The Pennsylvania REV-1505 -- Schedule C-1 — Closely-Held Corporate Stock Information Report is an informational report for corporations that are owned by a few individuals. This report provides tax information regarding the ownership of the shares of a closely-held corporation, which is defined as a corporation in which more than 50% of the voting shares are held by five or fewer individuals. The report is divided into two parts: Part 1 covers the company's stockholders and Part 2 covers the type of stock held by the company's stockholders. Part 1 requires the corporation to provide a list of the stockholders, their address, and the total number of shares of stock held by each stockholder. Part 2 requires the corporation to provide a list of the stockholders, the type of stock held by each stockholder, the number of shares of each type of stock held, and the total number of shares of stock held by each stockholder. There are two types of Pennsylvania REV-1505 -- Schedule C-1 — Closely-Held Corporate Stock Information Reports: the Standard version and the Short Form version. The Standard version requires more detail than the Short-Form version.