Who needs it?
In general, who withhold federal income tax (including backup withholding) from non payroll payments, must file 945 Nonpayroll payments include:
- Pensions (including distributions from tax-favored retirement plans, for example, section 401(k), section 403(b), and governmental section 457(b) plans), annuities, and IRA distributions.
- Military retirement.
- Gambling winnings.
- Indian gaming profits.
- Certain government payments on which the recipient elected voluntary income tax withholding.
- Dividends and other distributions by an Alaska Native Corporation (ANC) on which the recipient elected voluntary income tax withholding; and Payments subject to backup withholding.
When to File it
IRS form 945 e-file due date is January 31, 2018.
If you made deposits on time in full payment of the taxes due for the year, you may file the return by February 10, 2018.
Electronically filed 945 forms are directly transmitted to the IRS from the Tax1099.com system.