Instructions For Form Ct-1 - 2016 printable pdf download

2016

Department of the Treasury

Internal Revenue Service

Instructions for Form CT-1

Employer's Annual Railroad Retirement Tax Return

Section references are to the Internal Revenue Code unless

1-800-555-4477 or 1-800-733-4829 (TDD). Additional

otherwise noted.

information about EFTPS is also available in Pub. 966.

Future Developments

Outsourcing payroll duties. You’re responsible to ensure

that tax returns are filed and deposits and payments are

For the latest information about developments related to

made, even if you contract with a third party to perform these

Form CT-1 and its instructions, such as legislation enacted

acts. You remain responsible if the third party fails to perform

after they were published, go to

any required action. If you choose to outsource any of your

What's New

payroll and related tax duties (that is, withholding, reporting,

and paying over income taxes and taxes imposed by the

Railroad Retirement Tax Act) to a third-party payer, such as a

Changes to tax rates and compensation bases. For the

payroll service provider or reporting agent, visit IRS.gov and

2016 tax rates and compensation bases, see Employer and

enter “outsourcing payroll duties” in the search box for helpful

Employee Taxes, later.

information on this topic.

Reminders

Paid preparers must sign Form CT-1. Paid preparers

must complete and sign the paid preparer's section of Form

Tier 1 Employee Additional Medicare Tax withholding.

CT-1.

In addition to withholding Tier 1 Employee Medicare tax at

1.45%, you must withhold a 0.9% Tier 1 Employee Additional

Where can you get telephone help? You can call the IRS

Medicare Tax from compensation you pay to an employee in

Business and Specialty Tax Line at 1-800-829-4933 or

excess of $200,000 in a calendar year. You’re required to

1-800-829-4059 (TDD/TTY for persons who are deaf, hard of

begin withholding Tier 1 Employee Additional Medicare Tax

hearing, or have a speech disability) Monday–Friday from

in the pay period in which you pay compensation in excess of

7:00 a.m. to 7:00 p.m. local time (Alaska and Hawaii follow

$200,000 to an employee and continue to withhold it each

Pacific time) for answers to your questions about completing

pay period until the end of the calendar year. Tier 1

Form CT-1 or tax deposit rules.

Employee Additional Medicare Tax is only imposed on the

Additional information.

employee. There is no employer share of Tier 1 Additional

Pub. 15 contains information for withholding, depositing,

Medicare Tax. All compensation that is subject to Tier 1

reporting, and paying over employment taxes.

Medicare tax is subject to Tier 1 Employee Additional

Pub. 15-A contains specialized and detailed employment

Medicare Tax withholding if paid in excess of the $200,000

tax information supplementing the basic information provided

withholding threshold.

in Pub. 15.

Visit IRS.gov and enter “Additional Medicare Tax” in the

Pub. 15-B contains information about the employment tax

search box for more information on Tier 1 Employee

treatment of various types of noncash compensation.

Additional Medicare Tax.

Pub. 915 contains the federal income tax rules for social

Change of address. Use Form 8822-B to notify the IRS of

security benefits and equivalent Tier 1 railroad retirement

an address change.

benefits.

The Railroad Retirement Board (RRB) website at

Correcting a previously filed Form CT-1. If you discover

contains additional employer reporting

an error on a previously filed Form CT-1, make the correction

information and instructions.

using Form CT-1 X. Form CT-1 X is filed separately from

Form CT-1. For more information, see the Instructions for

How to get forms and publications. You can download or

Form CT-1 X or visit IRS.gov and enter “correcting

print some of the forms and publications you may need on

employment taxes” in the search box.

Otherwise, you can go to

to place an order and have forms

Federal tax deposits must be made by electronic funds

mailed to you. You should receive your order within 10

transfer (EFT). You must use EFT to make all federal tax

business days.

deposits. Generally, an EFT is made using the Electronic

Photographs of Missing Children

Federal Tax Payment System (EFTPS). If you don't want to

use EFTPS, you can arrange for your tax professional,

The IRS is a proud partner with the National Center for

financial institution, payroll service, or other trusted third party

Missing and Exploited Children. Photographs of missing

to make electronic deposits on your behalf. Also, you may

children selected by the Center may appear in instructions on

arrange for your financial institution to initiate a same-day

pages that would otherwise be blank. You can help bring

wire payment on your behalf. EFTPS is a free service

these children home by looking at the photographs and

provided by the Department of Treasury. Services provided

calling 1-800-THE-LOST (1-800-843-5678) if you recognize

by your tax professional, financial institution, payroll service,

a child.

or other third party may have a fee.

To get more information about EFTPS or to enroll in

EFTPS, visit the EFTPS website at , or call

Nov 01, 2016

Cat. No. 16005H

Instructions For Form Ct-1 - 2016

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