Form 301-Ef - Application For Withholding E-File Tax Participation (Page 4 of 9) in pdf

Form 301-Ef - Application For Withholding E-File Tax Participation Page 4

Income Tax Withholding E-File

Page 4

What if the due date is on a weekend or holiday?

The due date falls to the next business day. For example, if the due date April 30 is a Sunday, the due date becomes

Monday, May 1.

PENALTY AND INTEREST

What happens if I don’t e-ﬁ le my return and payment by the due date?

The same penalty and interest provisions for paper returns and checks apply if you do not

e-ﬁ le, or e-ﬁ le after the due date. You will be billed the late charges.

What proof do I have to provide that I e-ﬁ led my return by the due date if I get a late

notice from your ofﬁ ce?

You will need to obtain a copy of the ACH credit transaction record, which will contain the date it as initiated from

your bank.

MULTIPLE TAX PERIODS/ACCOUNTS

Can more than one tax period for my account be e-ﬁ led in the same ACH credit transaction?

Yes, but only if your bank supports the CTX format. The CCD+TXP record format only allows for one addenda

record. The CTX format allows for multiple addenda records in one ACH credit transaction. The Ofﬁ ce of State

Tax Commissioner has limited the CTX format to 100 accounts or records. Please check with your bank if they can

handle the CTX format.

Can e-ﬁ ling more than one withholding account be done in the same ACH credit

transaction?

Yes. As with multiple tax periods, your bank must be able to support the CTX format, but you are limited to 100

accounts per ACH credit transaction.

ERRORS AND AMENDED RETURNS

I made an error when e-ﬁ ling my income tax withholding. How do I correct it?

If you owe additional income tax withholding, you can ﬁ le an amended ACH credit transaction. In the TXP addenda

record, be sure to enter the amended return code “A” in the ﬁ eld.

If you overpaid your income tax withholding, you will need to ﬁ le a paper amended return. To obtain a Form 306 to

amend your income tax withholding, please visit our web site at

What should I do if I need to pay additional money due to a notice or an assessment?

You will need to send a check for any payment you owe to us. You cannot use EFT to pay an income tax

withholding notice or assessment at this time.

Form 301-Ef - Application For Withholding E-File Tax Participation Page 4