Get the free Form 944-SS

This form is used by employers in American Samoa, Guam, the Commonwealth of the Northern Mariana Islands, and the U.S. Virgin Islands to file their annual federal tax returns instead of quarterly

How to fill out form 944-ss

How to fill out Form 944-SS

1. Obtain Form 944-SS from the IRS website or an authorized provider.
2. Read the instructions carefully to understand the requirements.
3. Fill out your name, address, and EIN (Employer Identification Number) at the top of the form.
4. Report your total wages and tips subject to Social Security and Medicare taxes.
5. Calculate your tax liability by applying the current tax rates to your reported wages and tips.
6. Include any adjustments, if applicable, for prior quarters.
7. Sign and date the form, certifying that the information provided is accurate.
8. Submit the completed form to the IRS by the designated deadline.

Who needs Form 944-SS?

1. Employers with an annual payroll of $1,000 or less who have employees that are subject to federal income tax withholding.
2. Employers who are not required to file Form 941 and have employees for whom they have withheld federal income tax.

People Also Ask about

How do I change my tax withholding information?

Change your withholding To change your tax withholding you should: Complete a new Form W-4, Employee's Withholding Allowance Certificate, and submit it to your employer. Complete a new Form W-4P, Withholding Certificate for Pension or Annuity Payments, and submit it to your payer.

How do I change my IRS form 944 to 941?

If you would like to change from Form 944 and file quarterly Forms 941 to report your Social Security, Medicare, and withheld federal income taxes for the current calendar year, you may make the request by calling the IRS by April 1 of the current year, or by sending a written request, postmarked by March 15 of the

Who is required to file IRS form 944?

Form 944 is designed so the smallest employers (those whose annual liability for social security, Medicare, and withheld federal income taxes is $1,000 or less) will file and pay these taxes only once a year instead of every quarter.

Can I file form 944 online?

You can e-file employment tax returns Form 940, Form 941, Form 943, Form 944, and Form 945. You can also e-file corrected employment tax returns Form 941-X, Form 943-X, and Form 945-X.

Who must file IRS form 941?

Who Must File Form 941? If you pay wages subject to federal income tax withholding or social security and Medicare taxes, you must file Form 941 quarterly to report the following amounts. security and Medicare taxes. Medicare taxes for fractions of cents, sick pay, tips, and group-term life insurance.

Can I file form 941 online?

You can e-file employment tax returns Form 940, Form 941, Form 943, Form 944, and Form 945. You can also e-file corrected employment tax returns Form 941-X, Form 943-X, and Form 945-X.

Should I use form 941 or 944?

Generally, employers are required to file Forms 941 quarterly. However, some small employers (those whose annual liability for Social Security, Medicare, and withheld federal income taxes is $1,000 or less for the year) may file Form 944 annually instead of Forms 941.

Is there a penalty for amending a 941?

Generally, your correction of an underreported amount will not be subject to a failure-to-pay penalty, failure-to-deposit penalty, or interest if you: File on time (by the due date of the quarter in which you discover the error) Pay the amount shown on line 22 by the time you file. Form 941-X.

For pdfFiller’s FAQs

What is Form 944-SS?

Form 944-SS is an annual federal tax form used by small businesses to report their Social Security, Medicare, and federal income taxes withheld from their employees' wages.

Who is required to file Form 944-SS?

Businesses with a payroll tax liability of $1,000 or less in the previous year are generally required to file Form 944-SS instead of the quarterly Form 941.

How to fill out Form 944-SS?

To fill out Form 944-SS, you will need to provide information such as your business details, the total wages paid, taxes withheld, and other relevant tax information for the year. Detailed instructions are provided on the form itself.

What is the purpose of Form 944-SS?

The purpose of Form 944-SS is to simplify tax reporting for small employers, allowing them to report and pay payroll taxes annually rather than quarterly.

What information must be reported on Form 944-SS?

Form 944-SS requires reporting total wages paid, the amount of federal income tax withheld, Social Security tax, Medicare tax, and any adjustments or credits related to payroll taxes.