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Generating Form 592-B nonresidential withholding tax statement in ProConnect Tax

Intuit

Generating Form 592-B nonresidential withholding tax statement in ProConnect Tax

In order to generate Form 592-B in ProConnect Tax, follow the steps below for the return-type respective to your client's filing needs.

  1. Go to Partner Miscellaneous Info.
  2. Select the appropriate Partner from the left navigation panel.
  3. Scroll down to the California Nonresident Withholding Tax Statement (Form 592-B) section.
  4. Enter Income Subject to Withholding for each applicable quarter.
  5. Enter Amounts Withheld for each applicable quarter.

Note: If Form 592-B is not generating after completing the above steps:

  1. Go to California Schedule K.
  2. Remove any entry in Total Withholding [O], under the Credits section.
  1. Go to California Schedule K-1.
  2. Select the appropriate Shareholder from the left navigation panel.
  3. Scroll down to the Nonresident Withholding Tax Statement (Form 592-B) section.
  4. Enter the appropriate Income for each quarter.
  5. Enter the appropriate Withholding for each quarter.

Note: If Form 592-B is not generating:

  1. Go to California Nonresident W/H - Form 592.
  2. Remove the entry in Suppress: 1 = Form 592, 2 = Form 592-B, 3 = both.

When filing Form 592, the withholding agent is no longer required to submit a Form 592-B to the FTB for each payee. Withholding agents must provide the recipients with paper Forms 592-B showing the total amount withheld for the year for their individual returns.

Form 592 Qtrly (Quarterly Nonresident Withholding Statement) is used to remit withholding payments during the year.

Form 592-A (Foreign Partner or Member Quarterly Withholding Remittance Statement) for foreign partner payments.

Distribution of Form 592-B:

  • Copy A - Retained by withholding agent.
  • Copy B - Provide to the recipient to file with their state return.

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