Instructions for Form PT-R Pass-Through Entity Representative - Wisconsin

Form PT-R Pass-Through Entity Representative - Wisconsin

This document contains official instructions for Form PT-R , Pass-Through Entity Representative - a form released and collected by the Wisconsin Department of Revenue. An up-to-date fillable Form PT-R is available for download through this link.

FAQ

Q: What is Form PT-R?
A: Form PT-R is a form used in Wisconsin for the appointment of a pass-through entity (PTE) representative.

Q: What is a pass-through entity (PTE)?
A: A pass-through entity (PTE) is a legal entity that does not pay taxes itself, but passes through its income, losses, deductions, and credits to its owners, who then report them on their individual tax returns.

Q: Who should use Form PT-R?
A: Form PT-R should be used by a pass-through entity (PTE) to appoint a representative who will have the authority to receive and provide information on behalf of the entity in matters related to Wisconsin taxes.

Q: Why is it necessary to appoint a pass-through entity (PTE) representative?
A: Appointing a representative ensures that the pass-through entity (PTE) can comply with Wisconsin tax laws and receive important communications related to its tax matters.

Q: When should Form PT-R be filed?
A: Form PT-R should be filed within 90 days of the creation or acquisition of a pass-through entity (PTE), or within 90 days of a change in the representative.

Q: What information is required on Form PT-R?
A: Form PT-R requires information such as the name and address of the pass-through entity (PTE), the name and contact information of the representative, and the effective date of the appointment.

Q: Is there a fee for filing Form PT-R?
A: No, there is no fee for filing Form PT-R.