File IRS Form 944
Some employers with smaller payrolls file Form 944, Employer's Annual Federal Tax Return, instead of filing Form 941, Employer's Quarterly Federal Tax Return. This article explains the requirements for filing Form 944.
You meet the requirements for filing Form 944.
You will understand the requirements for filing Form 944.
Generally, if you have an annual liability of $1,000 or less for withheld income, Social Security and Medicare taxes, you are affected by this change in filing requirement from a 941 filer to a 944 filer and the IRS will notify you early in the year.
Form 944 is an annual payroll tax form on which you report:
- Employee wages you paid
- Tips your employees received
- Federal income tax you withheld
- Both the employer's and the employee's share of Social Security and Medicare taxes
- Advance earned income tax credit (EIC) payments