Form M-942 is an important form for all businesses that deal with payments to Independent Contractors. This form is used to report the payments made to contractors, and it's important to file this form correctly and on time in order to avoid any penalties from the IRS. In this blog post, we'll take a closer look at Form M-942 and provide some tips on how to complete it correctly. We'll also highlight some of the key changes that were made to this form for the 2017 tax year. So if you're preparing your taxes and need information on Form M-942, be sure to read our latest blog post!
Question | Answer |
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Form Name | Form M 942 |
Form Length | 1 pages |
Fillable? | No |
Fillable fields | 0 |
Avg. time to fill out | 15 sec |
Other names | m942 massachusetts, w42, massachusetts employer monthly, m 942 w42 |
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MASSACHUSETTS DEPARTMENT OF REVENUE |
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W42 |
EMPLOYER’S MONTHLY RETURN OF INCOME TAXES WITHHELD |
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YOU MUST FILE THIS FORM EVEN THOUGH NO TAX MAY BE DUE. |
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NUMBER OF EMPLOYEES FROM |
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FEDERAL IDENTIFICATION NUMBER |
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BE SURE THIS RETURN COVERS |
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FOR MONTH/YEAR |
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WHOM TAXES WERE WITHHELD: |
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THE CORRECT PERIOD |
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Note: An entry must be made in each line. Enter “0,” if applicable. |
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Check here if EFT payment. |
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BUSINESS |
NAME |
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1. |
AMOUNT WITHHELD |
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IF ANY |
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INFOR- |
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MATIONBUS NESSIS |
ADDRESS |
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2. |
ADJUSTMENT FOR PRIOR |
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INCORRECT, |
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AMOUNT WITHHELD* |
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SEE |
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STATE |
ZIP |
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CITY/TOWN |
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INSTRUC- |
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3. |
AMOUNT DUE AFTER ADJUST- |
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TIONS. |
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Check if final return and you wish to close your withholding tax account. |
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MENT (NOT LESS THAN “0”) |
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4. |
PENALTIES |
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5. |
INTEREST |
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Return is due with payment on or before the 15th day of the month following the month indicated above, except during |
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6. |
TOTAL AMOUNT DUE |
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March, June, September and December — then due the last day of the following month. Make check payable to Com- |
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(ADD LINES 3, 4 AND 5) |
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monwealth of Massachusetts. Mail to: Massachusetts Department of Revenue, PO Box 7038, Boston, MA 02204. |
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I declare under the penalties of perjury that this return (including any accompanying schedules and statements) has |
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CHECK HERE IF USING THE BACK OF THIS FORM: |
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been examined by me and to the best of my knowledge and belief is a true, correct and complete return. |
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Signature |
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Title |
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Date |
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*Explain any adjustment on reverse or it will be disallowed. |
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LINE 2 ADJUSTMENT INFORMATION |
STATE REASON FOR ADJUSTMENT REQUEST: |
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AS REPORTED |
CORRECTED |
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AMOUNT |
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WITHHELD |
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ADJUSTMENT |
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PRIOR PERIOD |
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AMOUNT |
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PAID |
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REPORTED UNDER |
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FED. IDENT. NO. |
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REPORTING |
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PERIOD IN ERROR |
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88M 7/00 |
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printed on recycled paper |