Kentucky Kentucky Nonresident Income Tax Withholding on Net Distributive Share Income Transmittal Report
Extracted from PDF file 2021-kentucky-form-740np-wh.pdf, last modified September 2021
Kentucky Nonresident Income Tax Withholding on Net Distributive Share Income Transmittal ReportFORM KENTUCKY NONRESIDENT INCOME TAX WITHHOLDING ON DISTRIBUTIVE SHARE INCOME REPORT AND COMPOSITE INCOME TAX RETURN (To be completed by a Pass-through Entity Only) 740NP-WH Commonwealth of Kentucky Department of Revenue 2021 For calendar year 2021 or tax years beginning (MM-DD-YY) __ __ – __ __ – 20__ __ , and ending (MM-DD-YY) __ __ – __ __ – 20__ __ B A Federal Identification Number __ __ – __ __ __ __ __ __ __ C Name of Pass-Through Entity Number and Street Kentucky NRWH Account Number D __ __ __ __ __ __ __ __ __ Check the applicable boxes Change of accounting Change of Name period Final return Amended City State ZIP Code Telephone Number 1 Number of nonresident individuals, estates, trusts, and corporations included in this return 1 2 Number of nonresident individuals, estates, trusts, and corporations exempt from this withholding 2 3 Net distributive share income subject to withholding / composite return before apportionment 3 4 100% or the apportionment fraction from the pass-through entity’s Schedule A (see instructions) 4 5 Kentucky distributive share income subject to withholding/composite return (Line 3 multiplied by Line 4) 5 0 0 6 Tax before tax credits (Line 5 multiplied by .05 (5%)) 6 0 0 7 Enter the partners’, members’, or shareholders’ nonrefundable tax credits 7 0 0 8 Kentucky income tax liability (Line 6 less Line 7) 8 0 0 0 0 __ __ __ . __ __ __ __ % Continue to next page to calculate tax due or overpayment TAX PAYMENT SUMMARY (FOR ADDITIONAL TAX DUE) . 1 Tax, line 16................ $_____________________________ . 2 Interest...................... $_____________________________ . 3 Penalty...................... $_____________________________ . 4 Total Payment......... $_____________________________ OFFICIAL USE ONLY P W 2 0 4 V A L # 210291 40A201 (10-21) Page 1 of 2 Page 2 of 2 FORM 740NP-WH (2021) 9 0 0 10 Extension payment 10 0 0 11 Prior year’s tax credit 11 0 0 12 Total tax paid on original return 12 0 0 13 Total payments (Lines 9 through 12) 13 0 0 14 Tax overpayment on original return 14 0 0 15 Estimated Tax Penalty (attach Form NRWH-P) 15 0 0 16 0 0 7 Income tax overpayment (Line 13 less Line 8, 14, 1 and 15) 17 0 0 18 Credited to 2021 interest 18 19 Credited to 2021 penalty 19 20 Credited to 2022 NRWH 20 9 Estimated tax payments 6 Income tax and Estimated Tax Penalty due 1 (Line 8, 14, and 15 less Line 13) 21 Amount to be refunded (Line 17 less Lines 18 through 20) TAX DUE REFUND 0 0 21 Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Signature of Owner Sign Here Paid Preparer Use Date __ __ / __ __ __ __ Name of Owner (Please print) Title Signature of Preparer Date Name of Preparer or Firm (Please print) ID Number Email and/or Telephone No. May the DOR discuss this return with this preparer? YES NO Enclose Include PTE-WH for each owner. Refund or No Payment Kentucky Department of Revenue Frankfort, KY 40619-0006 Payment Check Payable: Kentucky State Treasurer E-Pay Options: www.revenue.ky.gov With Payment Kentucky Department of Revenue Frankfort, Kentucky 40619-0006 210292 40A201 (10-21)
More about the Kentucky Form 740NP-WH Individual Income Tax Nonresident TY 2021
We last updated the Kentucky Nonresident Income Tax Withholding on Net Distributive Share Income Transmittal Report in February 2022, so this is the latest version of Form 740NP-WH, fully updated for tax year 2021. You can download or print current or past-year PDFs of Form 740NP-WH directly from TaxFormFinder. You can print other Kentucky tax forms here.
Related Kentucky Individual Income Tax Forms:
|Form Code||Form Name|
|Form 740NP-WH-EXT||Application for Six-Month Extension of Time to File (Nonresident)|
|Form 740NP-WH-ES||Pass-Through Entity Nonresident Distributive Share Withholding Report and Composite Income Tax Return Voucher|
|Form 740NP-WH-P||Underpayment and Late Payment of Estimated Tax|
Kentucky usually releases forms for the current tax year between January and April. We last updated Kentucky Form 740NP-WH from the Department of Revenue in February 2022.
Form 740NP-WH is a Kentucky Individual Income Tax form. Many states have separate versions of their tax returns for nonresidents or part-year residents - that is, people who earn taxable income in that state live in a different state, or who live in the state for only a portion of the year. These nonresident returns allow taxpayers to specify which which income is subject to the state's taxes, and which is not.
About the Individual Income Tax
The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.
Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!
Historical Past-Year Versions of Kentucky Form 740NP-WH
We have a total of nine past-year versions of Form 740NP-WH in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
While we do our best to keep our list of Kentucky Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.