Payments can be made using EFTPS, by sending a check, or by credit card (for most "X" forms).
Amounts owed must be paid by the receipt of the return. Employers can choose to either make an adjustment or claim a refund on the form.įor underpayments: Employers correcting an underpayment must use the corresponding "X" form. There is no "X" form for the Form 940, and taxpayers will continue to use a Form 940 for amended returns by checking the amended return box in the top right corner of the Form 940.įor overpayments: Employers correcting an overpayment must use the corresponding "X" form. Taxpayers will continue to use Form 843 when requesting abatement of assessed penalties and interest.
For example, use Form 941-X, Adjusted Employers QUARTERLY Federal Tax Return or Claim for Refund, to correct errors on a previously filed Form 941. These forms correspond and relate line-by-line to the employment tax return they are correcting.Įmployers should use the corresponding "X" forms listed below to correct employment tax errors as soon as they are discovered.
The "X" forms are used to report adjustments to employment taxes and to claim refunds of overpaid employment taxes. There are several ways to address adjustments to the employment taxes you reported on your return.Įffective for errors discovered on or after January 1, 2009, regulations were issued in connection with the IRS's development of the "X" amended return forms.
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