Get 2016 Form 945

Filling out the 2016 Form 945 online is essential for reporting withheld federal income tax. This guide will walk you through each section of the form, ensuring that you complete it accurately and efficiently.

Follow the steps to fill out the form online successfully.

1. Click the ‘Get Form’ button to obtain the form and open it in the editor.
2. In the first section, enter your name as it appears officially, followed by your employer identification number (EIN). If you are using a trade name, include it as well. Ensure that the address is complete, including the city, state, and ZIP code.
3. Indicate whether your address has changed from previous returns by checking the appropriate box. If you do not anticipate filing future returns, check that box.
4. On line 1, report the federal income tax withheld from pensions, annuities, and other sources according to your records. Enter the exact figure.
5. For line 2, provide the total amount of backup withholding from various payments. This can include funds withheld for certain payments that may not have tax information submitted.
6. Calculate the total taxes on line 3 by summing the amounts from lines 1 and 2. Ensure that this reflects your total withholding for the year.
7. Line 4 should report the total deposits made for the year, including any overpayments carried forward from previous filings.
8. On line 5, if the amount on line 3 exceeds that on line 4, calculate the balance due and enter it here. Review the instructions for specific guidance.
9. If line 4 is greater than line 3, indicate the overpayment on line 6 and specify how you would like to apply that amount (refund or credit to the next return).
10. Complete the monthly summary of federal tax liability if applicable. Note: Do not fill this out if you were a semiweekly schedule depositor.
11. If you want to authorize a third-party designee, fill in their information in the designated area.
12. Sign and date the form, ensuring that the declaration is filled out accurately for verification purposes.
13. Finally, save your changes, then download, print, or share the completed form as necessary.

Complete your 2016 Form 945 online now to ensure compliance and accurate reporting.