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Does everyone have to file a 945? - Answers
Not everyone is required to file Form 945, which is used to report annual withholding on nonpayroll payments, such as backup withholding and federal income tax withheld from certain payments. Only organizations that have made these types of payments and withheld taxes during the year must file this form. If no such payments were made, or if the entity does not have any withholding to report, then filing is not necessary. Always consult the IRS guidelines or a tax professional for specific circumstances.
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Does everyone have to file a 945? - Answers
Not everyone is required to file Form 945, which is used to report annual withholding on nonpayroll payments, such as backup withholding and federal income tax withheld from certain payments. Only organizations that have made these types of payments and withheld taxes during the year must file this form. If no such payments were made, or if the entity does not have any withholding to report, then filing is not necessary. Always consult the IRS guidelines or a tax professional for specific circumstances.
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Does everyone have to file a 945? - Answers
Not everyone is required to file Form 945, which is used to report annual withholding on nonpayroll payments, such as backup withholding and federal income tax withheld from certain payments. Only organizations that have made these types of payments and withheld taxes during the year must file this form. If no such payments were made, or if the entity does not have any withholding to report, then filing is not necessary. Always consult the IRS guidelines or a tax professional for specific circumstances.
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