We provide here a written summary of answers provided by the Department of Revenue to the committee at periodic question and answer sessions. These documents are classified as Revenue information issued for informational purposes only for the convenience of PICPA members. Pursuant to 61 Pa. Code Section 3.4, these documents should not be relied upon for any purpose or used in tax appeals. Taxpayers requiring a binding opinion on a specific fact situation may request a written letter ruling under 61 Pa. Code Section 3.3.

Q&A with the Pennsylvania Department of Revenue

Will the Department of Revenue modify its PA-40 form to provide on Schedule C separate lines for revenues from 1099-K credit cards to tie into that report?

Nov 15, 2019
Q:

The Department of Revenue needs to modify its PA-40 to provide on Schedule C separate lines for revenues from 1099-K credit cards to tie into that report. Then other Revenues from checks or cash would be reported on the primary revenue line. There should only be an issue if the 1099-K amounts exceed the total revenues until the Department revises their form. Can this form be modified?

A:

The Department of Revenue will consider the changes as long as there is sufficient merit for the changes. What are the reasons for the changes and can a marked-up Schedule C be provided for the Department to evaluate the changes being requested?
 

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Disclaimer

These documents provide a summary of the answers provided by the Department of Revenue to the PICPA Committee on State Taxation at its annual question and answer session. These documents are classified as revenue information issued for informational purposes only for the convenience of PICPA members. Pursuant to 61 Pa. Code Section 3.4, these documents should not be relied upon for any purpose or used in tax appeals. Taxpayers requiring a binding opinion on their specific fact situation may request a written letter ruling under 61 Pa. Code Section 3.3.