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

The total of Lines 13a and

withholding account and includes

paid preparer’s space should remain

quarterly payments, as well as any

13b must equal Line 12.

blank. In addition anyone who

carry-over credit from the prior year.

prepares the PA-40 NRC, Nonresident

Consolidated Income Tax Return, but

Note.

does not charge the entity should not

Failure to remit

Who Must Sign

complete the paid preparer section.

quarterly withholding tax

Anyone who prepares a PA-40

payments for all nonresident owners

NRC, Nonresident Consolidated

will result in the imposition of

General Partner, Principal

Income Tax Return for a fee or

interest, penalty and estimated

Officer or Authorized

incident to the performance of

underpayment penalty. Please review

Individual Signature and

services for which the preparer

REV-413 P/S on the department’s

Name

charges a fee e.g. an attorney

website.

The PA-40 NRC, Nonresident

provides legal services for a fee and

Consolidated Income Tax Return

includes for free, the preparation of

Line 9

must be signed and dated.

the PA-40 NRC, Nonresident

Total Other Credits

The entity has not filed a valid

Consolidated Income Tax Return,

If there is an amount on Line 9,

PA-40 NRC, Nonresident

must complete the required paid

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

Consolidated Income Tax Return,

preparer information listed below:

with a supporting statement. The

unless it is properly signed. The

●

Print or type the paid preparer’s

statement should list the name of the

individual signing the return must be

names in the space provided.

credit(s) passed through to the

a general partner, limited liability

●

Sign the return in the space

entity’s owners.

company member, S corporation

provided for the paid preparer’s

officer, and/or authorized partner or

signature.

Line 10

representative or individual expressly

●

Fill in the other areas in the “Paid

authorized to sign.

Preparer Use Only” section.

Total PA Credits

The entity official signing the

●

Print or type the paid preparer’s

Add Lines 8 and 9.

return

verifies by written declaration,

company or corporation name and

under penalties of perjury, that he or

federal employer identification

Line 11

she personally has examined the

PA-

number, if applicable.

40 NRC, Nonresident Consolidated

Tax Due

●

Print or type the paid preparer’s

Income Tax Return

and its

If Line 7 is more than Line 10, enter

PTIN. If you are a paid preparer, you

accompanying schedules and to the

the difference. If the amount due is

must use a Preparer Tax Identification

best of his or her knowledge, the

PA-

less than $1, the department does

Number (PTIN) issued by the Internal

40 NRC, Nonresident Consolidated

not require payment but does require

Revenue Service (IRS) per REG-

Income Tax Return

is true, correct

the entity to file the PA-40 NRC,

134235-08 to identify yourself in the

and complete.

Nonresident Consolidated Income

paid preparer section of the tax

The entity official that is

Tax Return.

return.

responsible for signing the PA-40

●

Give a copy of the return to the

NRC, Nonresident Consolidated

Line 12

taxpayer.

Income Tax Return, must sign it by

Overpayment

hand; signature stamps or labels are

If someone prepares the return at

not acceptable, and include his or her

If line 10 is more that Line 7, enter

no charge, the paid preparer’s area

title, date, and daytime phone

the difference. The department will

need not be completed.

number.

not refund an overpayment less than

$1. Complete Lines 13a and/or 13b.

The responsible official must

submit all required schedules with

the PA-40 NRC, Nonresident

Line 13a

Consolidated Income Tax Return,

Refund Amount

including the PA-40 NRC-O and PA-

Enter the amount of Line 12 to be

40 NRC-I and a PA-20S/PA-65

refunded to the PA S corporation,

Schedules NRK-1 for each individual

partnership or entity formed as a

owner included in the filing.

limited liability company that is

classified as a partnership or PA

Preparer’s Signature and

corporation for federal income tax

Name

purposes.

Alternative signing is for the paid

preparer not the taxpayer. A paid

Line 13b

preparer may sign original or

Credited Amount

amended returns by rubber stamp,

mechanical device, or computer

Enter the amount of Line 12 to be

software program. Pennsylvania

credited to the 2012 Nonresident

follows federal guidelines for

Withholding Account. The

signature requirements for the

department will not credit an

preparer.

overpayment of less than $1.

If a partner, shareholder or

employee of the entity completes the

PA-40 NRC, Nonresident

Consolidated Income Tax Return, the

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Instructions for PA-40 NRC

Instructions For Form Pa-40 Nrc - Nonresident Consolidated Income Tax Return - 2011 Page 6

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