Instructions For Form 943-X - 2015 Page 7
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13Note. If you are correcting only the employer share of tax on
line 6 (column 3)
a decrease to Medicare wages, use .0145 (1.45%) when
x .124
(Use .104 for corrections to a 2011 or
multiplying the amount in column 3. If you are correcting both
2012 return.)
shares of tax for some employees and only the employer
line 6 (column 4)
If the amount in column 3 used a minus sign,
share for other employees, enter the properly calculated
also use a minus sign in column 4.
amount in column 4. Be sure to explain your calculations on
line 20.
Example—Medicare wages decreased. Following
Note. If you are correcting only the employer share of tax on
Example—Social security wages decreased in the
a decrease to social security wages, use .062 (6.2%) when
instructions for line 6, the wages that you counted twice were
multiplying the amount shown in column 3. If you are
also taxable Medicare wages. To correct the error, figure the
correcting both shares of tax for some employees and only
difference on Form 943-X as shown.
the employer share for other employees, enter the properly
calculated amount in column 4. Be sure to show your
calculations on line 20.
Column 1 (corrected amount)
7,000.00
Column 2 (Form 943, line 4)
- 9,000.00
Example—Social security wages decreased. You
Column 3 (difference)
- 2,000.00
reported $9,000 as social security wages on your 2014 Form
943, line 2. In December of 2015, you discover that you
included $2,000 in social security wages for one of your
Use the difference in column 3 to determine your tax
employees twice. To correct the error, figure the difference
correction.
on Form 943-X as shown.
Column 3 (difference)
-2,000.00
Column 1 (corrected amount)
7,000.00
Tax rate (2.9%)
x .029
Column 2 (Form 943, line 2)
- 9,000.00
Column 4 (tax correction)
-58.00
Column 3 (difference)
- 2,000.00
Be sure to explain the reasons for this correction on
Use the difference in column 3 to determine your tax
line 20.
correction.
8. Total Wages Subject to Additional Medicare
Column 3 (difference)
-2,000.00
Tax Withholding
Tax rate (12.4%)
x .124
Generally, you may correct errors to Additional Medicare Tax
Column 4 (tax correction)
-248.00
withholding only if you discovered the errors in the same
calendar year the wages were paid to employees. However,
you may correct errors to Additional Medicare Tax
Be sure to explain the reasons for this correction on
withholding for prior years if the amount reported on Form
line 20.
943, line 7, does not agree with the amount you actually
withheld. This type of error is an administrative error. You
Note. If the example above was for a correction to a 2011 or
may also correct errors to Additional Medicare Tax
2012 return, the amount in column 3 would be multiplied
withholding for prior years if section 3509 rates apply. If
by .104.
section 3509 rates apply, see the instructions for line 14,
7. Total Wages Subject to Medicare Tax
later.
If you are correcting the taxable Medicare wages you
If a prior year error was a nonadminstrative error, you may
reported on Form 943, line 4, enter the total corrected
correct only the wages subject to Additional Medicare Tax
amount in column 1. In column 2, enter the amount you
withholding that were originally reported on Form 943, line 6,
originally reported or as previously corrected. In column 3,
or previously corrected on Form 943-X. You cannot correct
enter the difference between columns 1 and 2.
the tax reported on Form 943, line 7.
Prior year administrative errors. If you are correcting the
line 7 (column 1)
wages subject to Additional Medicare Tax withholding that
- line 7 (column 2)
you reported on Form 943, line 6, enter the total corrected
line 7 (column 3)
If the amount in column 2 is larger than the
amount in column 1. In column 2, enter the amount you
amount in column 1, also use a minus sign in
originally reported or as previously corrected. In column 3,
column 3.
enter the difference between columns 1 and 2.
line 8 (column 1)
Multiply the amount in column 3 by .029 (2.9% tax rate)
- line 8 (column 2)
and enter that result in column 4.
line 8 (column 3)
If the amount in column 2 is larger than the
amount in column 1, also use a minus sign in
column 3.
line 7 (column 3)
x .029
line 7 (column 4)
If the amount in column 3 used a minus sign,
Multiply the amount in column 3 by .009 (0.9% tax rate)
also use a minus sign in column 4.
and enter that result in column 4.
-7-
Instructions for Form 943-X (Rev. 2-2015)
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