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Issue Number:  2015-7

Inside This Issue

1. New on IRS.gov
2. Webinar Series: Affordable Care Act Provisions for Employers and Coverage Providers
3. Don’t Miss an Upcoming IRS Free Webinar:
   Accumulated Sick and Leave Pay for Retiring Employees: When is it Taxable?
4. Technical Guidance

Final Version Forms

• 2015 pub 5078, Modernized e-File (MeF) Test Package 2015 pub 515,  Withholding of Tax on Nonresident Aliens and Foreign Entities
• 2014 Form 5884, Work Opportunity Credit
• 2015 Inst. 941-X (PR) , Instructions for Form 941-X (PR), Adjusted Employer's Quarterly Federal Tax Return or Claim for Refund (Puerto Rico Version)
• 2015 Form 941-X (PR) , Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund (Puerto Rico Version)
• 2015 Form 4419, Application for Filing Information Returns Electronically (FIRE)

Draft Forms

• 2015 Form 940 (PR), Planilla Para La Declaracion Federal Anual Del Patrono de la Contribcion Federal Para El Desempleo (FUTA)
• 2015 Inst. 943 (PR),  Instrucciones para el Formulario 943-PR, Planilla para la Declaracion Anual de la Contribucion Federal del Patrono de Empleados Agricolas
• 2016 Form W-4, Employee's Withholding Allowance Certificate
• 2015 Form W-3C, Transmittal of Corrected Wage and Tax Statements (Info Copy Only)
• 2016 Form W-3, Transmittal of Wage and Tax Statements (Info Copy Only)
• 2015 Inst. 944,  Instructions for Form 944, Employer's Annual Federal Tax Return
• 2015 Inst. 940, Instructions for Form 940, Employer's Annual Federal
• 2015 Form 944 (SP),  Declaracion Federal ANUAL de Impuestos del Patrono o Empleador
• 2015 Inst. 941-X (PR), Instructions for Form 941-X (PR), Adjusted Employer's Quarterly Federal Tax Return or Claim for Refund (Puerto Rico Version)
• 2016 Form 941, Employer's Quarterly Federal Tax Return
• 2016 Form 941-SS, Employer's Quarterly Federal Tax Return - American Samoa, Guam, the Commonwealth of the Northern Mariana Islands, and the U.S. Virgin Islands
• 2015 Form 940, Employer's Annual Federal Unemployment (FUTA) Tax Return
• 2015 Form 1095-A, Health Insurance Marketplace Statement
• 2015 Form 1095-B, Health Coverage
• 2015 Form 1095-C, Employer-Provided Health Insurance Offer and Coverage
• 2015 Form 1094-C, Transmittal of Employer-Provided Health Insurance Offer and Coverage Information Returns
• 2015 Form 944, Employer's Annual Federal Tax Return
• 2015 Form 943 (PR), Planilla para la Declaracion Anual de la Contribucion Federal del Patrono de Empleados Agricolas
• 2015 Inst. 943, Instructions for Form 943, Employer's Annual Federal Tax Return for Agricultural Employees
• 2015 Inst. 945,  Instructions for Form 945, Annual Return of Withheld Federal Income Tax

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The IRS is presenting three different webinars in July each be offered again in August and September.

Health Care Tax Tip 2015-41 has more information.

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When: July 30, 2015; 2 p.m. (Eastern)

How: Register for this event. You will use the same link to attend the event.

Learn about:

• Determining when accumulated sick and vacation pay are subject to federal employment taxes
• Determining when to defer taxation to a later year
• Defining an elective employee contribution
• Defining a non-elective employer contribution

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Notice 2015-49 informs taxpayers that the Treasury Department and the IRS intend to amend the required minimum distribution regulations under § 401(a)(9) of the Internal Revenue Code to address the use of lump sum payments to replace annuity payments being paid by a qualified defined benefit pension plan. The regulations, as amended, will provide that qualified defined benefit plans generally are not permitted to replace any joint and survivor, single life, or other annuity currently being paid with a lump sum payment or other accelerated form of distribution. The Treasury Department and the IRS intend that these amendments to the regulations will apply as of July 9, 2015, except with respect to certain accelerations of annuity payments described in the notice. Find Notice 2015-49 in Internal Revenue Bulletin 2015-30 on July 27, 2015.

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