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Pennsylvania Schedule of Nonbusiness Income
Extracted from PDF file 2023-pennsylvania-form-rev-934.pdf, last modified May 2012Schedule of Nonbusiness Income
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 (FI) REV-934 START ➜ SCHEDULE OF NONBUSINESS INCOME PART A Corporation Name Revenue ID FEIN Tax Year Ending Tax Year Beginning NONBUSINESS INCOME ALLOCATED INSIDE AND OUTSIDE PENNSYLVANIA All amounts must be shown net of related expenses. A separate Part B is required for each line item below. Description A. Inside PA B. Outside PA C. Total 1. Net Rents and Royalties from Real Property . . . . . . . . . . . . 2. Net Rents and Royalties from Tangible Personal Property . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. Gains or Losses from Sale of Real Property . . . . . . . . . . . . 4. Gains or Losses from Sale of Tangible Personal Property . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5. Gains or Losses from Sale of Intangible Personal Property . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6. Interest Income (Other than U.S. Securities) . . . . . . . . . . . . 7. Royalties from Patents and Copyrights . . . . . . . . . . . . . . . . 8. Other (Attach explanation) . . . . . . . . . . . . . . . . . . . . . . . . . . Total (Transfer Column A to RCT-101, Section C, Line 9 and Column C to RCT-101, Section C, Line 5) . . . . . TAXPAYERS COMPLETING THIS SCHEDULE ARE REQUIRED TO PROVIDE THE FOLLOWING: 1. A statement providing background information concerning the source of the nonbusiness income and the circumstances surrounding its generation. Include as part of this statement the specific involvement of the taxpayer in the generation of the income. 2. A statement explaining why the income is not subject to apportionment under the U.S. Constitution. 3. Were any expenses, liabilities, deductions or credits claimed related to any items of nonbusiness income in the current or prior tax years? If yes, please attach a statement that specifies by item of nonbusiness income, the amount of expenses, liabilities, deductions or credit claimed for each year. 4. Was income from the same source as any item(s) of nonbusiness income reported above reported by the taxpayer (or a predecessor entity) as apportionable business income on a Pennsylvania Corporate Tax Report, or similar corporate income tax return in another jurisdiction, for this or a prior tax year? If yes, please attach a statement that identifies the year(s) for which it was so reported, the jurisdiction(s) in which it was so reported and provide a written explanation for the change in the treatment of the income from business to nonbusiness. 5. Was 100% of the income reported to Pennsylvania as total nonbusiness income allocated to only one other state? If yes, please identify the state and provide a copy of that corporate tax return. If no, please complete Part B in regard to the taxpayer’s current tax year. While completing Part B note that all amounts included must be reported net of related expenses. 6. Was any of the nonbusiness income reported as unitary income in any other jurisdiction (besides PA)? If so, please provide an explanation and a list of those states where the nonbusiness income was included in unitary income. Reset Entire Form TOP OF PAGE PAGE 1 NEXT PAGE PRINT 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. REV-934 (SU) 11-22 (FI) Subject to Tax (Y/N) JURISDICTION SCHEDULE OF NONBUSINESS INCOME PART B File a Unitary Return (Y/N) Income Allocated (Y/N) Income Amount of Apportioned Income Allocated to State as Nonbusiness (Y/N) PART A, Line Receipts Apportionment Percentage Amount of PA Nonbusiness Income Included in Apportioned Tax Base Amount of PA Nonbusiness Income Allocated to Jurisdiction Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada No Income Tax New Hampshire New Jersey New Mexico New York** North Carolina North Dakota Ohio (local income tax only)*** Oklahoma Oregon Pennsylvania City of Philadelphia Rhode Island South Carolina South Dakota No Income Tax Tennessee Texas Utah Vermont Virginia Washington No Income Tax West Virginia Wisconsin Wyoming * ** *** No Income Tax If less than 100% of the income reported as nonbusiness income to Pennsylvania is allocated to other jurisdiction(s) please attach an explanation To the extent the taxpayer reports investment capital attach additional detail describing the income in question and the amounts reported as taxable to New York State Attach additional detail for each local Ohio jurisdiction(s) in which the taxpayer filed Reset Entire Form PAGE 2 RETURN TO PAGE 1 PRINT
Schedule of Nonbusiness Income (REV-934)
More about the Pennsylvania Form REV-934 Corporate Income Tax TY 2023
We last updated the Schedule of Nonbusiness Income in February 2024, so this is the latest version of Form REV-934, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form REV-934 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-934 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-934
We have a total of thirteen past-year versions of Form REV-934 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2023 Form REV-934
Schedule of Nonbusiness Income (REV-934)
2022 Form REV-934
Schedule of Nonbusiness Income (REV-934)
2021 Form REV-934
Schedule of Nonbusiness Income (REV-934)
2020 Form REV-934
Schedule of Nonbusiness Income (REV-934)
2019 Form REV-934
Schedule of Nonbusiness Income (REV-934)
2017 Form REV-934
Schedule of Nonbusiness Income (REV-934)
2016 Form REV-934
Schedule of Nonbusiness Income (REV-934)
2015 Form REV-934
Schedule of Nonbusiness Income (REV-934)
2014 Form REV-934
Schedule of Nonbusiness Income (REV-934)
2013 Form REV-934
Schedule of Nonbusiness Income (REV-934)
2012 Form REV-934
Schedule of Nonbusiness Income (REV-934)
2011 Form REV-934
2011 Schedule of Nonbusiness Income (REV-934)
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