Pennsylvania Form PA-40 ES (P/S/F) (PA-40 ES Partnership, PA S Corporation and Fiduciary - Declaration of Estimated Withholding Tax) (2024)

PA-40 ES Partnership, PA S Corporation and Fiduciary - Declaration of Estimated Withholding Tax
2022 PA-40 ES Partnership, PA S Corporation and Fiduciary - Declaration of Estimated Withholding Tax for Partnerships, S Corporations and Fiduciaries 
IMPORTANT: FILL IN FORM MUST BE DOWNLOADED ONTO YOUR COMPUTER PRIOR TO COMPLETING2022 PA-40 ES PARTNERSHIP, PA S CORPORATION AND FIDUCIARY(DR) 07-21DECLARATION OF ESTIMATED WITHHOLDING TAX FOR PARTNERSHIPS, S CORPORATIONS AND FIDUCIARIESDECLARATION OF ESTIMATED WITHHOLDING TAX,FIDUCIARY, ESTATES AND TRUST (PA-40 ES)The PA-40 ES (P/S/F) is used by a partnership, PA Scorporation, estate or trust to remit its nonresidentwithholding tax payments. These instructions provideinformation regarding the nonresident withholding tax.PENALTY FOR FAILURE TO WITHHOLDPennsylvania law imposes a penalty for failure to remitnonresident withholding on or before the 15th day of thefourth month following the end of the taxable year. Thepenalty is 5 percent per month or fraction thereof, to amaximum of 50 percent, of the nonresident withholding due.The PA-40 ES (P/S/F) is also used by an estate or trust toremit estimated tax payments. For instructions and rules oncalculating the estimated tax, see REV-413 (F), Instructionsfor Estimating PA Fiduciary Income Tax, and REV-414 (F),Estates and Trusts Worksheet for Estimated Tax.FORMS AND TIMEFRAME TO MAKE NONRESIDENTWITHHOLDING TAX PAYMENTSPartnerships, PA S corporations, estates and trusts withtaxable PA-source income are required to withhold and remitPA personal income tax from the income of the nonresidentowners or beneficiaries. The withholding must be remittedto the department by April 15th for calendar year filers (orthe 15th day of the fourth month after the close of the taxableyear for fiscal year filers). The department encourageswithholding to be remitted quarterly throughout the tax yearusing the PA-40 ES (P/S/F) coupon. Final withholdingpayments should be remitted with the PA-20S/PA-65, PA-41or REV-276 (in the case of an extension).WHO MUST WITHHOLD AND REMITPartnerships, PA S corporations, estates and trusts withtaxable PA-source income are:• Jointly liable with their nonresident partners,shareholders, members and beneficiaries for paymentof tax on such income to the extent allocable to thenonresidents; and• Authorized and required to withhold such tax from thenonresidents and remit the tax to Pennsylvania.The imposition of the tax against the partnership, PA Scorporation, estate or trust does not change the filingrequirements or the tax liability of its nonresident partners,shareholders, members or beneficiaries.The nonresidents are entitled to claim a credit on theirannual returns for the tax withheld and treat the income asincome subject to withholding in calculating any otherpersonal estimated taxes. The partnership, PA Scorporation, estate or trust may not reduce its withholdingrequirement by any estimated payments made by thenonresident owner or beneficiary.ELECTRONIC SERVICESIndividuals can remit estimated, extension and tax duepayments through the department's myPATH portal. Visitmypath.pa.gov and select Make a payment to pay viaelectronic funds transfer. Payments made after December31, 2021, equal to or greater than $15,000 must be madeelectronically. Payments not made electronically will besubject to a penalty equal to 3% of the payment amount notto exceed $500.HOW TO COMPLETE THE PA-40 ES (P/S/F)Use a separate PA-40 ES (P/S/F) for each payment.• For fiscal filers only, enter the Beginning and Ending taxperiod dates;t Detach here t✁2022 PA-40 ES DECLARATION OF ESTIMATED WITHHOLDING TAXPA-40 ES (P/S/F)(DR) 07-21 (FI)STARTEMPLOYER IDENTIFICATION NUMBERTYPE OF ACCOUNT (MUST FILL IN OVAL)DATE FILEDF – FIDUCIARY (ESTATE or TRUST)➜C – (PARTNERSHIP, ASSOCIATIONor PA S CORPORATION)FISCAL FILERS ONLY - BEGINNINGNAMEFISCAL FILERS ONLY - ENDINGNAME (CONTINUED)FIRST LINE OF ADDRESS (P.O. BOX, APT. NO., SUITE, FLOOR, RR NO., ETC.)PAYMENT AMOUNTSECOND LINE OF ADDRESSCITYSTATEZIPPHONE NUMBERssssDECLARATION OF THE ESTIMATED TAXDEPARTMENT USE ONLYMake check or money orderpayable to the PennsylvaniaDepartment of Revenue2202510059Reset Entire FormNEXT PAGEPRINT• Enter the payment in the Payment Amount block;• Make the check or money order payable to PADepartment of Revenue, printing the entity’s FEIN and“2022 Nonresident Tax Payment” on the check ormoney order;• Do not staple or attach the payment the PA-40 ES(P/S/F); Mail the payment and the PA-40 ES (P/S/F) tothe following address:PA DEPARTMENT OF REVENUEPO BOX 280403HARRISBURG PA 17128-0403IMPORTANT: When filing the PA-40 ES (P/S/F), enterthe FEIN of the partnership, PA S corporation, estateor trust; never use the Social Security number of an owneror beneficiary.Complete the other identification information on the lefthand side of the coupon. In the middle column, fill in theoval to indicate the account is for a partnership, PA Scorporation, estate or trust. In the right-hand column, enterthe fiscal year information if applicable, as well as thepayment amount or declaration of tax.2022 PA NONRESIDENT WITHHOLDING TAX WORKSHEET FOR PARTNERSHIPS,PA S CORPORATIONS, FIDUCIARY, ESTATES AND TRUSTS(Use the worksheet below to help calculate and track your nonresident withholding for the year.)SECTION I2022 PA NONRESIDENT WITHHOLDING (Keep for Your Records)1.Enter the 2022 PA-taxable income the partnership, PA S corporation, estate or trust expects to realize from PA sources. 1.2.Multiply Line 1 by 3.07% (0.0307). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2.SECTION IIIPayment2022 RECORD OF NONRESIDENT WITHHOLDING TAX PAYMENTS (if more than six, make a copy of this worksheet)(A) Date(B) AmountPayment142536(A) Date(B) AmountTotalSECTION IV2022 FINAL NONRESIDENT WITHHOLDING TAX WORKSHEET1.Enter the total PA-taxable income from PA sources from the 2022 PA-20S/PA-65 or PA-41. . . . . . . . . . . . . . . . . . . . . . . .1.2.Enter the total nonresidents’ distributive shares of Line 1 above, totaled from PA Schedules NRK-1. . . . . . . . . . . . . . . . .2.3.Total 2022 PA Nonresident Withholding. Multiply Line 2 by 3.07% (0.0307). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3.4.Allowable PA Credits from Schedule OC. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4.5.The nonresidents’ distributive share of Line 4 above from PA Schedules NRK-1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5.6.Total nonresident withholding paid for the taxable year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6.7.Total credits and withholding payments. Add Lines 5 and 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7.8.Nonresident withholding due with final return. Subtract Line 7 from Line 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8.LINE 8 IS THE PAYMENT THAT MUST BE REMITTED WITH THE ANNUAL RETURN (PA-20S/PA-65 OR PA-41). IN ADDITION, FOR PARTNERSHIPSOR S CORPORATIONS, YOU MUST ALSO COMPLETE PA-20S/PA-65 SCHEDULE NW AND INCLUDE IT WITH FORM PA-20S/PA-65.RETURN TO COUPON

Extracted from PDF file 2022-pennsylvania-form-pa-40-es-psf.pdf, last modified July 2020

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