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Pennsylvania Schedule DA - Disposition of Assets
Extracted from PDF file 2023-pennsylvania-form-rev-861.pdf, last modified May 2012Schedule DA - Disposition of Assets
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) 11-22 REV-861 START ➜ SCHEDULE DA DISPOSITION OF ASSETS Corporation Name Revenue ID DESCRIPTION OF ASSET FEIN Tax Year Ending Tax Year Beginning COST OF ASSET AS REPORTED ON BALANCE SHEETS SALE PRICE OR FAIR MARKET VALUE ON DATE OF DISTRIBUTION GAIN ON DISPOSITION OF ASSETS (SALE PRICE OR FAIR MARKET VALUE MINUS BOOK VALUE AND COST OF SALE) REPORTED ON FEDERAL SCHEDULE D OR FORM 4797 (Y OR N) Did the taxpayer distribute any receivables from installment sales? MMDDYYYY If yes, what was/were the date(s) of sale(s)? Total gain on installment sale(s) distributed. Tax year(s) when the gain(s) on the sale(s) was/were included in net income per books (Include a schedule reflecting the amount of gain reported in each year.) YYYY Was this transaction a liquidation under IRC Section 332? If yes, a copy of federal Form 966 must be included with RCT-101, PA Corporate Net Income Tax Report. CORPORATIONS WITHDRAWING FROM PENNSYLVANIA BUT CONTINUING OPERATIONS OUTSIDE PA MUST INCLUDE THE FOLLOWING INFORMATION AND/OR DOCUMENT(S). 1. Full details of disposition of Pennsylvania property; include a copy of federal Schedule D and/or federal Form 4797 if applicable. 2. Indicate if sales in Pennsylvania will continue after date of cessation. If so, how will they be negotiated and by whom? INCLUDE A SCHEDULE CONTAINING THE REQUIRED INFORMATION IF ADDITIONAL SPACE IS NEEDED. IF ANY INDIVIDUAL OR CORPORATION OTHER THAN STOCKHOLDERS AND CREDITORS RECEIVED ASSETS, LIST NAMES AND ADDRESSES OF EACH, AND AMOUNT OR VALUE RECEIVED BY EACH. If any money or property remains undistributed, state amount, nature and value of same and state why it has not been distributed. Include additional schedule(s) if necessary. If any real estate was distributed or sold within the final tax year, include documentation showing the recording of the title transfer with the local recorder of deeds. Reset Entire Form PRINT FORM
Schedule DA - Disposition of Assets (REV-861)
More about the Pennsylvania Form REV-861 Corporate Income Tax TY 2023
We last updated the Schedule DA - Disposition of Assets in February 2024, so this is the latest version of Form REV-861, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form REV-861 directly from TaxFormFinder. You can print other Pennsylvania tax forms here.
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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-861 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-861
We have a total of thirteen past-year versions of Form REV-861 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2023 Form REV-861
Schedule DA - Disposition of Assets (REV-861)
2022 Form REV-861
Schedule DA - Disposition of Assets (REV-861)
2021 Form REV-861
Schedule DA - Diposition of Assets (REV-861)
2020 Form REV-861
Schedule DA - Diposition of Assets (REV-861)
2019 Form REV-861
Schedule DA - Diposition of Assets (REV-861)
2018 Form REV-861
Schedule DA - Diposition of Assets (REV-861)
2017 Form REV-861
Schedule DA - Diposition of Assets (REV-861)
2016 Form REV-861
Schedule DA - Disposition of Assets (REV-861)
2015 Form REV-861
Schedule DA - Disposition of Assets (REV-861)
2014 Form REV-861
Schedule DA - Disposition of Assets (REV-861)
2013 Form REV-861
Schedule DA - Disposition of Assets (REV-861)
2012 Form REV-861
Schedule DA - Disposition of Assets (REV-861)
2011 Form REV-861
2011 Schedule DA - Disposition of Assets (REV-861)
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