This version of the form is not currently in use and is provided for reference only. Download this version of Form REV-1689 Schedule D-1 for the current year.
This is a legal form that was released by the Pennsylvania Department of Revenue - a government authority operating within Pennsylvania. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is Form REV-1689 Schedule D-1?
A: Form REV-1689 Schedule D-1 is a Pennsylvania tax form used to calculate installment sale income.
Q: What is installment sale income?
A: Installment sale income refers to the income received from the sale of property or assets in installments over a period of time.
Q: Why do I need to file Form REV-1689 Schedule D-1?
A: You need to file Form REV-1689 Schedule D-1 if you have received installment sale income and are a resident of Pennsylvania.
Q: How do I complete Form REV-1689 Schedule D-1?
A: You need to provide information about the installment sale on the form, including the date of sale, total selling price, and the amount received during the tax year.
Q: When is the deadline to file Form REV-1689 Schedule D-1?
A: The deadline to file Form REV-1689 Schedule D-1 is the same as the deadline for filing your Pennsylvania state tax return, which is typically April 15th.
Q: Are there any other forms or schedules related to Form REV-1689 Schedule D-1?
A: Yes, you may need to complete other forms or schedules, such as Form PA-40, if you have other types of income or deductions to report.
Q: What happens if I do not file Form REV-1689 Schedule D-1?
A: If you are required to file Form REV-1689 Schedule D-1 and fail to do so, you may face penalties or interest on any unpaid tax owed.
Q: Can I e-file Form REV-1689 Schedule D-1?
A: No, currently, Pennsylvania does not support e-filing for Form REV-1689 Schedule D-1. You must file a paper return.
Q: Is Form REV-1689 Schedule D-1 only for residents of Pennsylvania?
A: Yes, Form REV-1689 Schedule D-1 is specifically for residents of Pennsylvania who have received installment sale income.
Form Details:
Download a fillable version of Form REV-1689 Schedule D-1 by clicking the link below or browse more documents and templates provided by the Pennsylvania Department of Revenue.