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FINAL REPORT FORMS PART 1 REFLECTION FORMNEIGHBORHOOD GRANTS PROGRAM FINAL REPORT INSTRUCTIONS945 S. Main St., Suite 207 Salinas, CA 93901 Tel (831) 7545880Fax (831) 7545876Period Covered by this
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How to fill out 945 s

01
To fill out Form 945-S, follow these steps:
02
Begin by providing your business information, including the employer identification number (EIN) and the name of your business.
03
Indicate the calendar year for which you are filing the form.
04
Enter the total amount of federal income tax withheld from your nonpayroll payments during the year.
05
Report any adjustments or corrections to the tax liability for the previous year, if applicable.
06
Fill in the amount of deposits you made throughout the year using Form 945-X or Form 941-X.
07
Calculate the net tax liability by subtracting any deposits and credits from the total tax liability.
08
Enter any overpayment that you wish to be applied to the next tax period or refunded to you.
09
Sign and date the form before submitting it to the appropriate IRS address.
10
Make sure to review the instructions provided by the IRS for more detailed guidance.
11
Note: This response is a general overview and does not substitute for consulting the official IRS instructions or seeking professional advice.

Who needs 945 s?

01
Form 945-S is required to be filled out by businesses or entities that have withheld federal income tax from nonpayroll payments such as pensions, annuities, gambling winnings, backup withholding, etc.
02
Employers who use Form 945 to report income tax withheld from payroll payments should not use Form 945-S.

What is 945 S Form?

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945 s refers to the IRS Form 945, which is used to report federal income tax withheld from non-employee compensation.
Employers who withhold federal income tax from non-employees, such as independent contractors or freelancers, are required to file Form 945.
Form 945 can be filled out manually or electronically using the IRS website or approved software. Employers must enter information about the total federal income tax withheld from non-employees.
The purpose of Form 945 is to report and reconcile federal income tax withheld from non-employee compensation with the IRS.
Employers must report the total federal income tax withheld from non-employees during the year, as well as any adjustments or corrections.
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