Form 44-095 - Withholding Quarterly Return - Iowa Department Of Revenue And Finance printable pdf download

Line-by-line Instructions for Completing Withholding Quarterly Return

Due Date: Quarterly returns are due the last day of the month following the end of the quarter.

Line 1: Withholding This Quarter – Enter the total tax withheld for the quarter. If no tax has been withheld, enter

zero on this line, sign and return this form.

Line 2: Less Monthly Deposits – Enter the amount of withholding tax deposited for the first two months of the

quarter.

Line 3: Less Adjustments – Enter any adjustments for prior periods. Submit an explanation of the error and identify

the period when the error(s) was made. Enter your total New Jobs Credit, Supplement Jobs Credit or Housing Assistance

Credit for the quarter here and identify the entry with the appropriate initials – NJC, SJC or HAC.

Line 4: Balance Due – Subtract line 2 and line 3 from line 1.

Line 5: Penalty – If you owe penalty, compute the penalty on the amount on line 4 and enter on line 5.

Line 6: Interest – If you owe interest, compute the interest on the amount on line 4 and enter on line 6.

Line 7: Amount Due – Add lines 4, 5 and 6. Make check payable to TREASURER-STATE OF IOWA.

Penalty for Failure to Timely File a Return or Deposit: A penalty of 10% of the tax due will be added for failure

to timely file a return or deposit if at least 90% of the correct amount of tax is not paid by the due date. The penalty can

only be waived under limited circumstances.

Penalty for Failure to Timely Pay the Tax Due or Penalty for Audit Deficiency: A penalty of 5% of the tax due

will be added if the return/deposit is mailed timely but 90% of the correct amount of tax is not paid by the due date. The

penalty can only be waived under limited circumstances.

If both penalties apply, only the failure to file penalty is charged.

Interest: Taxes payable during calendar year 2000 are subject to interest at a rate of 0.8% per month which accrues

on unpaid tax from the due date of the deposit or return. Any fraction of a month is considered a whole month for

purposes of computing interest. The interest rate varies on an annual basis.

Signature of Withholding Agent: The person signing the return must be the individual responsible for actually

withholding and remitting withholding taxes and can be held personally liable for unpaid taxes. The return must be

signed and dated to be complete.

Mail To: Iowa Department of Revenue and Finance, PO Box 10411, Des Moines IA 50306-0411.

Withholding Tax Guide: The current Iowa Withholding Tax Guide, dated January 1, 1998, and additional information

may be obtained by...

Web Site:

Tax Fax: 1-800-572-3943 to have forms faxed to you

Recorded Information: 1-800-351-4658 (Iowa only) or 515/281-4170

Telephone: 1-800-532-1531 (Iowa only) or 515/281-7239 to order forms and publications.

Taxpayer Services to talk to a tax specialist: 1-800-367-3388 (Iowa, Omaha, Rock Island/Moline) or 515/281-

3114 from out of state or Des Moines. Monday, Tuesday, Thursday: 8 a.m. - 4 p.m.; Wednesday, Friday: 9 a.m. - 4 p.m.

DETACH HERE

I OWA

Withholding Quarterly Return

d e p a r t m e n t o f R eve n u e a n d F i n a n c e

1. Total Tax

Withheld

This Quarter

2. This Quarter’s

Monthly

Deposits

3. Less

Employer ID Number

Period Ending

Adjustments/

Credits

4. Balance Due

Due Date

Subtract lines 2

and 3 from line 1.

5. Penalty

Name and Address

6. Interest

7. Amount Due

MAKE CHECK PAYABLE TO

Signature of Withholding Agent ___________________________ Date _________

TREASURER - STATE OF IOWA

Daytime Phone No.: ______________________

44-095a (10/99)

Form 44-095 - Withholding Quarterly Return - Iowa Department Of Revenue And Finance

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