1099 Forms Guide & Resources

Form 945 is used to report federal income tax withheld from nonpayroll payments, such as pensions, backup withholding, or gambling winnings. Businesses must file annually with the IRS.

Our platform makes 945 filing secure, simple, and IRS-compliant.

What Is 945?

Form 945 is the Annual Return of Withheld Federal Income Tax, required when withholding federal tax from nonpayroll payments.

Who Must File a 945 Form?

You must file if you withheld federal income tax from:

• Pension or IRA distributions
• Backup withholding on payments to vendors or contractors
• Gambling winnings
• Certain other nonpayroll payments

Information Needed to Complete a 945

• Employer/payer details: name, address, EIN
• Total federal income tax withheld during the year
• Payment type categories (retirement, gambling, etc.)

How to eFile 945 Online Easily

• Gather withholding totals by category
• Enter payer and IRS tax information
• Validate amounts for accuracy
• File electronically with the IRS

Common Filing Errors to Avoid

• Filing 941 instead of 945 (used for payroll taxes)
• Incorrectly categorizing nonpayroll payments
• Failing to reconcile with 1099 or W-2G filings

IRS 945 Deadlines & Filing Penalties

• IRS filing: January 31 of the following year

Late or inaccurate filings may result in IRS penalties and interest charges.

Why eFile Your 945 Form With Us?

• Secure, IRS-approved electronic filing
• Built-in error validation
• Easy reconciliation with 1099 and W-2G filings

Frequently Asked Questions

What is Form 945 used for?
To report annual federal income tax withheld from nonpayroll payments.

Who files Form 945?
Businesses, financial institutions, or payers who withheld tax from pensions, gambling, or other nonpayroll payments.

Do I still need to file if no withholding occurred?
If the IRS notifies you that you must file, yes.

Is 945 the same as 941?
No — 941 is for payroll taxes, 945 is for nonpayroll withholding.

What happens if I miss the deadline?
Penalties and interest may apply until filing is completed.