How to File Form 945 electronically with TaxBandits?

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Choose Form and Tax Year

Choose the tax year and quarter for which you need to file your 945 return. TaxBandits supports filing for prior tax years.

Enter Federal Income Tax Withheld

Enter details of the Federal Income Tax withheld.

Choose IRS Payment Methods

Choose your preferred payment methods such as EFW, EFTPS, Credit Card, Check or money order.

Review your Form 945

Review the completed form and make changes if needed.

Transmit your form to the IRS

After completing and reviewing the form, transmit the form to the IRS.

Start to e-file Form 945 with TaxBandits and Get Instant Approval from the IRS.

What are the Required Information to File Form 945 Online

TaxBandits for Every Business Form 945 for 2023
  • 1. Employer Details: Name, EIN, and Address
  • 2. Taxes Withheld Details
    • Amount of Federal Income Tax Withheld
    • Backup withholding details
    • Federal Income Tax withheld
    • Monthly Tax Liability
    • Deposit Details
    • Signing Authority Information

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Form 945 A

Form 945-A

TaxBandits support Form 945-A to report your federal tax liability for the Form 945 and transmit it directly to the IRS.

94x Online Signature PIN

94x Online Signature PIN

The IRS requires you to sign your form with an Online Signature PIN when filing your Form 945. Simply apply a FREE Online Signature PIN with TaxBandits.

Form 8453-EMP

Form 8453-EMP

If you don't have an Online Signature PIN, don't worry! You can always use Form 8453-EMP to e-sign your Form 945 through TaxBandits.

Prior-Year Tax Filing

Prior-Year Tax Filing

TaxBandits support Form 945 filing for both the current and previous tax periods. You can file for both tax periods without any additional pricing.

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Frequently Asked Questions on 945 Filing

What is IRS Tax Form 945?

IRS Form 945, is an annual information return used 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.

Who Must File Form 945?

Form 945 must be filed by employers who withhold federal income tax from nonpayroll payments. This includes income sources such as pensions, annuities, military retirement, gambling winnings, and backup withholding. Employers who make these nonpayroll payments are required to file Form 945 annually to report the total amount of federal income tax withheld.

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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. It's essential to ensure that the person signing the form has the proper authority and is identified correctly.

When is the Due Date to File Form 945 for the 2023 Tax Year?

The due date to File Form 945 for the tax year 2023 is January 31, 2024.

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If you made deposits on time, in full payment of the taxes for the year, you may have time to file your Form 945 until February 10, 2024.

What are the penalties for not filing Form 945 on time?

IRS may impose penalties for the following reasons.

  • Filing Form 945 late
  • Depositing taxes late

Apart from these, IRS might also impose penalties for failure to file information returns such as
1099-MISC/1099-R/W-2G or failing to send statements to the recipients.

In case you have received a penalty notice from the IRS, you can request an abatement of penalty by sending an explanation with a reasonable cause to the IRS. Don't attach an explanation when you
e-file Form 945.

What is Form 945-A used for and When it must be filed?

Form 945-A, Annual Record of Federal Tax Liability, is used to report employment tax liabilities. An employer must file with the IRS to declare tax liabilities on all non-payroll payments made to employees. The Form 945-A is filed annually with Form 945, but the tax liabilities are deposit by month. Employers must file if they deposit tax liabilities semiweekly or if their liability for any one month is greater than $100,000.

What is Form 945-X?

The 945-X is used to make corrections for administrative errors on a previously filed 945 Form, Annual Return of Withheld Federal Income Tax. Form 945 reports federal withholding that has been reported on both W-2G and all the 1099 forms.

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