Instructions For Form 943-X - 2015 (Page 3 of 13) in pdf

date, or sent by an IRS-designated private delivery service

abatement on Form 943-X any time before the period of

on or before the due date. If you do not follow these

limitations on the credit or refund expires. If you also need to

guidelines, we will consider Form 943-X filed when it is

correct any underreported amounts, you must file another

actually received. See Pub. 51 (Circular A) for more

Form 943-X reporting only corrections to the underreported

information on legal holidays and IRS-designated private

amounts. See Is There a Deadline for Filing Form 943-X,

delivery services.

later.

You may not file a refund claim to correct federal

Underreported tax. If you are correcting underreported tax,

income tax or Additional Medicare Tax actually

you must file Form 943-X by the due date of the return for the

withheld from employees.

return period in which you discovered the error (January 31

CAUTION

of the following year) and pay the amount you owe by the

Is There a Deadline for Filing Form

time you file. Doing so will generally ensure that your

correction is interest free and not subject to failure-to-pay or

943-X?

failure-to-deposit (FTD) penalties. See What About Penalties

and Interest, later. For details on how to make a payment,

Generally, you may correct overreported taxes on a

see the instructions for line 17, later.

previously filed Form 943 if you file Form 943-X within 3

If Form 943-X is filed late (after the due date of the return

years of the date Form 943 was filed or 2 years from the date

for the return period in which you discovered the error), you

you paid the tax reported on Form 943, whichever is later.

must attach an amended Form 943-A to Form 943-X.

You may correct underreported taxes on a previously filed

Otherwise, the IRS may assess an “averaged” FTD penalty.

Form 943 if you file Form 943-X within 3 years of the date the

The total tax reported on Form 943-A, line M, must match the

Form 943 was filed. We call each of these time frames a

corrected tax (Form 943, line 11 (line 9 for calendar years

“period of limitations.” For purposes of the period of

2011 and 2012), combined with any correction reported on

limitations, Form 943 is considered filed on April 15 of the

Form 943-X, line 15) for the year, less any previous

succeeding calendar year if filed before that date.

abatements and interest-free tax assessments.

Example. You filed your 2012 Form 943 on January 25,

Example—You owe tax. On February 11, 2014, you

2013, and payments were timely made. The IRS treats the

discovered that you underreported $1,000 of social security

return as if it were filed on April 15, 2013. On January 22,

and Medicare wages on your 2013 Form 943. File Form

2016, you discovered that you overreported social security

943-X and pay the amount you owe by February 2, 2015,

and Medicare wages on that form by $10,000. To correct the

because you discovered the error in 2014 and February 2,

error, you must file Form 943-X by April 18, 2016, which is

2015, is the due date for that year. If you file Form 943-X

the end of the period of limitations, and use the claim

before February 2, 2015, pay the amount you owe when you

process.

file.

If you file Form 943-X to correct overreported

Form 943-X cannot be used to correct

amounts in the last 90 days of a period of limitations,

underreported amounts of Additional Medicare Tax

you must use the claim process. You cannot use the

CAUTION

unless the amounts were withheld from employee

adjustment process. If you are also correcting underreported

CAUTION

wages.

amounts, you must file another Form 943-X to correct the

underreported amounts using the adjustment process and

Overreported tax—adjustment process. If you

pay any tax due.

overreported tax and choose to apply the credit to Form 943,

Where Should You File Form 943-X?

file an adjusted return on Form 943-X soon after you discover

the error but more than 90 days before the period of

limitations on the credit or refund for Form 943 expires. See

Send your completed Form 943-X to the address shown

Is There a Deadline for Filing Form 943-X, later.

below.

Form 943-X cannot be used to correct overreported

amounts of Additional Medicare Tax unless the

IF you are in . . .

THEN use this address . . .

amounts were not withheld from employee wages.

Connecticut, Delaware, District of

CAUTION

Columbia, Florida, Georgia, Illinois,

Example—You want your credit applied to Form 943.

Indiana, Kentucky, Maine,

You filed your 2014 Form 943 on February 2, 2015, and

Maryland, Massachusetts,

Department of the Treasury

payments were timely made. On May 1, 2015, you discover

Michigan, New Hampshire, New

Internal Revenue Service

that you overreported tax on your 2014 Form 943. You file

Jersey, New York, North Carolina,

Cincinnati, OH 45999-0008

Form 943-X on June 2, 2015. The IRS treats your credit as a

Ohio, Pennsylvania, Rhode Island,

South Carolina, Tennessee,

tax deposit made on January 1, 2015. When you file your

Vermont, Virginia, West Virginia,

2015 Form 943, include the amount from Form 943-X,

Wisconsin

line 17, on the “Total deposits” line of your 2015 Form 943.

Alabama, Alaska, Arizona,

If you reduced your deposits by the amount of the

Arkansas, California, Colorado,

COBRA premium assistance credit that will be

Hawaii, Idaho, Iowa, Kansas,

reflected on your Form 943-X, do not use the

Louisiana, Minnesota, Mississippi,

Department of the Treasury

CAUTION

adjustment process to claim the COBRA premium assistance

Missouri, Montana, Nebraska,

Internal Revenue Service

Nevada, New Mexico, North

Ogden, UT 84201-0008

credit. Use the claim process. See the instructions for lines

Dakota, Oklahoma, Oregon, South

16a and 16b, later.

Dakota, Texas, Utah, Washington,

Wyoming

Overreported tax—claim process. If you overreported tax

on Form 943, you may choose to file a claim for refund or

-3-

Instructions for Form 943-X (Rev. 2-2015)

Instructions For Form 943-X - 2015 Page 3

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