Pa 501 PDF Details

Understanding the importance of accurate tax reporting and payment is crucial for businesses, and the Pennsylvania (PA) 501 form is a key component in ensuring compliance with state tax regulations. This form serves as an employer deposit statement of income tax withheld, designed to facilitate the process of declaring and remitting withheld taxes from employees' wages. Employers must accurately fill out details such as the reporting quarter, calendar year, employer and entity identification numbers, as well as specific dates related to wage payments and tax withholding amounts. Moreover, it's essential for businesses to provide their legal and trade names along with their mailing address to ensure proper correspondence. The form requires detailed information on gross compensation subject to PA withholding tax, the total withholding tax amount, any credits from previous periods, and interest due for late payments. Additionally, the PA-501 or its variant form, PA-501R, is accompanied by the requisite PA-W3 or PA-W3R reconciliation return for each quarter, underscoring the level of detailed reporting required. Mailing instructions and contact information for the Pennsylvania Department of Revenue are also provided, offering support for employers navigating the completion and submission process of the form. This system underscores Pennsylvania's commitment to maintaining an orderly and transparent tax collection process, facilitating compliance while allowing for accountability and support where needed.

QuestionAnswer
Form NamePa 501
Form Length3 pages
Fillable?No
Fillable fields0
Avg. time to fill out45 sec
Other namespa 501 w3, pennsylvania dor deposit, pa dor deposit, pa deposit department

Form Preview Example

IN STRUCTIO N S FO R THE CO M PLETIO N O F FO RM PA - 5 0 1 R EM PLO YER DEPO SIT STATEM EN T O F IN CO M E TAX W ITHHELD

Enter the quarter (1st quarter YY01, 2nd quarter YY02, 3rd quarter YY03, and 4th quarter YY04), calendar year, the Employer Account ID (if none assigned, leave blank), Entity ID – Federal EIN (if none assigned, leave blank), quarter ending date (1st quarter 0331YYYY, 2nd quarter 0630YYYY, 3rd quarter 0930YYYY and 4th quar- ter 1231YYYY), date wages were first paid and payment frequency.

Enter the legal name, trade name and business mailing address as it should appear on future correspondence.

CO M PLETE LIN ES 1 THRO UGH 4

Line 1. Enter the total amount of compensation subject to PA Withholding Tax for the deposit period.

Line 2. Enter the total amount of PA Withholding Tax required to be withheld (or actually withheld, if greater) for the deposit period. (Enter tax withheld, not deposits)

Line 3. Enter the amount of credit from a previous period which is being applied to the amount withheld for the deposit period.

Line 4. Enter interest due for this payment if remitting after the due date.

Payment. Enter the amount of the payment being remitted for this deposit period.

Sign the document and enter the date, daytime telephone number and title.

Mail the deposit statement and payment to: PA Department of Revenue, Dept. 280401, Harrisburg, PA 17128-0401.

Questions regarding the completion of this form can be directed to the Employer Tax Division at (717) 783-1488.

In addition to the PA-501 or PA-501R deposit statement, all employers must file a PA- W3 Reconciliation Return for each quarter. If the taxpayer does not have a preprint- ed coupon, a PA-W3R return must be filed.

PA–501R (1-99)

 

 

QUARTER

 

 

 

YEAR

PA DEPARTMENT OF REVENUE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Y Y Q Q

 

 

 

 

 

Y Y Y Y

 

 

 

EMPLOYER ACCOUNT ID

 

 

ENTITY ID (EIN)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BUSINESS NAME AND ADDRESS

LEGAL NAME

TRADE NAME

BUSINESS MAILING ADDRESS

CITY, STATE, ZIP

DATE WAGES FIRST PAID

DEPARTMENT USE ONLY

EM PLO YER DEPO SIT STATEM EN T O F W ITHHO LDIN G TAX

Use Only When Employers Do Not Have Preprinted Coupons.

ALL EMPLOYERS MUST FILE A PA-W3 OR PA-W3R RETURN FOR EACH QUARTER

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PAYMENT FREQUENCY

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EXPECTED QUARTERLY WITHHOLDING WILL BE:

 

 

 

QUARTER ENDING DATE

QUARTERLY

 

 

 

LESS THAN $300

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MONTHLY

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MORE THAN $300 BUT LESS THAN $1,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SEMI-MONTHLY

 

M M D D Y Y Y Y

 

$1,000 OR GREATER

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

GROSS COMPENSATION

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2

PA WITHHOLDING TAX

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3

LESS CREDITS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4

PLUS INTEREST

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PAYMENT $

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

00021

DATE

DAYTIME TELEPHONE #

()

TITLE

SIGNATURE

PA DEPARTMENT OF REVENUE DEPT 280401 HARRISBURG PA 17128-0401

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