entity must maintain

20S/PA-65 Schedule H-Corp if the

such Pennsylvania-source income

for inspection at its principal office

owner is a corporate partner.

(loss). However, the nonresident

the following:

individual owners may lose the

●

Note.

A list of all nonresident owners with

If an entity filed a PA-

benefit of offsetting losses in classes

all pertinent information for the

of income where there is income

40 NRC, Nonresident

owners including the names (list by

(loss) for the newly discovered

Consolidated Income Tax Return, on

last name in alphabetical order),

Pennsylvania-source income (loss).

behalf of its qualifying electing

addresses, Social Security numbers,

nonresident individual owners, the

ownership interests, distributive

When To File

owner(s) do not file the PA-40,

shares of total taxable income, tax

Individual Income Tax Return.

If the due date falls on a Saturday,

due before application of payments,

Sunday, or business holiday, the

credits, shares of tax withheld or

Important.

The PA-40 NRC,

entity must file its PA-40 NRC,

payments, and shares of

Nonresident Consolidated

Nonresident Consolidated Income

overpayment, if any.

Income Tax Return must be filed

Tax Return, no later than midnight

●

A signed statement from each

separately from all other

on the first business day following

qualified nonresident individual listed

Pennsylvania tax returns.

the Saturday, Sunday, or business

on the PA-40 Schedule NRC-I,

holiday. The U.S. Postal Service

Directory of Nonresident Owners -

Assembling the PA-40

postmark date on the envelope is

Individuals evidencing the

proof of timely filing. Pennsylvania

NRC, Nonresident

individual’s election to join in filing a

follows the same tax year as federal

Pennsylvania consolidated group

Consolidated Income

rules.

return for the taxable year.

File your 2011 PA-40 NRC,

Tax Return

Nonresident Consolidated Income

Effect of a

Assemble the PA-40 NRC,

Tax Return, on or before April 17,

Nonresident Consolidated Income

Consolidated Return

2012 including an extension date of

Tax Return in the following order:

Oct. 15, 2012.

Unless rejected, the department

●

Signed original PA-40 NRC. Do not

If you cannot file by the original

considers the PA-40 NRC,

mail a photocopy.

due date, request an extension of

Nonresident Consolidated Income

●

time to file. See

Extension of Time To

PA-40 Schedule NRC-I

Tax Return, a return filed on behalf

File.

●

PA-40 Schedule NRC-O

of a group of electing nonresident

If you do not file your return by

●

PA-20S/PA-65 Schedules NRK-1 for

individuals that meet the individual

the original due date or extended due

each nonresident individual owner

filing requirements of Pennsylvania

date and do not pay the tax due by

included in the filing of the PA-40

personal income tax law.

the original due date, the department

NRC, Nonresident Consolidated

The department’s acceptance of a

imposes late filing and underpayment

Income Tax Return

PA-40 NRC, Nonresident Consolidated

penalties.

Income Tax Return, is conditional

Important.

Do not create a

upon review to determine that it is a

Calendar-Year Filer

substitute PA-40 NRC,

complete return and that all

Nonresident Consolidated Income

documentation was submitted.

An entity must report all taxable

Tax Return that has not been

This return is subject to

income recognized between Jan. 1

approved by the department.

revocation upon audit or review. The

and Dec. 31.

A spreadsheet is an unapproved

department retains the right at any

File your 2011 PA-40 NRC,

and unacceptable tax form.

time to require the filing of a PA-40,

Nonresident Consolidated Income

Unapproved tax forms filed with the

Individual Income Tax return from

Tax Return, on or before April 17,

department may be rejected and

any of the individual partners or

2012 on behalf of your qualifying

returned to the taxpayer or tax

shareholders.

electing nonresident individual

return preparer. This may result in

The department also retains the

owners unless an extension of time

the imposition of interest and

right to withdraw and modify the

to file has been granted.

penalty. In addition, unapproved tax

authority to file a PA-40 NRC,

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Instructions for PA-40 NRC

Instructions For Form Pa-40 Nrc - Nonresident Consolidated Income Tax Return - 2011 Page 2

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