Instructions For Schedule H (Form 1040) 2003

ADVERTISEMENT

Department of the Treasury
Note: This booklet does not
Internal Revenue Service
contain tax forms.
2003 Instructions for Schedule H (Form 1040)
Here is the information you need to fill in—
Household
Schedule H for figuring your household employment taxes.
Employers
Form W-2 for reporting wages paid to your employees.
Form W-3 for sending Copy A of Form W-2 to the Social Security Administration.
No household employees in 2003?
If you did not have any household employees in
2003, you do not have to file Schedule H (Form 1040) for 2003.
We have been asked—
Enter the taxes from Schedule H on the
What do I do after I fill in Schedule H?
“Household employment taxes” line of your Form 1040, 1040NR, 1040-SS, or 1041.
You do this because these taxes are added to your income taxes.
Where do I send Schedule H?
With your Form 1040, 1040NR, 1040-SS, or 1041. If
you are not filing a 2003 tax return, file Schedule H by itself.
No. You pay all the taxes to the United States Trea-
Do I make a separate payment?
sury, even the social security taxes.
When do I pay?
Most filers must pay by April 15, 2004.
How many copies of Form W-3 do I send to the Social Security Administration (SSA)?
Send one copy of Form W-3 with Copy A of Form(s) W-2 to the SSA, and keep one
copy of Form W-3 for your records.
Contents
Page
Important Dates!
The Basics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . H-1
By —
You must —
Who Needs To File Schedule H? . . . . . . . . . . . . . . . . . . H-1
February 2, 2004
Give your employee Form W-2
Who Needs To File Form W-2 and Form W-3? . . . . . . . . H-2
March 1, 2004
Send Copy A of Form W-2 with
Do You Have an Employer Identification Number
(March 31, 2004 if
Form W-3 to the Social Security
(EIN)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . H-2
you file
Administration
Can Your Employee Legally Work in the United
electronically)
States? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . H-2
April 15, 2004 (see
File Schedule H and pay your
What About State Employment Taxes? . . . . . . . . . . . . . . H-2
page H-2 for
household employment taxes with
When and Where To File . . . . . . . . . . . . . . . . . . . . . . . . H-2
exceptions)
your 2003 tax return
Schedule H . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . H-2
Form W-2 and Form W-3 . . . . . . . . . . . . . . . . . . . . . . . . H-3
The Basics
How To Fill In Schedule H, Form W-2, and Form
W-3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . H-3
Reminder
Schedule H . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . H-3
Form W-2 and Form W-3 . . . . . . . . . . . . . . . . . . . . . . . . H-4
If you must file a 2003 Form W-2, Wage and Tax Statement, for
any household employee, you must also send Form W-3, Transmit-
You Should Also Know . . . . . . . . . . . . . . . . . . . . . . . . . H-4
tal of Wage and Tax Statement, with Copy A of Form(s) W-2 to the
Social Security Administration.
What Is New for 2004 . . . . . . . . . . . . . . . . . . . . . . . . . . H-4
Estimated Tax Penalty . . . . . . . . . . . . . . . . . . . . . . . . . . H-4
Who Needs To File Schedule H?
What Records To Keep . . . . . . . . . . . . . . . . . . . . . . . . . H-5
What Is the Earned Income Credit (EIC)? . . . . . . . . . . . . H-5
You must file Schedule H (Form 1040) if you answer “Yes” to any
of the questions on lines A, B, or C.
Rules for Business Employers . . . . . . . . . . . . . . . . . . . . . H-5
State Disability Payments . . . . . . . . . . . . . . . . . . . . . . . . H-5
How To Get Forms and Publications . . . . . . . . . . . . . . . . H-5
Only Eight Lines for Most People!
Depending on your answers, you may find that you only
Completed Example of Schedule H, Form W-2, and
have to complete lines A, 1 through 4, 6, 8, and 9.
Form W-3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . H-5
H-1
Cat. No. 21451X

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 8