10 95 Form

Employer identification number February tax liability May tax liability Cat. No. 14733M March tax liability June tax liability Rev. 10-95 Form 945-A Rev. 10-95 October tax liability Page 2 continued August tax liability November tax liability September tax liability December tax liability M Total tax liability for year add lines A through L. Form 945-A Annual Record of Federal Tax Liability Rev* October 1995 Department of the Treasury Internal Revenue Service Name as shown on Form 945 or CT-1 January tax liability A Total for month April tax liability OMB No* 1545-1430 File with Forms 945 or CT-1. This should equal line 4 on Form 945 or line 18 on Form CT-1 Paperwork Reduction Act Notice. We ask for the information on this form to carry out the Internal Revenue laws of the United States. You are required to give us this information* We need it to ensure that you are complying with these laws and to allow us to figure and collect the right amount of tax. The time needed to complete and file this form will vary depending on individual circumstances. The estimated average time is 8 hr. 37 min* Recordkeeping Preparing and sending 8 min* the form to the IRS If you have comments concerning the accuracy of these time estimates or suggestions for making this form simpler we would be happy to hear from you. You can write to the IRS at the address listed in the instructions of the tax return with which this form is filed* General Instructions Purpose of form* Use this form to report nonpayroll income tax withholding on a daily basis. These nonpayroll items include backup withholding and withholding on pensions annuities IRAs Indian gaming profits and gambling winnings. Also use Form 945-A to report tax liabilities reported on Form CT-1 Employer s Annual Railroad Retirement Tax Return* If you are a Form CT-1 filer refer to Part II of the Form CT-1 for additional information that must be reported on Form 945-A. Note Form 945-A is a summary of your tax liability not a summary of deposits made. Who must file. Semiweekly schedule depositors are required to complete and file Form 945-A with Form 945 or CT-1. Do not complete this form if you are a monthly schedule depositor unless you accumulate a tax liability of 100 000 during any month of the year. Monthly schedule depositors who accumulate 100 000 become semiweekly schedule depositors for the remainder of the year and must complete Form 945-A for the entire year. The deposit rules including the 100 000 deposit rule are explained in section 11 of Circular E Employer s Tax Guide and the Instructions for Form 945. Important. Form 945-A is used by the IRS to match your tax liability reported on this form with your deposits made with Form 8109 and to determine if you have deposited your withholding tax liabilities on time. Unless Form 945-A is properly completed and filed with Form 945 the IRS will not be able to process your return and will have to contact you for the missing information* Deposit withheld income tax including backup withholding with an authorized financial institution or the Federal Reserve bank or branch that serves your area* Include Form 8109 Federal Tax Deposit Coupon with each deposit.