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Use the state tabs in the Shareholder Information window to enter state-specific information for shareholders. State tabs appear only if you have added states to the return.
To update a shareholder's state-specific information, click that shareholder in the Shareholder Information window, and then click the appropriate state tab.
Fields & buttons
Pennsylvania information group box
If the shareholder is a nonresident, enter a code from the following table or select the code from the drop-down list to indicate the type of nonresident filing to be made by the shareholder. If the shareholder is a nonresident, UltraTax CS defaults to calculating withholding on Form PA-20S/PA-65 for the shareholder.
| Code |
Description |
| 1 |
Withholding (default)
This is the default filing for nonresident shareholder when a code is not selected from the drop-down list. Select this option to indicate the shareholder is subject to withholding on Form PA-20S/PA-65. |
| 2 |
Composite
Select this option to indicate the corporation is filing a composite return on behalf of the non-resident shareholder. UltraTax CS completes Form PA-40 NRC for these shareholders. |
| 3 |
Exempt from withholding
Select this option to indicate the shareholder exempt from withholding. |
Mark this checkbox if the shareholder is an individual single member LLC. UltraTax CS transfers this information to Schedules RK-1 and NRK-1.
UltraTax CS provides this statement dialog for supplemental information specific to each shareholder. Use this statement dialog for items that are not pro-rata. If you have pro-rata items that need to be reported to each shareholder, use Section A in Screen PAKSep. UltraTax CS prints the information you enter in this statement dialog in the RK-1 and NRK-1 statements.
The shareholder's resident state is displayed in this field.
UltraTax CS uses this field to determine residency status when completing Schedules RK-1 and NRK-1 and when allocating Schedules RK-1 and NRK-1 items among resident and nonresident shareholders.
For residents, UltraTax CS calculates Schedule RK-1 without apportionment. For nonresidents, UltraTax CS calculates Schedule NRK-1 with apportioned Pennsylvania amounts. For part-year residents, UltraTax CS calculates Schedule RK-1 with nonapportioned resident part-year amounts and Schedule NRK-1 with apportioned nonresident part-year amounts.
UltraTax CS uses this field to determine residency status when completing Schedules RK-1 and NRK-1 and when allocating Schedules RK-1 and NRK-1 items among resident and nonresident shareholders.
For residents, UltraTax CS calculates Schedule RK-1 without apportionment. For nonresidents, UltraTax CS calculates Schedule NRK-1 with apportioned Pennsylvania amounts. For part-year residents, UltraTax CS calculates Schedule RK-1 with nonapportioned resident part-year amounts and Schedule NRK-1 with apportioned nonresident part-year amounts.
Enter the dates the shareholder was a nonresident.
Enter the Pennsylvania revenue ID in this field. UltraTax CS transfers this information to Partner / Member / Shareholder Directory.
Enter the spouse's Social Security number, if applicable. UltraTax CS transfers this information to PA Schedule RK-1 or NRK-1.
Withholding information group box
Enter the individual shareholder's estimated tax withholding for nonresident shareholders.
Note: The amount you enter in this field takes precedence over calculated amounts.
Schedule RK-1 / NRK-1 amounts group box
Click this button to enter Pennsylvania-specific information for Schedules RK-1 and NRK-1.
UltraTax CS
