Instructions for IRS Form 945 Annual Return of Withheld Federal Income Tax

This document contains official instructions for IRS Form 945 , Annual Return of Withheld Federal Income Tax - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury.

FAQ

Q: What is IRS Form 945?
A: IRS Form 945 is the Annual Return of Withheld Federal Income Tax.

Q: Who is required to file Form 945?
A: Employers who withhold federal income tax from non-payroll payments, such as pensions or gambling winnings, are required to file Form 945.

Q: When is Form 945 due?
A: Form 945 is typically due on January 31 of the following year.

Q: What information is needed to complete Form 945?
A: You will need to provide information on the total amount of federal income tax withheld and the total non-payroll payments subject to withholding.

Q: Are there any penalties for not filing Form 945?
A: Yes, there can be penalties for failing to file Form 945 or for filing it late. It's important to comply with the filing deadlines.

Q: Can Form 945 be filed electronically?
A: Yes, you can file Form 945 electronically using the IRS e-file system.

Q: Are there any exceptions to filing Form 945?
A: There are some exceptions to filing Form 945. For example, if you only withhold federal income tax from payroll payments, you may not need to file this form.