IRS Form 13930 Application for Central Withholding Agreement

What Is IRS Form 13930?

This is a tax form that was released by the Internal Revenue Service (IRS) - a subdivision of the U.S. Department of the Treasury on June 1, 2018. As of today, no separate filing guidelines for the form are provided by the IRS.

FAQ

Q: What is IRS Form 13930?A: IRS Form 13930 is an Application for Central Withholding Agreement.

Q: Who needs to file IRS Form 13930?A: Entities or individuals who make income payments subject to withholding taxes and want to enter into an agreement with the IRS to have a reduced withholding rate.

Q: What is a Central Withholding Agreement?A: A Central Withholding Agreement is an agreement between the IRS and a withholding agent to establish a reduced rate of withholding on specific types of payments.

Q: What types of payments are eligible for a Central Withholding Agreement?A: Certain types of income payments, such as royalties, rents, and certain periodic payments, may be eligible for a Central Withholding Agreement.

Q: How do I complete IRS Form 13930?A: You will need to provide your identifying information, details of the payment(s) you are seeking a reduced withholding rate for, and other supporting documentation as required.

Q: Are there any fees associated with filing IRS Form 13930?A: Yes, there may be a user fee associated with filing IRS Form 13930. The exact fee amount can be found in the instructions for the form.

Q: Can I electronically file IRS Form 13930?A: As of now, electronic filing is not available for IRS Form 13930. The form must be filed by mail or fax.

Q: How long does it take to process IRS Form 13930?A: The processing time for IRS Form 13930 varies. It is recommended to submit the form well in advance of the anticipated payment date to allow for processing time.

Q: Can I make changes or cancel a Central Withholding Agreement after it is approved?A: Yes, you can make changes or cancel a Central Withholding Agreement by submitting a revised Form 13930 or by contacting the IRS.