Who Needs Publication 1141?
The US Internal Revenue Service has created this publication in order to provide guidance to taxpayers filing Forms W-2 and W-3: Wage and Tax Statement and Transmittal of Wage and Tax Statements. Hence, the publication will be helpful to all employers in the filling out and submission of substitute forms for Form W-2 and Form W-3 for wages paid within the calendar year.
What Kind of Information does Publication 1141 Provide?
The Publication covers all the basic details and provisions that the employer (filler of Forms W-2 and W-3) must pay due attention to and follow in order to report wages in the prescribed way: employer’s details, enumeration of wages, how to calculate the payments, tips and taxes withheld, etc.
How Often is Publication 1141 Updated?
The Internal Revenue Service typically issues a revised instruction every year for every tax form that must be filed on an annual basis. The latest updated Publication 1141 on Forms W-2 and W-3 was issued in 2016.
Do I Need to File Publication 1141?
No, there is no need to write anything on the publication or to file it, as it is used for reference only.