Form_587_-_2024.pdf
PDF 152 KB Posted
- Solicitation number
- IFB 026-2830002-RA
- Issued by
- Orange County, San Francisco City, California
About this file
California Form 587 is a 2024 Nonresident Withholding Allocation Worksheet used for tax reporting purposes. The form is designed for nonresident payees to provide detailed information about payments received from a California withholding agent, including the allocation of income earned within and outside of California. The form requires the payee to specify their entity type (individual, corporation, partnership, LLC, or estate/trust), and categorize different types of payments such as goods, services, rents, royalties, and other income.
The worksheet includes specific sections for calculating withholding requirements, with a nonresident withholding threshold of $1,500.00 and a backup withholding threshold of $0.00. Payees must certify the accuracy of the information under penalties of perjury and are required to notify the withholding agent of any changes to the facts underlying the form. The form is primarily used to determine the appropriate tax withholding for nonresidents earning income in California, helping to ensure proper tax compliance and reporting for various types of payments and income sources.
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Text version
Form 587 2023
TAXABLE YEAR
Nonresident Withholding Allocation Worksheet
CALIFORNIA FORM
The payee completes this form and returns it to the withholding agent. The withholding agent keeps this form with their records.
Part I Withholding Agent Information Withholding agent’s name
Address (apt./ste., room, PO box, or PMB no.)
City (If you have a foreign address, see instructions.) State ZIP code
Part II Nonresident Payee Information Payee’s name □ □ □ □
SSN or ITIN FEIN CA Corp no. CA SOS file no.
Address (apt./ste., room, PO box, or PMB no.)
City (If you have a foreign address, see instructions.) State ZIP code
Nonresident payee’s entity type: (Check one)
Individual/sole proprietor Corporation Partnership Limited liability company (LLC) Estate or trust
Part III Payment Type
Nonresident payee: (Check one)
□ Performs services totally outside California (no withholding required, skip to
Certification of Nonresident Payee)
□ Provides only goods or materials (no withholding required, skip to
Certification of Nonresident Payee)
□ Provides goods and services in California (see Part IV, Income Allocation)
□ Provides services within and outside California (see Part IV, Income Allocation)
□ Other (Describe)___________________________________________
If the nonresident payee performs all the services within California, withholding is required on the entire payment for services unless the payee is granted a withholding waiver from the Franchise Tax Board (FTB). For more information, get FTB Pub. 1017, Resident and Nonresident Withholding Guidelines.
Part IV Income Allocation Gross payments expected from the withholding agent during the calendar year for:
(a) Within California (b) Outside California (c) Total payments 1 Goods and services:
Goods/materials (no withholding required) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ___________________________
Services (withholding required) 2 Rents or lease payments 3 Royalty payments 4 Prizes and other winnings 5 Other payments 6 Total payments subject to withholding.
Add column (a), line 1 through line 5
Nonresident withholding threshold amount: $1,500.00
Backup withholding threshold amount: $0.00
Certification of Nonresident Payee
Sign Here
Our privacy notice can be found in annual tax booklets or online. Go to ftb .ca .gov/privacy to learn about our privacy policy statement, or go to ftb .ca .gov/forms and search for 1131 to locate FTB 1131 EN-SP, Franchise Tax Board Privacy Notice on Collection. To request this notice by mail, call 800.338.0505 and enter form code 948 when instructed.
Under penalties of perjury, I declare that I have examined the information on this form, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. I further declare under penalties of perjury that if the facts upon which this form are based change, I will promptly notify the withholding agent.
Print or type payee’s name Telephone
Payee’s signature
X Date
Print or type representative’s name and title Telephone
Authorized representative’s signature
X Date
7041243
| Line 2: |
| Rents or lease payments, (c) Total payments: |
| Rents or lease payments, (b) Outside California: |
| Rents or lease payments, (a) Within California: |
| Line 3: |
| Royalty payments, (c) Total payments: |
| Royalty payments, (b) Outside California: |
| Royalty payments, (a) Within California: |
| Line 4: |
| Prizes and other winnings, (c) Total payments: |
| Prizes and other winnings, (b) Outside California: |
| Prizes and other winnings, (a) Within California: |
| Line 5: |
| Other payments, (c) Total payments: |
| Other payments, (b) Outside California: |
| Other payments, (a) Within California: |
| Line 6: |
| Total payments subject to withholding: |
| Add column (a), line 1 through line 5, (c) Total payments: |
| Add column (a), line 1 through line 5, (b) Outside California: |
| Add column (a), line 1 through line 5, (a) Within California: |
| Print or type payee's name: |
| Print or type representative's name and title: |
| Part I, Withholding agent's name: |
| Part I, Address (Apartment number/suite number, room, P O box, or P M B number): |
| Part I, 2 letter State abbreviation: |
| Part I, City (If you have a foreign address, see instructions): |
| Part II, Payee's name: |
| Select Entity type: Off |
| Part II, Address (Apartment number/suite number, room, P O box, or P M B number): |
| Part II, 2 letter State abbreviation: |
| Nonresident payee's entity type (Check one): Off |
| Part III, Nonresident payee (Check one): Off |
| Authorized representative's signature Date (mm/dd/yyyy): |
| Payee's signature Date (mm/dd/yyyy): |
| Other (Describe): |
| Payee's Telephone (10 digits): |
| Representative's Telephone (10 digits): |
| Part II, City (If you have a foreign address, see instructions): |
| S S N or I T I N, F E I N, C A Corporation number, C A S O S file number (12 digits): |
| Part I, ZIP code, maximum 9 digits: |
| Part II, ZIP code, maximum 9 digits: |
| Part IV, Line 1: |
| Goods and services - Goods/materials (no withholding required) (c) Total payments: |
| Line 1: |
| Goods and services - Services (withholding required), (a) Within California: |
| Goods and services - Services (withholding required), (b) Outside California: |
| Goods and services - Services (withholding required), (c) Total payments: |
File details come from the government source that posted it. Updated .