Instructions For Form 943 - Employer'S Annual Federal Tax Return For Agricultural Employees - 2006 Page 4

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If you were a semiweekly schedule depositor during
Partnership (including an LLC treated as a partnership)
!
any part of the year, do not complete line 15.
or unincorporated organization — A responsible and duly
Instead, complete Form 943-A.
authorized member or officer having knowledge of its affairs.
CAUTION
Single member limited liability company (LLC) treated
Reporting adjustments on line 15. If your net adjustment
as a disregarded entity — The owner of the limited liability
during a month is negative (for example, correcting an
company (LLC).
overreported liability in a prior period) and it exceeds your
Trust or estate — The fiduciary.
total liability for the month, do not enter a negative amount
Form 943 may also be signed by a duly authorized agent
for the month. Instead, enter “-0-” for the month and carry
of the taxpayer if a valid power of attorney has been filed.
over the unused portion of the adjustment to the next month.
Alternative signature method. Corporate officers or
For example, Pine Tree Farm discovered on February 6,
duly authorized agents may sign Form 943 by rubber stamp,
2006, that it overreported social security tax on its 2005
mechanical device, or computer software program. For
Form 943 by $2,500. Its Form 943 taxes for the first 3
details and required documentation, see Rev. Proc.
months of 2006 were: January — $2,000; February — $2,000;
2005-39. You can find Rev. Proc. 2005-39 on page 82 of
and March — $2,000. Pine Tree Farm should complete
Internal Revenue Bulletin 2005-28 at
line 15 by entering “2,000” on line A, “-0-” on line B, and
irs-irbs/irb05-28.pdf.
“1,500” on line C.
The prior period adjustment ($2,500) offsets the $2,000
Privacy Act and Paperwork Reduction Act Notice. We
liability for February and the excess $500 must be used to
ask for the information on Forms 943, 943-A, and 943-V to
offset the March liabilities. Since the error was not
carry out the Internal Revenue laws of the United States.
discovered until February, it does not affect January
We need it to figure and collect the right amount of tax.
liabilities reported on line A.
Subtitle C, Employment Taxes, of the Internal Revenue
Additional information. Pub. 51 (Circular A) has
Code imposes employment taxes on wages, including
information that you may need about social security,
income tax withholding. These forms are used to report the
Medicare, federal unemployment (FUTA), withheld federal
amount of taxes that you owe. Section 6011 requires you to
income taxes, and the advance earned income credit. It
provide the requested information if the tax applies to you.
includes tables showing the federal income tax to withhold
Section 6109 requires you to provide your employer
from an employee’s wages.
identification number (EIN). If you fail to provide this
information in a timely manner, you may be subject to
Third-Party Designee. If you want to allow any individual,
penalties and interest.
corporation, firm, organization, or partnership to discuss
your 2006 Form 943 with the IRS, check the “Yes” box in the
You are not required to provide the information requested
Third-Party Designee section of the return. Also, enter the
on a form that is subject to the Paperwork Reduction Act
name, phone number, and any five numbers that the
unless the form displays a valid OMB control number. Books
designee chooses as his or her personal identification
or records relating to a form or its instructions must be
number (PIN). The authorization applies only to the tax form
retained as long as their contents may become material in
upon which it appears.
the administration of any Internal Revenue law.
By checking the “Yes” box, you are authorizing the IRS to
Generally, tax returns and return information are
speak with the designee to answer any questions relating to
confidential, as required by Code section 6103. However,
the information reported on your tax return. You are also
section 6103 allows or requires the Internal Revenue
authorizing the designee to:
Service to disclose or give the information shown on your
Exchange information concerning your tax return with the
return to others as described in the Code. For example, we
IRS and
may disclose your tax information to the Department of
Request and receive written tax return information relating
Justice for civil and criminal litigation, and to cities, states,
to your tax return including copies of specific notices,
and the District of Columbia for use in administering their tax
correspondence, and account transcripts.
laws. We may also disclose this information to federal and
state agencies to enforce federal nontax criminal laws, or to
You are not authorizing the designee to receive any
federal law enforcement and intelligence agencies to
refund check, bind you to anything (including additional tax
combat terrorism.
liability), or otherwise represent you before the IRS. If you
want to expand the designee’s authorization or desire
The time needed to complete and file these forms will
automatic issuances of copies of notices, see Pub. 947,
vary depending on individual circumstances. The estimated
Practice Before the IRS and Power of Attorney.
average time for Form 943 is: Recordkeeping, 10 hr., 31
min.; Learning about the law or the form, 40 min.; Preparing
The Third-Party Designee authorization is substantially
the form, 1 hr., 47 min.; Copying, assembling, and sending
equivalent to Form 8821, Tax Information Authorization, but
the form to the IRS, 16 min. The estimated average time for
automatically expires one year from the due date (without
Form 943-A is: Recordkeeping, 8 hr., 22 min.; Preparing
regard to extensions) for filing your 2006 Form 943. If you or
and sending the form to the IRS, 8 min. The estimated
your designee desire to terminate the authorization, a
average time for Form 943-V is 20 min. If you have
written statement conveying your wish to revoke the
comments concerning the accuracy of these time estimates
authorization should be submitted to the IRS service center
or suggestions for making these forms simpler, we would be
where the return was processed (see Where to file (without
happy to hear from you. You can write to the Internal
a payment) on page 2).
Revenue Service, Tax Products Coordinating Committee,
Who must sign. Form 943 must be signed as follows:
SE:W:CAR:MP:T:T:SP, 1111 Constitution Ave. NW,
Sole proprietorship — The individual who owns the
IR-6406, Washington, DC 20224. Do not send Form 943 to
business.
this address. Instead, see Where to file on page 2.
Corporation (including an LLC treated as a
corporation) — The president, vice president, or other
principal officer.
-4-

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