Form 944

Form 944

A form a company files with the IRS each year to declare income and FICA taxes on its employees. The form lists federal income tax, Social Security and Medicare withholdings paid by both the employees and the employer. Form 944 is designed for small businesses that have low tax liabilities. As a result, it is filed once a year instead of once a quarter as some large businesses are required to do. See also: Form 941.
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Employers filing quarterly tax returns with an estimated total of $1,000 or less for the calendar year may now request to file Form 944 annually instead.
include the employment taxes for the household worker with other employees on Form 941, Employer's Quarterly Federal Tax Return; Form 944, Employer's Annual Federal Tax Return; Form 943, Employer's Annual Federal Tax Return for Agricultural Employees; or Form 940, Employer's Annual Federal Unemployment (FUTA) Tax Return, whichever are applicable.
For the remaining two companies, we filed annual federal tax returns using IRS form 944 in December 2009.
17 Web cast of Tax Talk Today, a panel of Internal Revenue Service officials and tax experts discussed the new Form 944 and provided reminders and tips for tax practitioners dealing with Form 1099 as well as employment taxes in general.
Beginning January 1, 2006, the IRS allowed certain employment tax filers to use the new Form 944 (Employer's Annual Federal Tax Return), which added another filing to the string of requirements for organizations to be included in the BMF.
These forms include: Form 940 series, Employer's Annual Federal Unemployment (FUTA) Tax Return; Form 941 series, Employer's Quarterly Federal Tax Return; Form 943 series, Employer's Annual Federal Tax Return for Agricultural Employees; Form 944, Employer's Annual Federal Tax Return (an annualized version of Form 941); Form 945, Annual Return of Withheld Federal Income Tax; and Form CT-1, Employer's Annual Railroad Tax Return.
These forms include: the Form 940 series, Employer's Annual Federal Unemployment (FUTA) Tax Return; the Form 941 series, Employer's Quarterly Federal Tax Return; the Form 943 series, Employer's Annual Federal Tax Return for Agricultural Employees; Form 944, Employer's Annual Federal Tax Return (an annualized version of Form 941); Form 945, Annual Return of Withheld Federal Income Tax; and Form CT-1, Employer's Annual Railroad Tax Return.
Form 944 (all types) Employer's Annual Federal Tax Return - Balance Due - Tax Year 2007
These forms include: Form 940 series, Employer's Annual Federal Unemployment (FUTA) Tax Return; Form 941 series, Employer's Quarterly Federal Tax Return; Form 943 series, Employer's Annual Federal Tax Return for Agricultural Employees; Form 944, Employer's Annual Federal Tax Return which will be an annualized version of Form 941; Form 945, Annual Return of Withheld Federal Income Tax; and Form CT-1, Employer's Annual Railroad Tax Return.