Get Ca Ftb 592-f 2023

A pass-through entity should use Form 592 if: It is reporting withholding from payments made to domestic nonresident independent contractors or domestic nonresident recipients of rents, endorsement income, or royalties.

Tax withheld on California source income is reported to the Franchise Tax Board (FTB) using Form 592. Form 592 includes a Schedule of Payees section, on Side 2, that requires the withholding agent to identify the payees, the income amounts, and the withholding amounts.

FRANCHISE TAX BOARD PO BOX 942867 SACRAMENTO CA 94267-0651 If you are submitting Form 592-F with a payment, you must enclose, Form 592-F, the Supplemental Payment Voucher from Form 592-A, and your payment, but do not staple. Mail these items to the address above.

Use Form 592‑Q to remit withholding payments reported on Form 592-PTE. Compute the amount of resident and nonresident withholding tax to be withheld by applying a rate of 7% or a reduced amount as authorized in writing by the FTB.

Purpose. Use Form 592-F to report the total withholding for the year on foreign partners or members under California Revenue and Taxation Code Section 18666. Form 592-F is also used by pass‑through entities to pass through withholding credit to their foreign partners or members.

A lower tier PTE is an entity with California source income that has a PTE owner. If it withheld tax on behalf of its nonresident owners, it is required to file Form 592-PTE to allocate withholding to each nonresident owner, in ance with each nonresident owner's interest in the entity.

California Revenue and Taxation Code (R&TC) Sections 18662 and 18664 require the withholding agent to provide a completed Form 592-B, Resident and Nonresident Withholding Tax Statement, to the payee to report the amount of payment or distribution subject to withholding and tax.