RCT-101-I: 2024 PA Inactive PA Corporate Net Income Tax Report (RCT-101-I) (2024)
Pennsylvania · Pennsylvania DOR · Used for tax years 2024
Form RCT-101-I is Pennsylvania’s 2024 Inactive PA Corporate Net Income Tax Report. It records a corporation’s inactive declaration, general information, corporate status changes and officer information.
Who files this form
The 2024 RCT-101-I is for a corporation that can check one of these inactive declarations for the tax period:
- Pennsylvania corporation: It did not conduct any business, had no assets or income, and did not exercise any corporate rights or privileges.
- Corporation chartered outside Pennsylvania: It did not conduct any business, own property, or exercise any corporate rights or privileges.
If neither declaration applies, the corporation must complete and file RCT-101, PA Corporate Net Income Tax Report. A corporation with business activity outside Pennsylvania must file RCT-101.
A partnership that elects to file federal taxes as a corporation is directed to file RCT-128C.
What you'll need
The form asks for the following information:
- Tax year beginning and ending dates, federal EIN, NAICS code, corporation name and address, and parent corporation FEIN.
- State and date of incorporation, date business began in Pennsylvania, and the location and custodian of corporate records.
- Whether the corporation previously had business activity anywhere and, if so, its last tax period with business activity.
- Name and SSN or FEIN of any individual or business entity owning all or a majority of the corporation’s stock.
- Whether the federal government changed taxable income for a period for which a report of change has not been filed.
- Names and SSNs for all filled officer positions listed on the form, plus the signing officer’s name, phone number, and email.
- Preparer information, including identifying and contact details, in the preparer section.
Common mistakes
- Using the inactive report when neither declaration applies. The form says to complete and file RCT-101 instead. It specifically requires RCT-101 for a corporation with business activity outside Pennsylvania.
- Not selecting an inactive declaration. Section B directs you to check one box in support of filing RCT-101-I.
- Leaving officer information incomplete. The form requires the requested information for all filled officer positions.
- Missing the corporate officer’s signature. Section D states that the corporate officer must sign the affirmation.
- Overlooking the partnership direction. A partnership that elects to file federal taxes as a corporation is directed to file RCT-128C.
Questions people ask
Can a corporation with business activity outside Pennsylvania file RCT-101-I?
No. The form specifically says that a corporation with business activity outside Pennsylvania must file RCT-101.
What if the corporation had business activity in an earlier period?
Section A asks whether the corporation previously had business activity anywhere. If yes, enter the last tax period in which it had business activity, using MMDDYYYY format.
Who must sign the report?
A corporate officer must sign and date the affirmation in Section D. The form also includes a separate signature and date line for the tax preparer.
Which officer positions need information?
Provide the requested information for every filled position listed: President/Managing Partner, Vice President, Secretary, and Treasurer/Tax Manager.
Where does the form point for additional instructions?
It directs readers to REV-1200, PA Corporate Net Income Tax Instructions, at www.revenue.pa.gov for instructions on completing RCT-101-I and RCT-101.