For businesses operating within New Mexico, ensuring the accuracy of wage reports is crucial for compliance with state labor laws. The ES-903C form, revised as of July 1st, stands as an essential document for employers needing to amend previously submitted wage information via the ES-903A form. Managed by the New Mexico Department of Workforce Solutions, this correction form plays a pivotal role in maintaining accurate employment records and ensuring proper taxation. With detailed sections like Schedule A and Schedule B, the form allows for a concise presentation of originally reported wages alongside corrected figures, highlighting any discrepancies needing attention. It also outlines the potential financial implications of these corrections, such as adjustments in taxes due, interest, and penalties for late reporting or payments. Employers are obliged to list only the wages that require correction, providing clarity and efficiency in rectifying wage data. This form not only aids in the logistical aspect of wage reporting but also upholds the integrity of employment data within the state, reinforcing the Department's commitment to fair labor practices and employer accountability.
| Question | Answer |
|---|---|
| Form Name | Form Es903C |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | form es903a, 2021 es903a, es903a 2020, es903a instructions |
|
|
|
DATE RECEIVED: |
|
|
||
|
|
|
NEW MEXICO DEPARTMENT OF WORKFORCE SOLUTIONS |
|
|
||
|
|
|
P.O. BOX 2281, ALBUQUERQUE NEW MEXICO 87103 |
|
|
|
|
|
|
|
|
(505) |
|
|
|
|
|
STATEMENT TO CORRECT INFORMATION REPORTED ON FORM |
|
|
|||
|
Form ES903C should be submitted for each quarter requiring correction. Schedule A should include totals for the quarter. |
|
|||||
|
Only wages being corrected should be listed on schedule B (or attach listing with same format). |
|
|
|
|||
|
|
|
SCHEDULE A |
AS REPORTED |
AS CORRECTED |
DIFFERENCE |
|
Acct No.: |
|
1. |
Total Wages (column 12 of ES903A) |
|
|
|
|
|
|
|
2. |
Deduct excess wages (column 13 of ES903A) |
|
|
|
QTR Ending: |
|
3. |
Taxable wages (item 1 less item 2) |
|
|
|
|
|
|
|
4. |
Tax Due (item 3 X rate of) |
|
|
|
Date Due: |
|
5. |
Interest due (1% per month after due date) |
|
|
|
|
|
|
|
6. |
Late report penalty(add $50) |
|
|
|
Name: |
|
7. |
Late payment penalty (add 5% of tax due or |
|
|
|
|
|
|
|
|
$25 whichever is greater) |
|
|
|
Address: |
|
8. |
Total amount due to NMDOL |
|
|
|
|
|
|
|
9. |
Total amount actually paid |
|
|
|
SCHEDULE B |
|
|
|
|
|
|
|
|
|
|
|
Wages as they were reported |
Corrected Wages |
|
|
Employee social |
Name of Employee |
Individual total wages |
Wages in excess of |
Individual total wages |
Wages in excess of |
||
security number |
|
|
paid this quarter |
annual taxable base |
paid this quarter |
annual taxable base |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTALS
Reasons for Corrections:(Corrections resulting in credit may not be effected without narrative justification)
|
|
FOR DEPARTEMENT USE ONLY |
I CERTIFY THAT THE ABOVE INFORMATION IS CORRECT TO THE BEST OF MY KNOWLEDGE AND BELIEF. |
Date: |
|
|
|
Batch No. |
Authorized Signature/Title |
Date: |
Processed by: |