Form 592 Resident and Nonresident Withholding Statement - California

What Is Form 592?

This is a legal form that was released by the California Franchise Tax Board - a government authority operating within California. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 592?
A: Form 592 is the Resident and Nonresident Withholding Statement used in California.

Q: Who needs to file Form 592?
A: Form 592 must be filed by anyone who makes payments of California source income subject to withholding.

Q: What is the purpose of Form 592?
A: Form 592 is used to report and remit withholding of income paid to nonresident individuals or entities.

Q: When is Form 592 due?
A: Form 592 is due by January 31st of the following calendar year.

Q: Are there any penalties for late or incorrect filing of Form 592?
A: Yes, there are penalties for late or incorrect filing of Form 592. It is important to file accurately and on time.

Q: What types of income require withholding and reporting on Form 592?
A: Income subject to withholding and reporting on Form 592 includes rents, royalties, interest, pensions, and certain other types of California source income.