Instructions For Form 944-Ss - Employer'S Annual Federal Tax Return American Samoa, Guam, The Commonwealth Of The Northern Mariana Islands, And The U.s. Virgin Islands - Internal Revenue Service - 2007
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Department of the Treasury
Internal Revenue Service
Instructions for
Form 944-SS
Employer’s ANNUAL Federal Tax Return—American Samoa, Guam, the
Commonwealth of the Northern Mariana Islands, and the U.S. Virgin Islands
required to be deposited. For more information on paying
Section references are to the Internal Revenue Code unless
your taxes with a credit card, visit the IRS website at
otherwise noted.
and click on the electronic IRS link. A
What’s New
convenience fee will be charged for this service.
Social security wage base for 2007. Do not withhold
Where can you get telephone help? You can call the IRS
social security tax after an employee reaches $97,500 in
toll free at 1-800-829-4933 (U.S. Virgin Islands only) or
social security wages. There is no limit on the amount of
215-516-2000 (toll call) to order tax deposit coupons (Form
wages subject to Medicare tax.
8109) and for answers to your questions about completing
Form 944-SS, tax deposit rules, or obtaining an employer
Social security wage base for 2008. The wage base for
identification number (EIN). Or visit the IRS website at
2008 is $102,000.
and type “Employment Tax” in the Search box.
Reminders
Photographs of missing children. The Internal Revenue
Service is a proud partner with the National Center for
Form 944-SS — annual employment tax filing for small
Missing and Exploited Children. Photographs of missing
employers. To reduce burden on small employers, the
children selected by the Center may appear in this
Internal Revenue Service (IRS) has simplified the rules for
publication on pages that would otherwise be blank. You
filing employment tax returns to report social security and
can help bring these children home by looking at the
Medicare taxes. Certain employers must file new Form
photographs and calling 1-800-THE-LOST (1-800-843-5678)
944-SS, Employer’s ANNUAL Federal Tax Return, instead
if you recognize a child.
of the Form 941-SS, Employer’s QUARTERLY Federal Tax
Return.
Correcting Form 944-SS or Form 941-SS. If you discover
General Instructions:
an error on a previously filed Form 944-SS or Form 941-SS,
Understanding Form 944-SS
and you are required to file a Form 944-SS, make the
correction using Form 944-SS for the year in which you
discovered the error and attach Form 941c, Supporting
Federal law requires you, as an employer, to withhold taxes
Statement to Correct Information. For example, in May
from your employees’ paychecks. Each time you pay wages,
2007, you discover that you underreported $100 in social
you must withhold — or take out of your employees’
security and Medicare wages on your 2006 Form 944-SS.
paychecks — certain amounts for social security tax and
Correct the error by showing $15.30 (15.3% × $100) on line
Medicare tax. Under the withholding system, taxes withheld
6c of your 2007 Form 944-SS and attaching a completed
from your employees are credited to your employees in
Form 941c. See Adjustments in section 9 of Pub. 80
payment of their tax liabilities.
(Circular SS), Federal Tax Guide for Employers in the U.S.
Federal law also requires employers to pay any liability
Virgin Islands, Guam, American Samoa, and the
for the employer’s portion of social security and Medicare
Commonwealth of the Northern Mariana Islands, for more
taxes. This portion of social security and Medicare taxes is
information.
not withheld from employees.
Electronic payment. Now, more than ever before,
businesses can enjoy the benefits of paying their federal
What Is the Purpose of Form 944-SS?
taxes electronically. Whether you rely on a tax professional
or handle your own taxes, IRS offers you convenient
Form 944-SS, Employer’s ANNUAL Federal Tax Return, is
programs to make paying easier. Spend less time and worry
designed so the smallest employers (those whose annual
on taxes and more time running your business. Use
liability for social security and Medicare taxes is $1,000 or
Electronic Federal Tax Payment System (EFTPS) to make
less) will have to file and pay these taxes only once a year
deposits or pay in full whether you rely on a tax professional
instead of every quarter. These instructions give you some
or prepare your own taxes. Visit or call
background information about Form 944-SS. They tell you
EFTPS Customer Service at 1-800-555-4477 (Virgin Islands
who must file the form, how to fill it out line by line, and
only) or 303-967-5916 (toll call).
when and where to file it. If you want more in-depth
information about payroll tax topics, see Pub. 80 (Circular
If you were a semiweekly schedule depositor at any
!
SS). Or visit the IRS website at and type
time during 2007, you must file a paper Form 944-SS
“Employment Tax” in the Search box.
and Form 945-A, Annual Record of Federal Tax
CAUTION
Liability.
For more information about annual employment tax filing
Credit card payments. Employers can now pay the
and tax deposit rules, see Treasury Decision 9239. You can
balance due shown on Form 944-SS by credit card.
find T.D. 9239 on page 401 of Internal Revenue Bulletin
However, do not use a credit card to pay taxes that are
2006-6 at /pub/irs-irbs/irb06-06.pdf.
Cat. No. 47936N
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