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Shareholder withholding on Form 100S, Schedule K and K-1, line 14

Nonresident shareholders are subject to 7 percent withholding tax on property distributions reported on Schedule K-1, line 16d. To force a different amount of withholding on property distributions allocated to all nonresident shareholders, use the force field in the CAK screen.
All shareholders may also have withholding passed through to them by entering the portion received by the corporation from Form 592-B to be passed through in the
Tax withheld
 field in the CAK1-3 screen. The portion being claimed by the S corporation, if any, is reported in the
Withholding
 field in the CAPmt or CACPmt screens.
To force an amount of withholding for a particular shareholder, enter the amount in the
Withholding (Force)
 field in the California tab of
Shareholder Information
.
To file Form 592, 592-B, and 592-B with the California Franchise Tax Board, mark the box for the
592 Withholding
 return in the California tab of
Client Properties
.
To indicate that a shareholder is not subject to withholding tax, select the appropriate code in the
Nonresident filer
 field in the California tab of
Shareholder Information
.

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