Pennsylvania PA-40 NRC - Nonresident Consolidated Income Tax Return
Extracted from PDF file 2019-pennsylvania-form-pa-40-nrc.pdf, last modified June 2012
PA-40 NRC - Nonresident Consolidated Income Tax Return1907510059 PA-40 NRC Nonresident Consolidated Income Tax Return PA-40 NRC (EX) 12-19 (FI) PA Department of Revenue START 2019 OFFICIAL USE ONLY THIS FORM MAY BE USED FOR NONRESIDENT INDIVIDUAL PARTNERS/MEMBERS/SHAREHOLDERS. ENTER THE PARTNERSHIP, LLC OR PA S CORPORATION NAME AND FEIN. FEIN 9 DIGIT - NO DASH ➜ Use ALL CAPITAL LETTERS for address information. G TYPE OF BUSINESS ENTITY (FILL IN ONE OVAL) P S L Partnership PA S Corp LLC NAICS Code PA S Corporation Name or Partnership Name LIMITED TO 20 SPACES Amended Return Final Return First Line of Address Street Address - If Address has Apartment Number, Suite, RR No. - Place on this Line. Second Line of Address LIMITED TO 22 SPACES MM/DD/YY Date Out-of-Existence Extension Requested PO Box Total Number of Nonresident Individuals City or Post Office LIMITED TO 14 SPACES State Submit PA-40 Schedule NRC-I ZIP Code Number of Nonresident Individuals electing to file on this return ENTER AMOUNTS FROM AND SUBMIT THE PA SCHEDULES NRK-1 OF THE ELECTING ELIGIBLE INDIVIDUALS 1 Apportioned Net Income (Loss) from the Operation of a Business, Profession, or Farm, plus electing partners guaranteed payments for services . . . . . . . . . . . . . . . LOSS 1 LOSS 2 Net Gain (Loss) from the Sale, Exchange, or Disposition of Property . . . . . . . . . . . . . . 3 Net Income (Loss) from Rents, Royalties, Patents, and Copyrights, plus electing partners guaranteed payments for services . . . . . . . . . . . . . . . . . . . . . . . 2 LOSS 3 If a loss, enter "0" 4 Estate or Trust Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 LOSS 5 Gambling and Lottery Winnings (Loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 6 Total PA Taxable Income. Add the income on Lines 1 through 5. Do Not Add Losses . . . . . . 6 7 PA Tax Due Before Allowable Credits. Multiply Line 6 by the tax rate 3.07 percent . . . . . . . . . 7 8 Total PA Tax Withheld and Submitted for Qualifying Electing Nonresident Individual Owners. See the Instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 9 Total Other Credits. Submit a PA-40 Schedule OC with supporting statement. See PA-40 Schedule OC instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 10 Total PA Credits. Add Lines 8 and 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 11 TAX DUE. If Line 7 is more than Line 10, enter the difference here. Make check payable to PA Dept. of Revenue. See final payment in the PA-20S/PA-65 instructions . . . . . . . . . . . . 11 12 OVERPAYMENT. If Line 10 is more than Line 7, enter the difference here. Complete Line 13a and/or Line 13b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 13a Amount of Line 12 to be refunded to the Partnership, LLC or PA S Corporation. . . . . . . . . . . 13a 13b Amount of Line 12 to be credited to the 2020 Nonresident Withholding Account . . . . . . . . . . 13b The TOTAL of Lines 13a and 13b MUST equal Line 12. Under penalties of perjury, I declare 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 paid preparer is based on all information of which preparer has any knowledge. Print/Type Name of General Partner, Principal Officer or Authorized Individual Signature of General Partner, Principal Officer or Authorized Individual Date MM/DD/YY Daytime Phone Number Please Sign Your Return after printing. Paid Preparer’s Use Only Print/Type Preparer’s Name Preparer’s Signature Date Daytime Phone Number Please Sign Your Return after printing. Mark if Self-Employed EC OFFICIAL USE ONLY FC 1907510059 Reset Entire Form TOP OF PAGE NEXT PAGE PRINT Pennsylvania Department of Revenue 2019 Instructions for PA-40 NRC PA-40 NRC IN (EX) 12-19 GENERAL INFORMATION PURPOSE OF FORM The PA-40 NRC, Nonresident Consolidated Return, is a tax return used to combine and report the income (losses), PA tax withheld, credits, etc. of two or more qualifying electing nonresident individual owners of a domestic or foreign passthrough entity. IMPORTANT: A pass-through entity with only one qualified nonresident individual owner may not file the PA-40 NRC on behalf of that owner. A PA-40, Personal Income Tax Return, must be filed by the individual to report the income or loss from the pass-through entity. NOTE: If an entity files a PA-40 NRC on behalf of its qualifying electing nonresident individual owners, those owners do not file the PA-40, Individual Income Tax Return. EFFECT OF FILING A CONSOLIDATED RETURN Unless rejected, the department considers the PA-40 NRC, Nonresident Consolidated Income Tax Return, a return filed on behalf of a group of qualifying electing nonresident individual owners that meet the individual filing requirements of Pennsylvania personal income tax law. The department’s acceptance of a PA-40 NRC is conditional upon review to determine that it is a complete return and that all documentation was submitted. This return is subject to revocation upon audit or review. The department retains the right at any time to require the filing of a PA-40, Personal Income Tax Return, from any of the individual partners or shareholders. The department also retains the right to withdraw and modify the authority to file a PA-40 NRC. IMPORTANT: A qualifying electing nonresident individual owner may not change the election to file from a PA-40 NRC to a PA-40 or vice versa after filing either Pennsylvania tax return. Nonresident Consolidated Income Tax Return ● Any entity with only non-qualifying owners (see the definition of a non-qualifying owner for additional information); ● Any entity with only one qualifying electing nonresident individual owner; and/or ● A fiscal-year entity that has a short-year period return and a fiscal-year period return that end in the same calendar year cannot file a PA-40 NRC for either period. NOTE: Non-qualifying pass-through entity owners must file a PA-40, Personal Income Tax Return, or PA41 Fiduciary Income Tax Return, if they cannot participate in the PA-40 NRC. DEFINITIONS ELECTION TO FILE A document maintained by the pass-through entity that provides an assertion the individual nonresident owner is qualified to participate in the filing of the PA-40 NRC. A review of the election should be conducted annually to assure that qualifying electing nonresident individual owners continue to be eligible to participate. See Maintaining Records – Signed Statements for additional information. INDIVIDUAL A natural person that includes the members of a partnership or association and the shareholders of a Pennsylvania S corporation. PASS-THROUGH ENTITY A pass-through entity is a PA S corporation, partnership or limited liability company classified as a partnership or PA S corporation for federal income tax purposes. QUALIFYING ELECTING NONRESIDENT INDIVIDUAL OWNER Any nonresident individual who owns an interest in a passthrough entity who meets the following additional requirements: RECORDING DOLLAR AMOUNTS Show money amounts in whole-dollars only. Eliminate any amount less than $0.50 and increase any amount that is $0.50 or more to the next highest dollar. ● Whose tax year is a calendar year; WHO MAY FILE A pass-through entity may file the PA-40 NRC on behalf of two or more qualifying electing nonresident individual owners. See the definition of a qualifying electing nonresident individual owner for additional information. ● Who along with his or her spouse does not maintain a permanent place of abode in Pennsylvania during the calendar year; WHO MAY NOT FILE The following may not file a PA-40 NRC: www.revenue.pa.gov ● Who along with his or her spouse is a domiciliary of a state or country other than Pennsylvania during the entire calendar year; ● Who has no other Pennsylvania-taxable income derived from, or connected with Pennsylvania sources other than his or her distributive share of income or (loss) for the calendar year; and PA-40 NRC NEXT PAGE 1 ● Who elects to participate in the consolidated filing. NON-QUALIFYING OWNER Any pass-through entity owner other than a nonresident individual and all nonresident individuals with more than one source of income or (loss) from Pennsylvania. Examples include, but are not limited to: ● Estates as owners of the pass-through entity; ● Trusts as owners of the pass-through entity (regardless of how the trust is taxed); ● Other pass-through entities as owners of the passthrough entity; and ● Individuals who own more than one pass-through entity with Pennsylvania-source income or who may have any other Pennsylvania income from any sources other than the current pass-through entity such as: ○ Compensation; ○ Business or farm income or losses; ○ Gains or losses from the sale of property; ○ Rental income or losses; ○ Estate or trust income; and/or ○ Gambling or lottery winnings. IMPORTANT: A list of qualifying electing nonresident individual owners must be maintained by the passthrough entity along with a separate list of non-qualifying owners. PA-40 Schedule NRC-I must be prepared and included with the PA-40 NRC. PA-40 Schedule NRC-I provides a list of all nonresident individual owners (qualifying and non-qualifying). See the separate instructions for PA-40 Schedule NRC-I for additional information. MAINTAINING RECORDS SIGNED STATEMENTS Every participating nonresident individual owner must make an election to be part of the PA-40 NRC in writing each year. The elections must be maintained in the pass-through entity’s files. The pass-through entity must maintain for inspection at its principal office the following: ● A list of all nonresident owners with all pertinent information for the owners including the names (list by last name in alphabetical order), addresses, Social Security numbers, ownership interests, distributive shares of total taxable income, tax due before application of payments, credits, shares of tax withheld or payments, and shares of overpayment, if any. ● A signed statement from each qualifying electing nonresident individual owner listed on the PA-40 Schedule NRC-I, Directory of Nonresident Owners (Individuals), evidencing the individual’s election to join in filing a Pennsylvania consolidated group return for the taxable year. NOTE: The department does not have an official election form. However, it suggests that the statement include assertions regarding all five requirements that must be met to be a qualifying electing nonresident individual 2 PA-40 NRC PREVIOUS PAGE owner. It is the responsibility of the pass-through entity to keep the election form it receives from its qualifying electing nonresident individual owners as part of the pass-through entity’s records. Do not submit the election form to the department. FILING THE PA-40 NRC The filing of a PA-40 NRC does not affect or change the requirement for filing the PA-20S/PA-65, PA S Corporation/Partnership Information Return. The passthrough entity is still required to file the PA-20S/PA-65 and issue PA-20S/PA-65 Schedules RK-1 and NRK-1 to its owners. Please refer to the instructions for the filing of the PA20S/PA-65. WHAT TO FILE The completed PA-40 NRC, the completed PA-40 Schedule NRC-I and the PA-20S/PA-65 Schedule NRK-1 for each qualifying electing nonresident individual owner must be sent to the department for each pass-through entity filing a PA-40 NRC return on behalf of its qualifying electing nonresident individual owners. CAUTION: The PA-40 NRC must be filed in paper form. It cannot be filed electronically. ASSEMBLING THE PA-40 NRC Assemble the PA-40 NRC in the following order: ● Signed original PA-40 NRC. Do not mail a return with a photocopied signature; ● PA-40 Schedule NRC-I; ● PA-20S/PA-65 Schedules NRK-1 for each qualifying electing nonresident individual owner included in the filing of the PA-40 NRC. CAUTION: The department will not accept federal Form 1065 or 1120S Schedule K-1 because the federal schedule does not properly reflect the classified Pennsylvania-taxable income amounts. Please do not attach the federal Schedules K-1 to the PA- 40 NRC. The PA-20S/PA65 Schedules NRK-1 submitted to nonresident individuals should reflect Pennsylvania-taxable income to nonresidents. IMPORTANT: Do not create a substitute PA-40 NRC that has not been approved by the department. A spreadsheet return is an unapproved and unacceptable tax form. Unapproved tax forms filed with the department may be rejected and returned to the taxpayer or tax return preparer and may result in the imposition of interest and penalty. In addition, unapproved tax forms filed with the department may delay the processing of refunds. If you are filing any tax form other than an official tax form, please review Miscellaneous Tax Bulletin 2008-02 on the department’s website. WHEN TO FILE File the current year PA-40 NRC on or before April 15, 2020, including an extension date of Oct. 15, 2020. If the due date falls on a Saturday, Sunday, or business holiday, the entity must file its PA-40 NRC no later www.revenue.pa.gov NEXT PAGE than midnight on the first business day following the Saturday, Sunday, or business holiday. The U.S. Postal Service postmark date on the envelope is proof of timely filing. Pennsylvania follows the same tax year as federal rules. If the return cannot be filed by the original due date, request an extension of time to file. See Extension of Time To File. If the return is not filed by the original due date or extended due date and the tax due is not paid by the original due date, the department imposes late filing and underpayment penalties. CALENDAR-YEAR ENTITY A pass-through entity must report all taxable income recognized between Jan. 1 and Dec. 31. CAUTION: The PA-40 NRC cannot be filed on a fiscal year. FISCAL-YEAR ENTITY A fiscal year is a period of 12 consecutive months without regard to the calendar year. The fiscal year is designated by the calendar year in which it ends. A fiscal-year passthrough entity reports all taxable income recognized during the fiscal year. A pass-through entity cannot file the PA-40 NRC on a fiscal year. However, fiscal-year pass-through entities are allowed to file the PA-40 NRC on behalf of its nonresident individual owners as long as the nonresident individual qualifies and elects to be included in the filing. A fiscal-year pass-through entity files the PA-40 NRC return using forms for the year that includes the ending year of the fiscal-year period. While the pass-through entity files its return on forms using the beginning year of the fiscal year period, the owners of the pass-through entity report the income on forms using the ending year of the fiscal-year period. See When To File and the following Example. EXAMPLE: ABC Company has a fiscal year from July 1, 2016 until June 30, 2017. ABC Company would file the PA20S/PA-65 Information Return, on the 2016 form – the beginning year of the pass-through entity. ABC Company would file the PA-40 NRC on the 2017 form – the ending year of the pass-through entity. The Schedule NRK-1 for each qualifying electing nonresident individual owner being included on the 2017 PA-40 NRC verifies the income (loss) earned during ABC Company’s fiscal year. The fiscal beginning and ending dates are also reported on Schedule NRK1. EXTENSION OF TIME TO FILE If the pass-through entity cannot file its PA-40 NRC on or before the original return due date, the pass-through entity must use REV-276, Application for Extension of Time to File, to file for a 6-month extension. The department will not grant an extension for more than 6 months except for taxpayers outside the U.S. An extension for the PA-40 NRC is filed separately from extensions for business returns since nonresident individuals may not file on a fiscal year basis. A federal extension does not grant an extension of time to file the PA-40 NRC. An extension of time to file the PA-40 NRC does not extend the filing deadline for any other Pennsylvania tax return. A pass-through entity must obtain a separate extension of time to file all other Pennsylvania tax returns. QUALIFYING FOR THE EXTENSION When a pass-through entity requests an extension of time to file the PA-40 NRC it extends the filing time for its qualifying electing nonresident owners also. An extension of time to file a PA-40 NRC does not extend the time for full payment of the catch-up nonresident withholding tax, nor does it preclude the assessment of penalty and interest for underpayment of tax due. Pay in full the amount reasonably estimated as the catch-up nonresident withholding tax due on or before the original due date. HOW TO OBTAIN AN EXTENSION OF TIME TO FILE 1. Properly estimate the pass-through entity’s current year nonresident withholding tax liability using the information available to you. 2. Enter the pass-through entity’s tax liability on the REV276. 3. File the REV-276 on or before the original return due date of the pass-through entity’s return along with a check or money order for the current year nonresident withholding tax liability. File the REV-276 in sufficient time before the return due date. The return due date is April 15, 2020 for calendar-year filers and the 15th day of the fourth month following the close of the fiscal year for fiscal-year filers. The department will not send a letter granting the extension however you will receive notification in the event the extension is denied. MAIL FORM REV-276 TO: PA DEPARTMENT OF REVENUE BUREAU OF INDIVIDUAL TAXES PO BOX 280504 HARRISBURG PA 17128-0504 FILE A PAPER REV-276 A REV-276 can only be filed in paper form. When requesting an extension for the PA-40 NRC, it cannot be filed electronically. HOW TO FILE THE EXTENDED PA-40 NRC When filing a PA-40 NRC for which an extension was requested, the pass-through entity should fill in the “Extension Requested” oval at the top of the PA-40 NRC. NOTE: Do not submit the REV- 276 with the PA-40 NRC. EXTENSION DUE DATES See When to File. WHEN TO AMEND THE PA-40 NRC An amended PA-40 NRC can only be filed to adjust the amounts on a return for increases or decreases in amounts due to amendments made by the pass-through entity to PA20S/PA-65 Schedule NRK-1 or to correct errors. An amended PA-40 NRC cannot be filed to include any www.revenue.pa.gov PREVIOUS PAGE PA-40 NRC RETURN TO FORM NEXT PAGE 3 additional electing nonresident individual owner or to reverse an election by removal of a non-qualifying owner. OVER-REPORTED INCOME (REFUND CLAIM) If the pass-through entity over reported income, failed to claim allowable credits, failed to report allowable deductions, or events transpired that decreased its reportable Pennsylvania-taxable income, including an IRS Report of Change, the pass-through entity must file an amended PA-40 NRC. The amended return must be filed within three years of the original due date of the PA-40 NRC. NOTE: An amended PA-40 NRC should not be filed requesting a refund after the statute of limitations if a tax period has expired (three years from the original or extended due date, or payment of the tax). Additionally you may not file an amended return after the department has issued an assessment for the same taxable issues. The amended PA-20S/PA-65 Schedules NRK-1 must show the corrected Pennsylvania-taxable income, so the nonresident shareholders or partners can report the correct income on their Pennsylvania tax return. In order to obtain any refunds, owners must also file an amended Pennsylvania tax return within the later of three years of the original or extended due date of their return, or three years from the date of payment. UNDER-REPORTED INCOME (TAX DUE) If the pass-through entity under reported income, erroneously claimed credits or deductions to which it was not entitled, or events transpired that increased reportable Pennsylvania-taxable income, including an IRS Report of Change, the pass-through entity must file an amended PA40 NRC within 30 days from the determination of such increase. The amended PA-20S/PA-65 Schedules NRK-1 must show the corrected Pennsylvania-taxable income so the nonresident shareholders can report the correct Pennsylvania income on their Pennsylvania tax return. The pass-through entity and owners must also file an amended Pennsylvania tax return within 30 days of the discovery of the error to report any increase in income for taxes due. An amended return should not be filed requesting a refund in the nine-month period prior to the close of the statute of limitations for a tax period (three years from the original or extended due date of the return). A Petition for Refund (Form REV-65) should be filed for amendments requesting refunds during that time period to protect appeal rights in the event the request for refund is denied. A Petition for Refund may not be acted upon by the Board of Appeals if an amended return refund is denied and the Petition for Refund is filed after the three-year period has ended. HOW TO AMEND THE PA-40 NRC If after filing the PA-40 NRC a pass-through entity discovers that an incorrect return has been submitted to the department and/or federal Form 1065 or federal Form 1120S has been amended or if the Internal Revenue Service changes or corrects any item of income, gain or loss previously reported, the pass-through entity must submit an amended PA-40 NRC to the department 4 PA-40 NRC PREVIOUS PAGE To amend your original PA-40 NRC use a tax return form for the tax year that is to be amended and fill in the “Amended Return” oval at the top of the tax return. Do not send a copy of your original return. Complete the return by entering the corrected information and submit it with the amended PA20S/PA-65 Schedules NRK-1. Clearly mark the “Amended Schedule” oval on PA-20S/PA-65 Schedules NRK-1 and provide a copy to each owner. See Where to File. IMPORTANT: If an amended PA-20S/PA-65 Schedule NRK-1 is issued, the original PA-40 NRC must also be amended to reflect the changes on the PA-20S/PA-65 Schedule NRK-1. WHERE TO FILE Any pass-through entity filing on behalf of its qualifying electing nonresident individual owners must submit a PA-40 NRC with or without payment and the appropriate schedules to: PA DEPARTMENT OF REVENUE CONSOLIDATED RETURN PO BOX 280418 HARRISBURG PA 17128-0418 If the tax liability of the qualifying electing nonresident individual owners exceeds the nonresident withholding tax payments, the pass-through entity must pay the deficiency by the date prescribed for filing the PA-40 NRC. The passthrough entity makes the final/catch-up payment with the PA-40 NRC or with an extension request. HOW TO PAY FINAL PAYMENT OF NONRESIDENT WITHHOLDING TAX WITH THE PA-40 NRC Submit a check or money order made payable to the PA Dept. of Revenue in the same envelope with the PA-40 NRC. If available, enclose the 2017 Nonresident Withholding Tax Payment substitute voucher (approved vendor form). Print the pass-through entity's federal employer identification number (FEIN) and 2017 Final Nonresident Withholding on the check or money order. See Where to File. Do not staple the check or money order to your return. COMPLETING THE PA-40 NRC FOREIGN ADDRESS INSTRUCTIONS If the pass-through entity is located outside the U.S., it is important to write the foreign address on the PA-40 NRC according to U.S. Postal Service standards. Failure to use these standards may delay processing or any correspondence necessary to complete the processing of the return. To comply with foreign address standards, use the following rules when completing the address portion of the PA-40 NRC: ● Eliminate apostrophes, commas, periods and hyphens. Write the address in all uppercase letters. Addresses should have no more than five lines and must be written in ink or typewritten. Pencil is unacceptable. www.revenue.pa.gov RETURN TO FORM NEXT PAGE ● Write the name of the pass-through entity in the spaces provided. Mail may not be addressed to a person in one country “in care of” a person in another country. The address of items sent to general delivery must indicate the addressee’s full legal name. ● Write the address in the space provided, including street and building name and number, apartment or suite numbers, city name and city or provincial codes. All lines of the delivery address should appear in all capital letters. The house number and street address or box number must appear when mail is addressed to towns or cities. ● Write only the name of the country in the space provided for the city or post office. ● Do not include any entries in the state field other than “OC” for Out-of-Country. The ZIP code spaces should remain blank on the PA-40 NRC. Providing the address in this format will better ensure that the department is able to contact the pass-through entity if we need additional information. Below are two examples of properly completed foreign addresses: FOREIGN ADDRESS EXAMPLES Name: DIETRICH ENTERPRISES Address 1: HARTMANNSTRASSE 7 Address 2: 5300 BONN 1 City: GERMANY State: OC ZIP Code: Leave Blank OR Name: DIETRICH ENTERPRISES Address 1: 117 RUSSELL DR Address 2: LONDON W1PGHQ City: ENGLAND State: OC ZIP Code: Leave Blank CANADA (ONLY) ADDRESS EXAMPLE The following address format may be used when the postal address delivery zone number is included in the address: Name: NORTH BY NORTHWEST CO Address 1: 1010 CLEAR ST Address 2: OTTAWA ONT K1A OB1 City: CANADA State: OC ZIP Code: Leave Blank NOTE: For a Canadian address, two spaces must exist between the province abbreviation and the postal code. Please review previous example where “ONT” (province abbreviation) and “K1A OB1” (postal code) are shown with the proper address format, separated by two spaces. If the pass-through entity’s address does not fit in the available spaces on the PA-40 NRC using this format, please include a separate statement with the return showing the complete address. IDENTIFICATION INFORMATION FEDERAL EMPLOYER IDENTIFICATION NUMBER (FEIN) Enter the nine-digit FEIN of the pass-through entity. PA S CORPORATION NAME OR PARTNERSHIP NAME Enter the complete name of the pass-through entity. FIRST LINE OF ADDRESS Enter the street address. If the address has an apartment number, suite, or RR number, enter after the street address. NOTE: If the street address along with the apartment number, suite, or RR number does not fit on the first line of address, enter the street address on the second line of address and the apartment number, suite, or RR number on the first line of address. SECOND LINE OF ADDRESS Enter the post office box, if applicable. If there is no post office box, leave the second line of address blank. For a foreign address, enter the city or municipal designation. See Foreign Address Example. For a Canadian address, enter the city and postal delivery zone number. See the example for Canada. IMPORTANT: If the address has only a post office box, enter on the first line of address. CITY, STATE AND ZIP CODE Enter the appropriate information in each box. For foreign address, the bottom lines of the address should show only the country name, written in full (no abbreviations) and in capital letters. See Foreign Address Instructions. TYPE OF BUSINESS ENTITY Fill in the appropriate oval. NORTH AMERICAN INDUSTRY CLASSIFICATION SYSTEM (NAICS) CODE Provide the six-digit federal NAICS code identified on Page 1 of federal Form 1120S or 1065. AMENDED RETURN If the return is amended, fill in the oval. FINAL RETURN If the pass-through entity is out of business, fill in this oval. DATE OUT-OF-EXISTENCE Enter the date the pass-through entity went out of existence (MMDDYY). EXTENSION REQUESTED Fill in the oval if the pass-through entity requested an extension of time to file the PA-40 NRC. For more information, refer to Extension of Time To File. TOTAL NUMBER OF NONRESIDENT INDIVIDUALS Enter the number of all nonresident individual owners. Submit the PA-40 Schedule NRC-I, Directory of Nonresident Owners (Individuals). www.revenue.pa.gov PREVIOUS PAGE PA-40 NRC RETURN TO FORM NEXT PAGE 5 NUMBER OF NONRESIDENT INDIVIDUALS ELECTING TO FILE ON THIS RETURN Enter the number of qualifying electing nonresident individual owners included in the filing of the PA-40 NRC. penalty. Please review the REV-413 P/S on the department’s website. A PA-20S/PA-65 Schedule NRK-1 for each qualifying electing nonresident individual owner must accompany the PA-40 NRC. TOTAL OTHER CREDITS Add the amount of Other Credits from PA-20S/PA-65 Schedule NRK-1, Line 7 for the restricted tax credit allocated to the qualifying electing nonresident individual owners and enter the amount on the appropriate line of the PA-40 Schedule OC. Enter the total credit amount from Line 16 of PA-40 Schedule OC on Line 9 of the PA-40 NRC. If multiple credits are included on Line 7 of the PA-20S/PA-65 Schedule NRK-1 for the qualifying electing nonresident individual owners, a statement or worksheet must be included that provides a breakdown of the credits by amount for each credit and qualifying electing nonresident individual owner. LINE INSTRUCTIONS LINES 1 THROUGH 5 PENNSYLVANIA-SOURCE TAXABLE INCOME (LOSS) Enter the Pennsylvania net taxable income (loss), by income class, from the PA-20S/PA-65 Schedule NRK-1 of the qualifying electing nonresident individual owners. If a loss, fill in the oval next to the line. LINE 6 TOTAL PA-TAXABLE INCOME Add only the positive income amounts on Lines 1 through 5. Do not subtract losses. A loss in one class of income may not offset income or gain in another class of income. Guaranteed payments for services, as shown on the PA-20S/PA-65 Schedule NRK-1 of a qualifying electing non-resident individual owner, must be added to the appropriate class of income. LINE 7 PA TAX DUE BEFORE ALLOWABLE CREDITS Multiply the total on Line 6 by 3.07 percent (0.0307) to calculate the Pennsylvania income tax due before allowable credits. LINE 8 TOTAL PA TAX WITHHELD AND SUBMITTED FOR QUALIFYING ELECTING NONRESIDENT INDIVIDUAL OWNERS Enter the total amount of nonresident withholding allocated to the qualifying electing nonresident individual owners participating in the filing of this return. Also include any carryover credit from Line 13b of your 2016 PA-40 NRC and any other excess nonresident withholding payments not allocated to either qualifying electing nonresident individual owners or non-qualifying owners made on behalf of the pass-through entity. CAUTION: Any amount allocated to non-qualifying owners cannot be included on Line 8. The amounts for non-qualifying owners will be included on the tax returns filed by those taxpayers. NOTE: Although the income (loss), nonresident tax withheld, and tax credit amounts for non-qualifying owners are not included on the PA-40 NRC, all non-qualifying individuals must be listed on the PA-40 NRC-I. IMPORTANT: Failure to remit quarterly withholding tax payments for all nonresident owners will result in the imposition of interest, penalty and estimated underpayment 6 PA-40 NRC PREVIOUS PAGE LINE 9 CAUTION: Do not include amounts from Line 7 of the PA-20S/PA65 Schedules NRK-1 for non-qualifying owners. LINE 10 TOTAL PA CREDITS Add Lines 8 and 9. LINE 11 TAX DUE If Line 7 is more than Line 10, enter the difference. If the amount due is less than $1, the department does not require payment but does require the entity to file the PA-40 NRC. LINE 12 OVERPAYMENT If line 10 is more that Line 7, enter the difference. The department will not refund an overpayment less than $1. Complete Lines 13a and/or 13b. LINE 13A REFUND AMOUNT Enter the amount of Line 12 to be refunded to the passthrough entity. LINE 13B CREDITED AMOUNT Enter the amount of Line 12 to be credited to the 2018 nonresident withholding account. The department will not credit an overpayment of less than $1. The total of Lines 13a and 13b must equal Line 12. WHO MUST SIGN GENERAL PARTNER, PRINCIPAL OFFICER OR AUTHORIZED INDIVIDUAL SIGNATURE AND NAME The PA-40 NRC must be signed and dated. The pass-through entity has not filed a valid PA-40 NRC unless it is properly signed. The individual signing the return www.revenue.pa.gov RETURN TO FORM NEXT PAGE must be a general partner, limited liability company member, S corporation officer, and/or authorized partner or representative or individual expressly authorized to sign. The pass-through entity official signing the return verifies by written declaration, under penalties of perjury, that he or she personally has examined the PA-40 NRC and its accompanying schedules and to the best of his or her knowledge, the PA-40 NRC is true, correct and complete. The pass-through entity official that is responsible for signing the PA-40 NRC must sign it by hand; signature stamps or labels are not acceptable, and include his or her title, date, and daytime phone number. The responsible official must submit all required schedules with the PA-40 NRC including the PA-40 NRC-I and PA20S/PA-65 Schedules NRK-1 for each individual owner included in the filing. PREPARER’S SIGNATURE AND NAME A paid preparer may sign original or amended returns by rubber stamp, mechanical device, or computer software program. Pennsylvania follows federal guidelines for signature requirements for the preparer. If a partner, shareholder or employee of the pass-through entity completes the PA-40 NRC the paid preparer’s space should remain blank. In addition anyone who prepares the PA-40 NRC, Nonresident Consolidated Income Tax Return, but does not charge the pass-through entity should not complete the paid preparer section. www.revenue.pa.gov PREVIOUS PAGE Anyone who prepares a PA-40 NRC for a fee or incident to the performance of services for which the preparer charges a fee e.g. an attorney provides legal services for a fee and includes for free, the preparation of the PA-40 NRC must complete the required paid preparer information listed below: ● Print or type the paid preparer’s names in the space provided. ● Sign the return in the space provided for the paid preparer’s signature. ● Fill in the other areas in the “Paid Preparer Use Only” section. ● Print or type the paid preparer’s company or corporation name and federal employer identification number, if applicable. ● Print or type the paid preparer’s Preparer Tax Identification Number (PTIN). If you are a paid preparer, you must use a PTIN issued by the Internal Revenue Service (IRS) to identify yourself in the paid preparer section of the tax return. ● Give a copy of the return to the taxpayer. If someone prepares the return at no charge, the paid preparer’s area need not be completed. PA-40 NRC 7 RETURN TO FORM
2019 PA-40 NRC - Nonresident Consolidated Income Tax Return (PA-40 NRC)
More about the Pennsylvania Form PA-40 NRC Individual Income Tax Tax Return
We last updated the PA-40 NRC - Nonresident Consolidated Income Tax Return in January 2020, and the latest form we have available is for tax year 2019. 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 Individual Income Tax Forms:
|Form Code||Form Name|
|Form PA-40||Pennsylvania Income Tax Return|
|Form PA-40 PA-V||PA-40 Payment Voucher|
|Form PA-40 W-2S||PA Schedule W-2S - Wage Statement Summary|
|PA-40||Income Tax Return|
|Form PA-40 A||PA Schedule A - Interest Income|
|Form PA-40 SP||PA Schedule SP - Special Tax Forgiveness|
|Form PA-40 B||PA Schedule B - Dividend Income|
|Form PA-40 UE||PA Schedule UE - Allowable Employee Business Expenses|
|Form PA-40 C||PA Schedule C - Profit or Loss From Business or Profession|
|Form PA-40 T||PA Schedule T - Gambling and Lottery Winnings|
Pennsylvania usually releases forms for the current tax year between January and April. We last updated Pennsylvania Form PA-40 NRC from the Department of Revenue in January 2020.
Form PA-40 NRC is a Pennsylvania Individual Income Tax form. Like the Federal Form 1040, states each provide a core tax return form on which most high-level income and tax calculations are performed. While some taxpayers with simple returns can complete their entire tax return on this single form, in most cases various other additional schedules and forms must be completed, depending on the taxpayer's individual situation, to create a complete income tax return package.
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 Pennsylvania Form PA-40 NRC
We have a total of nine past-year versions of Form PA-40 NRC in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2019 PA-40 NRC - Nonresident Consolidated Income Tax Return (PA-40 NRC)
2018 PA-40 NRC - Nonresident Consolidated Income Tax Return (PA-40 NRC)
2017 PA-40 NRC - Nonresident Consolidated Income Tax Return (PA-40 NRC)
2016 PA-40 NRC - Nonresident Consolidated Income Tax Return (PA-40 NRC)
2015 PA-40 NRC - Nonresident Consolidated Income Tax Return (PA-40 NRC)
2014 Nonresident Consolidated Income Tax Return (PA-40 NRC)
2013 Nonresident Consolidated Income Tax Return (PA-40 NRC)
2012 PA Schedule NRC - Nonresident Consolidated Income Tax Return (PA-40 NRC)
2011 PA Schedule NRC - Nonresident Consolidated Income Tax Return (PA-40 NRC)
While we do our best to keep our list of Pennsylvania 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.