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Form CT-1 X: Which process should you use?

Type of errors

you are

correcting

Underreported

Use the adjustment process to correct underreported amounts.

amounts

• Check the box on line 1.

ONLY

• Pay the amount you owe from line 18 when you file Form CT-1 X.

Overreported

The process you

If you are filing Form CT-1 X

Choose either process to correct the overreported

amounts

use depends on

MORE THAN 90 days before

amounts.

ONLY

when you file

the period of limitations on

Choose the adjustment process if you want the

Form CT-1 X.

credit or refund for Form

amount shown on line 18 credited to your Form

CT-1 expires . . .

CT-1 for the period in which you file Form CT-1 X.

Check the box on line 1.

Choose the claim process if you want the

amount shown on line 18 refunded to you or

abated. Check the box on line 2.

If you are filing Form CT-1 X

You must use the claim process to correct the

WITHIN 90 days of the

overreported amounts. Check the box on line 2.

expiration of the period of

limitations on credit or refund

for Form CT-1 . . .

BOTH

The process you

If you are filing Form CT-1 X

Choose either the adjustment process or both

underreported

use depends on

MORE THAN 90 days before

the adjustment process and the claim process

and

when you file

the period of limitations on

when you correct both underreported and

overreported

Form CT-1 X.

credit or refund for Form CT-1

overreported amounts.

amounts

expires . . .

Choose the adjustment process if combining

your underreported and overreported amounts

results in a balance due or creates a credit that

you want applied to Form CT-1.

• File one Form CT-1 X, and

• Check the box on line 1 and follow the

instructions on line 18.

Choose both the adjustment process and the

claim process if you want the overreported

amount refunded to you or abated.

File two separate forms.

1. For the adjustment process, file one Form

CT-1 X to correct the underreported amounts.

Check the box on line 1. Pay the amount you

owe from line 18 when you file Form CT-1 X.

2. For the claim process, file a second Form

CT-1 X to correct the overreported amounts.

Check the box on line 2.

If you are filing Form CT-1 X

You must use both the adjustment process and

WITHIN 90 days of the

claim process.

expiration of the period of

File two separate forms:

limitations on credit or refund

1. For the adjustment process, file one Form

for Form CT-1 . . .

CT-1 X to correct the underreported amounts.

Check the box on line 1. Pay the amount you

owe from line 18 when you file Form CT-1 X.

2. For the claim process, file a second Form

CT-1 X to correct the overreported amounts.

Check the box on line 2.

CT-1 X

Form

(Rev. 1-2012)

Instructions For Form Ct-1 X - Adjusted Employer'S Annual Railroad Retirement Tax Return Or Claim For Refund

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