Pennsylvania PA Corporate Tax Report

PA Corporate Tax Report
2023 PA Corporate Net Income Report (RCT-101)
FILL IN FORM USING ALL CAPS.
DO NOT USE DASHES (-) OR SLASHES (/) IN ANY FIELD. ENTER DATES AS MMDDYYYY. USE WHOLE DOLLARS ONLY.
1010023105

RCT-101 12-23 (FI) page 1 oF 4
pa CoRpoRaTe NeT INCoMe Tax RepoRT
START

DEPARTMENT USE ONLY

2023

PLEASE ENTER ALL DATES AS MMDDYYYY

STep a:

➜ Tax Year Beginning

Tax Year Ending

STep B:
Economic Nexus
Revenue ID
Federal EIN
NAICS code
Corporation Name
Address Line 1
Address Line 2
City
State
ZIP
Province
Country Code
Foreign Postal Code
Address Change

IRS Filing Type

Parent Corporation EIN

A = 1120

B = 1120S

C = Other

STep C:
Initial Report
Final Report (must include REV-861 and REV-181, where applicable)
Amended Report
File Period Change
Change Fed Group
52-53 Week Filer

S Corp filing as C Corp
KOZ/SDA CREDIT
Royalty/Related Interest Add-Back (Act 52 of 2013)
S Corp Taxable Built-in Gains
Section 381/382/Merger NOLs
Alternative Apportionment
Claiming P.L. 86-272 Protection

SeCTIoN a: geNeRaL INFoRMaTIoN QUeSTIoNNaIRe
1.
2.
3.
4.
5.
6.

State of Incorporation:
Date of Incorporation: (MMDDYYYY)
Date Commenced Doing Business in PA:
Describe corporate activity in PA:
Describe corporate activity outside PA:
Other states in which taxpayer has activity:

7. Does this corporation own all or a majority of stock in other corporations?

If yes, include the REV-798, Schedule X.

8. Has the federal government changed taxable income as originally
reported for any period for which reports of change have not been filed?

If yes, file the RCT-128C.

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1010023205
ReVeNUe Id
Tax yeaR eNd

RCT-101

12-23 (FI)

NaMe

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pa CoRpoRaTe NeT INCoMe Tax RepoRT 2023

SeCTIoN B: SChedULe C-1: appoRTIoNMeNT SChedULe FoR CoRpoRaTe NeT INCoMe Tax (Include RCT-106.)
Sales Factor

Special apportionment

Sales - PA
Sales - Total

1A
1B

Numerator
Denominator

2A
2B

Sales Factor

1C

Special
Apportionment

2C

USe whoLe doLLaRS oNLy

SeCTIoN C: pa CoRpoRaTe NeT INCoMe Tax
1.

Income or loss from federal return on a separate-company basis.

2.

dedUCTIoNS:
2a. Corporate dividends received (from REV-798, Schedule C-2, Line 7).
2B. Interest on U.S. securities (GROSS INTEREST minus EXPENSES).
2C. Current yr. addtl. PA deprec. plus adjust. for sale (REV-1834, Sched. C-8, Line 8).
2d. Other (from REV-860, Schedule OD) See instructions.
ToTaL dedUCTIoNS - Add Lines 2A through 2D and enter the result on Line 2.

2A
2B
2C
2D
2

addITIoNS:
3a. Taxes imposed on or measured by net income (from REV-860, Schedule C-5, Line 6).
3B. Current year bonus depreciation (REV-1834, Sched. C-8, Line 3).
3C. Intangible expense or related interest expense (REV-802, Sched. C-6; must include REV-802).
3d. Other (from REV-860, Schedule OA) See instructions.
ToTaL addITIoNS - Add Lines 3A through 3D and enter the result on Line 3.

3A
3B
3C
3D
3

3.

4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.

Income or loss with Pennsylvania adjustments (Line 1 minus Line 2 plus Line 3).
Total nonbusiness income or loss (from REV-934, Column C, Total; must include REV-934).
Income or loss to be apportioned (Line 4 minus Line 5).
Apportionment (from Schedule C-1, 1C, or 2C if using Special Apportionment).
Income or loss apportioned to PA (Line 6 times Line 7).
Nonbusiness income or loss allocated to PA (from REV-934, Column A, Total; must include REV-934).
PA taxable income or loss after apportionment (Line 8 plus Line 9).
Total net operating loss deduction (from RCT-103, Part A, Line 4).
PA taxable income or loss (Line 10 minus Line 11).
Qualified Manufacturing Innovation and Reinvestment Deduction (cannot reduce tax liability
by more than 50%).
PA CNI tax ((Line 12 – Line 13) times tax rate - See Instructions). If line 12 is less than zero , enter “0”.
Credit for tax paid by affiliate(s) for intangible expense or related interest expense
(from REV-803, Sch C-7: must include REV-803).
Tax Liability (Line 14 minus line 15).
Credit for CNI Tax Withholding (from PA Schedule CP, line 16).
Estimated Payments & Credits on Deposit.
Restricted Credits (cannot exceed line 16).
Total Due/Overpayment (Line 16 minus lines 17, 18 and 19).

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1010023305
ReVeNUe Id
Tax yeaR eNd

RCT-101

12-23 (FI)

NaMe

page 3 oF 4

pa CoRpoRaTe NeT INCoMe Tax RepoRT 2023

SeCTIoN d: TRaNSFeR/ReFUNd MeThod
1.
2.

Transfer (Amount to be credited to the next tax year after offsetting all unpaid liabilities).
Refund (Amount to be refunded after offsetting all unpaid liabilities).

1
2

dIReCT depoSIT: Banking rules do not permit direct deposit to bank accounts outside the U.S. If your bank account is outside the U.S.,
do not complete the direct deposit field or bank routing and account number information below in this case, and you will receive a check from
the Department. If your refund will be going to a bank account within the U.S., you have the option to have your refund directly deposited.
Direct Deposit
C=Checking S=Savings

Routing #

Account #

SeCTIoN e: BULk SaLe
*Schedule of Disposition of Assets, REV-861, must be completed and filed with this report.
Has the corporation sold or transferred in bulk, 51 percent or more of any class of assets? (See instructions.)
If yes, enter the following information. (Include a separate schedule if additional space is needed.)
Purchaser Name
Address Line 1
Address Line 2
City
State
ZIP
Province
Country Code
Foreign Postal Code

SeCTIoN F: SChedULe oF ReaL pRopeRTy IN pa (Include a separate schedule if additional space is needed.)
did you own or rent property in pa titled to the corporation or any Single Member LLC during this filing period?
If yes, the below section must be completed.
O = Own
R = Rent

Street address

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City

County

koZ/koeZ

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1010023405
ReVeNUe Id
Tax yeaR eNd

RCT-101

12-23 (FI)

NaMe

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pa CoRpoRaTe NeT INCoMe Tax RepoRT 2023

SeCTIoN g: CoRpoRaTe oFFICeR (Must sign affirmation below.)
CoRpoRaTe oFFICeRS
(See instructions.)
Must provide requested information
for all filled officer positions.

SSN

Last Name

First Name

MI

President/Managing Partner
Vice President
Secretary
Treasurer/Tax Manager

NaMe
phoNe
eMaIL
I affirm under penalties prescribed by law, this report, including any accompanying schedules and statements, has been examined by me and to the best of my
knowledge and belief is a true, correct and complete report. If this report is an amended report, the taxpayer hereby consents to the extension of the assessment
period for this tax year to one year from the date of filing of this amended report or three years from the filing of the original report, whichever period last expires,
and agrees to retain all required records pertaining to that tax and tax period until the end of the extended assessment period, regardless of any statutory
provision providing for a shorter period of retention. For purposes of this extension, an original report filed before the due date is deemed filed on the due date.
I am authorized to execute this consent to the extension of the assessment period.

Corporate officer Signature

date

PLEASE SIGN AFTER PRINTING.

pRepaReR’S INFoRMaTIoN
Firm Federal EIN
Firm Name
Preparer’s Name
Preparer’s SSN/PTIN
Phone
Email
Address Line 1
Address Line 2
City
State
ZIP
Province
Country Code
Foreign Postal Code

FoRM
BaRCode

I affirm under penalties prescribed by law, this report, including any accompanying schedules and statements, has been prepared by me and to the best
of my knowledge and belief is a true, correct and complete report.

Tax preparer’s Signature

date

PLEASE SIGN AFTER PRINTING.

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