Instructions For Form 943-X - 2015


Instructions for Form 943-X
Department of the Treasury
Internal Revenue Service
(Rev. February 2015)
Adjusted Employer's Annual Federal Tax Return for Agricultural Employees or
Claim for Refund
Section references are to the Internal Revenue Code unless
qualified employer's tax credit on wages paid to qualified
otherwise noted.
employees March 19–31, 2010; and advance earned income
credit (EIC) payments expired on April 15, 2014, for most
Future Developments
employers. The lines formerly used for these corrections
were removed from Form 943-X. If the period of limitations
For the latest information about developments related to
for any of these corrections is still open, you will need to file
Form 943-X and its instructions, such as legislation enacted
the February 2014 revision of Form 943-X. The February
after they were published, go to
2014 revision of Form 943-X is available on
What's New
Retroactive increase in excludible transit benefits. The
Tax Increase Prevention Act of 2014 increased the monthly
Employee consents to support a claim for refund.
transit benefit exclusion from $130 per participating
Notice 2015-15 provides guidance to employers on the
employee to $250 per participating employee for the period
requirements for employee consents used by an employer to
of January 1, 2014, through December 31, 2014. Employers
support a claim for refund of overcollected social security tax
were provided instructions on how to correct the social
and Medicare tax. The notice and proposed revenue
security and Medicare taxes on the excess transit benefits in
procedure clarifies the basic requirements for a request for a
Notice 2015-2, 2015-4 I.R.B. 334, available at
consent and for the employee consent itself, and permits a
consent to be requested, furnished, and retained in an
electronic format as an alternative to a paper format. The
notice also requests comments and contains guidance
concerning what constitutes “reasonable efforts” if a consent
Correcting Additional Medicare Tax withholding.
is not secured to permit the employer to claim a refund of the
Beginning in 2013, wages subject to Additional Medicare Tax
employer share of overcollected social security tax and
withholding are reported on Form 943, line 6, and the
Medicare tax. For more information, see Notice 2015-15,
withholding is reported on line 7. Any errors discovered on a
2015-9 I.R.B. 687, available at
previously filed Form 943 are corrected on Form 943-X,
line 8. For more information about Additional Medicare Tax
withholding, see the Instructions for Form 943 and go to
Claiming the COBRA premium assistance credit. The and enter "Additional Medicare Tax" in the search
COBRA premium assistance credit was available to an
box. See the instructions for line 8, later, for more information
employer for premiums paid on behalf of employees who
on the types of errors that can be corrected and how the
were involuntarily terminated from employment between
correction is reported on Form 943-X.
September 1, 2008, and May 31, 2010. The COBRA
premium assistance credit is not available for individuals who
Social security tax rate for 2011 and 2012. In 2011 and
were involuntarily terminated after May 31, 2010. Therefore,
2012, the employee social security tax rate was 4.2% and the
only in rare circumstances, such as instances where COBRA
employer social security tax rate was 6.2% (10.4% total). Be
eligibility was delayed as a result of employer provided health
sure to use the correct rate when reporting corrections on
insurance coverage following termination, will the credit be
line 6.
available. If you are eligible to claim the credit, use Form
Correcting the COBRA premium assistance credit. For
943-X, lines 16a and 16b. Form 943-X should be filed after
tax periods ending before January 1, 2014, employers who
filing your Form 943. Filing a Form 943-X before filing a Form
made COBRA premium assistance payments for assistance
943 may result in errors or delays in processing your Form
eligible individuals were allowed a credit on their Form 943.
943-X. For more information, visit and enter
Any errors discovered on a previously filed Form 943 for this
"COBRA" in the search box.
credit are corrected on Form 943-X, lines 16a and 16b.
If you are entitled to claim the COBRA premium
Effective for tax periods beginning after December 31, 2013,
assistance credit, but are not otherwise required to
Form 943-X is used to both report the total COBRA premium
file Form 943, file a Form 943 with -0- entered on
assistance credit an employer is entitled to claim and correct
line 15 before filing a Form 943-X to claim the credit.
any previously reported credit. For more information, see the
instructions for lines 16a and 16b, later.
Period of limitations to make certain corrections ex-
pired. Generally, you may correct overreported taxes on a
previously filed Form 943 if you file Form 943-X within 3
years of the date Form 943 was filed or 2 years from the date
you paid the tax reported on Form 943, whichever is later.
For purposes of the period of limitations, Form 943 is
considered filed on April 15 of the succeeding year if filed
before that date.
The period of limitations to correct the qualified employer's
tax exemption on wages paid to qualified employees; the
Mar 02, 2015
Cat. No. 20333Q


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