Instructions for IRS Form 945-A Annual Record of Federal Tax Liability

IRS Form 945-A Annual Record of Federal Tax Liability

This document contains official instructions for IRS Form 945-A , Annual Record of Federal Tax Liability - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury. An up-to-date fillable IRS Form 945-A is available for download through this link.

FAQ

Q: What is IRS Form 945-A?
A: IRS Form 945-A is the Annual Record of Federal Tax Liability form.

Q: What is the purpose of Form 945-A?
A: Form 945-A is used to report federal income tax withheld on nonpayroll payments.

Q: Who needs to file Form 945-A?
A: Employers who have made nonpayroll payments of federal incometax withholdings need to file Form 945-A.

Q: What payments are considered nonpayroll payments?
A: Nonpayroll payments can include pensions, annuities, gambling winnings, backup withholding, and other miscellaneous income.

Q: When is Form 945-A due?
A: Form 945-A is due on January 31 of the year following the calendar year in which the nonpayroll payments were made.

Q: How do I file Form 945-A?
A: Form 945-A can be filed electronically or by mail.

Q: Are there any penalties for not filing Form 945-A?
A: Yes, there are penalties for not filing Form 945-A or for filing it late. It is important to file on time to avoid these penalties.

Q: Is Form 945-A the same as Form 945?
A: No, Form 945-A is a separate form used specifically for reporting nonpayroll federal tax withholdings.