Federal Form 943

Related Topics

Tax Forms Report Category  > Reports

Form 941 Report

Federal Form 943 is the Employer's Annual Federal Tax Return for Agricultural Employees. The Process 941 wizard and the TAX-941 report produce the Federal Form 943 for a company where the Company Code's tax agency with "941 Federal Deposit Record" selected has code name 943 and where its Federal taxes have the 943 tax agency selected.

The system can produce 943 forms. The tax agency code must be 943 and not 941 to do this. During company setup, all you need to do is change the tax agency code 941 to 943 and make sure that the Federal tax codes records have the 943 tax agency assigned to them. The actual 941 tax report then determines if the 941 format or 943 format output should be produced when the 941 report is generated.

Note:  Once payrolls have been posted for a company as a 941 tax, the system prohibits changing the Federal tax codes to be a 943 tax agency.

To create ACH payments for 943, you will need a separate addenda record specifically for the 943 tax. Clone the 941 record, making the following changes: (1) change the code from 941 to 943 and (2) change all five "Tax Type Cd" entries on the to 09435.