2023 Net Profit Tax 07-10-2023
NPT Page 1
Preparer Signature_________________________________________ Date_______________________Phone #_________________________
Taxpayer Signature________________________________________ Date_______________________Phone #_________________________
Under penalties of perjury, as set forth in 18 PA C.S. ยงยง 4902-4903 as amended, I swear that I have reviewed this return
and accompanying statements and schedules, and to the best of my knowledge and belief, they are true and complete.
Applied, up to the tax due, to the 2023 Business Income & Receipts Tax
Return.....................................................21b.
21c. Applied to the 2024 Net Profits Tax............................................................................................................................
2023 City of Philadelphia NET PROFITS TAX
CORPORATIONS ARE NOT SUBJECT TO THIS TAX. PROOF OF PRO RATA SHARE MUST BE ATTACHED (if applicable)
IF YOU ARE NOT ELIGIBLE FOR PA 40 SCHEDULE SP, YOU ARE NOT ELIGIBLE FOR
INCOME-BASED TAXATION AND ARE NOT ELIGIBLE FOR LINES 3-4 OR LINES 8-9.
PHTIN
EIN
SSN
2023 NPT
DUE DATE: APRIL 15, 2024
Individual/ Sole
Proprietor
Partnership Estate Trust
Entity Classification:
(select one)
Business Name
Final Return:
(add Cease Date)
mended Return
Check Box If Applies:
ddress Change
--
Street Address Apt / Suite City State Zip / Postal Code
First Name Taxpayer E-mail AddressLast NameMI
17.
18.
19.
20.
21a.
21b.
21c.
%
Enter Percentage from Page 3,
Worksheet D, Line 3, if applicable.
๏ข
Place "X" in box to indicate a loss
16.
Interest and Penalty. Refer to web site for current percentage.................................................................................
17.
TOTAL DUE
including Interest and Penalty (Line 15 plus Line 16).
Use payment coupon. Make check payable to: "City of Philadelphia".............................................................
Tax Overpaid. If Line 14c is greater than Line 13, enter difference here..................................................................18.
19.
Enter 50% of Page 2, Worksheet C, Line 3. Do not use this line to remit estimated payments..........................
Balance Available: Line 18 minus Line 19. If greater than 0 proceed to Overpayment Options....................
20.
Pro Rata Resident taxable income/loss NOT eligible for Income Based Rate from Page 2, Worksheet A, Line 5...
1.
1.
Line 1 X .037500. If Line 1 is a loss, enter "0"........................................................................................................
2.
2.
Pro Rata Resident taxable income/loss eligible for Income Based Rate from Page 2, Worksheet A, Line 6...........
3.
3.
4.
Line 3 X .01500. If Line 3 is a loss, enter "0"...........................................................................................................
4.
5.
Total Resident Tax Due (Line 2 plus Line 4)..............................................................................................................5.
6.
6.
Pro Rata Non-Resident taxable income/loss NOT eligible for Income Based Rate from Page 2,
Worksheet B, Line 7....................................................................................................................................................
7.
Line 6 X .034400. If Line 6 is a loss, enter "0".......................................................................................................
8.
Pro Rata Non-Resident taxable income/loss eligible for Income Based Rate from Page 2, Worksheet B, Line 8..
9.
Line 8 X .01500. If Line 8 is a loss, enter "0".........................................................................................................
10. Total Non-Resident Tax Due (Line 7 plus Line 9).....................................................................................................
Total Tax Due (Line 5 plus Line 10)...........................................................................................................................11.
12. 60% BIRT credit from Page 3, Worksheet K, Line 4 or Worksheet D, Line 8............................................................
13.
Tax Due after 60% credit (Line 11 minus Line 12).....................................................................................................
14a.
KOZ Credits ...............................................................................................................................................................
14b.
Estimated payments and other credits from Page 3, Worksheet E, Line 4...............................................................
7.
8.
9.
10.
11.
12.
13.
14b.
14a.
14c.
14c.
Total payments and credits (Line 14a plus Line 14b)................................................................................................
15.
16.
Net Tax Due: (Line 13 minus Line 14c). If less than 0 enter the difference on Line 18...........................................
15.
21a.
OVERPAYMENT OPTIONS
Only available if Line 20 is greater than 0. Enter the amount to be:
Refunded. Do not file a separate Refund Petition.................................................................................................