Texas C 5 Form PDF Details

The Texas Workforce Commission's Adjustment Report, known as Form C-5, serves a critical role for employers across the state. On occasion, discrepancies occur in the reported amounts of total and/or taxable wages previously submitted through the Employer’s Quarterly Report, Form C-3. The C-5 form provides a structured avenue for rectifying such discrepancies for any given calendar quarter. This necessity arises from the complexities inherent in payroll management, where errors can lead to inaccuracies in tax contributions and affect an employer's compliance status. Central to the form's utility is its requirement for a thorough restatement of wages, whether they have been over-reported or under-reported, alongside the recalculated tax contributions, interest, and penalties if applicable. The design of the form ensures that corrections are not only accurately captured but are also verifiable against initial submissions to maintain integrity in the reporting process. Further, it extends a pathway for employers to amend information promptly, avoiding potential penalties for late submissions or inaccuracies. Additionally, the Adjustment Report underscores the commitment of the Texas Workforce Commission to uphold transparency and fairness in employer contributions, facilitating a correction mechanism that safeguards both the employer's and employees' interests. By mandating detailed justification for adjustments and encouraging the attachment of a Wages List Adjustment Schedule (Form C-7) for individual employee wages affected, it ensures comprehensive compliance revisits. This form exemplifies the procedural rigor necessary for maintaining accurate employment records and highlights the Texas Workforce Commission's proactive stance in accommodating necessary adjustments post-report submission.

QuestionAnswer
Form NameTexas C 5 Form
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesrecordstwc, c 5 form, WRCE, C-4

Form Preview Example

TEXAS WORKFORCE COMMISSION

33333

PO BOX 149037

 

AUSTIN, TX 78714-9037

 

ADJUSTMENT REPORT

1.TWC Account number:

-

 

 

 

 

 

 

-

 

 

 

 

 

 

 

 

2.Employer’s Name and Address:

3.Adjustment for the Quarter Ended:

 

 

 

 

 

 

2

0

 

 

 

 

 

 

 

 

 

 

 

 

Month

 

Day

Year

PURPOSE:

This report shall be used to correct amounts of total and/or taxable wages previously reported on Employer’s Quarterly Report, Form C-3.

A separate report is required for EACH calendar quarter adjusted.

Individuals may receive, review, and correct information that TWC collects about the individual by emailing to:

open.records@twc.state.tx.us

or writing to:

TWC Open Records

101 East 15th St Rm. 266

Austin, TX 78778-0001

For TWC Use Only:

Result of Audit?

 

 

 

 

 

Yes /

 

No

Column A Verified?

 

Yes /

 

No

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mo.

 

Day

Year

 

 

 

 

 

Postmark Date

 

 

Dollars

Cents

 

 

 

 

 

 

 

 

 

 

 

Amount Received

AE #

 

Inits.

Wages List Adjustment

Keyed by WRCE Keyed by B-27

Attached Not Attached Not Required

Please note: Lines 4 and 5 must be completed for columns A, B and C, even if no changes are made for one of the items.

(If no change for an item, please enter the same figure in columns A and B, and show $0.00 for column C.)

 

 

 

 

A

 

 

B

 

 

C

 

 

Amounts as Originally Reported on Form C-3 (or

 

 

 

 

 

Difference

 

ITEMS

previously adjusted on Form C-5) for this quarter:

 

 

Correct Amounts

 

Over Reported or Under

 

 

 

 

 

 

 

 

 

 

Reported

 

 

 

 

Dollars . Cents__

 

 

Dollars .

Cents__

[Column A - Column B]

4.

Total Wages Paid

 

 

 

 

 

 

 

$

 

5.

Net Taxable Wages

 

 

 

 

 

 

 

$

 

6.

Tax Contribution

at

%

$

at

%

$

 

at

% $

7.

Interest – If item 6C (Tax Contribution Difference) indicates additional tax due for this quarter, compute interest at 1.5%

$

 

 

of the additional tax due for each month after which the original payment became due.

 

 

 

8.

Penalty – If the original Employers Quarterly Report (Form C-3) was submitted more than 15 days late for this quarter,

 

 

 

and the taxable wages have changed (as shown in item 5C), calculate the difference in penalty amount due.

$

 

 

 

 

 

9.

Total for this

Underpayment: Attach remittance for the additional amount due.

$

Overpayment: Amount will be reflected on your next tax report and can be used to offset future

 

Quarter

 

 

 

liabilities.

 

 

 

 

 

IMPORTANT: This section must be completed for each form submitted

Indicate reason for adjustment:

If amounts reported on Form C-4 for any individual employee(s) are affected by the

 

Form C-7:

adjustment for this quarter, attach a Wages List Adjustment Schedule (Form C-7),

 

 

Submitted

 

Not Submitted

showing adjustment of the total wages reported for each affected employee.

 

 

 

 

 

 

 

I certify that all information in this Adjustment Report is true and correct:

Signature:___________________________________________________________________

Phone: ( )

Print Name:

Title:

Date:

 

(Owner, Officer, Partner, etc.)

 

Form C-5 (0507)

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