Correct IRS Form 945 with Form 945-X
Form 945-X: Adjusted Annual Return of Withheld Federal Income Tax or Claim for
Refund - used to correct previously filed Form 945.
Why Choose TaxBandits to File Form 945-X?
- Quick and easy filing of corrections
- Correct even when the original return was not filed with us
- Get Instant Status Updates from the IRS
- AI-based assistance & World-Class Support
Powerful PRO Features for
Tax Professionals
- Advanced Client Management Tools
- Team Management Tools to handle filing
- Streamlined E-Signing of 8453-EMP / 8879-EMP Forms
Can Form 945-X be filed electronically?
The IRS allows you to file Form 945-X, Adjusted Annual Return of Withheld Income Tax or
Claim for Refund electronically as a part of Modernized e-File (MeF).
What information could be corrected using
Form 945-X?
Use Form 945-X to correct administrative errors only on a previously
filed Form 945.
An administrative error occurs if the federal income tax (including backup withholding) you reported on Form 945 isn’t the amount you
withheld from payees.
For example, if the total federal income tax you withheld was incorrectly reported on Form 945 due to a mathematical or transposition error, this would be an administrative error.
Looking to correct any of the above-mentioned information on your Form 945?
TaxBandits Make your Form 945-X Filing Process Effortless with these Features
Know why TaxBandits is the best choice to make corrections using Form 945-X.
Supports Corrections for all
Didn’t file your original Form 945 with TaxBandits? No problem! You can still make corrections by filing Form 945-X with us.
Option to correct 945-A
If you have changes in Form 945-A that change the total tax liability reported on 945? You can correct it using Form 945-X.
Built-in Signature Options
Easily authorize your return with an online PIN or e-sign using Form 8453-EMP. Request your PIN for FREE through TaxBandits!
Instant IRS Status Updates
Receive real-time updates on your filing status, from submission confirmation to IRS acceptance. Stay informed anytime!
Options to Pay Balance Due
TaxBandits offers multiple payment options to pay balance due, including EFW, EFTPS, credit or debit card, and check or money order.
World Class Support
Our world-class customer support assists you via live chat, phone, and email at any stage of your correction process.
Correct Your Form 945 with Confidence – Fast, Easy, and IRS-Compliant!
How to File Form 945-X Online with TaxBandits?
Create your free account and follow these steps to make corrections using Form 945-X
-
Step 1: Choose Form 945-X
Select the tax year for which the correction is to be made.
Currently, you can only e-file 945-X for the 2024 tax year.
-
Step 2: Enter the corrected information
Correct administrative errors made on Form 945. If any line doesn’t apply, leave it blank. Add 945-A if you need to correct previously filed 945-A.
-
Step 3: Review and Transmit
Ensure the entered information is correct. Once reviewed, pay and transmit your correction (Form 945-X) to the IRS.
Get instant notifications regarding the status of your forms. You can also check the status from your dashboard.
Our Customer Reviews
Trusted and loved by users like you.
4.9 rating of 52,784 reviews
See how TaxBandits facilitated various businesses to file Form 945-X efficiently!
Hassle-free filing with our Free Form 941 Worksheet Template
Form 941 Worksheet Template
Auto-Calculate your COVID-19 related tax credits easily. Using this template, you can determine:
- The employer share of social security tax
- Refundable and non-refundable portions
- Sick and family leave credits
- Employee retention credits for the Quarter
Frequently Asked Questions About Form 945-X
What is Form 945-X?
Form 945-X, Adjusted Return of Withheld Federal Income Tax or Claim for Refund is used to adjust federal tax deposits related to nonpayroll tax liabilities (e.g., backup withholding, pensions, annuities, and gambling winnings).
You must not use Form 945-X to claim a refund or request abatement. Instead use Form 843.
When Should You File Form 945-X?
There is no specific deadline for filing Form 945-X. You must file Form 945-X when you discover an administrative error on previously filed Form 945.
For Underreported Tax: If you have discovered underreported tax, you must file Form 945-X by the due date of the return for the return period in which you discovered the error and pay the amount you owe by the time you file.
For Overreported Tax: For overreported amounts, you may choose to either make an interest-free adjustment or file a claim for refund or abatement using Form 843.
If the due date falls on Saturday, Sunday, or a federal holiday, make sure to file Form 945-X on the following business day.
How to fill out Form 945-X?
Use Form 945-X to correct the errors on previously filed Form 945. Here are the step-by-step instructions to file Form 945.
Complete the basic information such as EIN, Name, Address, and the calendar year of the return you are correcting.
Part 1: Adjustment or Claim
You can either adjust the withheld federal income tax return or request a refund or abatement. To make corrections, you must check one of the boxes.
-
Line 1: Adjusted return of withheld federal income tax
Check this box if you are correcting both underreported and overreported amounts. On checking this box, the negative number shown on Form 945 will be applied as credit.
-
Line 2: Claim
Check this box to claim a refund or abatement for the negative amount on line 5 of Form 945.
Part 2: Enter the corrections
-
Line 3: Federal income tax withheld
To correct the federal income tax withheld, you must enter the total corrected amount in column 1 and enter the amount you originally reported or as previously corrected in column 2. Enter the difference in column 3.
-
Line 4: Backup withholding
If you are correcting the backup withholding of federal income tax you reported on Form 945, line 2. You must enter the total corrected amount on column 1 and enter the amount you originally reported or as previously corrected in column 2. Enter the difference in column 3.
-
Line 5: Total
Add the total amount in lines 3 and 4 and enter in line 5.
Part 3: Explain Your Corrections
-
Line 6: Corrections of Both Underreported and Overreported Amounts
Check this box if the corrections entered on lines 3 and 4 reflect both underreported and overreported amounts
-
Line 7: Explain your corrections
Provide a detailed explanation of how you have determined the corrections.
Part 4: Signature
Once you have completed the Form 945-X, you must provide the signature.
For more information about the instructions for Form 945-X, visit the IRS website.
How to File Form 945-X?
Form 945-X can be submitted electronically or by mail. However, the IRS recommends opting for e-filing Form 945-X for faster processing.
Effortlessly correct your returns by electronically filing Form 945-X rather than using paper filing. This can save time and eliminate extra costs for printing and mailing. To correct the errors on the previously filed 945 electronically, use TaxBandits, an IRS-authorized e-file provider, to file your return smoothly.
TaxBandits offers intuitive features such as automated tax calculations and built-in error checks based on IRS business rules. Additionally, it supports Form 945-A and Form 8453 EMP.
What are the penalties and interest related to Form 945-X?
In certain conditions, you might face penalties and interest on Form 945-X. Here are the penalties. If you correct an underreported tax amount, generally you won’t face penalties or interest if you meet these conditions:
- If you file Form 945-X on time by the due date.
- Pay the due on line 5 of Form 945-X while filing the form.
- Provide the date you discovered the error.
- If the form contains a clear explanation of the error that occurred.
Your corrections will not be eligible for interest-free treatment if any of the following applies:
- The underreported amount was already an issue in an IRS audit of a prior tax period.
- You intentionally underreported your tax liability.
- You have already received an IRS notice and demand for payment regarding the underreported amount.
