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Instructions For Form Ct-1 - Employer'S Annual Railroad Retirement Tax Return - 2004 Page 6

name, phone number, and any five digits that person

Line 15. Balance Due

chooses as his or her personal identification number (PIN).

Subtract line 14 from line 13. You should have a balance

By checking the “Yes” box, you are authorizing the IRS to

due only if line 13 is less than $2,500, unless the balance

call the designee to answer any questions relating to the

due is a shortfall amount for monthly schedule depositors as

processing of or the information reported on Form CT-1.

explained under the Accuracy of deposits rule on page 4.

You are also authorizing the designee to:

•

Form CT-1(V), Payment Voucher, has instructions for

Exchange information concerning Form CT-1 with the IRS

making a payment with Form CT-1. You do not have to pay

and

•

if line 15 is less than $1.

Respond to certain IRS notices that you have shared with

your designee relating to Form CT-1. The IRS will not send

Line 16. Overpayment

notices to your designee.

You are not authorizing the designee to receive any

Enter the overpayment on the designated entry line. Then

check the appropriate box to have the overpayment applied

refund check, bind you to anything (including additional tax

to your 2005 Form CT-1 or refunded to you. If line 16 is less

liability), or otherwise represent you before the IRS. If you

than $1, we will send you a refund or apply it to your next

want to expand the designee’s authority, see Pub. 947,

return only on written request.

Practice Before the IRS and Power of Attorney.

The authorization will automatically expire one year from

Third Party Designee

the due date (without regard to extensions) for filing your

2004 Form CT-1. If you or your designee wants to revoke

If you want to allow an employee of your business, a return

this authorization, send a written statement of revocation to:

preparer, or other third party to discuss your 2004 Form

Internal Revenue Service Center, Cincinnati, OH 45999.

CT-1 with the IRS, check the “Yes” box in the Third Party

See Pub. 947 for more information.

Designee section of Form CT-1. Also, enter the designee’s

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Instructions For Form Ct-1 - Employer'S Annual Railroad Retirement Tax Return - 2004 Page 6

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