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3 FINAL DRAFT 10/2/23 3
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7 YEAR 7
Form AWC, Alternative Withholding Certificate for Year
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9 for Nonresident Individual Partners and Shareholders 9
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11 For use by nonresident individual partners or shareholders subject to Minnesota withholding. Complete a certificate each year you 11
12 wish to reduce the amount withheld by the partnership or S corporation. 12
13 First Name and Initial Last Name Social Security Number 13
14 TAXPAYER’S 1ST NAME,INITIALXX TAXPAYER’S LAST NAMEX 12345678 14
15 Address 15
16 ADDRESS STREET APARTMENT NUMBER ROUTE XXXXXXXXXXXXXXXXXXXXXX 16
17 City State ZIP Code 17
18 CITYXXXXXXXXXXXXXXXXXXXXXXXXX MN 11223 18
19 1 Your estimated share of Minnesota distributive income from this partnership or S corporation 19
20 or your estimated total Minnesota taxable income for the tax year, whichever is less . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 12345678 20
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22 2 Multiply line 1 by 9.85 percent (.0985) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 12345678 22
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24 3 Minnesota individual estimated tax you paid for the tax year . . . . . . . . . . . . . . . . . 3 12345678 24
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26 4 Minnesota income tax withheld from other income (from Form W-2 or W-2P) . . . 4 12345678 26
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28 5 Minnesota backup withholding and certain tax credits (see instructions) . . . . . . . . 5 12345678 28
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30 6 Add lines 3, 4, and 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 12345678 30
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32 7 Subtract line 6 from line 2 (if result is zero or less, enter 0). This is the amount you are requesting to be withheld . . . 7 12345678 32
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34 Partner or shareholder: I declare that this form is correct and complete to the best of my knowledge and belief. 34
35 Signature Daytime Phone Date 35
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37 Partner or shareholder: Complete, sign, and date this certificate. Give the original form to the To be completed by the entity: 37
38 partnership or S corporation before the end of the entity’s tax year. Name of Partnership or S Corporation 38
39 XXXXXXXXXXXXXXXXXXX 39
40 Partnership or S corporation: Enter the partnership’s or S corporation’s name and federal and Federal ID Number Minnesota ID Number 40
Minnesota tax ID numbers in the boxes to the right. Include a copy of each AWC you receive when you
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file your Form M3 or M8 tax return.
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Form AWC Instructions
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46 All partnerships and S corporations, not making a pass-through entity (PTE) tax election, must withhold Minnesota income tax for any non- 46
47 resident individual partner or shareholder who: 47
48 • is not included in composite income tax 48
49 • has Minnesota distributive income of $1,000 or more 49
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You must withhold 9.85% of their Minnesota source distributive income, less any credits that are passed through to them.
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52 However, we will allow you to withhold a smaller amount of tax if the partner or shareholder owes less Minnesota tax. This may happen if a 52
53 partner or shareholder: 53
54 • has paid Minnesota estimated tax or had Minnesota withholding tax taken out of wage income; or 54
55 • has Minnesota taxable income less than the distributive income received from this entity, due to losses from other Minnesota sources. 55
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Who should file Form AWC
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58 Complete this form if you are a nonresident individual partner of a partnership or shareholder of an S corporation and you expect to receive 58
Minnesota distributive income of $1,000 or more from this partnership or S corporation and want less than 9.85% of your Minnesota source
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distributive income withheld by the entity.
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61 If you choose to have 9.85% of your distributive income withheld or to be included in composite income tax, you do not need to complete 61
62 this form. 62
63 9995 63
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