Get Form 592

Filling out Form 592, the resident and nonresident withholding statement, online can be a straightforward process if you follow the right steps. This guide will walk you through each section of the form to ensure accurate and complete completion.

Follow the steps to successfully complete the Form 592 online.

1. Click ‘Get Form’ button to access the form and open it in your chosen editing platform.
2. Begin by entering the taxable year at the top of Form 592. Make sure this matches the calendar year for which you are reporting withholding.
3. In Part I, enter the withholding agent's information, including their business name, ID number, and address. If applicable, enter the DBA (doing business as) name.
4. Provide the total number of payees included in the Schedule of Payees.
5. In Part II, check all types of income that apply. This could include payments to independent contractors, trust distributions, and more.
6. Fill in the total amounts for withholding on Lines 1 and 2, and calculate the total on Line 3. Ensure these figures are accurate as they represent withholding from the Schedule of Payees.
7. Continue with Lines 4 and 5, reporting any prior payments not yet distributed and amounts withheld by other entities respectively.
8. Subtract the sum from Line 6 from the total on Line 3 to find the total withholding amount due on Line 7.
9. In Part III, complete the perjury statement by providing the withholding agent's and preparer's names, signatures, and contact information.
10. Fill out the Schedule of Payees on Side 2, inputting the required information for each payee, including their name, addresses, and amounts withheld.
11. Once all sections are completed, save your changes. You can then download, print, or share the form as necessary.

Get started on completing your Form 592 online today!