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Nd State Income Tax

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Nd State Income Tax

Nd state income tax Index A Abusive tax shelters (see Tax shelters) Accounting fees, Attorney or accounting fees. Nd state income tax Accrual method, Accrual method taxpayers. Nd state income tax , Accrual method. Nd state income tax , Holders must use accrual method. Nd state income tax , When To Deduct Investment Interest Accuracy-related penalty, Accuracy-related penalty. Nd state income tax Acquisition discount, Government obligations. Nd state income tax , Acquisition discount on short-term obligations. Nd state income tax Adjusted basis, Basis adjustment. Nd state income tax , Fair market value equal to or more than donor's adjusted basis. Nd state income tax , Adjusted Basis, Short sales. Nd state income tax Alaska Permanent Fund dividends, Alaska Permanent Fund dividends. Nd state income tax , Child's Alaska Permanent Fund dividends. Nd state income tax Amortization of bond premium, Bond Premium Amortization, Bonds acquired after October 22, 1986, but before 1988. Nd state income tax Annuities Borrowing on, Borrowing on insurance. Nd state income tax Interest on, Interest on annuity contract. Nd state income tax Life insurance proceeds used to buy, Annuity. Nd state income tax Sale of, Sale of Annuity Single-premium, Single-premium life insurance, endowment, and annuity contracts. Nd state income tax Trade for, Trade of investment property for an annuity. Nd state income tax , Insurance Policies and Annuities Applicable federal rate, Applicable federal rate. Nd state income tax Appreciated financial positions, Constructive Sales of Appreciated Financial Positions Arbitrage bonds, Arbitrage bonds. Nd state income tax Assistance (see Tax help) At-risk rules, At-risk rules. Nd state income tax , At-risk rules. Nd state income tax Attorneys' fees, Attorney or accounting fees. Nd state income tax Automatic investment service, Automatic investment service and dividend reinvestment plans. Nd state income tax , Automatic investment service. Nd state income tax , Automatic investment service. Nd state income tax Average basis, Average Basis Double-category method, Transition rule from double-category method. Nd state income tax Illustrated, Average basis method illustrated. Nd state income tax B Backup withholding, Backup withholding. Nd state income tax Bad debts, Nonbusiness bad debt. Nd state income tax , Nonbusiness Bad Debts Bankrupt financial institutions Deposit in, Deposit in Insolvent or Bankrupt Financial Institution Bargain purchases, Bargain purchases. Nd state income tax Basis, Basis of Investment Property, U. Nd state income tax S. Nd state income tax Treasury Notes or Bonds Adjusted, Basis adjustment. Nd state income tax , Fair market value equal to or more than donor's adjusted basis. Nd state income tax , Adjusted Basis, Short sales. Nd state income tax Average, Average Basis Cost, Cost Basis, Cost Basis Inherited property, Property Received as Inheritance Investment property, Basis of Investment Property Like-kind exchanges, Basis of property received. Nd state income tax Other than cost, Basis Other Than Cost REITs, Shares in a mutual fund or REIT. Nd state income tax REMIC, residual interest, Basis in the residual interest. Nd state income tax Replacement stock, Basis of replacement stock. Nd state income tax Shares acquired by reinvestment, Reinvestment right. Nd state income tax Stocks and bonds, Basis adjustment. Nd state income tax , Basis. Nd state income tax , Basis. Nd state income tax , Stocks and Bonds Bearer obligations, Bearer CDs. Nd state income tax , Bearer Obligations Below-market loans, Below-Market Loans Bonds Accrued interest on, Accrued interest on bonds. Nd state income tax Amortization of premium, Bond Premium Amortization Arbitrage, Arbitrage bonds. Nd state income tax Basis, Basis. Nd state income tax , Stocks and Bonds Capital asset, Stocks, stock rights, and bonds. Nd state income tax Convertible, Convertible stocks and bonds. Nd state income tax Coupon, Coupon bonds. Nd state income tax Enterprise zone facility, Enterprise zone facility bonds. Nd state income tax Federally guaranteed, Federally guaranteed bonds. Nd state income tax Identification, Identifying stock or bonds sold. Nd state income tax Market discount, Market discount. Nd state income tax , Limit on interest deduction for market discount bonds. Nd state income tax , Market discount on bonds. Nd state income tax , Market discount bonds. Nd state income tax , Market discount bonds. Nd state income tax New York Liberty bonds, New York Liberty bonds. Nd state income tax Par value, Bonds purchased at par value. Nd state income tax Premiums on, Bond premium. Nd state income tax , Premiums on bonds. Nd state income tax Private activity, Private activity bonds. Nd state income tax Redemption or retirement of, Redemption or retirement of bonds. Nd state income tax Sold between interest dates, Bonds Sold Between Interest Dates State and local government, Tax-exempt state and local government bonds. Nd state income tax Stripped, Stripped bonds or coupons. Nd state income tax , Stripped Bonds and Coupons, Stripped tax-exempt obligation. Nd state income tax Tax credit bonds, Tax credit bonds. Nd state income tax Tax-exempt, Tax-exempt state and local government bonds. Nd state income tax Traded flat, Bonds traded flat. Nd state income tax U. Nd state income tax S. Nd state income tax savings (see U. Nd state income tax S. Nd state income tax savings bonds) U. Nd state income tax S. Nd state income tax Treasury (see U. Nd state income tax S. Nd state income tax Treasury bills, notes, and bonds) Brokerage fees, Fees to buy or sell. Nd state income tax , Sale expenses. Nd state income tax C Calls and puts, Puts and Calls Table 4-3, Table 4-3. Nd state income tax Puts and Calls Capital assets, Capital Assets and Noncapital Assets Capital gain distributions, Capital Gain Distributions, Basis adjustment. Nd state income tax , Capital gain distributions. Nd state income tax , Child's capital gain distributions. Nd state income tax , Capital gain distributions received. Nd state income tax Capital gains and losses, Capital Gains and Losses, Loss on stock that paid qualified dividends. Nd state income tax Constructive ownership transactions, Gains From Certain Constructive Ownership Transactions Definition, Capital or Ordinary Gain or Loss Empowerment zone assets, Exclusion of Gain From DC Zone Assets Investment property, Investment property. Nd state income tax Long-term, Short-Term or Long-Term Capital Gain or Loss, Long-term gains and losses. Nd state income tax Long-term debt instruments, Long-term debt instruments issued after 1954 and before May 28, 1969 (or before July 2, 1982, if a government instrument). Nd state income tax Losses, limit on, Limit on deduction. Nd state income tax Passive activities, Passive activity gains and losses. Nd state income tax Qualified covered call options, Capital loss on qualified covered call options. Nd state income tax Qualified small business stock, Gains on Qualified Small Business Stock Reporting requirements, How To Report Gains and Losses (Form 6781), How to report gain. Nd state income tax Rollover of gain from sale of securities, Rollover of Gain From Publicly Traded Securities Short-term, Short-Term or Long-Term Capital Gain or Loss, Short-term gains and losses. Nd state income tax Tax rates, Capital Gain Tax Rates, Table 4-4. Nd state income tax What Is Your Maximum Capital Gain Rate? Table 4-4, Table 4-4. Nd state income tax What Is Your Maximum Capital Gain Rate? Capital loss carryover, Capital loss carryover. Nd state income tax , Capital Losses Worksheet 4-1, Worksheet 4-1. Nd state income tax Capital Loss Carryover Worksheet Cash method, Cash method taxpayers. Nd state income tax , Cash method. Nd state income tax , When To Deduct Investment Interest Reporting options for savings bond interest, Reporting options for cash method taxpayers. Nd state income tax Cash-settled options, Cash-settled options. Nd state income tax Casualty losses, Ordinary loss or casualty loss. Nd state income tax CDOs (Collateralized debt obligations), Collateralized Debt Obligations (CDOs) Certificates of deposit (CDs), Certificates of Deposit (CDs) Children Alaska Permanent Fund dividends, Child's Alaska Permanent Fund dividends. Nd state income tax Capital gain distributions, Child's capital gain distributions. Nd state income tax Custodian account for, Custodian account for your child. Nd state income tax Gifts to, Income from property given to a child. Nd state income tax Investment income of, Tax on unearned income of certain children. Nd state income tax , Investment income of child reported on parent's return. Nd state income tax Qualified dividends, Child's qualified dividends. Nd state income tax Savings account with parent as trustee, Savings account with parent as trustee. Nd state income tax U. Nd state income tax S. Nd state income tax savings bond owner, Child as only owner. Nd state income tax Clerical help, Clerical help and office rent. Nd state income tax Co-owners of U. Nd state income tax S. Nd state income tax savings bonds, Co-owners. Nd state income tax Collateralized debt obligations (CDOs), Collateralized Debt Obligations (CDOs) Collectibles, Collectibles gain or loss. Nd state income tax Commissions, Commissions and load charges. Nd state income tax Commodity futures, Commodity Futures, Commodity futures. Nd state income tax Community property U. Nd state income tax S. Nd state income tax savings bonds, Community property. Nd state income tax Constructive ownership transactions, Constructive ownership of stock. Nd state income tax , Gains From Certain Constructive Ownership Transactions Constructive receipt, Constructive receipt. Nd state income tax Constructive sales, Constructive Sales of Appreciated Financial Positions Contractors, insolvency of, Insolvency of contractor. Nd state income tax Conversion transactions, Conversion Transactions Convertible stocks and bonds, Convertible stocks and bonds. Nd state income tax Cooperatives, sales of stock to, Sales of Stock to ESOPs or Certain Cooperatives Corporate distributions, Dividends and Other Distributions Capital gain, Capital gain distributions. Nd state income tax , Child's capital gain distributions. Nd state income tax , Capital gain distributions received. Nd state income tax Constructive, Constructive distributions. Nd state income tax Dividends (see Dividends) Fractional shares, Fractional shares. Nd state income tax Liquidating, Liquidating Distributions, Liquidating distributions. Nd state income tax Nondividend, Nondividend Distributions, Nondividend distributions. Nd state income tax Return of capital, Basis adjustment. Nd state income tax Stock rights, Distributions of Stock and Stock Rights Undistributed capital gains, Undistributed capital gains of mutual funds and REITs. Nd state income tax Corporate reorganizations, Corporate reorganizations. Nd state income tax Cost basis, Cost Basis, Cost Basis Coupon bonds, Coupon bonds. Nd state income tax D Day traders, Special Rules for Traders in Securities Dealer equity options, Dealer equity option. Nd state income tax Dealer securities futures contracts, Dealer securities futures contract. Nd state income tax Debt instruments, retirement of, Retirement of debt instrument. Nd state income tax Decedents, Appreciated property you gave the decedent. Nd state income tax , Decedent's capital loss. Nd state income tax U. Nd state income tax S. Nd state income tax savings bond interest, reporting of, Decedents. Nd state income tax Demutualization, Demutualization of Life Insurance Companies Deposits, loss on, Deposit in Insolvent or Bankrupt Financial Institution Discount on debt instruments, Discount on Debt Instruments Certificates of deposit, Certificates of Deposit (CDs) Election to report all interest as OID, Election To Report All Interest as OID Face-amount certificates, Face-Amount Certificates Gain or loss treatment, Discounted Debt Instruments Inflation-indexed, Inflation-Indexed Debt Instruments Market discount bonds (see Market discount bonds) Original issue discount (see Original issue discount (OID)) Short-term obligations, Discount on Short-Term Obligations, Short-term government obligations. Nd state income tax Stripped bonds and coupons, Stripped Bonds and Coupons Discounted debt instruments, Discount on Debt Instruments Discounted tax-exempt obligations, Discounted tax-exempt obligations. Nd state income tax Dividends, Dividends and Other Distributions, Form 1099-DIV. Nd state income tax (see also Form 1099-DIV) Alaska Permanent Fund, Alaska Permanent Fund dividends. Nd state income tax , Child's Alaska Permanent Fund dividends. Nd state income tax Exempt-interest, Exempt-interest dividends. Nd state income tax , Exempt-interest dividends. Nd state income tax , Exempt-interest dividends on mutual fund stock. Nd state income tax Extraordinary, Extraordinary dividends. Nd state income tax Holding period, Holding period. Nd state income tax Insurance policies, Dividends on insurance policies. Nd state income tax Money market funds, Money Market Funds Nominees, Nominees. Nd state income tax , Nominees. Nd state income tax Ordinary, Ordinary Dividends Patronage, Patronage dividends. Nd state income tax Payments in lieu of, Payments in lieu of dividends. Nd state income tax Qualified, Qualified Dividends, Qualified dividends. Nd state income tax , Child's qualified dividends. Nd state income tax Qualified foreign corporation, Qualified foreign corporation. Nd state income tax Received in January, Dividends received in January. Nd state income tax Reinvestment of, Reinvested distributions. Nd state income tax Reinvestment plans, Dividends Used To Buy More Stock, Automatic investment service and dividend reinvestment plans. Nd state income tax , Dividend reinvestment plans. Nd state income tax Reporting requirements, Form 1099-DIV. Nd state income tax , How To Report Dividend Income, Stripped Preferred Stock Restricted stock, Dividends received on restricted stock. Nd state income tax Sale or trade vs. Nd state income tax , Dividend versus sale or trade. Nd state income tax Scrip, Scrip dividends. Nd state income tax Sold stock, Dividends on stock sold. Nd state income tax Stock, Stock dividends. Nd state income tax , Stock dividends. Nd state income tax Underreported, Underreported interest and dividends. Nd state income tax Veterans' insurance, Interest on VA dividends. Nd state income tax , Dividends on veterans' insurance. Nd state income tax Divorce, Property Received From Your Spouse, Transfers Between Spouses E Education Savings Bond Program, Education Savings Bond Program Interest excluded under, Interest excluded under the Education Savings Bond Program. Nd state income tax Recordkeeping requirements, Education Savings Bond Program Employee stock options, Reminders Employee stock ownership plans (ESOPs), sales of stock to, Sales of Stock to ESOPs or Certain Cooperatives Employer identification numbers (EINs), Identifying number. Nd state income tax Empowerment zone, Exclusion of Gain From DC Zone Assets Endowment contracts, Single-premium life insurance, endowment, and annuity contracts. Nd state income tax Enterprise zone facility bonds, Enterprise zone facility bonds. Nd state income tax Equity option, Equity option. Nd state income tax Estate income received by beneficiary, Beneficiary of an estate or trust. Nd state income tax Exchanges of mutual fund shares, Exchange of Shares In One Mutual Fund For Shares In Another Mutual Fund Exclusion of gain DC zone assets, Exclusion of Gain From DC Zone Assets Exempt-interest dividends on mutual fund stock, Exempt-interest dividends on mutual fund stock. Nd state income tax Expenses of producing income, Expenses of Producing Income F Face-amount certificates, Face-Amount Certificates Fair market value, Fair market value. Nd state income tax , Fair market value less than donor's adjusted basis. Nd state income tax , Fair market value. Nd state income tax Federal guarantee on bonds, Federally guaranteed bonds. Nd state income tax Fees to buy or sell, Fees to buy or sell. Nd state income tax Financial asset securitization investment trusts (FASITs), FASITs First-in first-out (FIFO), First-in first-out (FIFO). Nd state income tax Foreign currency transactions, Foreign currency contract. Nd state income tax Foreign income, Reminders Form 1040, Form 1040. Nd state income tax , Form 1040A or Form 1040. Nd state income tax Form 1040, Schedule B, Schedule B (Form 1040A or 1040). Nd state income tax Form 1040, Schedule D, How to report gain. Nd state income tax Form 1040A, Form 1040A. Nd state income tax Form 1040X, Filing a claim for refund. Nd state income tax Form 1041, Filing requirement. Nd state income tax Form 1065, Filing requirement. Nd state income tax Schedule K-1, Schedule K-1 (Form 1065). Nd state income tax Form 1066, Schedule Q, Schedule Q (Form 1066). Nd state income tax , Investment expenses from pass-through entities. Nd state income tax Form 1096, File Form 1099-INT with the IRS. Nd state income tax , File Form 1099-DIV with the IRS. Nd state income tax , File Form 1099-B or Form 1099-S with the IRS. Nd state income tax Form 1099-B, Form 1099-B. Nd state income tax , Form 1099-B transactions. Nd state income tax , File Form 1099-B or Form 1099-S with the IRS. Nd state income tax Form 1099-CAP, Form 1099-CAP transactions. Nd state income tax Form 1099-DIV, General Information, Form 1099-DIV. Nd state income tax , Form 1099-DIV. Nd state income tax , File Form 1099-DIV with the IRS. Nd state income tax Form 1099-INT, General Information, Form 1099-INT. Nd state income tax , Form 1099-INT for U. Nd state income tax S. Nd state income tax savings bond interest. Nd state income tax , Form 1099-INT. Nd state income tax , File Form 1099-INT with the IRS. Nd state income tax , Forms 1099-INT and 1099-OID. Nd state income tax , Forms 1099-INT and 1099-OID. Nd state income tax Form 1099-MISC, Form 1099-MISC. Nd state income tax , Reporting Substitute Payments Form 1099-OID, Form 1099-OID. Nd state income tax , Form 1099-OID, Form 1099-OID. Nd state income tax , Forms 1099-INT and 1099-OID. Nd state income tax , Forms 1099-INT and 1099-OID. Nd state income tax Form 1099-S, Form 1099-S transactions. Nd state income tax , File Form 1099-B or Form 1099-S with the IRS. Nd state income tax Form 1120, Filing requirement. Nd state income tax Form 2439, Undistributed capital gains of mutual funds and REITs. Nd state income tax Form 3115, Change from method 2. Nd state income tax , Choosing To Amortize, How To Make the Mark-to-Market Election Form 4684, Ordinary loss or casualty loss. Nd state income tax Form 4797, How to report. Nd state income tax , Losses on Section 1244 (Small Business) Stock, How to report. Nd state income tax Form 4952, Form 4952 Form 6198, At-risk rules. Nd state income tax Form 6781, Form 6781. Nd state income tax , How to report. Nd state income tax , How To Report Gains and Losses (Form 6781), Section 1256 contracts and straddles. Nd state income tax Form 8275, Negligence or disregard of rules or regulations. Nd state income tax Form 8275-R, Negligence or disregard of rules or regulations. Nd state income tax Form 8582, Form 8582. Nd state income tax Form 8615, Tax on unearned income of certain children. Nd state income tax Form 8815, Form 8815. Nd state income tax , Figuring the interest part of the proceeds (Form 8815, line 6). Nd state income tax , Interest excluded under the Education Savings Bond Program. Nd state income tax Form 8824, How to report. Nd state income tax Form 8832, Clubs formed before 1997. Nd state income tax Form 8886, Reportable Transaction Disclosure Statement, Negligence or disregard of rules or regulations. Nd state income tax Form 8949 Bad debts, How to report bad debts. Nd state income tax Basis adjustment, Basis adjustment. Nd state income tax Capital Gains, Reporting Capital Gains and Losses Capital Losses, Reporting Capital Gains and Losses Cooperative, sale to certain, Sales of Stock to ESOPs or Certain Cooperatives Copyrights in musical works, Capital asset treatment for self-created musical works. Nd state income tax Employee stock ownership plan, sale to, Sales of Stock to ESOPs or Certain Cooperatives Empowerment Zone Assets, Exclusion of Gain From DC Zone Assets Exempt-interest dividends, Exempt-interest dividends on mutual fund stock. Nd state income tax Form 1099-B, Form 1099-B. Nd state income tax , Form 1099-B transactions. Nd state income tax Form 1099-CAP, Form 1099-CAP transactions. Nd state income tax Form 1099-S, Form 1099-S transactions. Nd state income tax Fractional shares, Fractional shares. Nd state income tax Gain, qualified small business stock, How to report gain. Nd state income tax How to fill in, generally, Reporting Capital Gains and Losses Long-term gains and losses, Long-term gains and losses. Nd state income tax Marked-to-market election, Mark-to-market election made. Nd state income tax Market discount bonds, Market discount bonds. Nd state income tax , Market discount bonds. Nd state income tax Musical compositions, Capital asset treatment for self-created musical works. Nd state income tax Nominees, Nominees. Nd state income tax Nonbusiness bad debt, Nonbusiness bad debt. Nd state income tax Nondividend distributions, Nondividend distributions. Nd state income tax Option, How to report. Nd state income tax Property bought at various times, Sale of property bought at various times. Nd state income tax Rollover, publicly traded securities, Rollover of Gain From Publicly Traded Securities Rollover, qualified small business stock, How to report gain. Nd state income tax Sale expenses, Sale expenses. Nd state income tax Short-term gains and losses, Short-term gains and losses. Nd state income tax Software, Stocks and Bonds Worthless securities, How to report loss. Nd state income tax Form SS-4, Identifying number. Nd state income tax Form W-8BEN, Nonresident aliens. Nd state income tax Form W-9, Certification. Nd state income tax Fractional shares, Fractional shares. Nd state income tax , Automatic investment service. Nd state income tax Free tax services, Free help with your tax return. Nd state income tax Frozen deposits, Interest income on frozen deposits. Nd state income tax , Frozen deposits. Nd state income tax Futures contracts Regulated, Regulated futures contract. Nd state income tax Securities, Securities futures contract. Nd state income tax , Securities futures contract to sell. Nd state income tax , Securities Futures Contracts Futures, commodity, Commodity Futures, Commodity futures. Nd state income tax Wash sales, Options and futures contracts. Nd state income tax G Gains on qualified small business stock, Gains on Qualified Small Business Stock Gains on sales or trades, How To Figure Gain or Loss, Gain on Sale or Trade of Depreciable Property, Property received from a related party. Nd state income tax (see also Capital gains and losses) Gifts, What's New, Income from property given to a child. Nd state income tax , Property Received as a Gift, Property received as a gift. Nd state income tax Gifts of shares, Shares received as gift. Nd state income tax Government obligations, Government obligations. Nd state income tax H Hedging transactions, Hedging exception. Nd state income tax , Hedging Transactions, Hedging transaction. Nd state income tax Help (see Tax help) Holding period Investment property, Holding Period Replacement stock, Holding period of replacement stock. Nd state income tax Shares acquired by reinvestment, Reinvested distributions. Nd state income tax Straddles, Holding Period and Loss Treatment Rules I Income from sources outside U. Nd state income tax S. Nd state income tax , Reminders Income tax treaties (Table 1-3), Qualified Dividends Indian tribal government, Indian tribal government. Nd state income tax Individual retirement arrangements (IRAs) Interest income, Individual retirement arrangements (IRAs). Nd state income tax Inflation-indexed debt instruments, Inflation-Indexed Debt Instruments, Stripped inflation-indexed debt instruments. Nd state income tax Inherited property Basis, Property Received as Inheritance Holding period, Inherited property. Nd state income tax Transfer by inheritance, Transfer by inheritance. Nd state income tax Insolvency of contractors, Insolvency of contractor. Nd state income tax Installment sales, Installment sales. Nd state income tax Insurance Borrowing on, Borrowing on insurance. Nd state income tax Dividends, interest on, Interest on insurance dividends. Nd state income tax , Dividends on insurance policies. Nd state income tax Interest option on, Interest option on insurance. Nd state income tax Life insurance companies, demutualization, Demutualization of Life Insurance Companies Life, paid to beneficiary, Insurance Prepaid premiums, Prepaid insurance premiums. Nd state income tax Single-premium life, Single-premium life insurance, endowment, and annuity contracts. Nd state income tax Trades, Insurance Policies and Annuities Veterans' dividends, interest on, Interest on VA dividends. Nd state income tax , Dividends on veterans' insurance. Nd state income tax Interest expenses Allocation of, Allocation of Interest Expense Investment interest, Investment Interest Limit on, Limit on interest deduction for market discount bonds. Nd state income tax , Limit on Deduction When to deduct, When To Deduct Investment Interest Margin accounts, Interest on margin accounts. Nd state income tax Paid in advance, Interest paid in advance. Nd state income tax Straddles, Interest expense and carrying charges on straddles. Nd state income tax Interest income, Interest Income Annuity contracts, Interest on annuity contract. Nd state income tax Bonds traded flat, Bonds traded flat. Nd state income tax Certificates of deposits, Certificates of deposit and other deferred interest accounts. Nd state income tax Condemnation awards, Interest on condemnation award. Nd state income tax Deferred interest accounts, Certificates of deposit and other deferred interest accounts. Nd state income tax Dividends on deposit or share accounts, Dividends that are actually interest. Nd state income tax Frozen deposits, Interest income on frozen deposits. Nd state income tax , Frozen deposits. Nd state income tax Gift for opening account, Gift for opening account. Nd state income tax Individual retirement arrangements (IRAs), Individual retirement arrangements (IRAs). Nd state income tax Installment sale payments, Installment sale payments. Nd state income tax Insurance dividends, Interest on insurance dividends. Nd state income tax Money market funds, Money market funds. Nd state income tax Nominee distributions, Nominees. Nd state income tax Prepaid insurance premiums, Prepaid insurance premiums. Nd state income tax Reporting, When To Report Interest Income, Penalty on early withdrawal of savings. Nd state income tax Seller-financed mortgage, Form 1040A. Nd state income tax , Interest on seller-financed mortgage. Nd state income tax Tax refunds, Interest on tax refunds. Nd state income tax Tax-exempt, Tax-Exempt Interest, Reporting tax-exempt interest. Nd state income tax Taxable, Taxable Interest — General, Bonds traded flat. Nd state income tax , Taxation of interest. Nd state income tax , Taxable Interest U. Nd state income tax S. Nd state income tax savings bonds, person responsible for tax (Table 1-2), Table 1-2. Nd state income tax Who Pays the Tax on U. Nd state income tax S. Nd state income tax Savings Bond Interest Underreported, Underreported interest and dividends. Nd state income tax Unstated, Unstated interest. Nd state income tax Usurious interest, Usurious interest. Nd state income tax VA insurance dividends, Interest on VA dividends. Nd state income tax Investment clubs, Investment Clubs, Filing requirement. Nd state income tax Investment counsel and advice, Investment counsel and advice. Nd state income tax Investment expenses, Investment Expenses Allocated, Allocated investment expenses. Nd state income tax At-risk rules, At-risk rules. Nd state income tax Deductible, Expenses of Producing Income Interest, Investment interest deducted. Nd state income tax Limits on deductions, Limits on Deductions Nondeductible, Nondeductible Expenses Pass-through entities, Investment expenses from pass-through entities. Nd state income tax Reporting requirements, How To Report Investment Expenses Investment income, Investment Income Children, Tax on unearned income of certain children. Nd state income tax , Investment income of child reported on parent's return. Nd state income tax General Information, General Information Net income, Net Investment Income Records to keep, General Information Reporting of (Table 1-1), Table 1-1. Nd state income tax Where To Report Common Types of Investment Income Investment property, Investment property. Nd state income tax Basis, Basis of Investment Property Definition, Investment property. Nd state income tax Gain or loss treatment, Investment property. Nd state income tax Gift, received as, Property Received as a Gift Holding period, Holding Period Liquidation, received in, Investment property received in liquidation. Nd state income tax Nontaxable trades, received in, Property Received in Nontaxable Trades Sales and trades, Sales and Trades of Investment Property Services, received for, Property Received for Services Spouse, received from, Property Received From Your Spouse Taxable trades, received in, Property Received in Taxable Trades J Joint accounts, Joint accounts. Nd state income tax Joint and separate returns, Joint return. Nd state income tax , Joint and separate returns. Nd state income tax L Life insurance companies demutualization, Demutualization of Life Insurance Companies Like-kind exchanges, Like-Kind Exchanges, Like-Kind Exchanges Basis of property received, Basis of property received. Nd state income tax Reporting requirements, How to report. Nd state income tax Liquidating distributions, Liquidating Distributions, Investment property received in liquidation. Nd state income tax Listed options, Listed option. Nd state income tax Load charges, Commissions and load charges. Nd state income tax Loans Below-market, Below-Market Loans, Effective dates. Nd state income tax Gift and demand, Gift and demand loans. Nd state income tax Guarantees, Loan guarantees. Nd state income tax Term, Term loans. Nd state income tax Local government obligations (see State or local government obligations) Long-term capital gains and losses, Short-Term or Long-Term Capital Gain or Loss, Long-term gains and losses. Nd state income tax Long-term debt instruments, Long-term debt instruments issued after 1954 and before May 28, 1969 (or before July 2, 1982, if a government instrument). Nd state income tax Losses on sales or trades, Property received from a related party. Nd state income tax (see also Capital gains and losses) Amount calculation, How To Figure Gain or Loss Carryback election, Loss carryback election. Nd state income tax , Loss carryback election. Nd state income tax Mutual fund or REIT stock held 6 months or less, Loss on mutual fund or REIT stock held 6 months or less. Nd state income tax Passive activities, Passive activity losses. Nd state income tax , Passive activity losses. Nd state income tax , Passive activity losses and credits. Nd state income tax , Losses from passive activities. Nd state income tax Related parties, Losses on Sales or Trades of Property Section 1244 (small business) stock, Losses on Section 1244 (Small Business) Stock Small business investment company stock, Losses on Small Business Investment Company Stock Wash sales, Coordination of Loss Deferral Rules and Wash Sale Rules M Mark-to-market election, Mark-to-market election made. Nd state income tax Marked-to-market rules, Marked-to-Market Rules, Mark-to-market election made. Nd state income tax Market discount bonds, Market discount. Nd state income tax , Market Discount Bonds, Partial principal payments. Nd state income tax , Limit on interest deduction for market discount bonds. Nd state income tax , Market discount on bonds. Nd state income tax , Market discount bonds. Nd state income tax , Market discount bonds. Nd state income tax Accrued market discount, Accrued market discount. Nd state income tax Maximum rate of capital gains (Table 4-4), Table 4-4. Nd state income tax What Is Your Maximum Capital Gain Rate? Mechanics' and suppliers' liens, Mechanics' and suppliers' liens. Nd state income tax Meetings, expenses of attending, Stockholders' meetings. Nd state income tax Missing children, photographs of, Reminders Mixed straddles, Mixed straddles. Nd state income tax , Mixed straddles. Nd state income tax Money market funds, Money Market Funds Interest income, Money market funds. Nd state income tax Mortgages Revenue bonds, Mortgage revenue bonds. Nd state income tax Secondary liability on home, Secondary liability on home mortgage. Nd state income tax Seller-financed, Interest on seller-financed mortgage. Nd state income tax Municipal bonds, State or Local Government Obligations, Reporting tax-exempt interest. Nd state income tax , Tax-exempt state and local government bonds. Nd state income tax (see also State or local government obligations) Mutual funds, Capital Gain Distributions, Other income (nonpassive income). Nd state income tax , Choosing to include net capital gain. Nd state income tax , Including mutual fund or REMIC expenses in income. Nd state income tax , Shares in a mutual fund or REIT. Nd state income tax , Special Rules for Mutual Funds, Loss on mutual fund or REIT stock held 6 months or less. Nd state income tax Individual retirement arrangements (IRAs), Qualified retirement plans and IRAs. Nd state income tax publicly offered, Publicly-offered mutual funds. Nd state income tax N Net Investment Income Tax, What's New, Net investment income tax (NIIT). Nd state income tax New York Liberty bonds, New York Liberty bonds. Nd state income tax NIIT, What's New, Net investment income tax (NIIT). Nd state income tax Nominee distributions Dividends, Nominees. Nd state income tax , Nominees. Nd state income tax Interest income, Nominees. Nd state income tax , Nominee distributions. Nd state income tax Original issue discount, Nominee. Nd state income tax Nonbusiness bad debts, Nonbusiness bad debt. Nd state income tax , Nonbusiness Bad Debts Noncapital assets, Capital Assets and Noncapital Assets Nondeductible investment expenses, Nondeductible Expenses Nondividend distributions, Nondividend Distributions Nonequity options, Nonequity option. Nd state income tax Nonqualified preferred stock, Nonqualified preferred stock. Nd state income tax Nonresident aliens Backup withholding, Nonresident aliens. Nd state income tax Nontaxable return of capital, Basis adjustment. Nd state income tax Nontaxable stock rights, Nontaxable stock rights. Nd state income tax Nontaxable trades, Nontaxable Trades, Nontaxable trades. Nd state income tax Notes Individuals, bought at discount, Notes of individuals. Nd state income tax U. Nd state income tax S. Nd state income tax Treasury (see U. Nd state income tax S. Nd state income tax Treasury bills, notes, and bonds) O Office expenses, Clerical help and office rent. Nd state income tax Options, Options Calls and puts, Puts and Calls Cash settlement, Cash-settled options. Nd state income tax , Cash settlement option. Nd state income tax Dealer equity, Dealer equity option. Nd state income tax Deep-in-the-money, Qualified covered call options and optioned stock. Nd state income tax Employee stock, Reminders Equity, Equity option. Nd state income tax Gain or loss, Options, Qualified covered call options and optioned stock. Nd state income tax Holding period, Option exercised. Nd state income tax Listed, Listed option. Nd state income tax Nonequity, Nonequity option. Nd state income tax Qualified covered call, Qualified covered call options and optioned stock. Nd state income tax Reporting requirements, How to report. Nd state income tax Section 1256 contracts, Section 1256 Contracts Marked to Market, Section 1256 contract options. Nd state income tax Wash sales, Options and futures contracts. Nd state income tax Ordinary gains and losses, Capital or Ordinary Gain or Loss, Ordinary loss or casualty loss. Nd state income tax Original issue discount (OID), Original issue discount. Nd state income tax , Original Issue Discount (OID), Stripped tax-exempt obligations. Nd state income tax , Original issue discount (OID) on debt instruments. Nd state income tax Adjustment to, Original issue discount (OID) adjustment. Nd state income tax Reporting requirements, Exceptions to reporting OID. Nd state income tax , Form 1099-OID Rules, Applying the OID Rules P Pass-through entities Rollover of gain, Pass-through entity. Nd state income tax Passive activities Gains and losses, Passive activity losses. Nd state income tax , Passive activity losses. Nd state income tax , Passive activity losses and credits. Nd state income tax , Losses from passive activities. Nd state income tax , Passive activity gains and losses. Nd state income tax Patronage dividends, Patronage dividends. Nd state income tax Penalties Accuracy-related, Accuracy-related penalty. Nd state income tax , Accuracy-related penalties. Nd state income tax Backup withholding, Penalties. Nd state income tax Civil fraud, Civil fraud penalty. Nd state income tax Early withdrawal, Interest subject to penalty for early withdrawal. Nd state income tax , Penalty on early withdrawal of savings. Nd state income tax Failure to pay tax, Failure to pay tax. Nd state income tax Failure to supply SSN, Penalty for failure to supply SSN. Nd state income tax Substantial understatement, Substantial understatement of tax. Nd state income tax Valuation misstatement, Substantial valuation misstatement. Nd state income tax Political parties Debts owed by, Debts owed by political parties. Nd state income tax Preferred stock Nonqualified, Nonqualified preferred stock. Nd state income tax Redeemable at a premium, Preferred stock redeemable at a premium. Nd state income tax Stripped, Stripped Preferred Stock Premiums on bonds, Bond premium. Nd state income tax , Premiums on bonds. Nd state income tax Private activity bonds, Private activity bonds. Nd state income tax Public utility stock reinvestment, Public utilities. Nd state income tax Publications (see Tax help) Puts and calls, Puts and Calls Table 4-3, Table 4-3. Nd state income tax Puts and Calls Q Qualified dividends, Qualified dividends. Nd state income tax Qualified small business stock, Qualified small business stock. Nd state income tax , Qualified small business stock. Nd state income tax , Gains on Qualified Small Business Stock Gains on, Gains on Qualified Small Business Stock R Real estate investment trusts (REITs), Undistributed capital gains of mutual funds and REITs. Nd state income tax , Shares in a mutual fund or REIT. Nd state income tax , Loss on mutual fund or REIT stock held 6 months or less. Nd state income tax Real estate mortgage investment conduits (REMICs), REMICs, Expenses. Nd state income tax , Including mutual fund or REMIC expenses in income. Nd state income tax Regular interest, Regular Interest Residual interest, Residual Interest, Residual interests in a REMIC. Nd state income tax Recordkeeping requirements Education Savings Bond Program, Education Savings Bond Program Investment income, General Information Small business stock, Losses on Section 1244 (Small Business) Stock Redemption of stock, Redemption of stock. Nd state income tax Redemption or retirement of bonds, Redemption or retirement of bonds. Nd state income tax Regulated futures contract, Regulated futures contract. Nd state income tax Reinvestment rights, Commissions and load charges. Nd state income tax REITs (see Real estate investment trusts (REITs)) Related party transactions, Unpaid expenses owed to related party. Nd state income tax , Related Party Transactions, Property received from a related party. Nd state income tax Related persons, Related persons. Nd state income tax REMICs (see Real estate mortgage investment conduits (REMICs)) Reorganizations, corporate, Corporate reorganizations. Nd state income tax Reporting requirements Bad debts, How to report bad debts. Nd state income tax Bond premium amortization, How To Report Amortization Capital gains and losses, How To Report Gains and Losses (Form 6781), How to report gain. Nd state income tax , Reporting Capital Gains and Losses Dividend income, How To Report Dividend Income Exempt-interest dividends, Information reporting requirement. Nd state income tax Interest on U. Nd state income tax S. Nd state income tax savings bonds, Reporting options for cash method taxpayers. Nd state income tax , Choice to report interest each year. Nd state income tax Investment expenses, How To Report Investment Expenses Like-kind exchanges, How to report. Nd state income tax Options, How to report. Nd state income tax Original issue discount, Form 1099-OID S corporation income, deductions, and credits, Reporting S corporation income, deductions, and credits. Nd state income tax Section 1256 contracts, How To Report State or local government obligations, Information reporting requirement. Nd state income tax Straddles, Section 1256 contracts and straddles. Nd state income tax Substitute payments, Reporting Substitute Payments Tax-exempt interest income, Reporting tax-exempt interest. Nd state income tax Trades, How To Report Repossession of real property, Real property repossessed. Nd state income tax Restricted property, Restricted property. Nd state income tax Restricted stock, Dividends received on restricted stock. Nd state income tax Retirement of debt instrument, Retirement of debt instrument. Nd state income tax Return of capital (see Nondividend distributions) Revocable trust, trustee's commissions for, Trustee's commissions for revocable trust. Nd state income tax Rollover of gain from sale Securities, Rollover of Gain From Publicly Traded Securities, Rollover of Gain S S corporations, S Corporations, S corporation stock. Nd state income tax Safe deposit box, Safe deposit box rent. Nd state income tax Sales and trades of investment property, Sales and Trades of Investment Property Definition, What Is a Sale or Trade? Savings bonds (see U. Nd state income tax S. Nd state income tax savings bonds) SBIC stock (see Small business investment company stock) Scrip dividends, Scrip dividends. Nd state income tax Section 1202 gain, Section 1202 Exclusion, Gain on qualified small business stock. Nd state income tax Section 1244 stock, Losses on Section 1244 (Small Business) Stock Section 1250 gain, Unrecaptured section 1250 gain. Nd state income tax Section 1256 contracts, Section 1256 Contracts Marked to Market, Section 1256 contracts. Nd state income tax , Section 1256 contract options. Nd state income tax , Section 1256 contracts and straddles. Nd state income tax Net gain on, Net section 1256 contracts gain. Nd state income tax Net loss on, Net section 1256 contracts loss. Nd state income tax Reporting requirements, How To Report Securities Holding period, Holding Period Installment sales, Installment sales. Nd state income tax Lost, stolen, etc. Nd state income tax , cost of replacing, Cost of replacing missing securities. Nd state income tax Rollover of gain from sale, Rollover of Gain From Publicly Traded Securities, Rollover of Gain Traders in, Special Rules for Traders in Securities Worthless, Worthless Securities, Worthless securities. Nd state income tax Securities futures contracts, Dealer securities futures contract. Nd state income tax , Securities futures contract. Nd state income tax , Securities Futures Contracts Self-employment income, Self-Employment Income Self-employment tax, Self-employment tax. Nd state income tax Seller-financed mortgages, Interest on seller-financed mortgage. Nd state income tax Short sales, Short Sales, Extraordinary dividends. Nd state income tax Adjusted basis, Short sales. Nd state income tax Expenses of, Short-sale expenses. Nd state income tax Extraordinary dividends, Extraordinary dividends. Nd state income tax Puts, Put option as short sale. Nd state income tax Small business investment company stock, Short sale. Nd state income tax Short-term capital gains and losses, Short-Term or Long-Term Capital Gain or Loss, Short-term gains and losses. Nd state income tax Short-term obligations, Discount on Short-Term Obligations, Choosing to include accrued discount and other interest in current income. Nd state income tax , Acquisition discount on short-term obligations. Nd state income tax , Short-term government obligations. Nd state income tax Interest deduction, limit on, Limit on interest deduction for short-term obligations. Nd state income tax Sixty/forty (60/40) rule, 60/40 rule. Nd state income tax Small business investment company stock, Losses on Small Business Investment Company Stock, SSBIC stock. Nd state income tax Reporting requirements, How to report. Nd state income tax Small business stock, Qualified small business stock. Nd state income tax , Losses on Section 1244 (Small Business) Stock, Qualified small business stock. Nd state income tax , Gains on Qualified Small Business Stock Social security number (SSN) Custodial accounts, Custodian account for your child. Nd state income tax Joint accounts, SSN for joint account. Nd state income tax Requirement to give, Social security number (SSN). Nd state income tax Specialized small business investment company stock, Specialized small business investment company stock or partnership interest. Nd state income tax , SSBIC stock. Nd state income tax Spouses Transfers between, Property Received From Your Spouse, Transfers Between Spouses (see also Related party transactions) State or local government obligations, State or Local Government Obligations, Taxable Interest Market discount bonds (see Market discount bonds) Private activity bonds, Private activity bonds. Nd state income tax Registration requirement, Registration requirement. Nd state income tax Tax-exempt interest, Tax-Exempt Interest Taxable interest, Taxable Interest Stock Basis, Basis adjustment. Nd state income tax , Basis adjustment. Nd state income tax , Basis. Nd state income tax , Stocks and Bonds, Basis of replacement stock. Nd state income tax Capital asset, Stocks, stock rights, and bonds. Nd state income tax Constructive ownership, Constructive ownership of stock. Nd state income tax Convertible, Convertible stocks and bonds. Nd state income tax Corporate, Corporate Stocks Dividends (see Dividends) Fractional shares, Fractional shares. Nd state income tax , Automatic investment service. Nd state income tax Identification, Identifying stock or bonds sold. Nd state income tax Installment sales, Installment sales. Nd state income tax Nonqualified preferred stock, Nonqualified preferred stock. Nd state income tax Options for employees, Reminders Public utility, reinvestment, Public utilities. Nd state income tax Redemption of, Redemption of stock. Nd state income tax Replacement stock, Basis of replacement stock. Nd state income tax Restricted stock, Dividends received on restricted stock. Nd state income tax Rights, Distributions of Stock and Stock Rights, Stock rights. Nd state income tax , Nontaxable stock rights. Nd state income tax S corporations, S corporation stock. Nd state income tax Sales to ESOPs or cooperatives, Sales of Stock to ESOPs or Certain Cooperatives Small business, Qualified small business stock. Nd state income tax , Qualified small business stock. Nd state income tax Specialized small business investment company, Specialized small business investment company stock or partnership interest. Nd state income tax Splits, Stock splits. Nd state income tax Straddles (see Straddles) Stripped preferred stock, Stripped Preferred Stock Surrender of, Surrender of stock. Nd state income tax Trades, Stock for stock of the same corporation. Nd state income tax Trust instruments treated as, Certain trust instruments treated as stock. Nd state income tax Straddles, Straddles, Interest expense and carrying charges relating to mixed straddle account positions. Nd state income tax Holding period, Holding Period and Loss Treatment Rules Interest expense and carrying charges, Interest expense and carrying charges on straddles. Nd state income tax Loss deferral rules, Loss Deferral Rules Mixed, Mixed straddles. Nd state income tax , Mixed straddles. Nd state income tax , Mixed Straddle Elections Reporting requirements, Section 1256 contracts and straddles. Nd state income tax Stripped bonds and coupons, Stripped bonds or coupons. Nd state income tax , Stripped Bonds and Coupons, Stripped tax-exempt obligation. Nd state income tax Stripped preferred stock, Stripped Preferred Stock Substitute payments, Reporting Substitute Payments T Tables Capital gains maximum rate (Table 4-4), Table 4-4. Nd state income tax What Is Your Maximum Capital Gain Rate? Income tax treaties (Table 1-3), Qualified Dividends Investment income, reporting of (Table 1-1), Table 1-1. Nd state income tax Where To Report Common Types of Investment Income Puts and calls (Table 4-3), Table 4-3. Nd state income tax Puts and Calls U. Nd state income tax S. Nd state income tax savings bonds, person responsible for tax (Table 1-2), Table 1-2. Nd state income tax Who Pays the Tax on U. Nd state income tax S. Nd state income tax Savings Bond Interest Tax credit bonds, Tax credit bonds. Nd state income tax Tax help, How To Get Tax Help Tax rates, What's New Capital gain and losses, Capital Gain Tax Rates Tax refunds Interest on, Interest on tax refunds. Nd state income tax Tax shelters, Tax Shelters and Other Reportable Transactions, Whether To Invest Penalties, Penalties Reporting requirements, Investor Reporting Rules to curb abuse, Rules To Curb Abusive Tax Shelters Tax-exempt bonds, Tax-exempt state and local government bonds. Nd state income tax Tax-exempt income Expenses of, Tax-exempt income. Nd state income tax Interest, Tax-Exempt Interest, Reporting tax-exempt interest. Nd state income tax Tax-exempt obligations, Tax-Exempt Interest, Stripped tax-exempt obligations. Nd state income tax , Discounted tax-exempt obligations. Nd state income tax Taxable income, expenses of, Expenses for both tax-exempt and taxable income. Nd state income tax Taxes State and local transfer, State and local transfer taxes. Nd state income tax State income, State income taxes. Nd state income tax Term loans, Term loans. Nd state income tax Trade or business, Passive activity. Nd state income tax Traders in securities, Special Rules for Traders in Securities Trades Insurance, Insurance Policies and Annuities Investment property, Sales and Trades of Investment Property Like-kind, Like-Kind Exchanges, Like-Kind Exchanges Nontaxable, Property Received in Nontaxable Trades, Nontaxable Trades, Nontaxable trades. Nd state income tax Reporting requirements, How To Report Stock, Stock for stock of the same corporation. Nd state income tax Taxable, Property Received in Taxable Trades U. Nd state income tax S. Nd state income tax Treasury notes or bonds, U. Nd state income tax S. Nd state income tax Treasury Notes or Bonds Treasury bills, notes, and bonds (see U. Nd state income tax S. Nd state income tax Treasury bills, notes, and bonds) Treasury inflation-indexed securities, Inflation-Indexed Debt Instruments Treasury inflation-protected securities (TIPS), Treasury inflation-protected securities (TIPS). Nd state income tax , Inflation-Indexed Debt Instruments Treaties, income tax (Table 1-3), Qualified Dividends Trust income received by beneficiary, Beneficiary of an estate or trust. Nd state income tax Trustee's commission for revocable trust, Trustee's commissions for revocable trust. Nd state income tax U U. Nd state income tax S. Nd state income tax savings bonds, U. Nd state income tax S. Nd state income tax obligations. Nd state income tax , U. Nd state income tax S. Nd state income tax Savings Bonds Reporting interest on, U. Nd state income tax S. Nd state income tax obligations. Nd state income tax , U. Nd state income tax S. Nd state income tax Savings Bonds Retirement or profit-sharing plan, distributed from, Savings bonds distributed from a retirement or profit-sharing plan. Nd state income tax Worksheet, Worksheet for savings bonds distributed from a retirement or profit-sharing plan. Nd state income tax Tax, responsible person (Table 1-2), Table 1-2. Nd state income tax Who Pays the Tax on U. Nd state income tax S. Nd state income tax Savings Bond Interest U. Nd state income tax S. Nd state income tax Treasury bills, notes, and bonds, U. Nd state income tax S. Nd state income tax obligations. Nd state income tax , U. Nd state income tax S. Nd state income tax Treasury Bills, Notes, and Bonds, U. Nd state income tax S. Nd state income tax Treasury Notes or Bonds, U. Nd state income tax S. Nd state income tax Treasury notes and bonds. Nd state income tax Undistributed capital gains, Undistributed capital gains. Nd state income tax Usurious interest, Usurious interest. Nd state income tax V Veterans' insurance Dividends on, Dividends on veterans' insurance. Nd state income tax W Warrants, Warrants. Nd state income tax Wash sales, Wash Sales, Securities Futures Contracts Holding period, Wash sales. Nd state income tax Loss deferral rules, straddles, Coordination of Loss Deferral Rules and Wash Sale Rules Withholding, backup, Backup withholding. Nd state income tax Worksheets Capital loss carryover, Worksheet 4-1. Nd state income tax Capital Loss Carryover Worksheet Worthless securities, Worthless Securities, Worthless securities. Nd state income tax Prev  Up     Home   More Online Publications
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Grand Rapids, MI

Website: Better Business Bureau

Email: info@westernmichigan.bbb.org

Address: Better Business Bureau
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Grand Rapids, MI 49546

Phone Number: 616-774-8236

Southfield, MI

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Address: Better Business Bureau
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Phone Number: 248-223-9400

The Nd State Income Tax

Nd state income tax Publication 80 - Main Content Table of Contents Introduction 1. Nd state income tax Employer Identification Number (EIN) 2. Nd state income tax Who Are Employees?Tests. Nd state income tax Business Owned and Operated by Spouses Farm Crew Leaders 3. Nd state income tax Employee's Social Security Number (SSN)Registering for SSNVS. Nd state income tax 4. Nd state income tax Wages and Other CompensationFringe Benefits 5. Nd state income tax TipsOrdering rule. Nd state income tax 6. Nd state income tax Social Security and Medicare Taxes for FarmworkersThe $150 Test or the $2,500 Test 7. Nd state income tax How To Figure Social Security and Medicare TaxesHousehold and agricultural employers. Nd state income tax 8. Nd state income tax Depositing TaxesPayment with Return When To Deposit How To Deposit Deposit Penalties 9. Nd state income tax Employer's ReturnsReporting Adjustments to Form 941-SS, 944-SS, 944, or 943 Current Period Adjustments Prior Period Adjustments 10. Nd state income tax Wage and Tax StatementsWaiver. Nd state income tax 11. Nd state income tax Federal Unemployment (FUTA) Tax—U. Nd state income tax S. Nd state income tax Virgin Islands Employers Only How To Get Tax Help Introduction This publication is for employers whose principal place of business is in the U. Nd state income tax S. Nd state income tax Virgin Islands, Guam, American Samoa, or the Commonwealth of the Northern Mariana Islands, or who have employees who are subject to income tax withholding for any of these jurisdictions. Nd state income tax Employers and employees in these areas are generally subject to social security and Medicare taxes under the Federal Insurance Contributions Act (FICA). Nd state income tax See section 6 and section 7 for more information. Nd state income tax This publication summarizes employer responsibilities to collect, pay, and report these taxes. Nd state income tax Whenever the term “United States” is used in this publication, it includes U. Nd state income tax S. Nd state income tax Virgin Islands, Guam, American Samoa, and the Commonwealth of the Northern Mariana Islands. Nd state income tax This publication also provides employers in the U. Nd state income tax S. Nd state income tax Virgin Islands with a summary of their responsibilities in connection with the tax under the Federal Unemployment Tax Act, known as FUTA tax. Nd state income tax See section 11 for more information. Nd state income tax Except as shown in the table in section 12, social security, Medicare, and FUTA taxes apply to every employer who pays taxable wages to employees or who has employees who report tips. Nd state income tax This publication does not include information relating to the self-employment tax (for social security and Medicare of self-employed persons). Nd state income tax See Publication 570, Tax Guide for Individuals With Income From U. Nd state income tax S. Nd state income tax Possessions, if you need this information. Nd state income tax This publication also does not include information relating to income tax withholding. Nd state income tax In U. Nd state income tax S. Nd state income tax Virgin Islands, Guam, American Samoa, and the Commonwealth of the Northern Mariana Islands, contact your local tax department for information about income tax withholding. Nd state income tax See Publication 15 (Circular E), for information on U. Nd state income tax S. Nd state income tax federal income tax withholding. Nd state income tax Comments and suggestions. Nd state income tax   We welcome your comments about this publication and your suggestions for future editions. Nd state income tax   You can write to us at the following address: Internal Revenue Service Tax Forms and Publications Division 1111 Constitution Ave. Nd state income tax NW, IR-6526 Washington, DC 20224   We respond to many letters by telephone. Nd state income tax Therefore, it would be helpful if you would include your daytime phone number, including the area code, in your correspondence. Nd state income tax    You can also send us comments from www. Nd state income tax irs. Nd state income tax gov/formspubs. Nd state income tax Click on More Information and then click on Comment on Tax Forms and Publications. Nd state income tax   Although we cannot respond individually to each comment received, we do appreciate your feedback and will consider your comments as we revise our tax forms, instructions, and publications. Nd state income tax 1. Nd state income tax Employer Identification Number (EIN) An employer identification number (EIN) is a nine-digit number that the IRS issues. Nd state income tax Its format is 00-0000000. Nd state income tax It is used to identify the tax accounts of employers and certain other organizations and entities that have no employees. Nd state income tax Use your EIN on all of the items that you send to the IRS and SSA for your business. Nd state income tax If you do not have an EIN, you may apply for one online. Nd state income tax Go to IRS. Nd state income tax gov and click on the Apply for an EIN Online link under Tools. Nd state income tax You may also apply for an EIN by calling 1-800-829-4933, (U. Nd state income tax S. Nd state income tax Virgin Islands only) or 267-941-1099 (toll call), or you can fax or mail Form SS-4, Application for Employer Identification Number, to the IRS. Nd state income tax Do not use a social security number (SSN) in place of an EIN. Nd state income tax If you do not have an EIN by the time a return is due, file a paper return and enter “Applied For” and the date that you applied for it in the space shown for the number. Nd state income tax If you took over another employer's business, do not use that employer's EIN. Nd state income tax You should have only one EIN. Nd state income tax If you have more than one, write to the IRS office where you file your returns using the “without a payment” address in the Instructions for Form 941-SS, Instructions for Form 944, or Instructions for Form 943. Nd state income tax Or call the IRS Business & Specialty Tax Line at 1-800-829-4933 (U. Nd state income tax S. Nd state income tax Virgin Islands only) or 267-941-1000 (toll call). Nd state income tax Persons who are deaf, hard of hearing, or have a speech disability (TDD/TTY users) in the U. Nd state income tax S. Nd state income tax Virgin Islands may call 1-800-829-4059. Nd state income tax The IRS will tell you which EIN to use. Nd state income tax For more information, see Publication 1635, Employer Identification Number: Understanding Your EIN, or Publication 583, Starting a Business and Keeping Records. Nd state income tax 2. Nd state income tax Who Are Employees? Generally, employees are defined either under common law or under special statutes for certain situations. Nd state income tax See Publication 15-A, Employer's Supplemental Tax Guide, for details on statutory employees and nonemployees. Nd state income tax Employee status under common law. Nd state income tax   Generally, a worker who performs services for you is your employee if you can control what will be done and how it will be done. Nd state income tax This is so even when you give the employee freedom of action. Nd state income tax What matters is that you have the right to control the details of how the services are performed. Nd state income tax See Publication 15-A for more information on how to determine whether an individual providing services is an independent contractor or an employee. Nd state income tax    Generally, people in business for themselves are not employees. Nd state income tax For example, doctors, lawyers, veterinarians, and others in an independent trade in which they offer their services to the public are usually not employees. Nd state income tax However, if the business is incorporated, corporate officers who work in the business are employees of the corporation. Nd state income tax   If an employer-employee relationship exists, it does not matter what it is called. Nd state income tax The employee may be called an agent or independent contractor. Nd state income tax It also does not matter how payments are measured or paid, what they are called, or if the employee works full or part time. Nd state income tax Statutory employees. Nd state income tax   There are also some special definitions of employees for social security, Medicare, and FUTA taxes. Nd state income tax   While the following persons may not be common law employees, they are considered employees for social security and Medicare purposes if the conditions under Tests , discussed later, are met. Nd state income tax a. Nd state income tax   An agent (or commission) driver who delivers food or beverages (other than milk) or picks up and delivers laundry or dry cleaning for someone else. Nd state income tax b. Nd state income tax   A full-time life insurance salesperson who sells primarily for one company. Nd state income tax c. Nd state income tax   A homeworker who works by the guidelines of the person for whom the work is done, with materials furnished by and returned to that person or to someone that person designates. Nd state income tax d. Nd state income tax   A traveling or city salesperson (other than an agent-driver or commission-driver) who works full time (except for sideline sales activities) for one firm or person getting orders from customers. Nd state income tax The orders must be for merchandise for resale or supplies for use in the customer's business. Nd state income tax The customers must be retailers, wholesalers, contractors, or operators of hotels, restaurants, or other businesses dealing with food or lodging. Nd state income tax Tests. Nd state income tax   Withhold social security and Medicare taxes from statutory employees' wages if all three of the following tests apply. Nd state income tax The service contract states or implies that almost all of the services are to be performed personally by them. Nd state income tax They have little or no investment in the equipment and property used to perform the services (other than an investment in transportation facilities). Nd state income tax The services are performed on a continuing basis for the same payer. Nd state income tax Persons in a or d, earlier, are also employees for FUTA tax purposes if tests 1 through 3 are met (U. Nd state income tax S. Nd state income tax Virgin Islands only). Nd state income tax   Publication 15-A gives examples of the employer-employee relationship. Nd state income tax Statutory nonemployees. Nd state income tax   Certain direct sellers, qualified real estate agents, and certain companion sitters are, by law, considered nonemployees. Nd state income tax They are generally treated as self-employed for employment tax purposes. Nd state income tax See Publication 15-A for details. Nd state income tax H-2A agricultural workers. Nd state income tax   On Form W-2, do not check box 13 (Statutory employee) as H-2A workers are not statutory employees. Nd state income tax Treating employees as nonemployees. Nd state income tax   If you incorrectly treated an employee as a nonemployee and did not withhold social security and Medicare taxes, you will be liable for the taxes. Nd state income tax See Treating employees as nonemployees in section 2 of Publication 15 (Circular E), for details on Internal Revenue Code section 3509, which may apply. Nd state income tax IRS help. Nd state income tax   If you want the IRS to determine if a worker is an employee, file Form SS-8, Determination of Worker Status for Purposes of Federal Employment Taxes and Income Tax Withholding. Nd state income tax Voluntary Classification Settlement Program (VCSP). Nd state income tax   Employers who are currently treating their workers (or a class or group of workers) as independent contractors or other nonemployees and want to voluntarily reclassify their workers as employees for future tax periods may be eligible to participate in the VCSP if certain requirements are met. Nd state income tax To apply, use Form 8952, Application for Voluntary Classification Settlement Program (VCSP). Nd state income tax For more information, visit IRS. Nd state income tax gov and enter “VCSP” in the search box. Nd state income tax Business Owned and Operated by Spouses If you and your spouse jointly own and operate a business and share in the profits and losses, you are partners in a partnership, whether or not you have a formal partnership agreement. Nd state income tax See Publication 541, Partnerships, for more details. Nd state income tax The partnership is considered the employer of any employees, and is liable for any employment taxes due on wages paid to its employees. Nd state income tax Exception—Qualified Joint Venture. Nd state income tax   If you and your spouse materially participate as the only members of a jointly owned and operated business, and you file a joint Form 1040, U. Nd state income tax S. Nd state income tax Individual Income Tax Return, or joint Form 1040-SS, U. Nd state income tax S. Nd state income tax Self-Employment Tax Return—U. Nd state income tax S. Nd state income tax Virgin Islands, Guam, American Samoa, the Commonwealth of the Northern Mariana Islands, or Puerto Rico, you can make a joint election to be taxed as a qualified joint venture instead of a partnership. Nd state income tax See the Instructions for Schedule C (Form 1040) or the Instructions for Form 1040-SS. Nd state income tax Spouses electing qualified joint venture status are treated as sole proprietors for federal tax purposes. Nd state income tax Either of the sole proprietor spouses may report and pay the employment taxes due on wages paid to the employees, using the EIN of that spouse’s sole proprietorship. Nd state income tax For more information on qualified joint ventures, visit IRS. Nd state income tax gov and enter “qualified joint venture” in the search box. Nd state income tax Farm Crew Leaders You are an employer of farmworkers if you are a crew leader. Nd state income tax A crew leader is a person who furnishes and pays (either on his or her own behalf or on behalf of the farm operator) workers to do farmwork for the farm operator. Nd state income tax If there is no written agreement between you and the farm operator stating that you are his or her employee, and if you pay the workers (either for yourself or for the farm operator), then you are a crew leader. Nd state income tax 3. Nd state income tax Employee's Social Security Number (SSN) An employee's social security number (SSN) consists of nine digits separated as follows: 000-00-0000. Nd state income tax You must get each employee's name and SSN and enter them on Form W-2AS, W-2CM, W-2GU, or W-2VI. Nd state income tax If you do not report the employee's correct name and SSN, you may owe a penalty unless you have reasonable cause. Nd state income tax See Publication 1586, Reasonable Cause Regulations and Requirements for Missing and Incorrect Name/TINs, for information on the requirement to solicit the employee's SSN. Nd state income tax Employee's social security card. Nd state income tax   You should ask the employee to show you his or her social security card. Nd state income tax The employee may show the card if it is available. Nd state income tax Do not accept a social security card that says “Not valid for employment. Nd state income tax ” A social security number issued with this legend does not permit employment. Nd state income tax You may, but you are not required to, photocopy the social security card if the employee provides it. Nd state income tax If an employee does not have a social security card or needs a new one, the employee should apply for one on Form SS-5 and submit the necessary documentation. Nd state income tax The employee must complete and sign Form SS-5; it cannot be filed by the employer. Nd state income tax You may be asked to supply a letter to accompany Form SS-5 if the employee has exceeded his or her yearly or lifetime limit for the number of replacement cards allowed. Nd state income tax If your employee has applied for an SSN but has not received the card before you must file your Form W-2 reports, and you are filing your reports on paper, enter “Applied For” in box d. Nd state income tax Enter all zeroes in the SSN field if filing electronically. Nd state income tax When the employee receives the SSN, file Copy A of Form W-2c with SSA to show the employee's SSN. Nd state income tax Correctly record the employee's name and SSN. Nd state income tax   Record the name and number of each employee as they appear on his or her social security card. Nd state income tax If the name is not correct as shown on the card (for example, because of marriage or divorce), the employee should request a corrected card from the SSA. Nd state income tax Continue to use the old name until the employee shows you the replacement social security card with the corrected name. Nd state income tax   If the SSA issues the employee a replacement card after a name change, or a new card with a different social security number after a change in alien work status, file a Form W-2c to correct the name/SSN reported on the most recently filed Form W-2AS, W-2CM, W-2GU, or W-2VI. Nd state income tax It is not necessary to correct other years if the previous name and SSN were used for years before the most recent Form W-2. Nd state income tax Where to get and file social security number application forms. Nd state income tax    U. Nd state income tax S. Nd state income tax Virgin Islands—U. Nd state income tax S. Nd state income tax Social Security Administration, 8000 Nisky Center, First Floor, Suite 2, St. Nd state income tax Thomas, VI 00802. Nd state income tax  Guam—U. Nd state income tax S. Nd state income tax Social Security Administration, 655 Harmon Loop Road, Suite 300, Dededo, GU 96929. Nd state income tax  American Samoa—U. Nd state income tax S. Nd state income tax Social Security Administration, Pago Plaza, Suite 117, Pago Pago, AS 96799. Nd state income tax  Commonwealth of the Northern Mariana Islands—U. Nd state income tax S. Nd state income tax Social Security Administration, MH Building, Suite 201, Saipan, MP 96950. Nd state income tax Verification of social security numbers. Nd state income tax   Employers and authorized reporting agents can use the Social Security Number Verification Service (SSNVS) to instantly verify up to 10 names and SSNs (per screen) at a time, or submit an electronic file of up to 250,000 names and SSNs and usually receive the results the next business day. Nd state income tax Visit www. Nd state income tax socialsecurity. Nd state income tax gov/employer/ssnv. Nd state income tax htm for more information. Nd state income tax Registering for SSNVS. Nd state income tax   You must register online and receive authorization from your employer to use SSNVS. Nd state income tax To register, visit SSA's website at www. Nd state income tax ssa. Nd state income tax gov/employer and click on the Business Services Online link. Nd state income tax Follow the registration instructions to obtain a user identification (ID) and password. Nd state income tax You will need to provide the following information about yourself and your company. Nd state income tax Name. Nd state income tax SSN. Nd state income tax Date of birth. Nd state income tax Type of employer. Nd state income tax EIN. Nd state income tax Company name, address, and telephone number. Nd state income tax Email address. Nd state income tax   When you have completed the online registration process, SSA will mail a one-time activation code to your employer. Nd state income tax You must enter the activation code online to use SSNVS. Nd state income tax 4. Nd state income tax Wages and Other Compensation Generally, all wages are subject to social security and Medicare tax (and FUTA tax for U. Nd state income tax S. Nd state income tax Virgin Islands employers). Nd state income tax However, wages subject to social security tax and FUTA tax are limited by a wage base amount that you pay to each employee for the year. Nd state income tax The wage base for social security tax is $117,000 for 2014. Nd state income tax After you pay $117,000 to an employee in 2014, including tips, do not withhold social security tax on any amount that you later pay to the employee for the year. Nd state income tax The wage base for FUTA tax is $7,000 for 2014. Nd state income tax All wages are subject to Medicare tax. Nd state income tax The wages may be in cash or in other forms, such as an automobile for personal use. Nd state income tax Wages include salaries, vacation allowances, bonuses, commissions, and fringe benefits. Nd state income tax It does not matter how payments are measured or paid. Nd state income tax See the table in section 12 for exceptions to social security, Medicare, and FUTA taxes on wages. Nd state income tax See section 5 and section 6 for a discussion of how the rules apply to tips and farmworkers. Nd state income tax Social security and Medicare taxes apply to most payments of sick pay, including payments by third parties such as insurance companies. Nd state income tax Special rules apply to the reporting of third-party sick pay. Nd state income tax For details, see Publication 15-A. Nd state income tax Determine the value of noncash pay (such as goods, lodging, and meals) by its fair market value. Nd state income tax However, see Fringe Benefits , later in this section. Nd state income tax Except for farmworkers and household employees, this kind of pay may be subject to social security, Medicare, and FUTA taxes. Nd state income tax Back pay, including retroactive wage increases (but not amounts paid as liquidated damages), is taxed as ordinary wages in the year paid. Nd state income tax For information on reporting back pay to the Social Security Administration, see Publication 957, Reporting Back Pay and Special Wage Payments to the Social Security Administration. Nd state income tax Travel and business expenses. Nd state income tax   Payments to your employee for travel and other necessary expenses of your business generally are included in taxable wages if (a) your employee is not required to or does not substantiate timely those expenses to you with receipts or other documentation, or (b) you advance an amount to your employee for business expenses and your employee is not required to or does not return timely any amount that he or she does not substantiate. Nd state income tax Sick pay. Nd state income tax   In general, sick pay is any amount that you pay, under a plan that you take part in, to an employee because of sickness or injury. Nd state income tax These amounts are sometimes paid by a third party, such as an insurance company. Nd state income tax In either case, these payments are subject to social security and Medicare taxes (and FUTA tax for U. Nd state income tax S. Nd state income tax Virgin Islands employers). Nd state income tax Sick pay becomes exempt from these taxes after the end of 6 calendar months after the calendar month the employee last worked for the employer. Nd state income tax Publication 15-A explains the employment tax rules that apply to sick pay, disability benefits, and similar payments to employees. Nd state income tax Fringe Benefits Generally, fringe benefits are includible in the gross income of an employee and are subject to employment taxes. Nd state income tax Examples of fringe benefits include the use of an automobile, aircraft flights that you provide, free or discounted commercial airline flights, vacations, discounts on property or services, memberships in country clubs or other social clubs, and tickets to entertainment or sporting events. Nd state income tax In general, the amount included in the employee's income is the excess of the fair market value of the benefit over the sum of any amount paid for it by the employee and any amount excluded by law. Nd state income tax For more information, see Publication 15-B, Employer's Tax Guide to Fringe Benefits. Nd state income tax When fringe benefits are treated as paid. Nd state income tax   You can choose to treat certain noncash fringe benefits (including personal use of an automobile provided by you) as paid by the pay period, quarter, or on any other basis that you choose, but they must be treated as paid at least annually. Nd state income tax You do not have to make a formal choice of payment dates or notify the IRS. Nd state income tax You do not have to use the same basis for all employees. Nd state income tax You may change methods as often as you like, as long as all benefits provided in a calendar year are treated as paid no later than December 31 of the calendar year. Nd state income tax However, see Special accounting rule for fringe benefits provided during November and December , later in this section. Nd state income tax   You can treat the value of a single taxable noncash fringe benefit as paid on one or more dates in the same calendar year, even if the employee gets the entire benefit at one time. Nd state income tax However, once you elect the payment dates, you must report the taxes on your return in the same tax period in which you treated them as paid. Nd state income tax This election does not apply to a fringe benefit where real property or investment personal property is transferred. Nd state income tax Withholding social security and Medicare taxes on fringe benefits. Nd state income tax   You add the value of fringe benefits to regular wages for a payroll period and figure social security and Medicare taxes on the total. Nd state income tax   If you withhold less than the required amount of social security and Medicare taxes from the employee in a calendar year but report and pay the proper amount, you may recover the taxes from the employee. Nd state income tax Depositing taxes on fringe benefits. Nd state income tax   Once you choose payment dates for taxable noncash fringe benefits, you must deposit taxes in the same deposit period that you treat the fringe benefits as paid. Nd state income tax You may make a reasonable estimate of the value of the fringe benefits. Nd state income tax In general, the value of taxable noncash fringe benefits provided in a calendar year must be determined by January 31 of the following year. Nd state income tax   You may claim a refund of overpayments or elect to have any overpayment applied to the next employment tax return. Nd state income tax If deposits are underpaid, see Deposit Penalties in section 8. Nd state income tax Valuation of vehicles provided to employees. Nd state income tax    If you provide a vehicle to your employees, you may either determine the actual value of the benefit for the entire calendar year, taking into account the business use of the vehicle, or consider the entire use for the calendar year as personal and include 100% of the value of the vehicle in the employee's income. Nd state income tax For reporting information to employees, see the box 14 instructions in the General Instructions for Forms W-2 and W-3. Nd state income tax Special accounting rule for fringe benefits provided during November and December. Nd state income tax   You may choose to treat the value of taxable noncash fringe benefits provided during November and December as paid in the next year. Nd state income tax However, this applies only to those benefits that you actually provided during November and December, not to those you merely treated as paid during those months. Nd state income tax   If you use this rule, you must notify each affected employee between the time of the employee's last paycheck of the calendar year and at or near the time that you give the employee Form W-2AS, W-2CM, W-2GU, or W-2VI. Nd state income tax If you use the special accounting rule, your employee must also use it for the same period that you use it. Nd state income tax You cannot use this rule for a fringe benefit of real property or tangible or intangible real property of a kind normally held for investment that is transferred to your employee. Nd state income tax 5. Nd state income tax Tips Tips that your employee receives from customers are generally subject to social security and Medicare withholding. Nd state income tax Your employee must report cash tips to you by the 10th of the month after the month that the tips are received. Nd state income tax The report should include tips you paid over to the employee for charge customers, tips the employee received directly from customers, and tips received from other employees under any tip-sharing arrangement. Nd state income tax Both directly and indirectly tipped employees must report tips to you. Nd state income tax The report should not include tips that the employee paid out to other employees. Nd state income tax No report is required for months when tips are less than $20. Nd state income tax Your employees report tips on Form 4070, Employee's Report of Tips to Employer, or on a similar statement. Nd state income tax They may also use Form 4070A, Employee's Daily Record of Tips, to keep a record of their tips. Nd state income tax Both forms are included in Publication 1244, Employee's Daily Record of Tips and Report to Employer, available at IRS. Nd state income tax gov. Nd state income tax The statement must be signed by the employee and must include: The employee's name, address, and SSN, Your name and address, The month or period that the report covers, and The total tips received during the month or period. Nd state income tax You are permitted to establish a system for electronic tip reporting by employees. Nd state income tax See Regulations section 31. Nd state income tax 6053-1(d). Nd state income tax Collecting taxes on tips. Nd state income tax   You must collect the employee social security and Medicare taxes on the employee's tips. Nd state income tax You can also collect these taxes from the employee's wages or from other funds that he or she makes available. Nd state income tax Stop collecting the employee social security tax when his or her total wages and tips for 2014 reach $117,000. Nd state income tax Collect the employee Medicare tax for the whole year on all wages and tips. Nd state income tax   You are responsible for the employer social security tax on wages and tips until the wages (including tips) reach the wage base limit. Nd state income tax You are responsible for the employer Medicare tax for the whole year on all wages and tips. Nd state income tax File Form 941-SS (or Form 944) to report withholding and employer taxes on tips. Nd state income tax The withholding rules for withholding an employee's share of Medicare tax on tips also apply to withholding the Additional Medicare Tax once wages and tips exceed $200,000 in the calendar year. Nd state income tax Ordering rule. Nd state income tax   If, by the 10th of the month after the month you received an employee's report on tips, you do not have enough employee funds available to deduct the employee social security and Medicare tax on tips, you no longer have to collect it and are not liable for it. Nd state income tax Reporting tips. Nd state income tax   Report tips and any collected and uncollected social security in boxes 1, 5, 7, and 12 on Forms W-2AS, W-2CM, W-2GU, or W-2VI and on Form 941-SS, lines 5b, 5c, and 5d (Form 944, lines 4b, 4c, and 4d). Nd state income tax Do not include any uncollected Additional Medicare Tax in box 12 of Form W-2. Nd state income tax Report an adjustment on Form 941-SS, line 9 (Form 944, line 6), for the uncollected social security and Medicare taxes. Nd state income tax The table in section 12 shows how tips are treated for FUTA tax purposes. Nd state income tax   Revenue Ruling 2012-18 provides guidance for employers regarding social security and Medicare taxes imposed on tips, including information on the reporting of the employer share of social security and Medicare taxes under section 3121(q), the difference between tips and service charges, and the section 45B credit. Nd state income tax See Revenue Ruling 2012-18, 2012-26 I. Nd state income tax R. Nd state income tax B. Nd state income tax 1032, available at www. Nd state income tax irs. Nd state income tax gov/irb/2012-26_IRB/ar07. Nd state income tax html. Nd state income tax 6. Nd state income tax Social Security and Medicare Taxes for Farmworkers The tests described below apply only to services that are defined as agricultural labor (farmwork). Nd state income tax In general, you are an employer of farmworkers if your employees: Raise or harvest agricultural or horticultural products on your farm (including the raising and feeding of livestock); Work in connection with the operation, management, conservation, improvement, or maintenance of your farm and its tools and equipment; Provide services relating to salvaging timber, or clearing land of brush and other debris, left by a hurricane (also known as hurricane labor); Handle, process, or package any agricultural or horticultural commodity if you produced over half of the commodity (for a group of up to 20 unincorporated operators, all of the commodity); or Do work for you related to cotton ginning, turpentine, gum resin products, or the operation and maintenance of irrigation facilities. Nd state income tax For this purpose, the term “farm” includes stock, dairy, poultry, fruit, fur-bearing animal, and truck farms, as well as plantations, ranches, nurseries, ranges, greenhouses or other similar structures used primarily for the raising of agricultural or horticultural commodities, and orchards. Nd state income tax Farmwork does not include reselling activities that do not involve any substantial activity of raising agricultural or horticultural commodities, such as a retail store or a greenhouse used primarily for display or storage. Nd state income tax A “share farmer” working for you is not your employee. Nd state income tax However, the share farmer may be subject to self-employment tax. Nd state income tax In general, share farming is an arrangement in which certain commodity products are shared between the farmer and the owner (or tenant) of the land. Nd state income tax For details, see Regulations section 31. Nd state income tax 3121(b)(16)-1. Nd state income tax The $150 Test or the $2,500 Test All cash wages that you pay to any employee for farmwork are subject to social security and Medicare taxes if either of the following two tests is met. Nd state income tax You pay cash wages to the employee of $150 or more in a year (count all cash wages paid on a time, piecework, or other basis) for farmwork. Nd state income tax The $150 test applies separately to each farmworker that you employ. Nd state income tax If you employ a family of workers, each member is treated separately. Nd state income tax Do not count wages paid by other employers. Nd state income tax The total that you pay for farmwork (cash and noncash) to all of your employees is $2,500 or more during the year. Nd state income tax Exceptions. Nd state income tax   The $150 and $2,500 tests do not apply to wages that you pay to a farmworker who receives less than $150 in annual cash wages and the wages are not subject to social security and Medicare taxes even if you pay $2,500 or more in that year to all of your farmworkers if the farmworker: Is employed in agriculture as a hand-harvest laborer, Is paid piece rates in an operation that is usually paid on a piece-rate basis in the region of employment, Commutes daily from his or her home to the farm, and Had been employed in agriculture less than 13 weeks in the preceding calendar year. Nd state income tax   Amounts that you pay to these seasonal farmworkers, however, count toward the $2,500-or-more test to determine whether wages that you pay to other farmworkers are subject to social security and Medicare taxes. Nd state income tax 7. Nd state income tax How To Figure Social Security and Medicare Taxes The tax rate for social security is 6. Nd state income tax 2% (amount withheld) each for the employer and employee (12. Nd state income tax 4% total). Nd state income tax The social security wage base limit is $117,000. Nd state income tax The tax rate for Medicare is 1. Nd state income tax 45% (amount withheld) each for the employee and employer (2. Nd state income tax 9% total). Nd state income tax There is no wage base limit for Medicare tax; all covered wages are subject to Medicare tax. Nd state income tax Multiply each wage payment by these percentages to figure the tax to withhold from employees. Nd state income tax Employers report both the employee and employer shares on Forms 941-SS, 944, or Form 943 (farm employment). Nd state income tax See section 5 for information on tips. Nd state income tax Additional Medicare Tax withholding. Nd state income tax   In addition to withholding Medicare tax at 1. Nd state income tax 45%, you must withhold a 0. Nd state income tax 9% Additional Medicare Tax from wages you pay to an employee in excess of $200,000 in a calendar year. Nd state income tax You are required to begin withholding Additional Medicare Tax in the pay period in which you pay wages in excess of $200,000 to an employee and continue to withhold it each pay period until the end of the calendar year. Nd state income tax Additional Medicare Tax is only imposed on the employee. Nd state income tax There is no employer share of Additional Medicare Tax. Nd state income tax All wages that are subject to Medicare tax are subject to Additional Medicare Tax withholding if paid in excess of the $200,000 withholding threshold. Nd state income tax   For more information on what wages are subject to Medicare tax, see the chart Special Rules for Various Types of Employment and Payments in section 12. Nd state income tax For more information on Additional Medicare Tax, visit IRS. Nd state income tax gov and enter “Additional Medicare Tax” in the search box. Nd state income tax Deducting the tax. Nd state income tax   Deduct the employee tax from each wage payment. Nd state income tax If you are not sure that the wages that you pay to a farmworker during the year will be taxable, you may either deduct the tax when you make the payments or wait until the $2,500 test or the $150 test explained in section 6 has been met. Nd state income tax Employee's portion of taxes paid by employer. Nd state income tax   If you pay your employee's social security and Medicare taxes without deducting them from the employee's pay, you must include the amount of the payments in the employee's wages for social security and Medicare taxes. Nd state income tax This increase in the employee's wage payment for your payment of the employee's social security and Medicare taxes is also subject to employee social security and Medicare taxes. Nd state income tax This again increases the amount of the additional taxes that you must pay. Nd state income tax Household and agricultural employers. Nd state income tax   This discussion does not apply to household and agricultural employers. Nd state income tax If you pay a household or agricultural employee's social security and Medicare taxes, these payments must be included in the employee's wages. Nd state income tax However, this wage increase due to the tax payments is not subject to social security or Medicare taxes as discussed in this section. Nd state income tax See Publication 15-A for details. Nd state income tax Sick pay payments. Nd state income tax   Social security and Medicare taxes apply to most payments of sick pay, including payments made by third parties such as insurance companies. Nd state income tax For details on third-party payers of sick pay, see Publication 15-A. Nd state income tax 8. Nd state income tax Depositing Taxes You must deposit social security and Medicare taxes if your tax liability (Form 941-SS, line 10; Form 944, line 7; or Form 943, line 11) is $2,500 or more for the tax return period. Nd state income tax You must make the deposit by electronic funds transfer. Nd state income tax For more information about electronic funds transfers, see How To Deposit , later in this section. Nd state income tax Payment with Return $2,500 rule. Nd state income tax   Instead of making deposits during the current quarter, you can pay your total Form 941-SS tax liability when you timely file Form 941-SS if: Your total Form 941-SS tax liability for either the current quarter or the preceding quarter is less than $2,500 and You do not incur a $100,000 next-day deposit obligation during the current quarter. Nd state income tax   If you are not sure your total liability for the current quarter will be less than $2,500, (and your liability for the preceding quarter was not less than $2,500), make deposits using the semiweekly or monthly rules so you won't be subject to failure to deposit penalties. Nd state income tax Employers who have been notified to file Form 944 can pay their tax liability due for the fourth quarter with Form 944, if their fourth quarter tax liability is less than $2,500. Nd state income tax Employers must have deposited any tax liability due for the first, second, and third quarters, according to the deposit rules, in order to avoid failure-to-deposit penalties for deposits due during those quarters. Nd state income tax Only monthly schedule depositors are allowed to make an Accuracy of Deposits Rule payment with the return. Nd state income tax Semiweekly schedule depositors must timely deposit the amount. Nd state income tax See Accuracy of Deposits Rule and How To Deposit, later in this section. Nd state income tax When To Deposit Under the rules discussed below, the only difference between farm and nonfarm workers' employment tax deposit rules is the lookback period. Nd state income tax Therefore, farm and nonfarm workers are discussed together except where noted. Nd state income tax Depending on your total taxes reported during a lookback period (discussed later), you are either a monthly schedule depositor or a semiweekly schedule depositor. Nd state income tax The terms “monthly schedule depositor” and “semiweekly schedule depositor” do not refer to how often you pay your employees or how often you are required to make deposits. Nd state income tax The terms identify which set of rules that you must follow when a tax liability arises (for example, when you have a payday). Nd state income tax You will need to determine your deposit schedule for a calendar year based on the total employment taxes reported on Forms 941-SS, line 10; Form 944, line 7; or Form 943, line 9, for your lookback period (defined below). Nd state income tax If you filed both Forms 941-SS and 941 during the lookback period, combine the tax liabilities for these returns for purposes of determining your deposit schedule. Nd state income tax Determine your deposit schedule for Form 943 separately from Forms 941-SS and 941. Nd state income tax Lookback period for employers of nonfarm workers. Nd state income tax   The lookback period for Form 941-SS (or Form 941) consists of four quarters beginning July 1 of the second preceding year and ending June 30 of the prior year. Nd state income tax These four quarters are your lookback period even if you did not report any taxes for any of the quarters. Nd state income tax For 2014, the lookback period is July 1, 2012, through June 30, 2013. Nd state income tax    Table 1. Nd state income tax Lookback Period for Calendar Year 2014 Lookback Period July 1, 2012 Oct. Nd state income tax 1, 2012 Jan. Nd state income tax 1, 2013 Apr. Nd state income tax 1, 2013 through through through through Sep. Nd state income tax 30, 2012 Dec. Nd state income tax 31, 2012 Mar. Nd state income tax 31, 2013 June 30, 2013    The lookback period for Form 944 is the second calendar year preceding the current calendar year. Nd state income tax For example, the lookback period for calendar year 2014 is calendar year 2012. Nd state income tax In addition, for employers who filed Form 944 for 2012 or for 2013 and will file Form 941-SS (or Form 941) for 2014, the lookback period for 2014 is the second calendar year preceding the current calendar year, that is, 2012. Nd state income tax Lookback period for employers of farmworkers. Nd state income tax   The lookback period for Form 943 is the second calendar year preceding the current calendar year. Nd state income tax The lookback period for calendar year 2014 is calendar year 2012. Nd state income tax Adjustments to lookback period taxes. Nd state income tax   To determine your taxes for the lookback period, use only the tax that you reported on the original returns (Forms 941-SS, 943, or 944). Nd state income tax Do not include any adjustments shown on Form 941-X, 943-X, or 944-X. Nd state income tax Example. Nd state income tax   An employer originally reported total taxes of $45,000 for the lookback period. Nd state income tax The employer discovered during January 2014 that the tax reported during the lookback period was understated by $10,000 and corrected this error by filing Form 941-X. Nd state income tax The employer is a monthly schedule depositor for 2014 because the lookback period tax liabilities are based on the amounts originally reported, and they were $50,000 or less. Nd state income tax Deposit Period The term “deposit period” refers to the period during which tax liabilities are accumulated for each required deposit due date. Nd state income tax For monthly schedule depositors, the deposit period is a calendar month. Nd state income tax The deposit periods for semiweekly schedule depositors are Wednesday through Friday and Saturday through Tuesday. Nd state income tax Monthly Deposit Schedule If your total tax reported for the lookback period is $50,000 or less, you are a monthly schedule depositor for the current year. Nd state income tax You must deposit taxes on wage payments made during a calendar month by the 15th day of the following month. Nd state income tax New employers. Nd state income tax   Your tax liability for any quarter in the lookback period before the date you started or acquired your business is considered to be zero. Nd state income tax Therefore, you are a monthly schedule depositor for the first calendar year of your business (but see the $100,000 Next-Day Deposit Rule , later in this section). Nd state income tax Semiweekly Deposit Schedule If your total tax reported for the lookback period is more than $50,000, you are a semiweekly schedule depositor for the current year. Nd state income tax If you are a semiweekly schedule depositor, you must deposit on Wednesday and/or Friday, depending on what day of the week that you make wage payments, as follows. Nd state income tax Deposit taxes on wage payments made on Wednesday, Thursday, and/or Friday by the following Wednesday. Nd state income tax Deposit taxes on wage payments made on Saturday, Sunday, Monday, and/or Tuesday by the following Friday. Nd state income tax Semiweekly depositors are generally not required to deposit twice a week if their payments were in the same semiweekly period unless the $100,000 Next-Day Deposit Rule , discussed later in this section, applies. Nd state income tax For example, if you made a payment on both Wednesday and Friday and incurred taxes of $10,000 for each pay date, deposit the $20,000 on the following Wednesday. Nd state income tax If you made no additional payments on Saturday through Tuesday, no deposit is due on Friday. Nd state income tax Semiweekly deposit period spanning two quarters. Nd state income tax   If you have more than one pay date during a semiweekly period and the pay dates fall in different calendar quarters, you will need to make separate deposits for the separate liabilities. Nd state income tax Example. Nd state income tax   If you have a pay date on Monday, March 31, 2014 (first quarter), and another pay date on Tuesday, April 1, 2014 (second quarter), two separate deposits will be required even though the pay dates fall within the same semiweekly period. Nd state income tax Both deposits will be due on Friday, April 4, 2014 (3 business days from the end of the semiweekly deposit period). Nd state income tax Examples of Monthly and Semiweekly Schedules Employers of nonfarm workers. Nd state income tax   Rose Co. Nd state income tax reported Form 941-SS taxes as follows: 2013 Lookback Period 3rd Quarter 2011 $12,000 4th Quarter 2011 12,000 1st Quarter 2012 12,000 2nd Quarter 2012 12,000   $48,000 2014 Lookback Period 3rd Quarter 2012 $12,000 4th Quarter 2012 12,000 1st Quarter 2013 12,000 2nd Quarter 2013 15,000   $51,000 Rose Co. Nd state income tax is a monthly schedule depositor for 2013 because its taxes for the four quarters in its lookback period ($48,000 for the 3rd quarter of 2011 through the 2nd quarter of 2012) were not more than $50,000. Nd state income tax However, for 2014, Rose Co. Nd state income tax is a semiweekly schedule depositor because the total taxes for the four quarters in its lookback period ($51,000 for the 3rd quarter of 2012 through the 2nd quarter of 2013) exceeded $50,000. Nd state income tax Employers of farmworkers. Nd state income tax   Red Co. Nd state income tax reported taxes on its 2012 Form 943, line 9, of $48,000. Nd state income tax On its 2013 Form 943, line 11, it reported taxes of $60,000. Nd state income tax   Red Co. Nd state income tax is a monthly schedule depositor for 2014 because its taxes for its lookback period ($48,000 for calendar year 2012) were not more than $50,000. Nd state income tax However, for 2015, Red Co. Nd state income tax is a semiweekly schedule depositor because the total taxes for its lookback period ($60,000 for calendar year 2013) exceeded $50,000. Nd state income tax New agricultural employers. Nd state income tax   New agricultural employers filing Form 943 are monthly schedule depositors for the first and second calendar years of their business because their taxes for the lookback period (2 years) are considered to be zero. Nd state income tax However, see the $100,000 Next-Day Deposit Rule , later in this section. Nd state income tax Deposits on Business Days Only If a deposit due date falls on a day that is not a business day, the deposit is considered timely if it is made by the close of the next business day. Nd state income tax A business day is any day other than a Saturday, Sunday, or legal holiday. Nd state income tax For example, if a deposit is required to be made on Friday, but Friday is a legal holiday, the deposit is considered timely if it is made by the following Monday (if Monday is a business day). Nd state income tax Semiweekly schedule depositors have at least 3 business days to make a deposit. Nd state income tax If any of the 3 weekdays after the end of a semiweekly period is a legal holiday, you will have an additional day for each day that is a legal holiday to make the required deposit. Nd state income tax For example, if a semiweekly schedule depositor accumulated taxes for payments made on Friday and the following Monday is a legal holiday, the deposit normally due on Wednesday may be made on Thursday (this allows 3 business days to make the deposit). Nd state income tax Legal holiday. Nd state income tax   The term “legal holiday” means any legal holiday in the District of Columbia. Nd state income tax Legal holidays for 2014 are listed below. Nd state income tax January 1—New Year's Day January 20—Birthday of Martin Luther King, Jr. Nd state income tax February 17—Washington's Birthday April 16—District of Columbia Emancipation Day May 26—Memorial Day July 4—Independence Day September 1—Labor Day October 13—Columbus Day November 11—Veterans Day November 27—Thanksgiving Day December 25—Christmas Day Application of Monthly and Semiweekly Schedules The following examples illustrate the procedure for determining the deposit date under the two different deposit schedules. Nd state income tax Monthly schedule example. Nd state income tax   Spruce Co. Nd state income tax is a monthly schedule depositor with seasonal employees. Nd state income tax It paid wages each Friday during August but did not pay any wages during September. Nd state income tax Under the monthly deposit schedule, Spruce Co. Nd state income tax must deposit the combined tax liabilities for the four August paydays by September 15. Nd state income tax Spruce Co. Nd state income tax does not have a deposit requirement for September (due by October 15) because no wages were paid and, therefore, it did not have a tax liability for September. Nd state income tax Semiweekly schedule example. Nd state income tax   Green, Inc. Nd state income tax is a semiweekly schedule depositor and pays wages once each month on the last Friday of the month. Nd state income tax Although Green, Inc. Nd state income tax , has a semiweekly deposit schedule, it will deposit just once a month because it pays wages only once a month. Nd state income tax The deposit, however, will be made under the semiweekly deposit schedule as follows: Green, Inc. Nd state income tax ’s tax liability for the April 25, 2014 (Friday), payday must be deposited by April 30, 2014 (Wednesday). Nd state income tax Under the semiweekly deposit schedule, liabilities for wages paid on Wednesday through Friday must be deposited by the following Wednesday. Nd state income tax $100,000 Next-Day Deposit Rule If you accumulate taxes of $100,000 or more on any day during a deposit period, you must deposit by the close of the next business day, whether you are a monthly or a semiweekly schedule depositor. Nd state income tax For purposes of the $100,000 rule, do not continue accumulating taxes after the end of a deposit period. Nd state income tax For example, if a semiweekly schedule depositor has accumulated taxes of $95,000 on Tuesday and $10,000 on Wednesday, the $100,000 next-day deposit rule does not apply because the $10,000 is accumulated in the next deposit period. Nd state income tax Thus, $95,000 must be deposited by Friday and $10,000 must be deposited by the following Wednesday. Nd state income tax However, once you accumulate at least $100,000 in a deposit period, stop accumulating at the end of that day and begin to accumulate anew on the next day. Nd state income tax For example, Fir Co. Nd state income tax is a semiweekly schedule depositor. Nd state income tax On Monday, Fir Co. Nd state income tax accumulates taxes of $110,000 and must deposit on Tuesday, the next business day. Nd state income tax On Tuesday, Fir Co. Nd state income tax accumulates additional taxes of $30,000. Nd state income tax Because the $30,000 is not added to the previous $110,000 and is less than $100,000, Fir Co. Nd state income tax does not have to deposit the $30,000 until Friday (following the semiweekly deposit schedule). Nd state income tax If you are a monthly schedule depositor and you accumulate a $100,000 tax liability on any day during a month, you become a semiweekly schedule depositor on the next day and remain so for the remainder of the calendar year and for the following calendar year. Nd state income tax Example. Nd state income tax   Elm, Inc. Nd state income tax started its business on May 1, 2014. Nd state income tax On May 8, it paid wages for the first time and accumulated a tax liability of $40,000. Nd state income tax On Friday, May 9, Elm, Inc. Nd state income tax paid wages and accumulated a liability of $60,000, making its accumulated Form 941-SS tax liability total $100,000. Nd state income tax Elm, Inc. Nd state income tax must deposit $100,000 by Monday, May 12, the next business day. Nd state income tax Because this was the first year of its business, the tax liability for its lookback period is considered to be zero, and it would be a monthly schedule depositor based on the lookback rules. Nd state income tax However, because Elm, Inc. Nd state income tax accumulated $100,000 on May 9, it became a semiweekly schedule depositor on May 10. Nd state income tax It will be a semiweekly schedule depositor for the remainder of 2014 and for 2015. Nd state income tax Accuracy of Deposits Rule You are required to deposit 100% of your tax liability on or before the deposit due date. Nd state income tax However, penalties will not be applied for depositing less than 100% if both of the following conditions are met. Nd state income tax Any deposit shortfall does not exceed the greater of $100 or 2% of the amount of taxes otherwise required to be deposited, and The deposit shortfall is paid or deposited by the shortfall makeup date as described below. Nd state income tax Makeup date for deposit shortfall: Monthly schedule depositor. Nd state income tax Deposit or pay the shortfall by the due date of your Form 941-SS, 944, or 943 for the period in which the shortfall occurred. Nd state income tax You may pay the shortfall with your return even if the amount is $2,500 or more. Nd state income tax Semiweekly schedule depositor. Nd state income tax Deposit by the earlier of: The first Wednesday or Friday (whichever comes first) that comes on or after the 15th of the month following the month in which the shortfall occurred, or The return due date for the period in which the shortfall occurred. Nd state income tax For example, if a semiweekly schedule depositor filing Form 941-SS has a deposit shortfall during July 2014, the shortfall makeup date is August 15, 2014 (Friday). Nd state income tax However, if the shortfall occurred on the required April 2 (Wednesday), deposit date for a March 28 (Friday) pay date, the return due date for the March 28 pay date (April 30) would come before the May 16 (Friday) shortfall makeup date. Nd state income tax In this case, the shortfall must be deposited by April 30, 2014. Nd state income tax Employers of Both Farm and Nonfarm Workers If you employ both farm and nonfarm workers, you must treat employment taxes for the farmworkers (Form 943 taxes) separately from employment taxes for the nonfarm workers (Form 941-SS or 944 taxes). Nd state income tax Form 943 taxes and Form 941-SS (or Form 944) taxes are not combined for purposes of applying any of the deposit rules. Nd state income tax If a deposit is due, deposit the Form 941-SS (or Form 944) taxes and Form 943 taxes separately, as discussed next. Nd state income tax How To Deposit You must deposit employment taxes by electronic funds transfer. Nd state income tax See Payment with Return , earlier in this section, for exceptions explaining when taxes may be paid with the tax return instead of being deposited. Nd state income tax Electronic deposit requirement. Nd state income tax   You must use electronic funds transfer to make all federal tax deposits (such as deposits of employment tax, excise tax, and corporate income tax). Nd state income tax Generally, electronic fund transfers are made using the Electronic Federal Tax Payment System (EFTPS). Nd state income tax If you do not want to use EFTPS, you can arrange for your tax professional, financial institution, payroll service, or other trusted third party to make electronic deposits on your behalf. Nd state income tax   EFTPS is a free service provided by the Department of the Treasury. Nd state income tax To get more information or to enroll in EFTPS, call 1-800-555-4477 (U. Nd state income tax S. Nd state income tax Virgin Islands only) or 303-967-5916 (toll call). Nd state income tax You can also visit the EFTPS website at www. Nd state income tax eftps. Nd state income tax gov. Nd state income tax Additional information about EFTPS is also available in Publication 966. Nd state income tax When you receive your EIN. Nd state income tax   If you are a new employer that indicated a federal tax obligation when requesting an EIN, you will be pre-enrolled in EFTPS. Nd state income tax You will receive information about Express Enrollment in your Employer Identification Number (EIN) Package and an additional mailing containing your EFTPS personal identification number (PIN) and instructions for activating your PIN. Nd state income tax Follow the steps in your “How to Activate Your Enrollment” brochure to activate your enrollment and begin making your payroll tax deposits. Nd state income tax If you outsource any of your payroll and related tax duties to a third party payer, such as a payroll service provider or reporting agent, be sure to tell them about your EFTPS enrollment. Nd state income tax Deposit record. Nd state income tax   For your records, an Electronic Funds Transfer (EFT) Trace Number will be provided with each successful payment. Nd state income tax The number can be used as a receipt or to trace the payment. Nd state income tax Depositing on time. Nd state income tax   For deposits made by EFTPS to be on time, you must initiate the deposit by 8 p. Nd state income tax m. Nd state income tax Eastern time the day before the date the deposit is due. Nd state income tax If you use a third party to make deposits on your behalf, they may have different cutoff times. Nd state income tax Same-day payment option. Nd state income tax   If you fail to initiate a deposit transaction on EFTPS by 8 p. Nd state income tax m. Nd state income tax Eastern time the day before the date a deposit is due, you can still make your deposit on time by using the Federal Tax Application (FTA). Nd state income tax To use the same-day payment method, you will need to make arrangements with your financial institution ahead of time. Nd state income tax Please check with your financial institution regarding availability, deadlines, and costs. Nd state income tax Your financial institution may charge you a fee for payments made this way. Nd state income tax To learn more about the information you will need to provide your financial institution to make a same-day wire payment, please visit www. Nd state income tax eftps. Nd state income tax gov to download the Same-Day Payment Worksheet. Nd state income tax How to claim credit for overpayments. Nd state income tax   If you deposited more than the right amount of taxes for a tax period, you can choose on Form 941-SS, 941, 944, or 943 for that tax period to have the overpayment refunded or applied as a credit to your next return. Nd state income tax Do not ask EFTPS to request a refund from the IRS for you. Nd state income tax Deposit Penalties Penalties may apply if you do not make required deposits on time or if you make deposits of less than the required amount. Nd state income tax The penalties do not apply if any failure to make a proper and timely deposit was due to reasonable cause and not to willful neglect. Nd state income tax The IRS may also waive penalties if you inadvertently fail to deposit in the first quarter that a deposit is due, or the first quarter during which your frequency of deposits changed, if you timely filed your employment tax return. Nd state income tax For amounts not properly or timely deposited, the penalty rates are as follows. Nd state income tax 2% - Deposits made 1 to 5 days late. Nd state income tax 5% - Deposits made 6 to 15 days late. Nd state income tax 10% - Deposits made 16 or more days late. Nd state income tax Also applies to amounts paid within 10 days of the date of the first notice that the IRS sent asking for the tax due. Nd state income tax 10% - Amounts (that should have been deposited) paid directly to the IRS or paid with your tax return (but see Payment with Return , earlier in this section, for exceptions). Nd state income tax 15% - Amounts still unpaid more than 10 days after the date of the first notice that the IRS sent asking for the tax due or the day on which you received notice and demand for immediate payment, whichever is earlier. Nd state income tax Late deposit penalty amounts are determined using calendar days, starting from the due date of the liability. Nd state income tax Special rule for former Form 944 filers. Nd state income tax    If you filed Form 944 for the prior year and must file Forms 941-SS for the current year because your employment tax liability for the prior year exceeded the Form 944 eligibility requirement ($1,000 or less), the failure-to-deposit penalty will not apply to a late deposit of employment taxes for the first month of the current year if the taxes are deposited in full by March 15 of the current year. Nd state income tax Order in which deposits are applied. Nd state income tax   Deposits generally are applied to the most recent tax liability within the return period (quarter or year). Nd state income tax However, if you receive a failure-to-deposit penalty notice, you may designate how your payment is to be applied in order to minimize the amount of the penalty, if you do so within 90 days of the date of the notice. Nd state income tax Follow the instructions on the penalty notice that you received. Nd state income tax For more information on designating deposits, see Revenue Procedure 2001-58. Nd state income tax You can find Revenue Procedure 2001-58 on page 579 of Internal Revenue Bulletin 2001-50 at www. Nd state income tax irs. Nd state income tax gov/pub/irs-irbs/irb01-50. Nd state income tax pdf. Nd state income tax Example. Nd state income tax Cedar, Inc. Nd state income tax is required to make a deposit of $1,000 on July 15 and $1,500 on August 15. Nd state income tax It does not make the deposit on July 15. Nd state income tax On August 15, Cedar, Inc. Nd state income tax deposits $2,000. Nd state income tax Under the deposits rule, which applies deposits to the most recent tax liability, $1,500 of the deposit is applied to the August 15 deposit and the remaining $500 is applied to the July deposit. Nd state income tax Accordingly, $500 of the July 15 liability remains undeposited. Nd state income tax The penalty on this underdeposit will apply as explained earlier. Nd state income tax Trust fund recovery penalty. Nd state income tax   If federal income, social security, or Medicare taxes that must be withheld are not withheld or are not deposited or paid to the United States Treasury, the trust fund recovery penalty may apply. Nd state income tax The penalty is the full amount of the unpaid trust fund tax. Nd state income tax This penalty may apply to you if these unpaid taxes cannot be immediately collected from the employer or business. Nd state income tax   The trust fund recovery penalty may be imposed on all persons who are determined by the IRS to be responsible for collecting, accounting for, and paying over these taxes, and who acted willfully in not doing so. Nd state income tax   A responsible person can be an officer or employee of a corporation, a partner or employee of a partnership, an accountant, a volunteer director/trustee, or an employee of a sole proprietorship, or any other person or entity that is responsible for collecting, accounting for, and paying over trust fund taxes. Nd state income tax A responsible person also may include one who signs checks for the business or otherwise has authority to cause the spending of business funds. Nd state income tax    Willfully means voluntarily, consciously, and intentionally. Nd state income tax A responsible person acts willfully if the person knows the required actions of collecting, accounting for or paying over trust fund taxes are not taking place, or recklessly disregards obvious and known risks to the government's right to receive trust fund taxes. Nd state income tax “Averaged” failure-to-deposit penalty. Nd state income tax   The IRS may assess an “averaged” failure-to-deposit (FTD) penalty of 2% to 10% if you are a monthly schedule depositor and did not properly complete Form 941-SS, line 14, when your tax liability shown on Form 941-SS, line 10, was $2,500 or more. Nd state income tax IRS may also assess this penalty of 2% to 10% if you are a semiweekly schedule depositor and your tax liability shown on Form 941-SS, line 10, was $2,500 or more and you did any of the following. Nd state income tax Completed Form 941-SS, line 14, instead of Schedule B (Form 941). Nd state income tax Failed to attach a properly completed Schedule B (Form 941). Nd state income tax Completed Schedule B (Form 941) incorrectly, for example, by entering tax deposits instead of tax liabilities in the numbered spaces. Nd state income tax   The IRS figures the penalty by allocating your total tax liability shown on Form 941-SS, line 10, equally throughout the tax period. Nd state income tax Your deposits and payments may not be counted as timely because IRS does not know the actual dates of your tax liabilities. Nd state income tax   You can avoid the penalty by reviewing your return before filing it. Nd state income tax Follow these steps before filing your Form 941-SS. Nd state income tax If you are a monthly schedule depositor, report your tax liabilities (not your deposits) in the monthly entry spaces on Form 941-SS, line 14. Nd state income tax If you are a semiweekly schedule depositor, report your tax liabilities (not your deposits) on Schedule B (Form 941) in the lines that represent the dates you paid your employees. Nd state income tax Verify that your total liability shown on Form 941-SS, line 14, or the bottom of Schedule B (Form 941) equals your tax liability shown on Form 941-SS,  line 10. Nd state income tax Do not show negative amounts on Form 941-SS, line 14, or Schedule B (Form 941). Nd state income tax For prior period errors, do not adjust your tax liabilities reported on your current Form 941-SS, line 14, or on Schedule B (Form 941). Nd state income tax Instead, file an adjusted return (Form 941-X (if you are adjusting a previously filed Form 941-SS) or Form 944-X (if you are adjusting a previously filed Form 944-SS or 944)) if you are also adjusting your tax liability. Nd state income tax If you are only adjusting your deposits in response to a failure-to-deposit penalty notice, see the Instructions for Schedule B (Form 941) (if you previously filed Form 941-SS) or the Instructions for Form 944-X (if you previously filed Form 944-SS or 944). Nd state income tax If you filed Form 944 for 2013 and line 7 was $2,500 or more, you were required to complete Form 944, lines 13a–13m, or attach Form 945-A, Annual Record of Federal Tax Liability. Nd state income tax If you failed to complete lines 13a–13m, or failed to attach Form 945-A, whichever was required, IRS may assess an “averaged” failure-to-deposit (FTD) penalty. Nd state income tax 9. Nd state income tax Employer's Returns General instructions. Nd state income tax   File Forms 941-SS (or Form 944) for nonfarm workers and Form 943 for farmworkers. Nd state income tax (U. Nd state income tax S. Nd state income tax Virgin Islands employers may be required to file Form 940 for the combined wages of nonfarm workers and farmworkers. Nd state income tax ) Employers with employees subject to U. Nd state income tax S. Nd state income tax income tax withholding. Nd state income tax   If you have both employees who are subject to U. Nd state income tax S. Nd state income tax income tax withholding and employees who are not subject to U. Nd state income tax S. Nd state income tax income tax withholding, you must file only Form 941 (or Form 944) and include all your employees’ wages on that form. Nd state income tax Nonfarm employers. Nd state income tax   File Form 941-SS for the calendar quarter in which you first pay wages for nonfarm workers and for each quarter thereafter unless you are a seasonal employer or file a final return. Nd state income tax Due dates for each quarter of the calendar year are as follows. Nd state income tax Quarter Due Jan. Nd state income tax , Feb. Nd state income tax , Mar. Nd state income tax Apr. Nd state income tax 30 Apr. Nd state income tax , May, June July 31 July, Aug. Nd state income tax , Sept. Nd state income tax Oct. Nd state income tax 31 Oct. Nd state income tax , Nov. Nd state income tax , Dec. Nd state income tax Jan. Nd state income tax 31   However, if you deposited all taxes when due for the quarter, you have 10 additional days from the due dates to file the return. Nd state income tax If the due date for filing your return falls on a Saturday, Sunday, or legal holiday, you may file on the next business day. Nd state income tax   If you closed your business or stopped paying wages and do not have to file returns in the future, check the box on line 15 of your final Form 941-SS and show the date final wages were paid. Nd state income tax Form 944. Nd state income tax   If IRS notified you to file Form 944, file your 2013 Form 944 by January 31, 2014, or by February 10, 2014 (if you deposited all taxes when due). Nd state income tax Household employers reporting social security and Medicare taxes. Nd state income tax   If you are a sole proprietor and file Forms 941-SS (or Form 944) for business employees, you may include taxes for household employees on your Forms 941-SS (or Form 944). Nd state income tax Otherwise, report social security and Medicare taxes for household employees on Schedule H (Form 1040), Household Employment Taxes. Nd state income tax See Publication 926, Household Employer's Tax Guide, for more information. Nd state income tax Employers of farmworkers. Nd state income tax   Every employer of farmworkers must file a Form 943 for each calendar year beginning with the first year the employer pays $2,500 or more for farmwork or employs a farmworker who meets the $150 test described in section 6. Nd state income tax   File a Form 943 each year for all taxable wages paid for farmwork. Nd state income tax You may report household workers in a private home on a farm operated for profit on Form 943. Nd state income tax Do not report wages for farmworkers on Form 941-SS or 944. Nd state income tax   Send Form 943 to the IRS by January 31 of the following year. Nd state income tax Send it with payment of any taxes due that you are not required to deposit. Nd state income tax If you deposited all taxes when due, you have 10 additional days to file. Nd state income tax Penalties. Nd state income tax   For each whole or part month that a return is not filed when required (disregarding any extensions of the filing deadline), there is a failure-to-file penalty of 5% of the unpaid tax due with that return. Nd state income tax The maximum penalty is generally 25% of the tax due. Nd state income tax Also, for each whole or part month that the tax is paid late (disregarding any extensions of the payment deadline), there is a failure-to-pay penalty of 0. Nd state income tax 5% per month of the amount of tax. Nd state income tax For individual filers only, the failure-to-pay penalty is reduced from 0. Nd state income tax 5% per month to 0. Nd state income tax 25% per month if an installment agreement is in effect. Nd state income tax You must have filed your return on or before the due date of the return to qualify for the reduced penalty. Nd state income tax The maximum amount of the failure-to-pay penalty is also 25% of the tax due. Nd state income tax If both penalties apply in any month, the failure-to-file penalty is reduced by the amount of the failure-to-pay penalty. Nd state income tax The penalties will not be charged if you have a reasonable cause for failing to file or pay. Nd state income tax If you receive a penalty notice, you can provide an explanation of why you believe reasonable cause exists. Nd state income tax Reporting Adjustments to Form 941-SS, 944-SS, 944, or 943 Current Period Adjustments Make current period adjustments for fractions of cents, sick pay, tips, and group-term life insurance on your Form 941-SS, 944, or 943. Nd state income tax See the Instructions for Form 941-SS, Instructions for Form 944, or Instructions for Form 943 for information on how to report these adjustments. Nd state income tax Prior Period Adjustments Forms for prior period adjustments. Nd state income tax   Use Form 941-X or Form 944-X to make a correction after you discover an error on a previously filed Form 941 or Form 944. Nd state income tax There are also Forms 943-X, 945-X, and CT-1X to report corrections on the corresponding returns. Nd state income tax Form 941-X and Form 944-X also replace Form 843, Claim for Refund and Request for Abatement, for employers to request a refund or abatement of overreported employment taxes. Nd state income tax Continue to use Form 843 when requesting a refund or abatement of assessed interest or penalties. Nd state income tax See Revenue Ruling 2009-39, 2009-52 I. Nd state income tax R. Nd state income tax B. Nd state income tax 951, for examples of how the interest-free adjustment and claim for refund rules apply in 10 different situations. Nd state income tax You can find Revenue Ruling 2009-39, at www. Nd state income tax irs. Nd state income tax gov/irb/2009-52_IRB/ar14. Nd state income tax html. Nd state income tax Background. Nd state income tax   Treasury Decision 9405 changed the process for making interest-free adjustments to employment taxes reported on Forms 941-SS, 943, 944-SS, and 944, and for filing a claim for refund of employment taxes. Nd state income tax Treasury Decision 9405, 2008-32 I. Nd state income tax R. Nd state income tax B. Nd state income tax 293, is available at www. Nd state income tax irs. Nd state income tax gov/irb/2008-32_IRB/ar13. Nd state income tax html. Nd state income tax You will use the adjustment process if you underreported employment taxes and are making a payment, or if you overreported employment taxes and will be applying the credit to the Form 941-SS, 943, or 944 period during which you file Forms 941-X, 943-X, or 944-X, respectively. Nd state income tax You will use the claim process if you overreported employment taxes and are requesting a refund or abatement of the overreported amount. Nd state income tax We use the terms “correct” and “corrections” to include interest-free adjustments under sections 6205 and 6413, and claims for refund and abatement under sections 6402, 6414, and 6404 of the Internal Revenue Code. Nd state income tax Correcting employment taxes. Nd state income tax   When you discover an error on a previously filed Form 941-SS, 943, 944-SS, or 944, you must: Correct that error using Form 941-X, Form 943-X, or Form 944-X, File a separate Form 941-X, Form 943-X, or Form 944-X for