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Pennsylvania PA Nonresident Withholding Tax Worksheet For Partnerships and PA S Corporations
Form REV-414 -P-S is obsolete, and is no longer supported by the Pennsylvania Department of Revenue.
Extracted from PDF file 2020-pennsylvania-form-rev-414-p-s.pdf, last modified April 2020PA Nonresident Withholding Tax Worksheet For Partnerships and PA S Corporations
2020 PA-40ES (F-C) Instructions for Remittance of Nonresident Withholding By Partnerships, PA S Corporations, Estates and Trusts REV-413_414 (P/S) 04-20 WHAT’S NEW For tax years beginning after Jan. 1, 2020, the department will no longer mail preprinted estimated coupon packets to taxpayers. The department notified taxpayers of this change via various methods and media platforms. Taxpayers must prepare and print their own PA-40 ES (F-C), Declaration of Estimated Tax or Estimated Withholding Tax for Fiduciaries, Partnerships & Other Pass Through Entities, complete the fill-in form on the department’s website, or obtain blank copies of the form from the department. The REV-413 (P/S) instructions and REV-414 (P/S) worksheet are being phased out. For 2020, these two forms are combined into one document and provide instructions for the PA-40 ES (F-C). Please use these instructions to calculate your nonresident withholding and to remit payment to the Department. GENERAL INFORMATION PURPOSE The PA-40 ES (F-C) is used by a partnership, PA S corporation, estate or trust to remit its nonresident withholding tax payments. This document provides the instructions for the PA-40 ES (F-C). WHO MUST WITHHOLD AND REMIT Partnerships, PA S corporations, estates and trusts with taxable PA-source income are: • Jointly liable with their nonresident partners, shareholders, members and beneficiaries for payment of tax on such income to the extent allocable to the nonresidents; and • Authorized and required to withhold such tax from the nonresidents and remit the tax to Pennsylvania. The imposition of the tax against the partnership, PA S corporation, estate or trust does not change the filing requirements or the tax liability of its nonresident partners, shareholders, members or beneficiaries. The nonresidents are entitled to claim a credit on their annual returns for the tax withheld and treat the income as income subject to withholding in calculating any other personal estimated taxes. The partnership, PA S corporation, estate or trust may not reduce its withholding requirement by any estimated payments made by the nonresident owner or beneficiary. www.revenue.pa.gov PENALTY FOR FAILURE TO WITHHOLD Pennsylvania law imposes a penalty for failure to remit nonresident withholding on or before the 15th day of the fourth month following the end of the taxable year. The penalty is 5 percent per month or fraction thereof, to a maximum of 50 percent, of the nonresident withholding due. FORMS AND TIMEFRAME TO MAKE NONRESIDENT WITHHOLDING TAX PAYMENTS Partnerships, PA S corporations, estates and trusts with taxable PA-source income are required to withhold and remit PA personal income tax from the income of the nonresident owners or beneficiaries. The withholding must be remitted to the department by April 15th for calendar year filers (or the 15th day of the fourth month after the close of the taxable year for fiscal year filers). The department encourages withholding to be remitted quarterly throughout the tax year using the PA-40 ES (F-C) coupon. Final withholding payments should be remitted with the PA- 20S/PA-65, PA-41 or REV-276 (in the case of an extension). The forms may be obtained on the department’s website or by contacting the department’s Forms Ordering Service at 1-800-362-2050. The forms may also be obtained by sending written requests to: PA DEPARTMENT OF REVENUE TAX FORMS SERVICE UNIT 1854 BROOKWOOD ST HARRISBURG PA 17104-2244 CAUTION: Do not mail estimated payments to this address. HOW TO COMPLETE THE PA-40 ES (F-C) Use a separate PA-40 ES (F-C) for each payment. • For fiscal filers only, enter the Beginning and Ending tax period dates; • Enter the payment in the Amount of Payment block; • Make the check or money order payable to PA Department of Revenue, printing the entity’s FEIN and “2020 Nonresident Tax Payment” on the check or money order; • Do not staple or attach the payment the PA-40 ES (F-C); Mail the payment and the PA-40 ES (F-C) to the following address: PA DEPARTMENT OF REVENUE PO BOX 280403 HARRISBURG PA 17128-0403 REV-413_414 (P/S) 1 IMPORTANT: When filing the PA-40 ES (F-C), enter the FEIN of the partnership, PA S corporation, estate or trust; never use the Social Security number of an owner or beneficiary. indicate the account is for a partnership, PA S corporation, estate or trust. In the right-hand column, enter the fiscal year information if applicable, as well as the amount of payment or declaration of tax. Complete the other identification information on the left-hand side of the coupon. In the middle column, fill in the oval to Use the worksheet below to help calculate and track your nonresident withholding for the year. 2020 PA NONRESIDENT WITHHOLDING TAX WORKSHEET FOR PARTNERSHIPS, PA S CORPORATIONS, ESTATES AND TRUSTS Keep for Your Records SECTION I 2020 PA NONRESIDENT WITHHOLDING 1. Enter the 2020 PA-taxable income the partnership, PA S corporation, estate or trust expects to realize from PA sources. 1. 2. Multiply Line 1 by 3.07% (0.0307). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2. SECTION III Payment 2020 RECORD OF NONRESIDENT WITHHOLDING TAX PAYMENTS (if more than six, make a copy of this worksheet) (A) Date (B) Amount Payment 1 4 2 5 3 6 (A) Date (B) Amount Total SECTION IV 2020 FINAL NONRESIDENT WITHHOLDING TAX WORKSHEET 1. Enter the total PA-taxable income from PA sources from the 2020 PA-20S/PA-65 or PA-41. . . . . . . . . . . . . . . . . . . . . . . .1. 2. Enter the total nonresidents’ distributive shares of Line 1 above, totaled from PA Schedules NRK-1. . . . . . . . . . . . . . . . .2. 3. Total 2020 PA Nonresident Withholding. Multiply Line 2 by 3.07% (0.0307). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3. 4. Allowable PA Credits from Schedule OC. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4. 5. The nonresidents’ distributive share of Line 4 above from PA Schedules NRK-1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5. 6. Total nonresident withholding paid for the taxable year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6. 7. Total credits and withholding payments. Add Lines 5 and 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7. 8. Nonresident withholding due with final return. Subtract Line 7 from Line 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8. LINE 8 IS THE PAYMENT THAT MUST BE REMITTED WITH THE ANNUAL RETURN (PA-20S/PA-65 OR PA-41). IN ADDITION, FOR PARTNERSHIPS OR S CORPORATIONS, YOU MUST ALSO COMPLETE PA-20S/PA-65 SCHEDULE NW AND INCLUDE IT WITH FORM PA-20S/PA-65. 2 REV-413_414 (P/S) www.revenue.pa.gov
2020 PA Nonresident Withholding Tax Worksheet for Partnerships, PA S Corporations, Estates and Trusts (REV-413_REV-414 (P/S))
More about the Pennsylvania Form REV-414 -P-S Corporate Income Tax Estimated
We last updated the PA Nonresident Withholding Tax Worksheet For Partnerships and PA S Corporations in March 2022, and the latest form we have available is for tax year 2020. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the Pennsylvania Department of Revenue. You can print other Pennsylvania tax forms here.
Related Pennsylvania Corporate Income Tax Forms:
TaxFormFinder has an additional 174 Pennsylvania income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the Pennsylvania Form REV-414 -P-S.
| Form Code | Form Name |
|---|---|
| Form REV-414 -I (Instructions) | Individuals Worksheet for PA Estimated Tax (Instructions) |
| REV-414-I | Individuals Estimated Income Tax Worksheet |
| Form REV-414 -F | Estates and Trusts Worksheet for PA Estimated Tax |
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-414 -P-S from the Department of Revenue in March 2022.
Form REV-414 -P-S is a Pennsylvania Corporate Income Tax form. While most taxpayers have income taxes automatically withheld every pay period by their employer, taxpayers who earn money that is not subject to withholding (such as self employed income, investment returns, etc) are often required to make estimated tax payments on a quarterly basis. Failure to make correct estimated payments can result in interest or penalties.
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-414 -P-S
We have a total of nine past-year versions of Form REV-414 -P-S in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2020 Form REV-414 -P-S
2020 PA Nonresident Withholding Tax Worksheet for Partnerships, PA S Corporations, Estates and Trusts (REV-413_REV-414 (P/S))
2019 Form REV-414 -P-S
2019 PA Nonresident Withholding Tax Worksheet For Partnerships and PA S Corporations (REV-414 P/S)
2017 Form REV-414 -P-S
2017 PA Nonresident Withholding Tax Worsheet for Partnerships and PA S Corporations (REV-414 P/S)
2016 Form REV-414 -P-S
2016 PA Nonresident Withholding Tax Worsheet for Partnerships and PA S Corporations (REV-414 P/S)
2015 Form REV-414 -P-S
2015 PA Nonresident Withholding Tax Worsheet for Partnerships and PA S Corporations (REV-414 P/S)
2014 Form REV-414 -P-S
2014 PA Nonresident Withholding Tax Worsheet for Partnerships and PA S Corporations (REV-414 P/S)
2013 Form REV-414 -P-S
2013 Partnerships and PA S Corporations Nonresident Withholding Tax Worksheet (REV-414 P/S)
2012 Form REV-414 -P-S
2012 Partnerships and PA S Corporations Nonresident Withholding Tax Worksheet (REV-414 P/S)
2011 Form REV-414 -P-S
2011 Partnerships and PA S Corporations Nonresident Withholding Tax Worksheet (REV-414 P/S)
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