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.

ADVERTISEMENT
ADVERTISEMENT

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

Download PDF

Fill PDF online

Rate (4.5 / 5) 55 votes
Page background image
PA SCHEDULE NRK-1
2004610057
Nonresident Schedule of Shareholder/
Partner/Beneficiary Pass Through
Income, Loss and Credits
PA-41 NRK-1 05-20
(FI)
2020
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
PA S Corp
LLC
Limited Partner
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) . . . . . . . . . . . . . . . . . . . . . . . . .
5
If a loss, fill in the oval.
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
2004610057
2004610057
Reset Entire Form
TOP OF PAGE
NEXT PAGE
PRINT
PA SCHEDULE NRK-1
2004610057
Nonresident Schedule of Shareholder/
Partner/Beneficiary Pass Through
Income, Loss and Credits
PA-41 NRK-1 05-20
(FI)
2020
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
PA S Corp
LLC
Limited Partner
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) . . . . . . . . . . . . . . . . . . . . . . . . .
5
If a loss, fill in the oval.
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
2004610057
2004610057
Reset Entire Form
TOP OF PAGE
NEXT PAGE
PRINT
THIS PAGE DOES NOT PRINT
2020
Instructions for PA-41 Schedule NRK-1
Nonresident Schedule of Shareholder/Partner/Beneficiary
Pass Through Income, Loss and Credits
PA-41 NRK-1 IN 05-20
• Estate or trust;
GENERAL INFORMATION
• PA S corporation;
PURPOSE OF SCHEDULE
• Partnership; or
Estates and trusts use PA-41 Schedule NRK-1 to report the
• Entity formed as a limited liability company classified as
Pennsylvania-source income of estates and trusts and PA
a partnership or PA S corporation for federal income tax
nonresident tax withheld to each nonresident individual or
nonresident estate and trust beneficiary. A PA-41 Schedule
purposes.
NRK-1 is also used to report the Pennsylvania-source
Both schedules for each such beneficiary must also be
income of the estate or trust for each resident or nonresident
submitted with the PA-41, Fiduciary Income Tax Return.
partnership, PA S corporation or entity formed as a limited
IMPORTANT: The department does not accept federal
liability company classified as a partnership or PA S
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
source income. Resident estate and trust beneficiaries are
beneficiaries (including nonresident estates and trusts)
subject to tax on their shares of the estate or trust’s distributed
should reflect the taxable income to Pennsylvania as if the
or distributable income, regardless of income source.
nonresident beneficiary was a Pennsylvania resident even
NONRESIDENT BENEFICIARY RESIDENCY STATUS
if the estate or trust preparing them is a nonresident.
The fiduciary of an estate or trust must determine (through
PA-41 Schedules NRK-1 issued to nonresident beneficiaries
reasonable means) the residency status of each individual
should reflect just the Pennsylvania-source income taxable
and/or estate or trust beneficiary. A fiduciary of an estate or
to those beneficiaries. Additionally, only PA-41 Schedules
trust that fails to keep an accurate list of beneficiaries may
NRK-1 issued to nonresident individuals and nonresident
be subject to the tax, penalty and interest of any beneficiary
estates or trusts should reflect PA tax withheld for
who was provided a PA-41 Schedule NRK-1 when a PA-41
nonresident beneficiaries.
Schedule RK-1 should have been provided.
HOW TO AMEND PA-41 SCHEDULE NRK-1
PA TAX WITHHELD FOR
Where an amendment to the PA-41, Fiduciary Income Tax
NONRESIDENT BENEFICIARIES
Return, results in a need to amend the PA-41 Schedule NRK-
Each nonresident Individual or nonresident estate or trust
1, an amended PA-41 Schedule NRK-1 must be forwarded
must also have PA income tax withheld at a rate of 3.07
to the PA Department of Revenue with the amended tax
percent (0.0307) on their shares of the estate or trust’s
distributed or distributable Pennsylvania-source income.
return, and a copy must be provided to each beneficiary.
Complete PA-41 Schedule N to determine the amount of
An amended PA-41, Fiduciary Income Tax Return and an
withholding for each nonresident beneficiary subject to
amended PA-41 Schedule NRK-1 for each beneficiary must
withholding.
also be filed to correct any error on or reflect any change to
WHO SHOULD RECEIVE A PA-41 SCHEDULE NRK-1
the PA-41, Fiduciary Income Tax Return, whether or not an
A PA-41 Schedule NRK-1 must be prepared and provided
amended federal Form 1041 was filed for that year.
to every nonresident beneficiary who is an individual. A copy
To amend an original PA-41 Schedule NRK-1, use a blank
of the PA-41 Schedule NRK-1 for each nonresident
schedule for the tax year to be amended and fill in the
beneficiary who is an individual must accompany the
estate’s/trust’s PA-41, Fiduciary Income Tax Return.
“Amended Schedule” oval at the top of the schedule. Do not
send a copy of the original schedule.
The estate or trust must prepare and provide both PA-41
Schedules RK-1 and NRK-1 to any beneficiary that was
Complete the schedule by entering the corrected information
a/an:
and submit it with the amended PA-41, Fiduciary Income Tax
• Individual who was a part-year Pennsylvania resident;
Return. See “Where To File” in the PA-41 instructions.
www.revenue.pa.gov
PA-41 NRK-1
1
PREVIOUS PAGE
NEXT PAGE
SECTION I
COMPLETING PA-41 SCHEDULE NRK-1
FOREIGN ADDRESS INSTRUCTIONS
GENERAL INFORMATION
(OTHER THAN CANADA)
If the estate or trust is located outside the U.S., it is important
SSN
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
requested or correspondence necessary to complete the
LAST NAME, SUFFIX, FIRST NAME, MIDDLE INITIAL
processing of the return.
If the beneficiary of the estate or trust is an individual, enter
To comply with foreign address standards, use the following
the last name; suffix such as Jr., Sr., etc; first name and
rules when completing the address portion of the PA-41
middle initial of the individual beneficiary who is receiving
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
numbers, city name and city or provincial codes.
NAME OF OWNER RECEIVING NRK-1
• Write only the name of the country in the space provided
(IF OTHER THAN AN INDIVIDUAL)
for the city or post office.
If the beneficiary of the estate or trust is an estate, trust
• Write OC in the entry space for state to indicate out-of-
partnership, PA S corporation, entity formed as a limited
country.
liability company classified as a partnership or PA S
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
contact the estate or trust if additional information is required.
FIRST LINE OF ADDRESS
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
Foreign Address Example.
apartment number, suite or RR number, enter it after the
DIETRIC-FISCHER INGE TRUST
street address.
PATRIK FISCHER TTEE
The U.S. Postal Service preference is to put the actual
WEIMARER STR 7 5300 BONN 1
delivery address on the line immediately above the city, state
GERMANY OC
and ZIP Code.
CANADA ONLY FOREIGN ADDRESS INSTRUCTIONS
NOTE: If the street address along with the apartment
The same rules apply as for other foreign address
number, suite or RR number does not fit on the first
instructions. However, when the Canada address contains
line of address, then enter the street address on the second
a postal zone and two-character abbreviation for provinces
line of address and the apartment number, suite or RR
and territories, there are special spacing rules for the
number on the first line of address.
address line for the PA-41 Schedule RK-1. On mail to
SECOND LINE OF ADDRESS
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
SAUNDERS HELEN ESTATE OF
address blank. Eliminate all punctuation such as
JANET SAUNDERS EXECUTRIX
apostrophes, commas, periods and hyphens.
9 BOW ST OTTAWA ON K1A 0B1 CANADA OC
For a foreign address, enter the city or municipal
If the estate or trust’s address does not fit in the available
designation. See the Foreign Address Example.
spaces on the PA-41 Schedule NRK-1 using the above
formats, please include a separate statement with the return
For a Canadian address, enter the city and postal delivery
showing the complete address.
zone number. See the Canada Address Example.
2
PA-41 NRK-1
www.revenue.pa.gov
PREVIOUS PAGE
NEXT PAGE
IMPORTANT: If the address has only a post office box,
Enter month, day and year (MMDDYY) when the fiscal year
enter on the first line of address.
begins and ends.
CITY, STATE AND ZIP CODE
SHORT YEAR
Enter the appropriate information of the individual or entity
A short year is an accounting period shorter than one year
beneficiary receiving the PA-41 Schedule NRK-1 in each
(and not a 52-53 week taxable year).
box. Eliminate all punctuation such as apostrophes,
A short-year return is required for the following reasons:
commas, periods and hyphens.
• Changes in the annual accounting period. For example,
NAME OF ENTITY ISSUING NRK-1
the entity changes from a fiscal to a calendar filer;
Enter the name of the estate or trust issuing the PA-41
• An entity is in existence during only part of the tax year.
Schedule NRK-1.
For example, the estate or trust tax year is the initial year.
CITY, STATE AND ZIP CODE
See “How to File a Short-Year Return” in the PA-41,
Enter the appropriate information in each box of the
Fiduciary Income Tax Return instructions.
estate or trust issuing the PA-41 Schedule NRK-1.
Eliminate all punctuation such as apostrophes, commas,
LINE INSTRUCTIONS
periods and hyphens.
FEIN
SECTION II
Enter the nine-digit federal employer identification
number (FEIN) of the estate or trust issuing the PA-41
LINES 1 THROUGH 3
Schedule NRK-1.
SHAREHOLDER/PARTNER/
REVENUE ID
BENEFICIARY DISTRIBUTIVE SHARE
This field is not applicable for estates and trusts.
OF PENNSYLVANIA-SOURCE INCOME (LOSS)
AMENDED SCHEDULE
Do not enter any amounts on Lines 1 through 3.
If the estate or trust is filing an amended PA-41, Fiduciary
Do not report the income of beneficiaries of estates
Tax Return, and the amount of income distributed to a
and trusts on any lines of PA-41 Schedule NRK-1
nonresident beneficiary changes, fill in the amended
except Line 4.
schedule oval.
Do not enter any amounts on Lines 1 through 3, Line
FINAL
5 and Lines 7 through 18.
If this is the final year of distributions to the beneficiary from
the estate or trust, fill in the final oval.
LINE 4
BENEFICIARY’S YEAR-END DISTRIBUTION
If the beneficiary is an individual or estate or trust, enter the
Enter the beneficiary’s percentage of year-end distributions
beneficiary’s share of income from Section 2 of PA-41
from the estate or trust for the ratio of the beneficiary’s
Schedule N for the beneficiary named on this PA-41
taxable distribution as reported on PA-41 Schedule NRK-1,
Schedule NRK-1. If the beneficiary is an entity other than an
Line 4 to the total distribution as reported on PA-41,
estate or trust, use the following formula to determine the
Fiduciary Income Tax Return, Line 8.
amount
of
Pennsylvania-source
income
for
each
Valid values for input on this line include the values of
nonresident beneficiary:
“00000” to “10000”. The decimal point is implied after the
A x B = Pennsylvania-Source Income of Nonresident
third character from the left. For example:
Beneficiary Reported on Schedule NRK-1 Line 4.
• To indicate 100%, enter the value as “10000”;
Where:
• To indicate 33.33%, enter the value as “03333”; or
A = Total distributed or distributable Pennsylvania-source
• To indicate 25%, enter the value as “02500”.
income from Section 1, Line 8 of PA-41 Schedule N.
OWNER
If Schedule N is not required, the lesser of Line 3b or
Line 14b of PA-41 Schedule DD.
Fill in the oval that designates what type of beneficiary
received the PA-41 NRK-1. Fill in one oval only.
B = Beneficiary’s year-end distribution percentage. The
beneficiary’s year-end distribution percentage is
ENTITY
obtained by taking the actual cash or property
Fill in the estate or trust oval only.
distributions made to the beneficiary and any amounts
FISCAL YEAR
credited or payable or required to be currently
If the estate or trust does not file on a calendar-year basis,
distributed to the beneficiary and dividing that sum by
fill in the oval.
the amount on Line 13a of PA-41 Schedule DD.
www.revenue.pa.gov
PA-41 NRK-1
3
PREVIOUS PAGE
RETURN TO FORM
Page of 6