Form PA-41 Schedule NRK-1 "Nonresident Schedule of Shareholder/ Partner/Beneficiary Pass Through Income, Loss and Credits" - Pennsylvania

What Is Form PA-41 Schedule NRK-1?

This is a legal form that was released by the Pennsylvania Department of Revenue - a government authority operating within Pennsylvania.The document is a supplement to Form PA-41, Pa Fiduciary Income Tax Return. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on June 1, 2019;
  • The latest edition provided by the Pennsylvania Department of Revenue;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form PA-41 Schedule NRK-1 by clicking the link below or browse more documents and templates provided by the Pennsylvania Department of Revenue.

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Download Form PA-41 Schedule NRK-1 "Nonresident Schedule of Shareholder/ Partner/Beneficiary Pass Through Income, Loss and Credits" - Pennsylvania

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PA SCHEDULE NRK-1
1904610050
Nonresident Schedule of Shareholder/
Partner/Beneficiary Pass Through
Income, Loss and Credits
PA-41 NRK-1 06-19
(FI)
2019
PA Department of Revenue
Suffix First Name
Last Name
M I
START
SSN
Spouse’s SSN
Phone Number
If jointly held
Name of Owner Receiving NRK-1 (if other than an individual)
FEIN
First Line of Address
:
Amended Schedule
Final
Owner
Shareholder’s stock ownership: ________%
Individual
Second Line of Address
Beneficiary’s year-end distribution: ________%
PA S Corp.
Partner’s percentage of:
All Other Corp.
City or Post Office
State
ZIP Code
Profit sharing: ________%
Estate/Trust
Loss sharing: ________%
Partnership
Ownership of capital: ________%
LLC
Exempt
Name of Entity Issuing NRK-1
Partner:
General Partner
City or Post Office
State
ZIP Code
Entity: (Fill in one oval only)
or LLC Member
- Manager
Estate/Trust
Partnership
FEIN
Revenue ID
Limited Partner
PA S Corp
LLC
or Other LLC
Fiscal Year
Short Year
Member
MM/DD/YY
MM/DD/YY
Begin
End
NOTE: Amounts from this schedule must be reported on the appropriate PA Tax Return.
Enter whole dollars only
1 PA-Taxable Business Income (Loss) from Operations . . . . . . . . . . . . .
1
If a loss, fill in the oval.
2 Net Gain (Loss) from the Sale, Exchange or Disposition of Property . .
2
If a loss, fill in the oval.
3
3 Net Income (Loss) from Rents, Royalties, Patents and Copyrights . . . .
If a loss, fill in the oval.
4 Income of/from Estates or Trusts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
5 Gambling and Lottery Winnings (Loss) . . . . . . . . . . . . . . . . . . . . . . . . .
If a loss, fill in the oval.
5
6
6 PA Nonresident Tax Withheld . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7
7 Total Other Credits. Submit statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
8 Distributions of Cash, Marketable Securities, and Property - not including guaranteed payments . . . .
9
9 Guaranteed Payments for Capital or Other Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10
10 All Other Guaranteed Payments for Services Rendered (PA-Apportioned Amount Only) . . . . . . . . .
11
11 Guaranteed Payments to the Retired Partner . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
If liquidating, fill in the oval.
12
12 Distributions from PA Accumulated Adjustments Account . . . . . . .
13
13 Distributions of Cash, Marketable Securities, and Property . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14
14 Nontaxable income (loss) or nondeductible expenses required to . . . . . . .
If a loss, fill in the oval.
calculate owner’s economic investment. Submit statement.
15 Owner’s Share of IRC Section 179 allowed according to PA rules . . . . . . . . . . . . . . . . . . . . . . . . . . .
15
16 Owner’s Share of Straight-Line Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16
17 Partner’s Share of Nonrecourse Liabilities at year-end . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17
18 Partner’s Share of Recourse Liabilities at year-end . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18
1904610050
1904610050
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PA SCHEDULE NRK-1
1904610050
Nonresident Schedule of Shareholder/
Partner/Beneficiary Pass Through
Income, Loss and Credits
PA-41 NRK-1 06-19
(FI)
2019
PA Department of Revenue
Suffix First Name
Last Name
M I
START
SSN
Spouse’s SSN
Phone Number
If jointly held
Name of Owner Receiving NRK-1 (if other than an individual)
FEIN
First Line of Address
:
Amended Schedule
Final
Owner
Shareholder’s stock ownership: ________%
Individual
Second Line of Address
Beneficiary’s year-end distribution: ________%
PA S Corp.
Partner’s percentage of:
All Other Corp.
City or Post Office
State
ZIP Code
Profit sharing: ________%
Estate/Trust
Loss sharing: ________%
Partnership
Ownership of capital: ________%
LLC
Exempt
Name of Entity Issuing NRK-1
Partner:
General Partner
City or Post Office
State
ZIP Code
Entity: (Fill in one oval only)
or LLC Member
- Manager
Estate/Trust
Partnership
FEIN
Revenue ID
Limited Partner
PA S Corp
LLC
or Other LLC
Fiscal Year
Short Year
Member
MM/DD/YY
MM/DD/YY
Begin
End
NOTE: Amounts from this schedule must be reported on the appropriate PA Tax Return.
Enter whole dollars only
1 PA-Taxable Business Income (Loss) from Operations . . . . . . . . . . . . .
1
If a loss, fill in the oval.
2 Net Gain (Loss) from the Sale, Exchange or Disposition of Property . .
2
If a loss, fill in the oval.
3
3 Net Income (Loss) from Rents, Royalties, Patents and Copyrights . . . .
If a loss, fill in the oval.
4 Income of/from Estates or Trusts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
5 Gambling and Lottery Winnings (Loss) . . . . . . . . . . . . . . . . . . . . . . . . .
If a loss, fill in the oval.
5
6
6 PA Nonresident Tax Withheld . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7
7 Total Other Credits. Submit statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
8 Distributions of Cash, Marketable Securities, and Property - not including guaranteed payments . . . .
9
9 Guaranteed Payments for Capital or Other Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
10
10 All Other Guaranteed Payments for Services Rendered (PA-Apportioned Amount Only) . . . . . . . . .
11
11 Guaranteed Payments to the Retired Partner . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
If liquidating, fill in the oval.
12
12 Distributions from PA Accumulated Adjustments Account . . . . . . .
13
13 Distributions of Cash, Marketable Securities, and Property . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14
14 Nontaxable income (loss) or nondeductible expenses required to . . . . . . .
If a loss, fill in the oval.
calculate owner’s economic investment. Submit statement.
15 Owner’s Share of IRC Section 179 allowed according to PA rules . . . . . . . . . . . . . . . . . . . . . . . . . . .
15
16 Owner’s Share of Straight-Line Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16
17 Partner’s Share of Nonrecourse Liabilities at year-end . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17
18 Partner’s Share of Recourse Liabilities at year-end . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18
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2019
Pennsylvania Department of Revenue
Instructions for PA-41 Schedule NRK-1
Nonresident Schedule of Shareholder/Partner/Beneficiary
Pass Through Income, Loss and Credits
PA-41 NRK-1 IN 06-19
WHO SHOULD RECEIVE A PA-41 SCHEDULE NRK-1
WHAT’S NEW
A PA-41 Schedule NRK-1 must be prepared and provided
to every nonresident beneficiary who is an individual. A copy
Per Act 16 of 2019, Qualified Subchapter S Trusts (QSSTs)
of the PA-41 Schedule NRK-1 for each nonresident
that receive Educational Improvement Tax Credits or
beneficiary who is an individual must accompany the
Opportunity Scholarship Tax Credits from a pass-through
estate’s/trust’s PA-41, Fiduciary Income Tax Return.
entity may pass through unused Educational Improvement
Tax Credits and/or Opportunity Scholarship Tax Credits to
The estate or trust must prepare and provide both PA-41
the beneficiary of the QSST. See the instructions for Line 7
Schedules RK-1 and NRK-1 to any beneficiary that was
for additional information.
a/an:
• Individual who was a part-year Pennsylvania resident;
GENERAL INFORMATION
• Estate or trust;
PURPOSE OF SCHEDULE
• PA S corporation;
Estates and trusts use PA-41 Schedule NRK-1 to report the
• Partnership; or
Pennsylvania-source income of estates and trusts and PA
• Entity formed as a limited liability company classified as
nonresident tax withheld to each nonresident individual or
a partnership or PA S corporation for federal income tax
nonresident estate and trust beneficiary. A PA-41 Schedule
purposes.
NRK-1 is also used to report the Pennsylvania-source
income of the estate or trust for each resident or nonresident
Both schedules for each such beneficiary must also be
partnership, PA S corporation or entity formed as a limited
submitted with the PA-41, Fiduciary Income Tax Return.
liability company classified as a partnership or PA S
IMPORTANT: The department does not accept federal
corporation for federal income tax purposes.
Form 1041 Schedule K-1 because the schedule does
not properly reflect the classified Pennsylvania-taxable
Nonresident estate and trust beneficiaries are subject to
income amounts.
Pennsylvania personal income tax on their shares of the
estate or trust’s distributed or distributable Pennsylvania-
PA-41 Schedules RK-1 submitted to nonresident and entity
beneficiaries (including nonresident estates and trusts)
source income. Resident estate and trust beneficiaries are
should reflect the taxable income to Pennsylvania as if the
subject to tax on their shares of the estate or trust’s distributed
nonresident beneficiary was a Pennsylvania resident even
or distributable income, regardless of income source.
if the estate or trust preparing them is a nonresident.
NONRESIDENT BENEFICIARY RESIDENCY STATUS
PA-41 Schedules NRK-1 issued to nonresident beneficiaries
The fiduciary of an estate or trust must determine (through
should reflect just the Pennsylvania-source income taxable
reasonable means) the residency status of each individual
to those beneficiaries. Additionally, only PA-41 Schedules
and/or estate or trust beneficiary. A fiduciary of an estate or
NRK-1 issued to nonresident individuals and nonresident
trust that fails to keep an accurate list of beneficiaries may
estates or trusts should reflect PA tax withheld for
be subject to the tax, penalty and interest of any beneficiary
nonresident beneficiaries.
who was provided a PA-41 Schedule NRK-1 when a PA-41
HOW TO AMEND PA-41 SCHEDULE NRK-1
Schedule RK-1 should have been provided.
Where an amendment to the PA-41, Fiduciary Income Tax
PA TAX WITHHELD FOR
Return, results in a need to amend the PA-41 Schedule NRK-
NONRESIDENT BENEFICIARIES
1, an amended PA-41 Schedule NRK-1 must be forwarded
to the PA Department of Revenue with the amended tax
Each nonresident Individual or nonresident estate or trust
return, and a copy must be provided to each beneficiary.
must also have PA income tax withheld at a rate of 3.07
percent (0.0307) on their shares of the estate or trust’s
An amended PA-41, Fiduciary Income Tax Return and an
distributed or distributable Pennsylvania-source income.
amended PA-41 Schedule NRK-1 for each beneficiary must
Complete PA-41 Schedule N to determine the amount of
also be filed to correct any error on or reflect any change to
withholding for each nonresident beneficiary subject to
the PA-41, Fiduciary Income Tax Return, whether or not an
withholding.
amended federal Form 1041 was filed for that year.
www.revenue.pa.gov
PA-41 NRK-1
1
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To amend an original PA-41 Schedule NRK-1, use a blank
SAUNDERS HELEN ESTATE OF
schedule for the tax year to be amended and fill in the
JANET SAUNDERS EXECUTRIX
“Amended Schedule” oval at the top of the schedule. Do not
9 BOW ST OTTAWA ON K1A 0B1 CANADA OC
send a copy of the original schedule.
If the estate or trust’s address does not fit in the available
Complete the schedule by entering the corrected information
spaces on the PA-41 Schedule NRK-1 using the above
and submit it with the amended PA-41, Fiduciary Income Tax
formats, please include a separate statement with the return
Return. See “Where To File” in the PA-41 instructions.
showing the complete address.
SECTION I
COMPLETING PA-41 SCHEDULE NRK-1
FOREIGN ADDRESS INSTRUCTIONS
GENERAL INFORMATION
(OTHER THAN CANADA)
SSN
If the estate or trust is located outside the U.S., it is important
to write the foreign address on the PA-41 Schedule NRK-1
Enter the nine-digit Social Security number (SSN) if the
according to U.S. Postal Service standards.
beneficiary of the estate or trust is an individual receiving
the PA-41 NRK-1.
Failure to use these standards may delay any refunds
LAST NAME, SUFFIX, FIRST NAME, MIDDLE INITIAL
requested or correspondence necessary to complete the
processing of the return.
If the beneficiary of the estate or trust is an individual, enter
the last name; suffix such as Jr., Sr., etc; first name and
To comply with foreign address standards, use the following
middle initial of the individual beneficiary who is receiving
rules when completing the address portion of the PA-41
Schedule NRK-1.
the PA-41 Schedule NRK-1.
• Eliminate apostrophes, commas, periods and hyphens.
SPOUSE’S SSN
• Use all capital letters to write all lines.
Enter the nine-digit SSN of the spouse of the beneficiary (if
• Write the name of the estate or trust in the space
jointly held) receiving the PA-41 Schedule NRK-1.
provided.
FEIN
• Write the name and title of the fiduciary in the space
Enter the nine-digit federal employer identification number
provided.
(FEIN) of the entity beneficiary receiving the PA-41
• Write the address in the space provided, including street
Schedule NRK-1.
and building name and number, apartment or suite
NAME OF OWNER RECEIVING NRK-1
numbers, city name and city or provincial codes.
(IF OTHER THAN AN INDIVIDUAL)
• Write only the name of the country in the space provided
If the beneficiary of the estate or trust is an estate, trust
for the city or post office.
partnership, PA S corporation, entity formed as a limited
• Write OC in the entry space for state to indicate out-of-
liability company classified as a partnership or PA S
country.
corporation for federal income tax purposes, enter the FEIN
• Leave the ZIP code spaces on the PA-41 Schedule
and name of the entity receiving the PA-41 Schedule NRK-1.
NRK-1 blank.
If the PA-Schedule NRK-1 is being issued to an individual
Providing the address in this format will better ensure that
beneficiary, leave this field blank.
the department is able to send a refund on a timely basis or
FIRST LINE OF ADDRESS
contact the estate or trust if additional information is required.
Enter the street address of the individual or entity beneficiary
Below is an example of a properly completed foreign address.
receiving the PA-41 Schedule NRK-1. If the address has an
apartment number, suite or RR number, enter it after the
Foreign Address Example.
street address.
DIETRIC-FISCHER INGE TRUST
The U.S. Postal Service preference is to put the actual
PATRIK FISCHER TTEE
delivery address on the line immediately above the city, state
WEIMARER STR 7 5300 BONN 1
and ZIP Code.
GERMANY OC
NOTE: If the street address along with the apartment
CANADA ONLY FOREIGN ADDRESS INSTRUCTIONS
number, suite or RR number does not fit on the first
The same rules apply as for other foreign address
line of address, then enter the street address on the second
instructions. However, when the Canada address contains
line of address and the apartment number, suite or RR
a postal zone and two-character abbreviation for provinces
number on the first line of address.
and territories, there are special spacing rules for the
SECOND LINE OF ADDRESS
address line for the PA-41 Schedule RK-1. On mail to
Canada, there must be two spaces between the province
Enter the post office box, if appropriate, of the individual or
abbreviation and the postal code. Below is an example of a
entity beneficiary entity receiving the PA-41 Schedule NRK-
properly completed Canada foreign address.
1. If there is no post office box, leave the second line of the
PA-41 NRK-1
www.revenue.pa.gov
2
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ENTITY
address blank. Eliminate all punctuation such as
apostrophes, commas, periods and hyphens.
Fill in the estate or trust oval only.
For a foreign address, enter the city or municipal
FISCAL YEAR
designation. See the Foreign Address Example.
If the estate or trust does not file on a calendar-year basis,
fill in the oval.
For a Canadian address, enter the city and postal delivery
zone number. See the Canada Address Example.
Enter month, day and year (MMDDYY) when the fiscal year
IMPORTANT: If the address has only a post office box,
begins and ends.
enter on the first line of address.
SHORT YEAR
CITY, STATE AND ZIP CODE
A short year is an accounting period shorter than one year
Enter the appropriate information of the individual or entity
(and not a 52-53 week taxable year).
beneficiary receiving the PA-41 Schedule NRK-1 in each
A short-year return is required for the following reasons:
box. Eliminate all punctuation such as apostrophes,
• Changes in the annual accounting period. For example,
commas, periods and hyphens.
the entity changes from a fiscal to a calendar filer;
NAME OF ENTITY ISSUING NRK-1
• An entity is in existence during only part of the tax year.
Enter the name of the estate or trust issuing the PA-41
For example, the estate or trust tax year is the initial year.
Schedule NRK-1.
See “How to File a Short-Year Return” in the PA-41,
CITY, STATE AND ZIP CODE
Fiduciary Income Tax Return instructions.
Enter the appropriate information in each box of the
estate or trust issuing the PA-41 Schedule NRK-1.
LINE INSTRUCTIONS
Eliminate all punctuation such as apostrophes, commas,
periods and hyphens.
SECTION II
FEIN
LINES 1 THROUGH 3
Enter the nine-digit federal employer identification
number (FEIN) of the estate or trust issuing the PA-41
SHAREHOLDER/PARTNER/
Schedule NRK-1.
BENEFICIARY DISTRIBUTIVE SHARE
REVENUE ID
OF PENNSYLVANIA-SOURCE INCOME (LOSS)
This field is not applicable for estates and trusts.
Do not enter any amounts on Lines 1 through 3.
AMENDED SCHEDULE
Do not report the income of beneficiaries of estates
If the estate or trust is filing an amended PA-41, Fiduciary
and trusts on any lines of PA-41 Schedule NRK-1
Tax Return, and the amount of income distributed to a
except Line 4.
nonresident beneficiary changes, fill in the amended
Do not enter any amounts on Lines 1 through 3, Line
schedule oval.
5 and Lines 7 through 18.
FINAL
LINE 4
If this is the final year of distributions to the beneficiary from
the estate or trust, fill in the final oval.
If the beneficiary is an individual or estate or trust, enter the
BENEFICIARY’S YEAR-END DISTRIBUTION
beneficiary’s share of income from Section 2 of PA-41
Enter the beneficiary’s percentage of year-end distributions
Schedule N for the beneficiary named on this PA-41
from the estate or trust for the ratio of the beneficiary’s
Schedule NRK-1. If the beneficiary is an entity other than an
taxable distribution as reported on PA-41 Schedule NRK-1,
estate or trust, use the following formula to determine the
Line 4 to the total distribution as reported on PA-41,
amount
of
Pennsylvania-source
income
for
each
Fiduciary Income Tax Return, Line 8.
nonresident beneficiary:
Valid values for input on this line include the values of
A x B = Pennsylvania-Source Income of Nonresident
“00000” to “10000”. The decimal point is implied after the
Beneficiary Reported on Schedule NRK-1 Line 4.
third character from the left. For example:
Where:
• To indicate 100%, enter the value as “10000”;
A = Total distributed or distributable Pennsylvania-source
• To indicate 33.33%, enter the value as “03333”; or
income from Section 1, Line 8 of PA-41 Schedule N.
• To indicate 25%, enter the value as “02500”.
If Schedule N is not required, the lesser of Line 3b or
OWNER
Line 14b of PA-41 Schedule DD.
Fill in the oval that designates what type of beneficiary
B = Beneficiary’s year-end distribution percentage. The
received the PA-41 NRK-1. Fill in one oval only.
beneficiary’s year-end distribution percentage is
www.revenue.pa.gov
PA-41 NRK-1
3
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