Instructions For Form 943-X - 2015 (Page 9 of 13) in pdf

9. Federal Income Tax Withheld

10. Tax Adjustments

If you are correcting the federal income tax withheld from

Do not enter an amount on line 10 unless you need to

wages that you reported on Form 943, line 8 (line 6 for years

correct any adjustments reported on Form 943, line 10

ending before January 1, 2013), enter the total corrected

(line 8 for years ending before January 1, 2013). Amounts

amount in column 1. In column 2, enter the amount you

reported on line 10 reflect corrections of amounts misstated

originally reported or as previously corrected. In column 3,

on Form 943, line 10 (line 8 for years ending before January

enter the difference between columns 1 and 2.

1, 2013). See Example—Adjustment for third-party sick pay

underreported below.

line 9 (column 1)

Enter the corrected amount for tax adjustments in column

- line 9 (column 2)

1. Enter the originally reported or previously corrected

amount from Form 943, line 10 (line 8 for years ending before

line 9 (column 3)

If the amount in column 2 is larger than the

amount in column 1, use a minus sign in

January 1, 2013), in column 2. In column 3, enter the

column 3.

difference between columns 1 and 2.

line 10 (column 1)

Copy the amount in column 3 to column 4. Include any

- line 10 (column 2)

minus sign shown in column 3.

line 10 (column 3)

Generally, you may correct federal income tax

withholding errors only if you discovered the errors

in the same calendar year you paid the wages.

You may need to report negative numbers in any

CAUTION

However, you may correct errors to federal income tax

column. Make sure that the difference you enter in

TIP

withholding for prior years if the amount reported on Form

column 3 accurately represents the change to

943 does not agree with the amount you actually withheld.

adjustments originally reported or previously corrected on

This type of error is an administrative error. You may also

Form 943, line 10 (line 8 for years ending before January 1,

correct errors to federal income tax withholding for prior

2013).

years if section 3509 rates apply. See section 9 of Pub. 51

(Circular A) for more information about corrections during the

Copy the amount in column 3 to column 4. Include any

calendar year and about administrative errors. If section 3509

minus sign shown in column 3.

rates apply, see the instructions for line 11, later.

On line 20, describe what you misreported on Form 943.

Tell us if your adjustment is for fractions of cents, third-party

Example—Failure to withhold income tax when

sick pay, or group-term life insurance.

required. You were required to withhold $400 of federal

income tax from an employee bonus that was paid in

Example—Adjustment for third-party sick pay

December of 2014 but you withheld nothing. You discovered

underreported. You reported $6,900 (shown as

the error on March 17, 2015. You cannot file Form 943-X to

“–6,900.00”) as a third-party sick pay adjustment (reduction

correct your 2014 Form 943 because the error involves a

to tax) on your 2014 Form 943, line 10. Your third-party sick

previous year and the amount previously reported for the

pay adjustment should have been $9,600 (shown as “–

employee represents the actual amount withheld from the

9,600.00”) because your third-party sick pay payer withheld

employee during 2014.

that amount of social security and Medicare taxes from your

employees. You discovered the error in April of 2015. To

Example—Administrative error reporting income tax.

You had three employees. In 2014, you withheld $1,000 of

correct the error, figure the difference on Form 943-X as

federal income tax from Employee A, $2,000 from Employee

shown.

B, and $6,000 from employee C. The total amount of federal

income tax you withheld was $9,000. You mistakenly

Column 1 (corrected amount)

-9,600.00

reported $6,000 on your 2014 Form 943, line 8. You

Column 2 (Form 943, line 10)

- (6,900.00)

discovered the error on March 17, 2015. This is an example

Column 3 (difference)

-2,700.00

of an administrative error that may be corrected in a later

calendar year because the amount actually withheld from

employees' wages differs from the amount reported on Form

Here is how you would enter the numbers on Form 943-X.

943. Use Form 943-X to correct the error. Enter $9,000 in

column 1 and $6,000 in column 2. Subtract the amount in

Column 1

Column 2

Column 3

column 2 from the amount in column 1.

(corrected amount)

(Form 943, line 10)

(difference)

-9,600.00

-6,900.00

-2,700.00

Column 1 (corrected amount)

9,000.00

Column 2 (Form 943, line 8)

- 6,000.00

Column 3 (difference)

3,000.00

Report “–2,700.00” as your correction in column 4.

In this example, you are claiming a credit for $2,700 in

overreported tax for your 2014 Form 943. Always enter the

Report the 3,000.00 as a tax correction in column 4.

same amount in column 4 (including any minus sign) that you

Be sure to explain the reasons for this correction on

enter in column 3.

line 20.

Be sure to explain the reasons for this correction on

line 20.

-9-

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

Instructions For Form 943-X - 2015 Page 9

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