Form Ct-2 - Employee Representative'S Quarterly Railroad Tax Return Page 3
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Form CT-2 (Rev. 1-2017)
Page
Compensation is considered paid when actually paid or when
Paid preparer. A paid preparer must sign Form CT-2 and
constructively paid. Constructively paid means that the pay (a)
provide the information in the Paid Preparer Use Only section if
has been credited to the employee representative’s account or
the preparer was paid to prepare Form CT-2 and isn’t an
set apart with no substantial limit or condition on how or when
employee of the filing entity. Paid preparers must sign paper
returns with a manual signature. The preparer must give you the
the payment will be made and (b) is available to draw on at any
time and to control.
original return and duplicate copy to be filed with the IRS and
another copy of the return for your records.
Specific Instructions
If you’re a paid preparer, enter your Preparer Tax
Identification Number (PTIN) in the space provided. Include your
If you perform services as both an employee representative and
complete address. If you work for a firm, write the firm’s name
an employee and your total pay for these services is more than
and the EIN of the firm. You can apply for a PTIN online or by
the applicable maximum (see Line 1 and Line 4, later), then for
filing Form W-12. For more information about applying for a
lines 1 and 4 subtract your pay as an employee from the
PTIN online, visit the IRS website at You can’t
maximum to determine the amount subject to the employee
use your PTIN in place of the EIN of the tax preparation firm.
representative’s tax.
Privacy Act and Paperwork Reduction Act Notice. We ask for
Line 1. Multiply the compensation subject to Tier 1 tax by
the information on Form CT-2 to carry out the Internal Revenue
12.4% (0.124). This tax applies only to the first $127,200 paid to
laws of the United States. We need it to figure and collect the
you during 2017 for services performed as an employee
right amount of tax. Section 3211 and section 6011 and their
representative.
regulations require employee representatives to report and pay
Line 2. Multiply the compensation subject to Tier 1 Medicare
over to the IRS railroad retirement taxes (Tier 1, Tier 2, Tier 1
tax by 2.9% (0.029). This tax applies to all compensation paid
Medicare tax, and Additional Medicare Tax). Form CT-2 is used
to you during 2017 for services performed as an employee
to determine the amount of such taxes that you owe. Section
representative.
6109 requires you to provide your identification numbers. If you
Line 3. Multiply the compensation subject to Tier 1 Additional
fail to provide this information in a timely manner, or provide
Medicare Tax by 0.9% (0.009). This tax applies only to
false or fraudulent information, you may be subject to penalties.
compensation that exceeds $200,000.
You’re not required to provide the information requested on a
Line 4. Multiply the compensation subject to Tier 2 tax by
form that is subject to the Paperwork Reduction Act unless the
13.1% (0.131). This tax applies only to the first $94,500 paid to
form displays a valid OMB control number. Books and records
you during 2017 for services performed as an employee
relating to a form or its instructions must be retained as long as
representative.
their contents may become material in the administration of any
Internal Revenue law.
Line 5. Enter a credit for an overpayment of tax, penalty, or
interest you overpaid for an earlier quarter. Attach two copies of
Generally, tax returns and return information are confidential,
a detailed statement explaining the credit claimed. However,
as required by section 6103. However, section 6103 allows or
don't include a credit for an overpayment of Additional Medicare
requires the IRS to disclose or give the information shown on
Tax for an earlier year. Any Additional Medicare Tax paid will be
your tax return to others as described in the Code. For example,
credited against the total tax liability shown on your Form 1040,
we disclose your tax information to the Railroad Retirement
U.S. Individual Income Tax Return. If you have filed Form 1040
Board for use in administering the Railroad Retirement Act, and
for the earlier year, you should make a claim for refund for
we may disclose your tax information to the Department of
Additional Medicare Tax paid using Form 1040X, Amended U.S.
Justice for civil and criminal litigation, and to cities, states, the
Individual Income Tax Return.
District of Columbia, and U.S. commonwealths and possessions
for use in administering their tax laws. We may also disclose this
Line 6. You may pay the amount shown on line 6 using the
information to other countries under a tax treaty, to federal and
Electronic Federal Tax Payment System (EFTPS) or by check or
state agencies to enforce federal nontax criminal laws, or to
money order. To get more information about EFTPS or to enroll
federal law enforcement agencies and intelligence agencies to
in EFTPS, visit , or call 1-800-555-4477 or
combat terrorism.
1-800-733-4829 (TDD). Additional information about EFTPS is
also available in Pub. 966.
The time needed to complete and file Form CT-2 will vary
depending on individual circumstances. The estimated average
If you pay by check or money order, make it payable to
time is: Recordkeeping, 13 min.; Learning about the law or
“United States Treasury.” Enter on your check or money order
the form, 13 min.; Preparing the form, 26 min.; Copying,
your social security number (SSN), “Form CT-2,” and the
assembling, and sending the form to the IRS, 16 min.
quarter (for example, “1Q 2017” for the first quarter of 2017).
If you have comments concerning the accuracy of these time
Signature. You or your authorized agent must sign the
estimates or suggestions for making Form CT-2 simpler, we
ORIGINAL copy of Form CT-2.
would be happy to hear from you. You can send us comments
Name, address, etc. Type or print your name, address, SSN,
from You may also mail your
and the name of the labor organization for which you perform
comments to Internal Revenue Service, Tax Forms and
services.
Publications Division, 1111 Constitution Ave. NW, IR-6526,
Washington, DC 20224. Don’t send Form CT-2 to this address.
Return for calendar quarter. Enter the months of the quarter
Instead, see Where To File, earlier.
and the year of the return. For example, show the first quarter of
2017 as “Jan., Feb., Mar. 2017.”
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