Form 587 Nonresident Withholding Allocation Worksheet - California

What Is Form 587?

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 587?
A: Form 587 is the Nonresident Withholding Allocation Worksheet for California.

Q: Who needs to fill out Form 587?
A: Nonresident individuals who receive California source income and want to allocate their withholding to different income sources need to fill out Form 587.

Q: What is the purpose of Form 587?
A: The purpose of Form 587 is to allocate the income tax withholding on California source income among different income sources.

Q: What information do I need to complete Form 587?
A: You will need information about your California source income, including income type, amount, and withholding amounts.

Q: How do I file Form 587?
A: After completing the form, you should attach it to your California income tax return.

Q: When is the deadline to file Form 587?
A: Form 587 should be filed with your California income tax return by the applicable deadline for filing your return.

Q: Are there any penalties for not filing Form 587?
A: Failure to file Form 587 or filing an incomplete or incorrect form may result in penalties or delays in processing your return.

Q: Can Form 587 be submitted electronically?
A: As of now, Form 587 cannot be submitted electronically and must be filed by mail with your paper tax return.

Q: Can I make changes to Form 587 after filing?
A: If you need to make changes to your Form 587 after filing, you should file an amended California income tax return with the corrected form.