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Pennsylvania Schedule L/M-1/M-2/C-5/OA/OD
Extracted from PDF file 2023-pennsylvania-form-rev-860.pdf, last modified October 2011Schedule L/M-1/M-2/C-5/OA/OD
IMPORTANT: FILL IN FORM MUST BE DOWNLOADED ONTO YOUR COMPUTER PRIOR TO COMPLETING FILL IN FORM USING ALL CAPS. DO NOT USE DASHES (-) OR SLASHES (/) IN ANY FIELD. ENTER DATES AS MMDDYYYY. USE WHOLE DOLLARS ONLY. (SU) 09-22 REV-860 START ➜ SCHEDULE C-5 – SCHEDULE OF TAXES Corporation Name FEIN Revenue ID Tax Year Ending Tax Year Beginning 1. 2. PA Corporate Net Income Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Philadelphia Business Income and Receipts Tax (BIRT) - Net Income Portion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. Income Taxes - Other States . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4. Local Income Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5. 6. Other Income Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total Income Taxes (Add Lines 1 through 5) Carry to RCT-101, Page 2, Line 3A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PA Capital Stock/Foreign Franchise Tax (Not applicable for tax years beginning on or after Jan. 1, 2016) . . . . . . . . . . . . . Philadelphia Business Income and Receipts Tax (BIRT) - Gross Receipts Portion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7. 8. 9. Payroll Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10. Real Estate Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11. Sales and Use Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12. Business Privilege Tax - Other than Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13. Occupancy Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14. Local Taxes - Not Based on Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15. Other Taxes - Not Based on Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16. Total Taxes Not Imposed on or Measured by Income (Add Lines 7 through 15) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17. Total Tax Expense Reported on Federal Income Tax Return (Add Lines 6 and 16) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . SCHEDULE OA – OTHER ADDITIONS DESCRIPTION AMOUNT Tax Preference Items Total Carry to RCT-101, Section C, Line 3D SCHEDULE OD – OTHER DEDUCTIONS DESCRIPTION AMOUNT Federal Wages Disallowed as a Result of Tax Credits Under IRC Sec 45B or IRC Sec 51 Total Carry to RCT-101, Section C, Line 2D Reset Entire Form TOP OF PAGE NEXT PAGE PRINT FORM Instructions for REV-860 Schedule C5 – Schedule of Taxes, Schedule OA – Other Additions and Schedule OD – Other Deductions REV-860 IN (SU) 09-22 SCHEDULE C5 SCHEDULE OF TAXES Section 401(3)1.(o) of the Tax Reform Code of 1971 requires taxpayers to add-back taxes imposed on or measured by net income, expensed on the federal income tax return, in calculating PA corporate taxable income. Schedule of Taxes includes the most common taxes expensed by corporate taxpayers on the federal income tax return. This schedule must be completed and submitted by all corporate taxpayers who are subject to PA corporate net income tax, and the total must equal the total tax expense reported on the federal income tax return. If a state’s tax is based on the higher of a tax on net income or a tax on another item, such as gross receipts or net worth value, the entire amount of the tax is entered on the line labeled “Income Taxes – Other States” in years where the liability is based on net income. Otherwise, the entire amount of the tax is included on the line labeled “Other Taxes–Not Based on Income”. www.revenue.pa.gov PREVIOUS PAGE If a state’s tax is a combination of a tax on net income and a tax on another item, such as gross receipts or net worth, the income portion of the tax is entered online labeled “Income Taxes–Other States”. The remainder of tax is included on the line labeled “Other Taxes–Not Based on Income”. Please refer to Corporation Tax Bulletin 2008-05 for a list of taxes imposed on or measured by net income. Tax bulletins are available at www.revenue.pa.gov. IMPORTANT: Not all corporations will have expensed every tax listed on this schedule. SCHEDULE OA AND SCHEDULE OD OTHER ADDITIONS AND OTHER DEDUCTIONS All taxpayers reporting other additions on RCT-101, Section B, Line 3D, and other deductions on RCT-101, Section C, Line 2D, are required to complete Schedule OA and/or Schedule OD on REV-860, and include it with the RCT-101. REV-860 1
Schedule C-5 - Schedule of Taxes/Schedule OA - Other Additions/Schedule OD - Other Deductions
More about the Pennsylvania Form REV-860 Corporate Income Tax TY 2023
We last updated the Schedule L/M-1/M-2/C-5/OA/OD in February 2024, so this is the latest version of Form REV-860, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form REV-860 directly from TaxFormFinder. You can print other Pennsylvania tax forms here.
Other Pennsylvania Corporate Income Tax Forms:
TaxFormFinder has an additional 174 Pennsylvania income tax forms that you may need, plus all federal income tax forms.
| Form Code | Form Name |
|---|---|
| Form PA-41 | PA Fiduciary Income Tax Return |
| Form PA-40 ES (P/S/F) | PA-40 ES Partnership, PA S Corporation and Fiduciary - Declaration of Estimated Withholding Tax |
| Form RCT-127A | Public Utility Realty Tax Report |
| Form PA-20S-PA-65 | S Corporation/Partnership Information Return (PA-20S/PA-65) |
| Form RCT-900 | Public Utility Realty Report By Local Taxing Authorities |
View all 175 Pennsylvania Income Tax Forms
Form Sources:
Pennsylvania usually releases forms for the current tax year between January and April. We last updated Pennsylvania Form REV-860 from the Department of Revenue in February 2024.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Pennsylvania Form REV-860
We have a total of thirteen past-year versions of Form REV-860 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2023 Form REV-860
Schedule C-5 - Schedule of Taxes/Schedule OA - Other Additions/Schedule OD - Other Deductions
2022 Form REV-860
Schedule C-5 - Schedule of Taxes/Schedule OA - Other Additions/Schedule OD - Other Deductions
2021 Form REV-860
Schedule C-5 Schedule of Taxes/Schedule OA - Other Additions/Schedule OD - Other Deductions (REV-860)
2020 Form REV-860
Schedule C-5 Schedule of Taxes/Schedule OA - Other Additions/Schedule OD - Other Deductions (REV-860)
2019 Form REV-860
Schedule C-5 Schedule of Taxes/Schedule OA - Other Additions/Schedule OD - Other Deductions (REV-860)
2017 Form REV-860
Schedule C-5 Schedule of Taxes/Schedule OA - Other Additions/Schedule OD - Other Deductions (REV-860)
2016 Form REV-860
Schedule C-5 Schedule of Taxes/Schedule OA - Other Additions/Schedule OD - Other Deductions (REV-860)
2015 Form REV-860
Schedule L/M-1/M-2/C-5/OA/OD (REV-860)
2014 Form REV-860
Schedule L/M-1/M-2/C-5/OA/OD (REV-860)
2013 Form REV-860
Schedule L/M-1/M-2/C-5/OA/OD (REV-860)
2012 Form REV-860
Schedule L/M-1/M-2/C-5/OA/OD (REV-860)
2011 Form REV-860
2011 Schedule L/M-1/M-2/C-5/OA/OD (REV-860)
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