Misc
What publication can you use for entity structures?
Publication 1635
What is the MFT for Form 941?
MFT 01
What is the due date for the Form 943?
January 31st of the following year
What is the MFT for the 944?
MFT 14
What are 2 things reported on Form 945?
Federal income tax withheld or backup withholding
What form does a Power of Attorney use?
Form 2848
What are the 3 main things reported on Form 941?
Federal income tax withheld, social security tax, Medicare tax
What is the MFT for the Form 943?
MFT 11
What is the maximum tax liability they can have to file Form 944?
$1,000
What is the due date for the Form 945?
January 31 following the close of the calendar year
For MONTHLY schedule depositors, when is the deposit due date?
the 15th of the following month?
What publications would you refer to about the Form 941?
Publication 15 (Circular E) Employer's Tax Guide, Pub. 15-A Employer's Supplemental Tax Guide, Pub 15-B Employers Tax Guide to Fringe Benefits, Pub 15-T Federal Income Tax Withholding Methods
What publication should you reference for Form 943?
Publication 51
What dates can they opt-out of the 944 program?
Postmarked mail by 3/15 Phone by 4/1
What is the percentage for backup withholding for tax year 2022?
24%
What system and by what time do you need to set up a deposit for it to be timely?
EFTPS and by 8pm EST the day before
What are the quarterly due dates for Form 941?
April 30th
July 3st
October 31st
January 31st of following year
What form would you file to correct a previously filed Form 943?
Form 943-X
What is the due date for Form 944?
January 31 of the following year
Can you send a check for a $3,000 deposit?
No, if they did they would be subject to an avoidance penalty.
What IRM covers the authority for making name changes?
21.7.13.6.5.6 Authority for Making Primary Name Line Changes
Wednesday or Friday
What would be the lookback period for tax year 2022?
2020
What letter is sent to the TP when the filing requirement is changed from 944 to 941 or vice versa?
Letter 3007C
What section in Pub 15 (Circular E) covers the deposit requirements for Form 945?
Section 11, Depositing taxes
For 2022, pg. 27