Looking for a Form 943 Templates? Download it for free!

Enter the code “MU” in the state code box if you deposit

Federal Tax Liability, see the instructions for line 15,

in more than one state. If you deposit in the same state

later, or the instructions for Form 943-A.

as shown in your address, do not make an entry in this

Explain any prior year adjustments on Form 941c,

box.

Supporting Statement To Correct Information, or attach a

Line 1 — Number of agricultural employees. Enter the

statement that shows the same information. Enter on

number of agricultural employees on your payroll during

Form 941c or include in the statement the total wages for

the pay period that included March 12, 2005. Do not

all of your employees as previously reported and as

include household employees, persons who received no

corrected. Do not file Form 941c (or statement)

pay during the pay period, pensioners, or members of the

separately from Form 943.

Armed Forces.

If you are adjusting an employee’s social security or

An entry of 250 or more on line 1 indicates that you

Medicare wages for a prior year, you must also file Form

must file Forms W-2 electronically or on magnetic

W-2c, Corrected Wage and Tax Statement, and Form

diskette. Call the SSA at 1-800-772-6270 or access the

W-3c, Transmittal of Corrected Wage and Tax

SSA’s Employer Reporting Instructions and Information

Statements, with the Social Security Administration. You

website at for more

can get these from the IRS by calling 1-800-829-3676.

information on electronic or diskette filing requirements.

Federal income tax adjustments. Generally, you

Line 2 — Total wages subject to social security tax.

cannot adjust amounts reported as federal income tax

Enter the total cash wages subject to social security tax

withheld in a prior calendar year unless it is to correct an

that you paid to your employees for farmwork during the

administrative error. An administrative error occurs if the

calendar year. Enter the amount before deductions. Cash

amount that you entered on the return is not the amount

wages include checks, money orders, etc. Do not include

that you actually withheld. See section 9 of Pub. 51

(a) the value of noncash items such as food or lodging or

(Circular A) for details.

(b) pay for services other than farmwork. See section 3 of

Line 9 —Total taxes. Combine lines 7 and 8; enter the

Pub. 51 (Circular A) for more information. Do not report

result on line 9.

an employee’s social security wages over $90,000 for

Line 10 —Advance earned income credit (EIC)

2005.

payments made to employees. Employees who are

Line 4 — Total wages subject to Medicare tax. Enter

eligible can receive advance earned income credit (EIC)

the total cash wages subject to Medicare tax that you

payments with their wages by giving you Form W-5,

paid to your employees for farmwork during the calendar

Earned Income Credit Advance Payment Certificate,

year. Enter the amount before deductions. Do not include

annually. For more information, see sections 6 and 14 of

(a) the value of noncash items such as food or lodging or

Pub. 51 (Circular A).

(b) pay for services other than farmwork. There is no limit

Line 12 —Total deposits. Enter the total amount

on the amount of wages subject to Medicare tax.

deposited for the year, including any overpayment from

Line 6 — Federal income tax withheld. Enter federal

2004, as shown in your records.

income tax withheld on wages paid to your employees.

Line 13 —Balance due. You do not have to pay if line

Generally, you must withhold federal income tax from

13 is under $1.

employees from whom you withhold social security and

Medicare taxes. See sections 5 and 13 of Pub. 51

Generally, you should show a balance due on line 13

(Circular A) for more information on withholding rules.

only if your net tax liability for the year (line 11) is less

Line 8 — Adjustment to taxes. Use line 8 to:

than $2,500. However, see section 7 of Pub. 51

•

Adjust for rounding of fractions of cents,

(Circular A) regarding payments made under the

•

Correct errors in social security and Medicare taxes

“accuracy of deposits” rule.

reported on a prior year return, and

•

If you fail to make deposits as required and

Correct an administrative error in reporting federal

instead pay the taxes with Form 943, you may be

income tax withholding on a prior year return. See

subject to a penalty.

CAUTION

section 9 in Pub. 51 (Circular A). Use parentheses (if

possible) to show a decrease to the amounts reported on

Line 14 — Overpayment. If you deposited more than the

lines 3 or 5.

correct amount for the year, you can have the

Fractions of cents. If there is a small difference

overpayment refunded or applied to your next return.

between net taxes (line 11) and total deposits (line 12), it

If line 14 is under $1, we will send you a refund or

may be caused by rounding to the nearest cent each time

TIP

apply it to your next return only on written request.

you computed payroll. This rounding occurs when you

figure the amount of social security and Medicare tax to

be withheld from each employee’s wages. See Pub. 51

Line 15 — Monthly Summary of Federal Tax Liability.

(Circular A) for details. If the fractions of cents adjustment

This is a summary of your yearly tax liability, not a

is the only entry on line 8, write “Fractions Only” in the

summary of deposits made. If line 11 is less than $2,500,

margin of Form 943.

do not complete line 15 or Form 943-A.

Prior year adjustments. Prior year adjustments

Complete line 15 only if you were a monthly

include errors in social security and Medicare taxes

schedule depositor for the entire year and line 11 is

reported on earlier returns. If you report both an

$2,500 or more. The amount entered on line 15M must

underpayment and an overpayment, show only the

equal the amount reported on line 11. See section 7 of

difference.

Pub. 51 (Circular A) for details on the deposit rules. You

Because any amount shown on line 8 increases or

are a monthly schedule depositor for the calendar year if

decreases your tax liability, the adjustment must also be

the amount of your Form 943 taxes (line 9) reported for

included on your Monthly Summary of Federal Tax

the lookback period is not more than $50,000. The

Liability on Form 943 (line 15) or Form 943-A, Agricultural

lookback period is the second calendar year preceding

Employer’s Record of Federal Tax Liability. For details on

the current calendar year. For example, the lookback

how to report adjustments on the Monthly Summary of

period for 2006 is 2004.

-3-

Instructions For Form 943 - Employer'S Annual Federal Tax Return For Agricultural Employees - 2005 Page 3

Related Articles

Related forms

Related Categories