California Form 592 F – Fill Out and Use This PDF

The California Form 592-F, known as the Foreign Partner or Member Annual Return, is a crucial document for partnerships and limited liability companies (LLCs) to report and allocate income and related withholdings to their foreign partners or members for the taxable year. This form allows entities to comply with California Revenue and Taxation Code Section 18666 by detailing the total tax withheld over the year and providing an organized method to allocate these withholdings appropriately. For those needing to file Form 592-F, a button below offers a streamlined way to fulfill this obligation efficiently.

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California Form 592 F PDF Details

The California Form 592-F, titled "Foreign Partner or Member Annual Return," holds a critical position within the state's tax reporting and withholding framework for partnerships and limited liability companies (LLCs) that have foreign partners or members. This document, necessary for the taxable year 2011, instructs on reporting total withholding for the year and allocating income and related withholding to foreign entities. Through a detailed layout that encompasses several key sections including withholding agent information, tax withheld summary, and a perjury statement, the form is designed to ensure compliance with the California Revenue and Taxation Code Section 18666. The form also dispenses specific instructions for completing it, such as reporting requirements, amending processes, electronic filing mandates, and implications of late payments or failure to withhold. An important aspect of this form is its capacity to be used by pass-through entities to flow-through withholding credit to their foreign partners or members, thereby highlighting its significance in the taxation structure for foreign investors in California partnerships and LLCs. Additionally, the instructions delineate when and where to file, outline the penalties for non-compliance including interest on late payments, and specify electronic filing requirements for entities with a large number of payees. This form encapsulates the essential procedural and compliance elements that withholding agents must navigate to ensure accurate tax reporting and withholding for foreign partners or members operating within California.

Question	Answer
Form Name	California Form 592 F
Form Length	4 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	1 min
Other names	11_592f 592 form 2011

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TAXABLE YEAR	CALIFORNIA FORM
2011 Foreign Partner or Member Annual Return	592-F

I฀฀ Amended I฀฀ Federal Extension

Taxable year: Beginning month __________________ day ________ year ________, and ending month __________________ day ________ year ________.

Part I Withholding Agent

Business name

฀SSN or ITIN ฀FEIN ฀CA Corp no. SOS file no.

First name

Initial Last name

Address (suite, room, PO Box, or PMB no.)

City (if you have a foreign address, see instructions)

State ZIP Code

Total Number of Foreign Partners or Members Included

Part II Tax Withheld

Total tax withheld from Schedule of Payees, excluding backup withholding	I฀
(Side 2 and any additional pages)

2 Total backup withholding (Side 2 and any additional pages) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I฀ ฀2

3 Add line and line 2. This is the total amount of tax withheld. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I฀ ฀3

4 Amount withheld by another entity and being allocated to partners or members . . . . . . . . . . . . . . . . . . . . I฀ ฀4

5 Prior payments of foreign partners’ or members’ withholding for taxable year shown above . . . . . . . . . . . I฀ ฀5

6 Amount credited from prior year’s withholding . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I฀ ฀6

7 Total payments. Add line 4, line 5, and line 6.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .I฀ ฀7

8 Balance due. If line 3 is more than line 7, subtract line 7 from line 3. Remit the withholding payment using Electronic Funds Transfer (EFT), or the Supplemental Payment Voucher from Form 592-A, along with Form 592-F. Make a check or money order for the full amount payable to the “Franchise Tax Board.”

Write the tax ID number and “2011 Form 592-A” on the check or money order and mail to: . . . . . . . . . . . I฀ 8

WITHHOLDING SERVICES AND COMPLIANCE

FRANCHISE TAX BOARD

PO BOX 942867

SACRAMENTO CA 94267-065


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9	Overpayment. If line 7 is greater than line 3, subtract line 3 from line 7 (complete lines 10 and 11)	I฀ 9	,		,		.	00
9		I฀ 9	,		,		.
0	Credit to next year. Enter the amount from line 9 that you want applied to the 2012 Form 592-F	I฀0					.	00
			,		,
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	Refund. Subtract line 10 from line 9	I		,		,	.		00

Part III Perjury Statement

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than withholding agent) is based on all information of which preparer has any knowledge.

( )

Withholding agent’s name ______________________________________________ Withholding agent’s daytime phone number ______________________

Withholding agent’s signature ______________________________________________________________ Date ____________________________________

Preparer’s name __________________________________________________________________________________________________________________

Preparer’s signature ______________________________________________________________________ Date ____________________________________

Preparer’s address ________________________________________________________________________________________________________________

( )

Preparer’s PTIN/SSN __________________________________________________ Preparer’s daytime phone number _____________________________

For Privacy Notice, get form FTB 1131.

8081113

Form 592-F C3 2010 Side

Withholding Agent’s (Payer’s) Name: _______________________ Withholding Agent’s (Payer’s) ID No.: _________________

Schedule of Payees

PRINT CLEARLY

Business name

SSN or ITIN

FEIN CA Corp no.

SOS ﬁle no.

First name

Initial

Last name

฀

If backup withholding, check

the box (see instructions)

Address (suite, room, PO Box, or PMB no.)

City (if you have a foreign address, see instructions)

State

ZIP Code

Total Income

Amount of Tax Withheld

Business name

SSN or ITIN

FEIN CA Corp no.

SOS ﬁle no.

First name

Initial

Last name

฀

If backup withholding, check

the box (see instructions)

Address (suite, room, PO Box, or PMB no.)

City (if you have a foreign address, see instructions)

State

ZIP Code

Total Income

Amount of Tax Withheld

Business name

SSN or ITIN

FEIN CA Corp no.

SOS ﬁle no.

First name

Initial

Last name

฀

If backup withholding, check

the box (see instructions)

Address (suite, room, PO Box, or PMB no.)

City (if you have a foreign address, see instructions)

State

ZIP Code

Total Income

Amount of Tax Withheld

Business name

SSN or ITIN

FEIN CA Corp no.

SOS ﬁle no.

First name

Initial

Last name

฀

If backup withholding, check

the box (see instructions)

Address (suite, room, PO Box, or PMB no.)

City (if you have a foreign address, see instructions)

State

ZIP Code

Total Income

Amount of Tax Withheld

Total Income and Withholding for This Page Only

Notice to Withholding Agents: We require the total amounts below to be calculated and submitted separately for each page.

Total Income Page				Total California Tax Withheld Excluding					Total Backup Withholding
					Backup Withholding
,	,	.	00		,	,	.	00	,	,	.	00
		.					.				.

Side 2 Form 592-F C3 2010

8082113

Instructions for Form 592-F

Foreign Partner or Member Annual Return

What’s New

For taxable years beginning on or after January 1, 2011, the maximum personal income tax rate is 9.3%. In addition, non-California partnerships are subject to withholding requirements on a sale of California real property at a rate of 3 1/3% (.0333) of sales price or 9.3% of gain. The alternative withholding rate for the gain on sale of California real property by S corporations is 10.8% and 12.8% for ﬁnancial S corporations.

General Information

At the end of the taxable year, partnerships and limited liability companies (LLCs) complete Form 592-F, Foreign Partner or Member Annual Return, to report the total withholding for the year and to allocate the income and related withholding to the foreign partners or members. When ﬁling Form 592-F with the Franchise Tax Board (FTB), the withholding agent is no longer required to submit to the FTB Form 592-B, Resident and Nonresident Withholding Tax Statement, for each partner or member. However, withholding agents must continue to provide the partners or members with copies of Form 592-B.

•For California withholding purposes, nonresident includes all of the following:

•Individuals who are not residents of California.

•Corporations not qualiﬁed through the California Secretary of State to do business in California or having no permanent place of business in California.

•Partnerships or LLCs with no permanent place of business in California.

•Any trust without a resident grantor, beneﬁciary, or trustee, or estates where the decedent was not a California resident.

•Foreign refers to non-U.S.

Withholding on foreign partners or members is remitted to the FTB using Form 592-A, Payment Voucher for Foreign Partner or Member Withholding. For more information on the withholding requirements or to send withholding payments during the year, get Form 592-A.

Round Cents To Dollars – Round cents to the nearest whole dollar. For example, round

$50.50 up to $51 or round $25.49 down to $25.

Backup Withholding – Beginning on or after January 1, 2010, with certain limited exceptions, payers that are required to withhold and remit backup withholding to the Internal Revenue Service (IRS) are also required to withhold and remit to the FTB. The California backup withholding rate is 7% of the payment. For California purposes, dividends, interests, and any ﬁnancial institutions release of loan funds made in the normal course of business are exempt from backup withholding. For more information, go to ftb.ca.gov and search for backup withholding.

Submitting Payments – Use the Supplemental Payment Voucher from Form 592-A if you have a ﬁnal withholding payment to remit with Form 592-F.

A Purpose

Use Form 592-F to report the total withholding for the year on foreign partners or members under California Revenue and Taxation Code (R&TC) Section 18666. Form 592-F is used by pass-through entities to ﬂow-through withholding credit to their foreign partners or members. Caution: Real Estate Withholding should not be reported on this form.

Do not use Form 592-F if:

•You are reporting withholding on domestic nonresident partners or members. Use Form 592, Resident and Nonresident Withholding Statement.

•You are the buyer or escrow person withholding on the sale of real estate. Use Form 593, Real Estate Withholding Tax Statement, to report real estate withholding.

B When and Where to File

For withholding on foreign partners or members, ﬁle Form 592-F, on or before the 15th day of the 4th month following the close of the partnership’s or LLC’s taxable year.

If all the partners or members are foreign, Form 592-F must be ﬁled on or before the 15th day of the 6th month after the close of the partnership’s or LLC’s taxable year. The withholding agent retains this form for a minimum of four years and must provide it to the FTB upon request.

Mail Form 592-F, the Supplemental Payment Voucher from Form 592-A, and payment to:

WITHHOLDING SERVICES AND COMPLIANCE

FRANCHISE TAX BOARD PO BOX 942867 SACRAMENTO CA 94267-0651

0-Day Notiication – California follows federal law, which requires that withholding agents notify foreign payees within 10 days of any tax withheld. For California withholding purposes, withholding agents should make a similar notiﬁcation to nonresident payees. No particular form is required for this notiﬁcation, and it is commonly done on the statement accompanying the distribution or payment. However, the withholding agent may choose to report the tax withheld to the payee on a Form 592-B.

C Amending Form 592-F

Amended forms can only be ﬁled by the withholding agent. To amend Form 592-F:

•Complete a new Form 592-F with the correct information.

•Check the “Amended” box at the top of the revised form.

•Include a letter explaining what changes were made and why.

•Send the amended Form 592-F and letter to the address on the form.

D Federal Extension

Check the “Federal Extension” box at the top of the form if you ﬁled for an extension to ﬁle federal Form 8804, Annual Return for Partnership Withholding Tax.

Caution: An extension to ﬁle is not an extension to pay. The ﬁnal withholding payment is due on or before the original due date for Form 592-F regardless of an extension to ﬁle.

EElectronic Filing Requirements

Form 592-F information must be ﬁled with the FTB electronically, using FTB’s Secure Web Internet File Transfer (SWIFT), instead of paper when the number of payees on Form 592-F is 250 or more. However, withholding agents must continue to provide payees with paper copies of Form 592-B. To submit your Form 592-F for electronic ﬁling, submit your ﬁle using the SWIFT process as outlined in FTB Pub. 923, SWIFT Guide for Resident, Nonresident, and Real Estate Withholding.

For the required ﬁle format and record layout for electronic ﬁling, get FTB Pub. 1023S, Resident and Nonresident Withholding Electronic Submission Requirements. If you are the preparer for more than one withholding agent, provide a separate electronic ﬁle for each withholding agent.

For electronic ﬁling submit your payment using EFT or Form 592-A.

F Interest and Penalties

Interest on late payments is computed from the due date of the withholding to the date paid. Failure to withhold may result in the withholding agent being personally liable for the amount of tax that should have been withheld and for interest and penalties.

A penalty will be assessed for failure to ﬁle complete, correct, and timely information returns (Form 592-F schedule of payees) to the FTB. The penalty is calculated per payee:

•$15 if ﬁled 1 to 30 days after the due date.

•$30 if ﬁled 31 days to 6 months after the due date.

•$50 if ﬁled more than 6 months after the due date.

Speciﬁc Instructions

Taxable Year

•Enter the beginning and ending dates for the partnership’s or LLC’s taxable year.

•Make sure the year in the upper left corner of the form matches the ending date of the taxable year.

Form 592-F Instructions 2010 Page

Foreign Address – Enter the information in the following order: City, Province/Region, Postal Code, and Country. Follow the country’s practice for entering the postal code. Do not abbreviate the country’s name.

Private Mail Box (PMB) – Include the PMB in the address ﬁeld. Write “PMB” ﬁrst, then the box number. Example: 111 Main Street PMB 123.

If completing Form 592-F by hand, enter all the information requested using black or blue ink.

Part I Withholding Agent

Enter the business or individual withholding agent’s name, ID number, and address. If your entity is a partnership, LLC, estate,

or trust that was withheld upon by another entity because you are a foreign (non-U.S.) partner or member of that entity and you are ﬂowing through the withholding credit to your partners, members, or beneﬁciaries, enter your entity’s name, ID number, and address in the business name area.

If you are ﬁling Form 592-F only to ﬂow- through withholding credits to your partners, members, or beneﬁciaries, enter your information in Part I.

Do not enter the name or ID number of the entity which originally withheld payments from you.

Enter the total number of foreign partners or members included on all Schedule of Payees from Side 2 (including all additional Schedule of Payees you attached).

Part II Tax Withheld

Line – Enter the total withholding, excluding backup withholding, from the Schedule

of Payees listed on Side 2 (including any additional Schedule of Payees you attached).

Line 2 – Enter the total backup withholding from the Schedule of Payees listed on Side 2 (including any additional Schedule of Payees you attached).

Line 3 – Add line 1 and line 2. This is the total amount of tax withheld.

Line 4 – Enter the amount withheld by another entity and being allocated to your foreign partners or members. If any of the amount withheld by the other entity is to be used against the tax owed by your entity, do not include that amount in line 4. Attach a note to Form 592-F explaining how much of the credit will be used to offset your tax due.

Line 5 – Enter prior payments for the taxable year shown above from Forms 592-A.

Line 6 – Enter the amount of foreign partner or member credit carried over from the prior withholding year.

Line 8 – If line 3 is more than line 7, subtract line 7 from line 3. If the result is less than zero, enter -0-. Remit the withholding payment using Electronic Funds Transfer (EFT), or the Supplemental Payment Voucher

from Form 592-A, along with Form 592-F. Important: Include but do not attach a check or money order to the Supplemental Payment Voucher from Form 592-A for the full amount payable to the “Franchise Tax Board.” Using black or blue ink, write the tax ID number and “2011 Form 592-A” on the check or money order.

Line 9 – If line 7 is greater than line 3, subtract line 3 from line 7 (complete lines 10 and 11).

Line 0 – Enter the amount of your overpayment on line 9 that you want to credit to the 2012 Form 592-F.

Part III Perjury Statement

Complete the withholding agent’s and preparer’s information.

Schedule of Payees Instructions

Enter all the requested information for each payee you report as having received California source income to ensure each payee’s withholding payment is applied timely and properly.

You must use the Schedule of Payees on Side 2 of Form 592-F to report additional payees – If you withheld tax on multiple payees for the period, use and attach additional Schedule of Payees from Side 2 of Form 592-F, as necessary. Do not use your own version

of the Schedule of Payees to report additional payees. We can only accept and process additional payees reported on the Schedule of Payees from Side 2 of Form 592-F. Be sure to include the withholding agent’s or payer’s name and ID number at the top of each additional page.

Business or Individual Name, Tax ID Number, and Address – Enter the business or individual name, tax identiﬁcation number, and address for the partner or member. For foreign addresses, see Speciﬁc Instructions.

Backup Withholding – If the payee is subject to backup withholding, check this box. If you are a foreign ﬂow-through entity reporting backup withholding, attach the withholding statement that enables you to determine the speciﬁc payment to each recipient as required by the IRS.

Total Income – Enter the total income subject to withholding.

Amount of Tax Withheld – Enter the amount of tax withheld. Determine the California source taxable income allocable for the partner or member, then multiply by the applicable tax rate:

Income amount X Maximum tax rate for the partner or member.

Tax Rates

9.3% Non-corporate maximum tax rate

8.84% Corporate maximum tax rate

10.84% Bank and ﬁnancial institution maximum tax rate

Additional Information

For additional information or to speak to a representative regarding this form, call the Withholding Services and Compliance automated telephone service at: 888.792.4900 or 916.845.4900.

OR write to:

WITHHOLDING SERVICES AND COMPLIANCE

FRANCHISE TAX BOARD PO BOX 942867 SACRAMENTO CA 94267-0651

You can download, view, and print California tax forms and publications at ftb.ca.gov.

OR to get forms by mail write to:

TAX FORMS REQUEST UNIT FRANCHISE TAX BOARD PO BOX 307

RANCHO CORDOVA CA 95741-0307

For all other questions unrelated to withholding or to access the TTY/TDD number, see the information below.

Internet and Telephone Assistance

Website:	ftb.ca.gov
Telephone:	800.852.5711 from within the
	United States
	916.845.6500 from outside the
	United States
TTY/TDD:	800.822.6268 for persons with
	hearing or speech impairments
Asistencia Por Internet y Teléfono
Sitio web:	ftb.ca.gov
Teléfono:	800.852.5711 dentro de los
	Estados unidos
	916.845.6500 fuera de los
	Estados Unidos
TTY/TDD:	800.822.6268 personas con
	discapacidades auditivas y del
	habla

Page 2 Form 592-F Instructions 2010

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How to fill in California Form 592 F step 1

2. Just after the previous section is completed, proceed to type in the relevant details in these: Side and any additional pages , Balance due If line is more than, using Electronic Funds Transfer, Write the tax ID number and Form, WITHHOLDING SERVICES AND COMPLIANCE, FRANCHISE TAX BOARD PO BOX , Overpayment If line is greater, Part III Perjury Statement Under, Withholding agents name , Withholding agents signature Date , Preparers name , and Preparers signature Date .

California Form 592 F conclusion process outlined (part 2)

Those who work with this document often make errors while filling in WITHHOLDING SERVICES AND COMPLIANCE in this section. Ensure that you read again whatever you enter here.

3. Throughout this part, check out Preparers signature Date , Preparers address , Preparers PTINSSN Preparers, For Privacy Notice get form FTB , and Form F C Side . Every one of these will have to be completed with greatest precision.

Filling in segment 3 of California Form 592 F

4. To move forward, this next form section will require filling in several fields. Examples of these are Withholding Agents Payers Name , Schedule of Payees, Business name, First name, Initial Last name, Address suite room PO Box or PMB no, SSN or ITIN FEIN CA Corp no , PRINT CLEARLY, If backup withholding check the, City if you have a foreign address, State ZIP Code, Total Income, Amount of Tax Withheld, Business name, and First name, which are integral to carrying on with this particular PDF.

First name, State ZIP Code, and City if you have a foreign address in California Form 592 F

5. As a final point, this final section is what you have to finish prior to submitting the PDF. The blank fields here include the following: Business name, First name, Initial Last name, Address suite room PO Box or PMB no, SSN or ITIN FEIN CA Corp no , If backup withholding check the, City if you have a foreign address, State ZIP Code, Total Income, Amount of Tax Withheld, Business name, First name, Initial Last name, Address suite room PO Box or PMB no, and SSN or ITIN FEIN CA Corp no .

California Form 592 F conclusion process detailed (step 5)

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