PDF
Word
IRS Form CT-1 Employer's Annual Railroad Retirement Tax Return
What Is IRS Form CT-1?
IRS Form CT-1, Employer's Annual Railroad Retirement Tax Return , is a fiscal instrument railroad industry employers are supposed to fill out in order to report the compensation they paid to their employees if that compensation is taxed in accordance with the Railroad Retirement Tax Act.
Alternate Name:
- Tax Form CT-1.
Use this form to compute the tax liability of your entity and figure out how much tax you owe to the government. You will also inform the authorities about the employees covered under the act in question as well as make adjustments to the documentation you submitted previously.
This document was released by the Internal Revenue Service (IRS) in 2023 - older editions of the tax return are now obsolete. An IRS Form CT-1 fillable version is available for download below.
Identify your organization and check the box to state whether the tax return you are filing is final, calculate railroad retirement taxes by using the formulas provided in the form, and summarize your liability in relation to this tax month by month.
By filling out this form, you comply with the railroad industry tax regulations, disclose how your entity contributes to this field, and get ready for a potential audit if the authorities believe it is necessary to inspect your organization. The paperwork can be prepared by a representative if you authorize them properly; note that it is also permitted to name an individual that will discuss tax matters on your behalf by communicating with the IRS.
Check the official IRS-issued instructions before completing and submitting the form.
Download IRS Form CT-1 Employer's Annual Railroad Retirement Tax Return
1
2
3
4
