Kentucky Pass-Through Entity Nonresident Distributive Share Withholding Report and Composite Income Tax Return Voucher
Extracted from PDF file 2020-kentucky-form-740np-wh-es.pdf, last modified October 2019
Pass-Through Entity Nonresident Distributive Share Withholding Report and Composite Income Tax Return VoucherFORM 740NP-WH-ES 2020 740NP-WH Estimated Payment Voucher Commonwealth of Kentucky Department of Revenue Every pass-through entity required to withhold Kentucky income tax per KRS 141.206(5) or that files a composite income tax return per KRS 141.206(15)(a) should make a declaration and payments of estimated tax per KRS 141.206(5) if: (i) a nonresident individual partner's, member's, or shareholder's estimated tax liability can reasonably be expected to exceed $500; or (ii) a corporate partner's or member's estimated tax liability can reasonably be expected to exceed $5,000. Per KRS 141.206(4), every pass-through entity required to file a return per KRS 141.206(1), except publicly traded partnerships per KRS 141.0401(6)(a)18. and (b)14., should withhold Kentucky income tax on the distributive share, whether distributed or undistributed, of each: (i) nonresident individual partner, member, or shareholder; and (ii) corporate partner or member that is doing business in Kentucky only through its ownership interest in a pass-through entity. Estimated payments should be made at the tax rate of five percent (5%) per KRS 141.020 and 141.040. Payment Dates—Per KRS 141.207(2), the payment of estimated tax required per KRS 141.206 shall be filed with the department by the pass-through entity in the same manner and at the same times as per: (i) KRS 141.305, for a nonresident individual partner, member, or shareholder; and (ii) KRS 141.044, for a corporate partner or member. Filling Out the Voucher: Enter the Kentucky Nonresident Income Tax Withholding (NRWH) Account Number issued by the Department of Revenue. If the account number is not known, contact Registration at 502–564–3306. # Enter the month and year of the entity's taxable year ending date as four-digits. Example: (MMYY) 1219 Enter the Federal Employer Identification Number (FEIN). Enter the entity's name, address, contact name, and telephone number. Do not use punctuation marks (quotation marks, periods, parenthesis, etc.) in entity's name. Preparing Your Payment: • Make the check or money order payable to the Kentucky State Treasurer. Do not send cash. • If the name and address of the entity are not printed on the check or money order, write them on the check or money order. • Write the FEIN and the Kentucky NRWH account number on the check or money order. • Cut the payment voucher at the dotted line below. • Please place both the check or money order and the payment voucher in the envelope together without staples or clips. • DO NOT leave check stubs attached to checks. • Mail with payment to Kentucky Department of Revenue, Frankfort, Kentucky 40619-0006. Please cut on the dotted line. 2020 PASS-THROUGH ENTITY NONRESIDENT DISTRIBUTIVE SHARE WITHHOLDING REPORT AND Taxable Year Ending (MMYY) COMPOSITE INCOME TAX ESTIMATED VOUCHER KENTUCKY ESTIMATED TAX VOUCHER Form 740NP-WH-ES Kentucky NRWH Account No Federal Identification Number (FEIN) Individual Tax Type Return 08 Entity Name Corporate Tax Type Return 07 Total Tax Paid Number and Street (Round to the nearest dollar) City State ZIP Code OFFICIAL USE ONLY V A L # Contact Name and Telephone Number Kentucky Department of Revenue, Frankfort, Kentucky 40619-0006 40A201ES0003
More about the Kentucky Form 740NP-WH-ES Corporate Income Tax Estimated
We last updated the Pass-Through Entity Nonresident Distributive Share Withholding Report and Composite Income Tax Return Voucher in March 2020, 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 Kentucky Department of Revenue. You can print other Kentucky tax forms here.
Related Kentucky Corporate Income Tax Forms:
|Form Code||Form Name|
|Form 740NP-WH-EXT||Application for Six-Month Extension of Time to File (Nonresident)|
|Form 740NP-WH||Kentucky Nonresident Income Tax Withholding on Net Distributive Share Income Transmittal Report|
|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-ES from the Department of Revenue in March 2020.
Form 740NP-WH-ES is a Kentucky 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 Kentucky Form 740NP-WH-ES
We have a total of six past-year versions of Form 740NP-WH-ES 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.