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14. Real estate withholding has been withheld for an entity during the year. Should the REW funds be listed on the 941P as payment withheld?

No. The REW payment may be deducted from the withholding required for the next quarter. Simply reduce the amount of withholding reported on line 1 of Form 941P-ME by the amount of the REW payment (DO NOT write the amount of the REW on line 2, of the 941P Form, as payments made). Attach a letter of explanation and a schedule allocating the REW payment among the nonresident members. If the REW is equal to or greater than the total amount of withholding due for the year, you may file returns for the remaining quarters reporting zero tax due. REW payments are reported separately to the taxpayer on Form REW-1. Beginning with the 2008 Form 1099ME, real estate withholding payments are entered separately in a new box (Box #3).

Rev. 12/31/07