Fillable Form 943-A - Agricultural Employer'S Record Of Federal Tax Liability (Page 3 of 4) in pdf

Form 943-A (Rev. 10-2017)

Page

Specific Instructions

Future Developments

For the latest information about developments related to Form 943-A

Enter your business information. Carefully enter your employer

and its instructions, such as legislation enacted after they were

identification number (EIN) and name at the top of the form. Make

published, go to

sure that they exactly match the name of your business and the EIN

that the IRS assigned to your business and also agree with the

What's New

name and EIN shown on the attached Form 943 or Form 943-X.

Adjusting tax liability for the qualified small business payroll tax

Calendar year. Enter the calendar year of the Form 943 or Form

credit for increasing research activities. For 2017 and

943-X to which Form 943-A is attached.

subsequent years, you must account for any qualified small

Enter your tax liability by month. Enter your tax liabilities in the

business payroll tax credit for increasing research activities that you

spaces that correspond to the dates you paid wages to your

reported on Form 943, line 12, when reporting your liabilities on

employees, not the date payroll liabilities were accrued or deposits

Form 943-A. The total liability for the year must equal Form 943, line

were made. The total tax liability for the year (line M) must equal

13. Failure to account for the amount reported on Form 943, line 12,

total taxes after adjustments and credits on Form 943 (line 13).

may cause Form 943-A to report more than the total taxes after

Enter the monthly totals on lines A, B, C, D, E, F, G, H, I, J, K, and L.

adjustments and credits reported on Form 943, line 13.

Enter the total for the year on line M.

The qualified small business payroll tax credit for increasing

For example, if your payroll period ended on December 31, 2016,

research activities applies to the employer share of social security

and you paid the wages for that period on January 7, 2017, you

tax on wages paid in the quarter that begins after the income tax

would:

return electing the credit has been filed. In completing Form 943-A,

you take into account the payroll tax credit against your liability for

• Go to January on Form 943-A filed with your 2017 Form 943, and

the employer share of social security tax starting with the first

• Enter your tax liability on line 7 because line 7 represents the

payroll payment of the quarter that includes payments of wages to

seventh day of the month.

your employees that are subject to social security tax. Don't reduce

your daily tax liability reported on Form 943-A below zero. For more

Make sure you have checked the appropriate box

information, see the line 17 instructions in the Instructions for Form

TIP

below line 16 of Form 943 to show that you're a

943.

semiweekly schedule depositor.

Reminders

Here are some additional examples.

Reporting prior period adjustments. Prior period adjustments are

• Cedar Co. is a semiweekly schedule depositor. Cedar Co.

reported on Form 943-X, Adjusted Employer’s Annual Federal Tax

accumulated a federal tax liability of $3,000 on its January 11 and

Return for Agricultural Employees or Claim for Refund, and aren't

January 25 paydays. In the January column, Cedar Co. must enter

taken into account when figuring the tax liability for the current year.

$3,000 on lines 11 and 25.

When you file Form 943-A with your Form 943, don't change

• Fir Co. is a semiweekly schedule depositor who paid wages in

your current year tax liability by adjustments reported on any Forms

October, November, and December on the last day of the month.

943-X.

On December 24, 2017, Fir Co. also paid its employees year-end

Amended Form 943-A. If you have been assessed a

bonuses (subject to employment taxes). Because Fir Co. is a

failure-to-deposit (FTD) penalty, you may be able to file an amended

semiweekly schedule depositor, it must record employment tax

Form 943-A. See Correcting Previously Reported Tax Liability, later.

liabilities on Form 943-A.

Month

Lines for dates wages were paid

General Instructions

Purpose of form. Use Form 943-A to report your tax liability

October

line 31 (payday, last day of the month)

(federal income tax withheld plus both employee and employer

social security and Medicare taxes). Your tax liability is based on

November

line 30 (payday, last day of the month)

the dates wages were paid. Don't show federal tax deposits here.

lines 24 (bonus paid) + 31 (payday, last day of the

December

Don't report taxes on wages paid to nonfarm workers on this

month)

form. Taxes on wages paid to nonfarm workers are reported on

Form 941/941-SS, Employer’s QUARTERLY Federal Tax Return, or

• Elm Co. is a new business and monthly schedule depositor for

Form 944, Employer’s ANNUAL Federal Tax Return. Don't attach

2017. Elm Co. pays wages every Friday. Elm Co. incurred a $2,000

Form 943-A to your Form 941/941-SS or Form 944. Instead, use

employment tax liability on October 6, 2017. Elm Co. incurred a

Schedule B (Form 941) or Form 945-A, Annual Record of Federal

$110,000 tax liability on October 13, 2017, and on every

Tax Liability (with Form 944).

subsequent Friday during 2017. Under the deposit rules, employers

become semiweekly schedule depositors on the day after any day

Caution: The IRS uses Form 943-A to determine if you have timely

they accumulate $100,000 or more of tax liability in a deposit

deposited your Form 943 tax liabilities. If you're a semiweekly

period.

schedule depositor and you don't properly complete and file

Form 943-A with Form 943, the IRS may propose an “averaged”

Because Elm Co. had an accumulated tax liability of $112,000 on

FTD penalty. See Deposit Penalties in section 7 of Pub. 51,

October 13, 2017, it became a semiweekly schedule depositor on

Agricultural Employer's Tax Guide, for more information.

October 14, 2017, and must complete Form 943-A and file it with

Form 943. No entries should be made on Form 943, line 17, even

Who must file. Semiweekly schedule depositors must complete

though Elm Co. was a monthly schedule depositor until October 14,

and file Form 943-A with Form 943. Monthly schedule depositors

2017.

who accumulate $100,000 or more of tax liability on any day of a

calendar month become semiweekly schedule depositors on the

Month

Lines for dates wages were paid

Amount to record

next day and remain so for at least the remainder of the year and for

the next year, and must also complete and file Form 943-A for the

October

line 6

$2,000

entire year. Don't file Form 943-A if you were a monthly schedule

depositor for the entire year or if your total taxes after adjustments

October

lines 13, 20, 27

$110,000

and credits for the year (Form 943, line 13) are less than $2,500.

November

lines 3, 10, 17, 24

$110,000

Note: If you use Form 943-A, don't complete Form 943, line 17.

When to file. File Form 943-A with your Form 943 every year when

December

lines 1, 8, 15, 22, 29

$110,000

Form 943 is due. See the Instructions for Form 943 for due dates.

See section 7 of Pub. 51 for more information.

Form 943-A - Agricultural Employer'S Record Of Federal Tax Liability Page 3

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