Employers file Form 941 quarterly to report income paid to their employees. However, a different tax form must be used for agricultural employees when reporting their quarterly earnings and taxes withheld.
There isn’t much of a difference between the Form 941 and 943. It reports the same wage, salary, or other compensation paid to the employee—except its agricultural employees only. The only main difference is that Form 943 isn’t filed quarterly. As an employer, you will file Form 943 once, annually. Even if the employer is running agricultural operations, not as the main business, the Form 943 must be used when reporting income for the farmworkers.
The same goes for employees who are working at a dairy farm also. Here is what the Form 943, Employer’s Annual Federal Tax Return for Agricultural Employees.
- Number of agricultural employees that are on the payroll
- Total wages subject to Social security tax
- Social Security tax
- Total wages subject to Medicare tax
- Additional Medicare tax withholding
- Federal income tax withheld
- Total taxes before adjustments
- Current tax year’s adjustments
- Qualified small business payroll tax credit for increasing research activities
- Total taxes after credits and adjustments
- Total deposits for the tax year
Same as Form 941, you are going to mail it once you file it. Here are the mailing addresses with and without payments.
Form 943 with Payment
Internal Revenue Service PO Box 806533
Cincinnati, OH 45280-6533
Form 943 without Payment
Department of the Treasury
Internal Revenue Service
Kansas City, MO 64999-0006