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RCT-112-I (11-13) General Information for RCT-112 Page 1 of 5 NEW FOR 2013 The electronic funds transfer requirement was reduced from $10,000 to $1,000. All payments of $1,000 or more made after Dec.

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What is rct 112?

RCT 112 is a form used to report payments made to non-resident aliens or foreign entities.

Who is required to file rct 112?

Any individual or business that makes payments to non-resident aliens or foreign entities is required to file RCT 112.

How to fill out rct 112?

RCT 112 should be filled out with the payer's information, recipient's information, payment details, and any applicable tax treaty information.

What is the purpose of rct 112?

The purpose of RCT 112 is to report payments made to non-resident aliens or foreign entities to the tax authorities.

What information must be reported on rct 112?

The information reported on RCT 112 includes the recipient's name, address, tax identification number, payment amount, and type of income.

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