Pennsylvania Schedule P - Refund Donations to Pennsylvania 529 College Savings Program Accounts

Schedule P - Refund Donations to Pennsylvania 529 College Savings Program Accounts
2023 PA Schedule P - Refund Donations to Pennsylvania 529 College and Career Savings Program Accounts (Form and Instructions) (PA-40 P)
IMPORTANT: FILL IN FORM MUST BE DOWNLOADED ONTO YOUR COMPUTER PRIOR TO COMPLETING
2300710056

PA SCHEDULE P
Refund Donations to
Pennsylvania 529 College and Career
Savings Program Accounts
PA-40 P (EX) 03-23 (FI)
PA Department of Revenue

2023

Name (if filing jointly, use name shown first on the PA-40)

OFFICIAL USE ONLY

Social Security Number (shown first)

CAUTION: Pennsylvania 529 College and Career Savings Program (PA 529) account numbers must be included or the donation(s) will not be
made as requested. If a donation cannot be made, a refund will be issued for the amount of the requested donation(s). Donations can only be
made to PA 529 Accounts. Total PA 529 Account donations – plus all other donations on Lines 32 through 36 of the PA-40, cannot exceed the
amount on PA-40 Line 29.
1. PA 529 11-Digit Account Number

Refund Donation

$
First Name of Beneficiary

Last Name of Beneficiary

2. PA 529 11-Digit Account Number

Refund Donation

$
First Name of Beneficiary

Last Name of Beneficiary

3. PA 529 11-Digit Account Number

Refund Donation

$
First Name of Beneficiary

Last Name of Beneficiary

4. PA 529 11-Digit Account Number

Refund Donation

$
First Name of Beneficiary

Last Name of Beneficiary

5. PA 529 11-Digit Account Number

Refund Donation

$
First Name of Beneficiary

Last Name of Beneficiary

If more than five PA 529 Account donations, please complete and submit additional schedules.

2300710056
Reset Entire Form

TOP OF PAGE

2300710056
NEXT PAGE

PRINT

2023
Instructions for PA-40 Schedule P

PA-40 P IN 03-23

Refund Donations to Pennsylvania 529 College and Career Savings Program Accounts
GENERAL INFORMATION

PURPOSE OF SCHEDULE
Use PA-40 Schedule P to designate the amount of the overpayment from Line 29 of the PA-40 to be donated to one or
more Pennsylvania 529 College and Career Savings Program accounts whenever donation Code H is used on one
of the Lines 32 through 36 of the PA-40, Personal Income
Tax Return.
NOTE: The department will issue a refund in lieu of
adjusting the donation if it reduces the overpayment
amount on Line 29 of the PA-40, Personal Income Tax Return, at the time it processes the return.
Donations to PA 529 Accounts on a 2023 PA Schedule
P, may be deducted on a 2024 PA Schedule O, Other
Deductions, if the amount is reported on 2024 Form 1099G, Certain Government Payments. Refer to the department’s website to obtain Form 1099-G information and PA
Schedule O.

WHO MUST COMPLETE
PA-40 Schedule P must be completed and included with an
originally filed PA-40, if electing to make a donation of an
overpayment of taxes to a Beneficiary Pennsylvania 529 Account.
PA-40 Schedule P may only be included with an amended
return where the amended income decreases or where tax
withholding, estimated tax payments or tax credits increase
from the amounts originally reported or as reported on the
most recent amended return. Adjustments to amounts on
the original PA-40 Schedule P may not be adjusted as a result of an amendment. If a donation to a PA 529 Account of
the overpayment on an amended return is requested by including donation Code H on one of the Lines 32 through 36
of the Amended PA-40, a new Schedule P must be completed that reflects only the Amended PA-40 overpayment
amount to be donated. Section III on Page 2 of Schedule
PA-40 X must be completed to explain that a new Schedule
P is included with the return.

SOCIAL SECURITY NUMBER
Enter the Social Security number (SSN) of the primary taxpayer.

LINE INSTRUCTIONS
BOXES 1 THROUGH 5
For each PA 529 Account, enter the required information.
PA 529 ACCOUNT NUMBER
Enter the eleven digit PA 529 Account number(s) for each
Beneficiary to whom a refund donation will be made.
CAUTION: If a PA 529 Account number is not entered,
a donation will not be made and a refund will be issued
in lieu of the donation.
REFUND DONATION
Enter the amount of the overpayment to be donated.
FIRST NAME OF BENEFICIARY
Enter the first name of the Beneficiary that matches the PA
529 Account number and for whom a refund donation is
being requested.
LAST NAME OF BENEFICIARY
Enter the last name of the Beneficiary that matches the PA
529 Account number and for whom a refund donation is
being requested.
If there are more than five PA 529 Account donation
Beneficiaries for which a donation is requested, please
complete and submit additional schedules.
TOTAL REFUND DONATIONS
Add the refund donation amounts for Boxes 1 through 5 for
each Schedule P and enter the amount on the PA-40 line
with Code H on the line.
CAUTION: Do not enter Code H more than one time
on any of the Lines 32 through 36 of the PA-40, Personal Income Tax Return. Use multiple Schedules P to designate multiple donations.

IDENTIFICATION INFORMATION

CAUTION: The total amount of donations to PA 529
Accounts, plus any other donations listed on Lines 32
through 36 of the PA-40, Personal Income Tax Return, may
not exceed the amount on Line 29 of the PA-40.

NAME
Enter the name of the taxpayer. If a jointly filed return, enter
the name of the primary taxpayer (name shown first on the
PA-40, Personal Income Tax Return).

NOTE: If the department adjusts a return after the donation is sent to the requested PA 529 Account, the
department will issue a billing notice or assessment notice
for the total deficiency including the amount of the donation.

SCHEDULE INSTRUCTIONS

www.revenue.pa.gov

PA-40 P

1

RETURN TO FORM