Looking for a Pennsylvania Tax Forms And Templates? Download it for free!

during which the shareholder was a

CD Format for PA-

Completing

Pennsylvania resident.

20S/PA-65 Schedules

A resident shareholder prorates

PA Schedule RK-1

income based upon the number of

RK-1 and/or NRK-1

days. The PA-20S/PA-65 Schedule

Entities that have 100 or more

RK-1 determines the shareholder’s

Foreign Address

owners may submit the PA Schedules

pro rata distributive share of each

Standards

RK-1/NRK-1 in CD format; however,

item reported on the PA-20S/PA-65

they must meet the department’s

Information Return as follows:

If the entity is located outside the

specifications. To receive the

Step 1. Determines the daily

U.S., it is important to write the

department’s specifications for CD

amount by dividing the income (loss)

foreign address on the PA-20S/PA-65

format, please send a request to

or credit by the number of days in

Schedule RK-1 according to U.S.

RA-PTBO@pa.gov.

the PA S corporation’s tax year.

Postal Service standards.

Only PA-20S/PA-65 Schedules

Step 2. Determines the

Failure to use these standards

RK-1/NRK-1 can be included on the

shareholder’s daily part by

may delay processing or

CD. Do not include federal returns,

multiplying the daily amount from

correspondence necessary to

federal schedules K-1 and PA-

Step 1 by the percentage of stock

complete the processing of the

20S/PA-65 Information Returns.

owned by the shareholder on each

return.

These documents must be sent in

day of the residency portion of the

To comply with foreign address

paper form when submitting the

PA S corporation’s tax year.

standards, use the following rules

Schedules RK-1/NRK-1 in CD format.

Step 3. Totals the shareholder’s

when completing the address portion

The PA-20S/PA-65 Information

daily part for the number of days for

of the PA-20S/PA-65 Schedule RK-1.

Return will be considered incomplete

which the shareholder was a

●

Eliminate apostrophes, commas,

if the federal information is not

Pennsylvania resident. Multiply the

periods and hyphens.

included with the paper return.

shareholder’s daily amount from Step

●

Write the name of the entity in the

Pennsylvania offers another

2 by the number of days the

space provided.

option, electronic filing, that does not

shareholder was a Pennsylvania

●

Write the address in the space

have a filing limit on the number of

resident.

provided, including street and

PA Schedules RK-1/NRK-1.

building name and number,

To obtain the electronic filing and

Note.

Income is allocated

apartment or suite numbers, city

payment formats or to obtain

based on days residing in

name and city or provincial codes.

additional information on electronic

Pennsylvania. The owner will receive

●

Write only the name of the country

filing and payment options visit

a PA-20S/PA-65 Schedule RK-1 and

in the space provided for the city or

Revenue’s e-Services Center on the

NRK-1. Each will reflect his/her

post office.

department’s website.

proportionate share of income earned

●

Do not include any entries in the

while a resident and a nonresident.

How To Amend

state or ZIP code space on the PA-

20S/PA-65 Schedule RK-1.

PA Schedule RK-1

Partnerships Only

Providing the address in this

format will better ensure that the

Where an amendment to the PA-

Residency Period

20S/PA-65 Information Return

department is able to contact the

A resident partner reports income

entity if additional information is

results in a need to amend the PA-

based upon his/her residency status

required.

20S/PA-65 Schedules RK-1, an

at year-end and does not prorate the

amended PA-20S/PA-65 Schedule

Below are examples of properly

income. The partnership must submit

completed foreign addresses.

RK-1 must be forwarded to the PA

a separate PA-20S/PA-65 Schedule

Department of Revenue with the

RK-1 for each individual partner if

Foreign Address Example

amended tax return and a copy must

during the partnership’s taxable year,

be provided to each owner.

the partner was:

DIETRICH ENTERPRISES

An amended PA-20S/PA-65

HARTMANNSTRASSE 7

●

A Pennsylvania resident at the

Information Return and an amended

5300 BONN 1

close of the taxable year;

PA-20S/PA-65 Schedule RK-1 for

FEDERAL REPUBLIC OF GERMANY

●

Deceased and a Pennsylvania

each owner must also be filed to

resident at the time of his/her death

correct any error on or reflect any

during the taxable year; and/or

change to the original PA-20S/PA-65

●

A Pennsylvania resident at the

Information Return, whether or not

DIETRICH ENTERPRISES

close of business on the day during

an amended federal Form 1120S or

117 RUSSELL DR

the taxable year that he/she sold,

federal Form 1065 was filed for that

LONDON W1PGHQ

exchanged, disposed of, liquidated,

year.

ENGLAND

redeemed his/her entire interest in

To amend an original PA-20S/PA-

the partnership.

65 Schedule RK-1, use a blank

Canada (Only) Address Example

schedule for the tax year to be

Note.

The following address format may be

Income is considered

amended and fill in the “Amended

used when the postal address

earned on the final day of the

Schedule” oval at the top of the

delivery zone number is included in

tax year. If he/she is a resident on

schedule. Do not send a copy of the

the address:

the last day of the year, he/she will

original schedule. Complete the

receive a PA-20S/PA-65 Schedule

schedule by entering the corrected

NORTH BY NORTHWEST CO

RK-1. He/she can claim out-of-state

information and submit it with the

1010 CLEAR ST

credit on income taxed elsewhere.

amended PA-20S/PA-65 Information

OTTAWA ONT K1A OB1

Return. See “Where To File” in the

CANADA

PA-20S/PA-65 instructions.

- 2 -

Instructions for PA-20S/PA-65 Schedule RK-1

Instructions For Form Pa-20s/pa-65 - Schedule Rk-1 - Resident Schedule Of Shareholder/partner/beneficiary Pass Through Income, Loss And Credits - 2012 Page 2

Related Articles

Related forms

Related Categories