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STATE OF NEW MEXICO TAXATION AND REVENUE DEPARTMENT RPD41054 Rev. 06/2010 WC1 WORKERS COMPENSATION FEE FORM Beginning with calendar quarter ending September 30, 2004, the quarterly workers' compensation
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What is only form employers share?
Only Form Employers Share is a document that employers use to report wages paid to employees and the taxes withheld from those wages.
Who is required to file only form employers share?
Employers are required to file Only Form Employers Share for each employee they have paid wages to during the tax year.
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Only Form Employers Share can be filled out either manually or electronically using the appropriate software or online platforms provided by the tax authorities.
What is the purpose of only form employers share?
The purpose of Only Form Employers Share is to report the wages paid to employees and the withholding taxes to the tax authorities for proper tax compliance.
What information must be reported on only form employers share?
Only Form Employers Share must include information such as the employee's name, address, social security number, wages paid, and taxes withheld during the tax year.
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