Publication 80 - Federal Tax Guide (Circular Ss) - Internal Revenue Service - 2012 Page 2
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25equivalent form of compensation. Social security and
CNMI is transitioning to full implementation of U.S. immi-
Medicare taxes apply to election workers who are paid
gration law, a new Commonwealth Only Transitional
$1,500 or more in cash or an equivalent form of compensa-
Worker (CW) visa classification is available for workers in
tion.
the CNMI. Workers on the CW visa, including those from
the Philippines, are not exempt from social security and
At the time this publication was prepared for re-
Medicare taxes. Unless temporary workers in the CNMI
!
lease, the rate for the employee’s share of social
are eligible for an exemption from social security and
security tax was 4.2% and scheduled to increase
CAUTION
Medicare taxes based on some other circumstances (for
to 6.2% for wages paid after February 29, 2012. However,
example, a Filipino resident holding a valid U.S. H-2 visa),
Congress was discussing an extension of the 4.2% em-
employers are required to withhold and pay social security
ployee tax rate for social security beyond February 29,
and Medicare taxes.
2012. Check for updates at
Change of address. Beginning in 2012, employers must
Form 944-SS discontinued. Form 944-SS will no longer
use new Form 8822-B, Change of Address—Business, for
be issued by the IRS after 2011. Beginning with tax year
any address change.
2012, employers who previously filed Form 944-SS will
continue to file annually on Form 944, Employer’s AN-
NUAL Federal Tax Return (or Form 944(SP), the Spanish
Reminders
language equivalent to Form 944). Alternatively, taxpayers
may request to begin quarterly filing Forms 941-SS, Em-
ployer’s QUARTERLY Federal Tax Return—American
Commonwealth of the Northern Mariana Islands
Samoa, Guam, the Commonwealth of the Northern Mari-
(CNMI) income taxes. The U.S. Treasury Department
ana Islands, and the U.S. Virgin Islands. For more informa-
and the (CNMI) Division of Revenue and Taxation entered
tion, see the 2012 Instructions for Form 944.
into an agreement under 5 USC 5517 in December 2006.
To request to file quarterly Forms 941-SS to report your
Under this agreement, all federal employers with person-
social security and Medicare taxes for the 2012 calendar
nel resident in CNMI (including the Department of De-
year, you must either call the IRS at 1-800-829-4933 (U.S.
fense) are required to withhold CNMI income taxes (rather
Virgin Islands only), or 267-941-1000 (toll call) by April 2,
than federal income taxes) and deposit the CNMI taxes
2012, or send a written request postmarked on or before
with the CNMI Treasury. Federal employers are also re-
March 15, 2012. After you contact the IRS, the IRS will
quired to file quarterly and annual reports with the CNMI
send you a written notice that your filing requirement has
Division of Revenue and Taxation. For questions, contact
been changed. If you do not receive this notice, you must
the CNMI Division of Revenue and Taxation.
file Form 944 for calendar year 2012. For more informa-
tion, see What if you want to file Forms 941-SS instead of
Credit card and debit card payments. For information
Form 944, in the 2011 Instructions for Form 944-SS.
on paying your taxes with a credit or debit card, visit the
IRS website at You may not use a
Some of the topics discussed in this publication
!
credit card or debit card to pay taxes that are required to be
are for actions taken in 2012 that are related to
deposited.
your 2011 Form 944-SS. Other topics are for
CAUTION
actions taken in 2012 that are related to your 2012 tax
Electronic filing and payment. Using electronic options
return. For simplicity, all references to Form 944-SS have
can make filing a return and paying your federal tax easier.
been retained. References to specific lines on Form
Use the Electronic Federal Tax Payment System (EFTPS)
944-SS also apply to Form 944.
to make deposits or pay in full, whether you rely on a tax
professional or prepare your own taxes. You can use IRS
VOW to Hire Heroes Act of 2011. On November 21,
e-file to file certain returns. If there is a balance due on the
2011, the President signed into law the VOW to Hire
return, you can e-file and e-pay in a single step by authoriz-
Heroes Act of 2011. This new law provides an expanded
ing an electronic funds withdrawal from your bank account
work opportunity tax credit to businesses that hire eligible
while e-filing. Visit the IRS website at
for
unemployed veterans and for the first time also makes part
more information on filing electronically.
of the credit available to tax-exempt organizations. Busi-
•
nesses claim the credit as part of the general business
For EFTPS, visit
or call EFTPS Cus-
credit and tax-exempt organizations claim it against their
tomer Service at 1-800-555-4477 (U.S. Virgin Is-
payroll tax liability. The credit is available for eligible unem-
lands only) or 303-967-5916 (toll call).
ployed veterans who begin work on or after November 22,
•
For electronic filing of Forms W-2AS, W-2CM,
2011, and before January 1, 2013. More information about
W-2GU, W-2VI, W-3SS, and W-2c, visit
the credit against a tax-exempt organization’s payroll tax
liability will be available early in 2012 at
COBRA premium assistance credit. The credit for CO-
FUTA tax rate for 2012. The FUTA tax rate is 6.0% for
BRA premium assistance payments applies to premiums
2012.
paid for employees involuntarily terminated between Sep-
tember 1, 2008 and May 31, 2010, and to premiums paid
Commonwealth of the Northern Mariana Islands
for up to 15 months. See COBRA premium assistance
(CNMI) Filipino workers and new Commonwealth Only
credit in Publication 15 (Circular E) (For use in 2012). You
Transitional Worker (CW) visa classification. Filipino
can get Publication 15 (Circular E) at IRS.gov.
residents admitted to the Commonwealth of the Northern
Federal tax deposits must be made by electronic funds
Mariana Islands (CNMI) are not treated as exempt from
transfer. You must use electronic funds transfer to make
social security and Medicare taxes on the basis of holding
a work permit under CNMI immigration law. While the
all federal tax deposits. Generally, electronic fund transfers
Page 2
Publication 80 (2012)
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