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Form RPD-41373 Application for Refund of Tax Withheld From Pass-Through Entities
*447480200* 41373 to the address at the bottom of this page a brief statement of the facts on which the claim is based and Application for Refund of Tax Withheld From Pass Through Entities Application for Refund of Tax Withheld From Pass Through Entities Instructions asked whether the refund will go to or through an account located outside the territorial jurisdiction of the United States choose the Direct Deposit method of delivering your refund Completing This Form: A valid claim for refund requires all cords A financial institution is located within the territorial Department The forms 1099 Misc RPD 41359 or RPD 41285 must be issued to the PTE Detail Report to be filed The Department may be required For filers of Form PTE New Mexico Information Return for Pass Through Entities If you have received a 1099 Misc Form RPD 41359 Annual Statement of Pass Through Entity Withholding or Form RPD 41285 Annual Statement of Withholding of Oil and Gas Proceeds showing income tax withheld on the net income of the pass through entity or withholding on New Mexico oil and gas proceeds received and you wish to obtain a refund of the tax withheld then you must submit a completed Form RPD 41373 Application for Refund of Tax Withheld From Pass Through Entities to the For filers of Form RPD 41367 Annual Withholding of Net Income From a Pass Through Entity Detail Report If you have overpaid the tax to be withheld from the owners allocable net income of a PTE on Form RPD 41367 Annual Withholding of Net Income From a Pass Through Entity Detail Report Form RPD 41355 and indicate that Form RPD 41355 was amended in the Basis for Refund portion of this form Form Gas Proceeds and Pass Through Entity Withholding Tax Act may use this form to request a refund of tax withheld against the net income it receives from another PTE reported on Form PTE New Mexico Information Return for Pass Through Entities or an overpayment of withholding tax paid and reported on Form RPD 41367 Annual Withholding of Net Income From a Pass Through Entity Detail Report Important: A direct deposit of your refund may not be made IMPORTANT: To validate the claim for refund the Department may require both Form PTE New Mexico Information Return for Pass Through Entities and Form RPD 41367 Annual Withholding of Net Income From a Pass Through Entity information requested on this form Basis for Refund means information within the Direct Deposit section of this form If jurisdiction of the United States if it is located within the United States; located on a United States military base or located in American Samoa Guam the Northern Mariana Islands Puerto Rico or the U S Virgin Islands mailed must be signed by the PTE s owner or the PTE s authorized must explain why the overpayment was made Do not merely enter the word overpayment Attach a letter of explanation if the space provided is insufficient The application for refund New Mexico Taxation and Revenue Department New Mexico Taxation and Revenue Department or beneficiaries (owners) net income according to the Oil and or the Office of Foreign Assets Control (OFAC) You will be P O Box 25127 PTE return and submit it to the address for filing the PTE return The applicable address is the address listed at the bottom of this page reported on Form PTE New Mexico Information Return for Pass Through Entities or an overpayment of tax withheld on Form RPD 41367 Annual Withholding of Net Income From a Pass Through Entity Detail Report To obtain a refund of tax this form must be completed and mailed to the Department at P O Box 25127 Santa Fe New Mexico 87504 5127 For assistance call (505) 827 0825 representative Request for Direct Deposit Request for Direct Deposit: The refund of tax may be deposited directly into your bank account by completing all RPD 41373 Application for Refund of Tax Withheld From Pass Through Entities may be submitted separately if amending Santa Fe NM 87504 5127 subject to withholding tax from its owners partners members territorial jurisdiction of the United States In order to com ply with new federal banking rules anyone wishing to have your refund directly deposited into your account you must answer an additional question when completing the Direct Deposit portion of your application for tax refund If you do not answer the question your refund will be mailed to you in the form of a paper check If you answer the question incor rectly your refund may be delayed rejected or frozen by the National Automated Clearing House Association (NACHA) the Direct Deposit portion of the application blank and have a paper check mailed to the address on the taxpayer s re the information is incomplete or incorrect your refund will be these forms online to a bank account located at a financial institution outside the to compare the information provided on both forms to verify that the claim for refund is valid When requesting a refund attach Form RPD 41373 to the When requesting a refund submit the completed Form RPD Who May Use This Form: A pass through entity (PTE) who is Who May Use This Form: This form may be used to apply for a refund of withholding tax on the net income of a pass through entity (PTE) you must amend Form RPD 41367 and submit a completed Form RPD 41373 Application for Refund of Tax Withheld From Pass Through Entities to the Department If the PTE overpaid the tax by filing Form RPD 41355 Pass Through Entity Withholding Tax Return then the PTE must amend You will be advised if the answer is yes you should not Your options are to use a different bank account or to leave