IMPORTANT: FILL IN FORM MUST BE DOWNLOADED ONTO YOUR COMPUTER PRIOR TO COMPLETING (ET+) 03-22 REV-484 STATEMENT OF FINANCIAL CONDITION FOR BUSINESSES If additional space is needed, attach separate sheet SECTION I BUSINESS INFORMATION Start Business Name Business Phone Number Ü Business Address City County State ZIP Code Type of Ownership (select appropriate oval): Sole Proprietor Corporation Partnership Other Preparer’s Name Preparer’s Title FEIN Type of Business Owner, Partners, Officers, Major Shareholders, etc. Information NAME AND TITLE EFFECTIVE DATE HOME ADDRESS PHONE NUMBER SSN TOTAL SHARE OF INTEREST SECTION II GENERAL FINANCIAL INFORMATION If sole proprietor, include assets and liabilities of owner. Latest Filed PA Income Tax Return Form Tax Year Ended Net Income Before Taxes $ Bank Accounts. (List all types of accounts including payroll and general, saving, certificates of deposit, etc.) NAME OF INSTITUTION ADDRESS TYPE OF ACCOUNT ACCOUNT BALANCE NUMBER $ $ $ $ TOTAL (Enter in Section III, Line 2) $ Reset Entire Form PAGE 1 NEXT PAGE PRINT |
REV-484 (ET+) 03-22 SECTION II GENERAL FINANCIAL INFORMATION (cont.) Bank credit available. (Lines of credit, etc.) NAME OF INSTITUTION ADDRESS CREDIT LIMIT AMOUNT OWED CREDIT MONTHLY PAYMENTS AVAILABLE $ $ $ $ $ $ $ $ $ $ $ $ TOTALS (Enter in Section III, Line 9 or 10 as appropriate.) $ $ $ Safe Deposit Boxes Rented or Accessed (list all locations, box numbers and contents) BOX NUMBER SAFE DEPOSIT BOX LOCATION CONTENTS Real Estate Property REAL PROPERTY DESCRIPTION TYPE OF OWNERSHIP ADDRESS (INCLUDE COUNTY AND STATE) a. b. c. d. Life Insurance (Owned with business as beneficiary.) NAME INSURED COMPANY POLICY NUMBER TYPE FACE VALUE AVAILABLE LOAN VALUE $ $ $ $ $ $ $ $ TOTALS (Enter in Section III, Line 4.) $ Additional information regarding financial condition (Court proceedings, bankruptcies filed or anticipated, transfers of assets for less than full value, changes in market condition, etc./ include information regarding company participation in trust, estates, retirement plans, etc.) Reset Entire Form PREVIOUS PAGE PAGE 2 NEXT PAGE PRINT |
REV-484 (ET+) 03-22 SECTION II GENERAL FINANCIAL INFORMATION (cont.) Accounts/notes receivable. Include loans to stockholder, officers, partners, etc. NAME ADDRESS AMOUNT DUE DATE DUE STATUS $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ TOTALS (Enter in Section III, Line 3.) $ Reset Entire Form PREVIOUS PAGE PAGE 3 NEXT PAGE PRINT |
REV-484 (ET+) 03-22 SECTION III ASSETS AND LIABILITIES ANALYSIS (A) (B) (C) (D) (E) ASSET OR LIABILITY DESCRIPTION CURRENT MARKET LIABILITIES AMOUNT OF MONTHLY VALUE BALANCE DUE PAYMENT 1. Cash on hand $ 2. Bank Accounts $ 3. Accounts/Notes receivable $ $ $ 4. Life Insurance Loan Value $ $ $ a. $ $ $ 5. Real Property b. $ $ $ c. $ $ $ d. $ $ $ a. $ $ $ 6. Vehicles (model, year, license) b. $ $ $ c. $ $ $ a. $ $ $ 7. Machinery and Equipment (Specify) b. $ $ $ c. $ $ $ 8. Merchandise a. $ $ $ $ $ $ Inventory (Specify) b. $ $ $ $ $ $ 9. Other Assets a. $ $ $ (Specify) b. $ $ $ a. $ $ $ b. $ $ $ c. 10. Other Liabilities $ $ $ (Including notes and judgements) d. $ $ $ e. $ $ $ f. $ $ $ g. $ $ $ 11. Federal Taxes Owed $ $ $ 12. State Taxes Owed $ $ $ 13. TOTALS $ $ $ Reset Entire Form PREVIOUS PAGE PAGE 4 NEXT PAGE PRINT |
REV-484 (ET+) 03-22 SECTION IV INCOME AND EXPENSE ANALYSIS The following information applies to income and expenses Accounting Method Used during the period to PART A - INCOME 14. Gross receipts from sales, services, etc. $ 15. Gross rental income $ 16. Interest $ 17. Dividends $ 18. Other income (Specify) $ $ $ $ $ $ $ $ $ $ 19. TOTAL $ PART B - EXPENSES 20. Materials purchased $ 21. Net wages and sales $ 22. Rent $ 23. Installment payments $ 24. Supplies $ 25. Utilities/Telephone $ 26. Gasoline/Oil $ 27. Repairs and maintenance $ 28. Insurance $ 29. Current taxes $ 30. Other (Specify) $ $ $ 31. TOTAL $ 32. Net Difference (Line 19 minus Line 31) $ SECTION V CERTIFICATION Under penalties of perjury, I declare that to the best of my knowledge and belief this statement of assets, liabilities and other information is true, correct and complete. Print Name Signature Date SIGN AFTER PRINTING Reset Entire Form PREVIOUS PAGE PAGE 5 NEXT PAGE PRINT |
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Instructions for REV-484 REV-484 IN (ET+) 03-22 Statement of Financial Condition for Businesses LIFE INSURANCE GENERAL INFORMATION Include all life insurance policies owned by the business, The Statement of Financial Condition for Businesses provides such as Key-Man Life Insurance. the Pennsylvania Department of Revenue with credit and ADDITIONAL INFORMATION statistical information that will be utilized in evaluating the REGARDING FINANCIAL CONDITION financial position of your business. Every item of the financial Report any extraordinary situations such as recent transfers statement must be completed and should reflect accurate of assets, court proceedings and anticipated changes in statements and amounts. If an item is not applicable to your business income. business, insert N/A. An incomplete Statement of Financial Condition for Businesses will not be considered. SECTION III The Statement of Financial Condition for Businesses is ASSETS AND LIABILITIES ANALYSIS presented in five sections. Instructions have been LINES 1-13 provided only for items requiring further clarification. Most of the requested items are self-explanatory and need no This section resembles a balance sheet and should reflect further interpretation. accurate amounts. LINE INSTRUCTIONS LINE 1 Report actual cash on hand, not cash in banks or other SECTION I financial institutions. BUSINESS INFORMATION LINE 6 Please verify the federal employer identification number and the Social Security number(s) of the owner(s). Report the current market value of business vehicles as determined in an automobile “blue book” or by other property Information about owner, partners, officers, major valuation sources. shareholders, etc. must be completed for any type of ownership indicated. A sole proprietorship must report the LINE 10 individual owner’s name, partnership must report all partners and/or general partner’s names, and corporations Report all debts owed by your business. must report the names of all corporate officers. LINES 11 AND 12 Attachments may be used as necessary Report all delinquent federal and state business taxes. SECTION II LINE 13 GENERAL FINANCIAL INFORMATION All information recorded in this section should be verified for Report totals for all entries made in each column. accuracy. The department may conduct an inquiry to substantiate this information. SECTION IV If the business is a partnership, the Statement of Financial INCOME AND EXPENSE ANALYSIS Condition for Businesses must be completed for partnership LINES 14-32 assets and liabilities, and a separate Statement of Financial Condition for Individuals must be completed for each This section must report all sources of income and all general partner. business expenses directly attributable to the production of income. Depreciation is not deemed an out-of-pocket BANK CREDIT AVAILABLE expense and should not be included in the expense Include all credit cards owned by the business. summary. Additional lines have been provided for reporting www.revenue.pa.gov REV-484 1 RETURN TO FORM NEXT PAGE PRINT |
income and/or expense items not already itemized in Section III. Each entry should be verified for accuracy. The SECTION V department may request supporting documents to CERTIFICATION substantiate this information. Signature certifies that statements and entries contained in REPORTING PERIOD the Statement of Financial Condition and/or accompanying Must reflect an operating period of 12 months. schedules are correct to the best knowledge and belief of the undersigned. ACCOUNTING METHOD USED Must provide signature by a duly authorized representative, Report the accounting method of the business (i.e., cash owner, partner or corporate officer along with the applicable or accrual). date the signatures were affixed. LINE 19 Report total income from all income sources listed under Lines 14-18. LINE 31 Report total expenses from all liability sources listed under Lines 20-30. 2 REV-484 www.revenue.pa.gov RETURN TO FORM PREVIOUS PAGE PRINT |