Form 58 - Partnership Income Tax - 2013 (Page 11 of 35) in pdf

Speciﬁ c line

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The partnership is a professional service

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If Form 58 is not ﬁ led on or before the

partnership that made guaranteed

due date (or extended due date), the

instructions for

payments for services performed by

penalty is equal to 5% of the tax due or

nonresident individual partners. These

page 1 of Form 58,

$5.00, whichever is greater, for the month

payments are not apportioned, but are

in which the return was due plus 5% of

lines 1-10

allocated to the state where the services

the tax due for each additional month (or

were performed by the partner. See the

fraction of a month) during which the

instructions to Item H on page 4 for more

return remains delinquent, not to exceed

Complete Schedule FACT,

Schedule K, and Schedule KP before

information.

25% of the tax due.

completing lines 1 through 10 on

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The partnership has an item of

page 1 of Form 58.

Interest. Calculate the interest amount as

nonbusiness income subject to allocation.

follows:

Line 4

See the instructions to North Dakota

Estimated tax payments

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If an extension of time to ﬁ le Form 58

Schedule K, line 24, on page 7 for more

was obtained, extension interest is

Enter the amount paid with the 2013

information.

calculated at the rate of 12% per year

Form 58-EXT and 2013 Form 58-ES plus any

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The amount in Column 5 includes interest

overpayment applied from the 2012 return.

on any tax due from the due date of the

from U.S. obligations.

However, if this is an amended return, do not

return to the earlier of the extended due

enter the amount from the 2013 Form 58-EXT

date or the date the return was ﬁ led.

Column 7

or 2013 Form 58-ES, or any overpayment

Nonresident individual only

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If any tax due is not paid by the due date

applied from the 2012 return; instead, enter

(or extended due date) of the return,

If the partner is a nonresident individual, and

the amount of the total taxes due from line 3

interest is calculated at the rate of 1%

the amount in Column 6 is $1,000 or more,

of the previously ﬁ led original or amended

per month (or fraction of a month) on the

multiply the amount in Column 6 by 3.22%

2013 Form 58.

unpaid tax, except for the month in which

(.0322) and enter the result in Column 7.

the return was due.

However, the following exceptions apply:

Line 6

Application of overpayment to 2014

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If the nonresident individual partner

Line 10

If there is an overpayment on line 5, the

Balance due

completed a Form PWA, enter the amount

partnership may elect to apply part or all of

from line 6 of Form PWA in Column 7,

If paying by paper check or money

it as an estimated payment toward its 2014

and mark the circle under “Form PWA.”

order, make it payable to “ND State Tax

tax liability. To make the election, enter the

Commissioner.” Instead of a paper check or

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If the nonresident individual partner

portion of line 5 to be applied on line 6. If this

money order, the balance due may be paid

elected to be included in a composite

election is made, the election and the amount

electronically through an Automated Clearing

applied may not be changed after the return

return, leave Column 7 blank and see the

House (ACH) credit transaction or online

is ﬁ led. If this is an amended return, do not

instructions to Column 8.

through Link2Gov Corporation, a national

make an entry on this line.

electronic payment service.

See “Withholding from nonresident individual

partners” on page 2 for more information.

Line 8

Tax due

To pay by means of an ACH transaction, go

Column 8

and click on “S Corp and

A tax due must be paid in full with the return

Nonresident individual only

Partnership” on the left-hand side of the page.

when the return is ﬁ led. See the instructions

Complete Column 8 for each nonresident

Then click on “Electronic Payment.”

to line 10 for payment options.

individual partner who elected to be

included in a composite return. Multiply the

Line 9

To pay online through Link2Gov Corporation,

Penalty and Interest

nonresident individual partner’s amount in

go to Link2Gov

Column 6 by 3.22% (.0322) and enter the

The Ofﬁ ce of State Tax Commissioner will

charges a fee for its service, none of which

result in Column 8. If the amount in Column

notify the partnership of any penalty and

goes to the State of North Dakota. The

6 is zero or less, enter zero in Column 8. See

interest payable on a tax due shown on

amount of the fee will be provided during

“Composite ﬁ ling method” on page 3 for

Form 58. However, the partnership may

the transaction with an option to continue or

more information.

calculate the penalty and interest amounts and

cancel the transaction.

include them in the balance due on Form 58.

Instructions

Penalty. Calculate the penalty amount as

follows:

for completing

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If Form 58 is ﬁ led on or before the due

Schedule K-1

date (or extended due date), but the full

amount of the tax due is not paid with the

return, the penalty is equal to 5% of the

A partnership is not subject to North

unpaid tax or $5.00, whichever is greater.

Dakota income tax. Instead, the partners are

responsible for reporting and paying any

applicable North Dakota income tax on their

shares of the partnership’s income reportable

to North Dakota.

Form 58 - Partnership Income Tax - 2013 Page 11

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