REV-774: Corporation Tax Payment/Overpayment Credit (REV-774) (Revision)
Pennsylvania · Pennsylvania DOR · Used for tax years 2024, 2025, 2026
Pennsylvania Form REV-774 authorizes the transfer of available corporation tax payment or overpayment credits between business entities. It identifies the holder and receiver of the credits and lists the amounts, tax types, and related tax periods or notice numbers.
Who files this form
Use REV-774 to authorize the transfer of available corporation tax payment or overpayment credits between business entities. The business releasing the credit is the assignor. The business receiving it is the assignee.
Credit is available for assignment only to the extent that it exceeds the assignor’s debts owed to the commonwealth. Do not use this form to sell or reassign Restricted Tax Credits.
What you'll need
Have the following information ready for the assignor and assignee:
- Owner’s name and trade name, if different.
- Federal Employer Identification Number (FEIN).
- Tax type and identification number.
- Street address, city, state and ZIP code.
- Amount to be credited and the month/year or tax notice number.
The assignor must provide a dated signature and telephone number. For a partnership, all partners must sign; attach a separate schedule if needed. For a corporation, a corporate officer must sign and provide their title.
How to file
- Complete the From Assignor section for the holder of the credit and the To Assignee section for the receiver.
- Enter the credit details and complete the assignor’s date, signature and telephone fields. All partners must sign for a partnership. A corporate officer must sign for a corporation.
- Submit the form by email to RA-CORP_ACC_FAX@PA.GOV.
Do not submit REV-774 with a tax report.
Common mistakes
- Sending the form with a tax report. The form and its instructions say not to submit it with a tax report.
- Using REV-774 for Restricted Tax Credits. Do not submit this form for the sale or reassignment of those credits.
Questions people ask
How much credit can be assigned?
Credit is available for assignment only to the extent that it exceeds the assignor’s debts owed to the commonwealth. The application authorizes the Department of Revenue to transfer available credit to offset debts within the account releasing the credit.
Which taxes can the transferred credit pay?
Payment or overpayment credits may pay any commonwealth tax obligation administered by the Department of Revenue, except a Motor License Fund obligation.
What date applies to the transfer?
Assignments and transfers are applied as of the date of the payment that created the credit.
Where can I ask questions about this form?
Email RA-CORP_ACC_FAX@PA.GOV for more information.
Where can I ask about Restricted Tax Credits?
For questions about restricted credits previously awarded within the program or obtained through sale or assignment, contact the Department of Revenue at 717-772-3896 or ra-rvtaxcredits@pa.gov. Do not use REV-774 to sell or reassign those credits.