Form 44-095 - Iowa Withholding Tax Quarterly Return printable pdf download

Iowa Withholding Quarterly Return Instructions

Due Date: Quarterly returns are due the last day of the

Line 7: Total Amount Due – Add lines 4, 5 and 6. Make

month following the end of the quarter.

check payable to TREASURER-STATE OF IOWA. Please

write your permit number on the check.

Line 1: Total Tax Withheld This Quarter – Enter the total

tax withheld for the quarter. If no tax has been withheld,

Penalty for Failure to Timely File a Return: A penalty

enter zero on this line, sign and return this form.

of 10% of the tax due will be added for failure to timely

file a return if at least 90% of the correct amount of tax is

Line 2: Less Monthly Deposits – Enter the amount of

not paid by the due date. The penalty can only be waived

withholding tax deposited for the first two months of the

under limited circumstances.

quarter.

Penalty for Failure to Timely Pay the Tax Due or

Line 3: Less Credits/Adjustments –

Penalty for Audit Deficiency: A penalty of 5% of the tax

Enter each total for New Jobs Credit, Supplement Jobs

due will be added if the return is mailed timely but 90%

Credit, Housing Assistance Credit, and/or Accelerated

of the correct amount of tax is not paid by the due date.

Career Education Credit for the quarter.

The penalty can only be waived under limited

An amended return should be filed to correct an error on

circumstances.

a prior quarter’s return.

If both penalties apply, only the failure to file penalty

If allowed, adjustment may be taken on line 3. Enter any

is charged.

adjustments for prior periods. Submit an explanation of the

Interest: Interest accrues on unpaid tax from the due date

error and identify the period when the error(s) was made.

on the return. Any fraction of a month is considered a

Line 4: Balance Due – Subtract line 2 and line 3 from line

whole month for the purposes of computing interest.

For Iowa Tax Amnesty, one-half of the interest will

Line 5: Penalty – All penalties are waived for Iowa Tax

be waived. Calculate the total interest amount on this

Amnesty.

line. You will report half of the total interest on the

Iowa Tax Amnesty Application form.

Line 6: Interest – If you owe interest, compute the interest

on the amount on line 4 and enter on line 6. Calculate the

Signature of Withholding Agent: The person signing the

total interest on this form; you will report half of it on the

return must be the individual responsible for actually

Iowa Tax Amnesty Application form.

withholding and remitting withholding taxes and can be

held personally liable for unpaid taxes. The return must

be signed and dated to be complete.

DETACH HERE

IOWA WITHHOLDING TAX QUARTERLY RETURN

44-095 (7/9/07)

1 Total Tax Withheld This Quarter

2 Less Monthly Deposits

3 Less Credits / Adjustments

a. NJC - New Jobs Credit

b. SJC - Supplementary Jobs Credits

Permit No. _______________________ Period: ___________________

c. HAC - Housing Assistance Credit

Date Due: __________________

d. ACE - Accelerated Career Education Credit

Name and Address:

e. Adjustment

3 Total Credits / Adjustments (Add lines a - e)

4 Balance Due (line 1 less lines 2 and 3)

5 Penalty ( all penalties are waived for Iowa Tax Amnesty )

6 Interest

Signature of Withholding Agent ______________________ Date _______

7 TOTAL AMOUNT DUE (Add lines 4, 5 and 6)

Daytime Phone Number: _______________________

Form 44-095 - Iowa Withholding Tax Quarterly Return

Related Articles

Related forms

Related Categories