Instructions For Form Ct-1 X - 2010 (Page 9 of 9) in pdf

“The $1,000 difference shown in column 3 of lines 6 and 7

Additional Information

was discovered on May 14, 2010, during an internal payroll

audit. We discovered that we included $1,000 of compensation

You may find the following products helpful when using Form

for one of our employees twice. This correction removes the

CT-1 X.

reported compensation that was never paid.”

•

Form W-2, Wage and Tax Statement

•

Form W-3, Transmittal of Wage and Tax Statements

Part 5. Sign Here.

•

Instructions for Forms W-2 and W-3

•

Form W-2c, Corrected Wage and Tax Statement

You must complete all three pages of Form CT-1 X and sign it

•

Form W-3c, Transmittal of Corrected Wage and Tax

on page 3. If you do not sign, the processing of Form CT-1 X

Statements

will be delayed.

•

Instructions for Forms W-2c and W-3c

Who must sign the Form CT-1 X? Form CT-1 X must be

•

Form 945-A, Annual Record of Federal Tax Liability

signed by one of the following:

•

Instructions for Form CT-1

•

Sole proprietorship — The individual who owns the

•

Instructions for Form 843

business.

•

Pub. 15 (Circular E), Employer’s Tax Guide

•

Corporation (including a limited liability company (LLC)

Pub. 966, The Secure Way to Pay Your Federal Taxes

treated as a corporation) — The president, vice president, or

other principal officer duly authorized to act.

Privacy Act and Paperwork Reduction Act Notice. We ask

•

Partnership (including an LLC treated as a partnership)

for the information on Form CT-1 X to carry out the Internal

or unincorporated organization — A responsible and duly

Revenue laws of the United States. You are required to give us

authorized member or officer having knowledge of its affairs.

the information. We need it to ensure that you are complying

•

Single member LLC treated as a disregarded entity for

with these laws and to allow us to figure and collect the right

federal income tax purposes — The owner of the LLC or a

amount of tax. Subtitle C, Employment Taxes, of the Internal

principal officer duly authorized to act.

Revenue Code imposes employment taxes on wages, including

•

Trust or estate — The fiduciary.

income tax withholding. This form is used to determine the

amount of taxes that you owe. Section 6011 requires you to

A duly authorized agent of the taxpayer also may sign Form

provide the requested information if the tax is applicable to you.

CT-1 X if a valid power of attorney has been filed.

Section 6109 requires filers and paid preparers to provide their

Alternative signature method. Corporate officers or duly

identifying numbers on the return. Failure to provide this

authorized agents may sign Form CT-1 X by rubber stamp,

information may subject you to failure-to-pay and

mechanical device, or computer software program. For details

failure-to-deposit penalties on underreported RRTA taxes.

and required documentation, see Rev. Proc. 2005-39, 2005-28

Failing to provide the information timely may prevent you from

I.R.B. 82, available at

obtaining a refund of the overreported RRTA taxes. Providing

false or fraudulent information may subject you to penalties. We

Paid Preparer’s Use Only

may disclose this information to the Department of Justice for

civil or criminal litigation, and to cities, states, the District of

You must complete this section if you were paid to prepare

Columbia, and U.S. territories and possessions for use in

Form CT-1 X and are not an employee of the filing entity. Sign

administering their tax laws. We may also disclose this

in the space provided. Give the employer the return to file with

information to other countries under a tax treaty, to federal and

the IRS and include a copy of the return for the employer’s

state agencies to enforce federal nontax criminal laws, or to

records. Paid preparers must sign Form CT-1 X with a manual

federal law enforcement and intelligence agencies to combat

signature.

terrorism.

If you are a paid preparer, write your SSN or your Preparer

You are not required to provide the information requested on

Tax Identification Number (PTIN) in the space provided. Include

a form that is subject to the Paperwork Reduction Act unless

your complete address. If you work for a firm, write the firm’s

the form displays a valid OMB control number. Books and

name and the EIN of the firm. You can apply for a PTIN using

records relating to a form or instructions must be retained as

Form W-7P, Application for Preparer Tax Identification Number.

long as their contents may become material in the

You cannot use your PTIN in place of the EIN of the tax

administration of any Internal Revenue law. Generally, tax

preparation firm.

returns and return information are confidential, as required by

Generally, you are not required to complete this section if

Code Section 6103.

you are filing the return as a reporting agent and have a valid

The time needed to complete and file Form CT-1 X will vary

Form 8655, Reporting Agent Authorization, on file with the IRS.

depending on individual circumstances. The estimated average

However, a reporting agent must complete this section if the

time is:

reporting agent offered legal advice, for example, advising the

client on determining whether its workers are employees or

Recordkeeping . . . . . . . . . . . . . . . . . . . . . . . . . .

18 hr., 53 min.

independent contractors for federal tax purposes.

Learning about the law or the form . . . . . . . . . . . . .

24 min.

Preparing and sending the form to the IRS . . . . . . . .

43 min.

How Can You Order Forms and

If you have comments concerning the accuracy of these time

Publications from the IRS?

estimates or suggestions for making this form simpler, we

would be happy to hear from you. You can write to the IRS at

the address shown in the Paperwork Reduction Act Notice on

Call 1-800-829-3676.

Form CT-1.

Visit the IRS website at

-8-

Instructions for Form CT-1 X (2010)

Instructions For Form Ct-1 X - 2010 Page 9

Related Articles

Related forms

Related Categories