In order to generate Form 592-B in ProConnect, follow the steps below for the return-type respective to your client's filing needs.
To generate Form 592-B in the Partnership module:
- From Schedule K-1, go to Schedule K-1 Miscellaneous.
- Select the appropriate Partner from the left navigation panel.
- Scroll down to the California Nonresident Withholding Tax Statement (Form 592-B) section.
- Enter Income Subject to Withholding for each applicable quarter.
- Enter Amounts Withheld for each applicable quarter.
Note: If Form 592-B is not generating after completing the above steps:
- Go to California Schedule K.
- Remove any entry in Total Withholding [O], under the Credits section.
To generate Form 592-B in the S Corporation module:
- Go to California Schedule K-1.
- Select the appropriate Shareholder from the left navigation panel.
- Scroll down to the Nonresident Withholding Tax Statement (Form 592-B) section.
- Enter the appropriate Income for each quarter.
- Enter the appropriate Withholding for each quarter.
Note: If Form 592-B is not generating:
- Go to California Nonresident W/H - Form 592.
- 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.
