× Success! Thank You for Downloading Form 941 Excel Template from TaxBandits! Please check your email now! E-File Form 945 Online Instantly File Form 945 online in three simple steps using TaxBandits, an IRS-authorized software, to report federal income tax withheld from nonpayroll payments. E-File 945 Now See how to file 945 online Why E-File Form 945 with TaxBandits? Includes 945-A, & 945-V Built-in error checks to ensure accurate filing Multiple payment options to pay tax due AI-powered assistance & world-class support Powerful PRO Features for Tax Professionals Bulk Upload Client Data Using Excel Advanced Client & Team Management Tools Effortlessly E-Sign Form 8453-EMP / 8879-EMP Managing payroll for your business just got easier—TaxBandits now offers it for FREE! Get started today Make Your Filing Simple and Secure With Our Tailored Features Simplify Your 945 Filing with Effortless Features for a Hassle-Free Experience. Internal Audit Check Automatically validate your return for errors, ensuring accurate filing and compliance with IRS business rules. Includes Form 945-A If you're a semiweekly depositor, attach Form 945-A along with your 945 return to report tax liability at no extra cost. Includes Form 945-V Your payment voucher will be automatically generated. Simply attach it to your check or money order for tax payments. Free Online Signature PIN Sign your return with a 94x Online Signature PIN. If you don’t have one, request it for free using TaxBandits. Integrated Form 8453-EMP Our software includes Form 8453-EMP, enabling quick and efficient e-signing of your 945 return, saving you time. Option for Due Payments TaxBandits provides several payment options for your tax due: EFTPS, credit/debit cards, EFW, and check/money orders. Instant Status Updates Get instantly notified about your return status via email or text once the IRS processes your return. Supports Prior-Year Filing You can file Form 945 online for the current (2024) and prior years (2023 and 2022) using TaxBandits. Over 100,000 businesses trust TaxBandits to stay compliant every year. Start Filing Now Exclusive PRO Features Crafted for Tax Professionals Unlock Seamless 945 Filing for Unlimited Clients! Team Management Collaborate with your team to manage client filings by inviting them and assigning specific roles to streamline the process. Integrated Multi E-Sign Streamline your 8453-EMP/8879-EMP signature process! Send e-sign requests to multiple clients and e-sign them all with a single click. Automate Using API Automate your 945 filings seamlessly by integrating our developer-friendly API into your existing software or portal to streamline the process. Volume Based Pricing Maximize your savings with our volume-based pricing. Contact our support team for personalized pricing options that fit your needs! Schedule a Demo Get Started Now Pricing to File Form 945 Online Meet your 945 compliance at affordable pricing. Includes Form 945-A, 8453-EMP, 945-V 7 years of record keeping Request Online Signature PIN from the IRS Timely deadline reminders Phone, email & live chat support $5.95 /Form View our volume-based Pricing Save More on Your 945 Filing Our Customer Testimonials See What Our Customers Are Saying – Real Stories, Real Satisfaction! K Kevin Currid Generally, I love working with this program. Overall this is far superior to mailing paper copies and is very convenient. Consider me a satisfied customer! L Lila James WOW! Never have I had the personal service I received today. Jeff Thompson is wonderful! My computer skills are terrible. He walked me through the filing process with the patience of Jobe. Every online business should have a Jeff Thompson. I always attend the IRS national forum yearly and I will praise your business to all thousands in attendance. J Jacqueline Mathusek Quick and easy. downloaded spreadsheet was also easy to use. Will use again next year. Easy, user friendly, and showed my errors immediately. S Sue Schaber Tax Bandits is easier than any other electronic filing that I have done. I could actually contact a person when I had a question. Entering data, checking forms, and transmitting was easy once I got the hang of it. I will definitely use them again and recommend them to others. Read thousands of real customer reviews to learn why TaxBandits is the best e-file provider. See More Reviews How to File Form 945 Electronically With TaxBandits? Create your free account and follow the simple steps below to easily e-file Form 945! Take a quick tour Step 1: Enter the required information Enter the federal income tax withheld from pensions, annuities, IRAs, gambling winnings, and backup withholding. Step 2: Choose the balance due payment option Choose your preferred payment method to pay the balance due. You can easily make payments via EFTPS or credit card directly through TaxBandits. Step 3: Review and Transmit to the IRS Sign your return using a 94x online signature PIN or Form 8453-EMP, review your details, and securely file Form 945 with the IRS. Start to e-file Form 945 with TaxBandits and get instant status updates from the IRS. Get Started Now Watch how to e-file Form 945 Information Required to File Form 945 Online An employer must complete Form 945 to report federal income tax withholdings from non-payroll payments, including distributions from qualified retirement plans. The following information is required before you start to file Form 945. Name, EIN, and Business address Federal income tax withheld from nonpayroll payments Backup withholding details Total deposits made for 2024 Balance due or Overpayment amount Attach Form 945-A if you are a semi-weekly depositor Sign using Online Signature PIN or Form 8453-EMP Read the 945 instructions to understand how to file Form 945 correctly and ensure accurate completion of your filing. File 945 online to report taxes withheld from nonpayroll payments using TaxBandits. Start Filing Now Frequently Asked Questions on Form 945 What is IRS Form 945? IRS Form 945 is used by employers to report federal income tax withheld from nonpayroll payments. While Form 941 is used for payroll tax reporting, Form 945 is specifically designed for reporting taxes withheld from various types of non-wage income, such as pensions, gambling winnings, and backup withholding. Get detailed information about Form 945. Who must file Form 945? Employers who withhold federal income tax (including backup withholding) from nonpayroll payments must file Form 945. If you don’t have a nonpayroll tax liability, You don’t have to file Form 945. Note: If you don't have a nonpayroll tax liability for a specific year, then you are not required to file Form 945. When is the due date to file Form 945 for the 2024 Tax Year? For the 2024 tax year, the due date to file Form 945 is January 31, 2025. If you made deposits on time, in full payment of the taxes for the year, you may have time to file Form 945 until February 10, 2025. What is Form 945-A, and who is required to file it? You must file Form 945-A, the Annual Record of Federal Tax Liability, if you are an employer reporting employment tax liabilities on all non-payroll payments made to employees. You are required to file Form 945-A: If you are a semi-weekly scheduled depositor, or If you are a monthly scheduled depositor accumulating $100,000 or more in tax liability. Get detailed information about Form 945-A. Who can sign Form 945? The person authorized to sign Form 945 depends on the structure of the entity. For corporations, the form is usually signed by an authorized corporate officer, such as the president, vice president, or other principal officer duly authorized to sign. In partnerships, the form can be signed by a general partner. If the taxpayer is a sole proprietorship, the owner signs the form. In the case of an LLC, the member designated as the responsible party for tax purposes typically signs Form 945. In Trust or estate, the fiduciary is authorized to sign. It's essential to ensure that the person signing the form has the proper authority and is identified correctly. Your Signature Process Is Now Simpler With TaxBandits! TaxBandits offers various options for signing your return. You can either use a 94x online signature PIN or a built-in Form 8453-EMP to sign your return. What are the penalties if you don’t file Form 945 on time? The IRS will impose a late filing penalty if you fail to file Form 945 on time. The penalty is typically 5% of the unpaid tax for each month or part of a month your return is late, with a maximum penalty of 25%. Get detailed information about the Form 945 late filing penalty. Top Resources to File Form 945 Online! What is Form 945? Form 945 is an IRS Tax Form that is required to be filed by business entities that have paid non-payroll payments during the tax year. Form 945 Instructions Read this article that contains line-by-line instructions to file form 945. Learn about each line in detail. Form 945 Mailing Address If you choose to paper file form 945, you must send your return to the correct mailing address. Read this article to know more. Ready to File 945 Online? More than 100,000+ Businesses and Taxprofessionals trust TaxBandits. Get Started Now X X X X X X X X X X X What’s New in TaxBandits? Supports 941-X E-filing: - With TaxBandits now you can easily correct your Form 941 by e-filing 941-X. EFTPS Payments: - Pay your federal tax payments and balance dues directly through our new EFTPS solution. Simplified Zero Reporting: - Filing a zero 941 return is faster than ever. Submit your zero payroll information in a single click. Multi E-sign Option (Exclusive for Tax Pros): - Save time by sending e-sign requests to multiple clients in one go. Once signed, finalize and sign multiple returns at once. Get Started Now X X How to File Form 945 Electronically with TaxBandits? Welcome to TaxBandits! Select '94x Dashboard' to start your 945 filing process. Next Choose ‘Form 945’ Under 94x Forms-Annual, Choose Form 945 (Annual Return of Withheld Federal Income Tax) to report withholding reported on Form 1099 and W-2G. Back Next Add Employer Information Manually enter your employer details or select 'Employer from Address Book' to use previously saved information. Back Next Choose Tax Year Choose the current tax year (2024) or choose a different tax year to file form 945 for the previous tax years (2023 & 2022). Back Next Enter Required Information Enter the required information (federal income tax withheld from pensions, annuities, IRAs, gambling winnings, etc) and click ‘Next’. Back Next Enter Tax Liability Information Enter information regarding your tax liability for the year. Back Next Select your IRS balance due payment method Regardless of the balance due, the IRS recommends using EFTPS for tax payments. Easily pay your balance due through TaxBandits’ EFTPS payment solution! Back Next Summary of your Form 945 Review the information on Form 945. Make any necessary changes. If everything looks correct, click ‘Continue’. Back Next Choose the Method to Sign your Return If you already have a 94x Online Signature PIN, enter it to proceed. Alternatively, e-sign instantly using the built-in Form 8453-EMP. Back Next Transmit your return to the IRS Pay and transmit your Form 945 to the IRS. Back Next Success! Your form is being transmitted to the IRS Click ‘Return 94x Dashboard’ to check your filing status. Request Demo Start Over Get Started Now X Form 941 Excel Template for 2024 Tax Year Enter your details and get a free 941 Template Subscribe for 94x forms auto-reminders and helpful, tax-related updates. Download Template Now