IRS Form CT-2 "Employee Representative's Quarterly Railroad Tax Return"

What Is IRS Form CT-2?

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 January 1, 2019. As of today, no separate filing guidelines for the form are provided by the IRS.

Form Details:

  • A 3-page form available for download in PDF;
  • Actual and valid for filing 2020 taxes;
  • Additional instructions and information can be found on page 2 of the document;
  • Editable, printable, and free;

Download a fillable version of IRS Form CT-2 through the link below or browse more documents in our library of IRS Forms.

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Download IRS Form CT-2 "Employee Representative's Quarterly Railroad Tax Return"

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CT-2
Employee Representative’s Quarterly Railroad Tax Return
Form
OMB No. 1545-0002
(Rev. January 2019)
Go to www.irs.gov/CT2 for the latest information.
Department of the Treasury
Complete both copies of Form CT-2.
Internal Revenue Service
1
Taxable compensation paid during this quarter subject to Tier 1 tax
× 12.4% (0.124)
1
$
2
Taxable compensation paid during this quarter subject to Tier 1
Medicare tax
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
×
2.9% (0.029)
2
$
3
Taxable compensation paid during this quarter subject to Tier 1
Additional Medicare Tax .
.
.
.
.
.
.
.
.
.
.
.
.
.
3
×
0.9% (0.009)
$
4
Taxable compensation paid during this quarter subject to Tier 2 tax
.
× 13.1% (0.131)
4
$
5
Credit (attach explanation in duplicate) .
.
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5
6
Total taxes for quarter (add lines 1 through 4; subtract line 5). See instructions for payment details .
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6
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is
true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
Signature
Date
Pay by
T
EFTPS or
FF
Enclose
FP
Your
I
Check or
Money
T
Return for Calendar Quarter
Employee representative’s name, address, and social security number, and name
Order
of organization represented.
(Months and year)
ORIGINAL
Print/Type preparer’s name
Preparer’s signature
Date
PTIN
Paid
Check
if
self-employed
Preparer
Firm’s name
Firm’s EIN
Use Only
Firm’s address
Phone no.
CT-2
Form
(Rev. 1-2019)
For Privacy Act and Paperwork Reduction Act Notice, see page 3.
Cat. No. 16030S
Don’t cut or separate the forms on this page.
CT-2
Form
Employee Representative’s Quarterly Railroad Tax Return
OMB No. 1545-0002
(Rev. January 2019)
Department of the Treasury
Internal Revenue Service
1
Taxable compensation paid during this quarter subject to Tier 1 tax
× 12.4% (0.124)
1
$
2
Taxable compensation paid during this quarter subject to Tier 1
Medicare tax
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
2
×
2.9% (0.029)
$
3
Taxable compensation paid during this quarter subject to Tier 1
Additional Medicare Tax .
.
.
.
.
.
.
.
.
.
.
.
.
.
×
0.9% (0.009)
3
$
4
Taxable compensation paid during this quarter subject to Tier 2 tax
.
× 13.1% (0.131)
4
$
5
Credit (attach explanation in duplicate) .
.
.
.
.
.
.
.
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.
.
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5
6
Total taxes for quarter (add lines 1 through 4; subtract line 5). See instructions for payment details .
.
.
.
6
File this DUPLICATE copy with the ORIGINAL return.
Return for Calendar Quarter
Employee representative’s name, address, and social security number, and name of organization
DUPLICATE
represented exactly as shown on ORIGINAL above.
(Months and year)
CT-2
Form
(Rev. 1-2019)
For Privacy Act and Paperwork Reduction Act Notice, see page 3.
Cat. No. 16030S
CT-2
Employee Representative’s Quarterly Railroad Tax Return
Form
OMB No. 1545-0002
(Rev. January 2019)
Go to www.irs.gov/CT2 for the latest information.
Department of the Treasury
Complete both copies of Form CT-2.
Internal Revenue Service
1
Taxable compensation paid during this quarter subject to Tier 1 tax
× 12.4% (0.124)
1
$
2
Taxable compensation paid during this quarter subject to Tier 1
Medicare tax
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
×
2.9% (0.029)
2
$
3
Taxable compensation paid during this quarter subject to Tier 1
Additional Medicare Tax .
.
.
.
.
.
.
.
.
.
.
.
.
.
3
×
0.9% (0.009)
$
4
Taxable compensation paid during this quarter subject to Tier 2 tax
.
× 13.1% (0.131)
4
$
5
Credit (attach explanation in duplicate) .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
5
6
Total taxes for quarter (add lines 1 through 4; subtract line 5). See instructions for payment details .
.
.
.
6
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is
true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
Signature
Date
Pay by
T
EFTPS or
FF
Enclose
FP
Your
I
Check or
Money
T
Return for Calendar Quarter
Employee representative’s name, address, and social security number, and name
Order
of organization represented.
(Months and year)
ORIGINAL
Print/Type preparer’s name
Preparer’s signature
Date
PTIN
Paid
Check
if
self-employed
Preparer
Firm’s name
Firm’s EIN
Use Only
Firm’s address
Phone no.
CT-2
Form
(Rev. 1-2019)
For Privacy Act and Paperwork Reduction Act Notice, see page 3.
Cat. No. 16030S
Don’t cut or separate the forms on this page.
CT-2
Form
Employee Representative’s Quarterly Railroad Tax Return
OMB No. 1545-0002
(Rev. January 2019)
Department of the Treasury
Internal Revenue Service
1
Taxable compensation paid during this quarter subject to Tier 1 tax
× 12.4% (0.124)
1
$
2
Taxable compensation paid during this quarter subject to Tier 1
Medicare tax
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
2
×
2.9% (0.029)
$
3
Taxable compensation paid during this quarter subject to Tier 1
Additional Medicare Tax .
.
.
.
.
.
.
.
.
.
.
.
.
.
×
0.9% (0.009)
3
$
4
Taxable compensation paid during this quarter subject to Tier 2 tax
.
× 13.1% (0.131)
4
$
5
Credit (attach explanation in duplicate) .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
5
6
Total taxes for quarter (add lines 1 through 4; subtract line 5). See instructions for payment details .
.
.
.
6
File this DUPLICATE copy with the ORIGINAL return.
Return for Calendar Quarter
Employee representative’s name, address, and social security number, and name of organization
DUPLICATE
represented exactly as shown on ORIGINAL above.
(Months and year)
CT-2
Form
(Rev. 1-2019)
For Privacy Act and Paperwork Reduction Act Notice, see page 3.
Cat. No. 16030S
2
Form CT-2 (Rev. 1-2019)
Page
Section references are to the Internal Revenue Code unless
Quarter covered:
Due by:
otherwise noted.
January, February, March
May 31, 2019
Future Developments
April, May, June
August 31, 2019
July, August, September
November 30, 2019
For the latest information about developments related to Form
CT-2 and its instructions, such as legislation enacted after they
October, November, December
February 29, 2020
were published, go to www.irs.gov/CT2.
If any due date shown above falls on a Saturday, Sunday, or
What’s New
legal holiday, you may file your return and pay the tax on the
next business day. The term “legal holiday” means any legal
Tax rates and compensation bases for 2019. The Tier 1 tax
holiday in the District of Columbia. If we receive Form CT-2 after
rate is 12.4%. The Tier 1 compensation base is $132,900. The
the due date, we will treat Form CT-2 as filed on time if the
Tier 1 Medicare tax rate is 2.9%. There is no compensation
envelope containing Form CT-2 is properly addressed, contains
base limit for Tier 1 Medicare tax. The Tier 2 tax rate on
sufficient postage, and is postmarked by the U.S. Postal Service
employee representatives is 13.1%. The Tier 2 compensation
on or before the due date, or sent by an IRS-designated private
base is $98,700.
delivery service (PDS) on or before the due date. If you don’t
follow these guidelines, we will consider Form CT-2 filed when it
Reminders
is actually received. See Pub. 15 for more information on legal
Tier 1 Additional Medicare Tax. In addition to the Tier 1
holidays. Go to www.irs.gov/PDS for the current list of PDSs.
Medicare tax of 2.9%, employee representatives are subject to
For the IRS mailing address to use if you’re using a PDS, go to
www.irs.gov/PDSstreetAddresses.
0.9% Additional Medicare Tax on compensation in excess of
$200,000, beginning in the pay period in which your
Where To File
compensation for the calendar year exceeds $200,000. If you
pay any Additional Medicare Tax during the year, you must
Form CT-2 contains two copies. Be sure to make an additional
complete and file Form 8959, Additional Medicare Tax, with
copy of Form CT-2 for your records. Send both the ORIGINAL
your federal income tax return. See the Instructions for Form
and DUPLICATE to the Department of the Treasury, Internal
8959. For more information on Additional Medicare Tax, go to
Revenue Service Center, Kansas City, MO 64999-0049.
www.irs.gov/ADMT.
Penalties and Interest
General Instructions
The law provides a penalty for late filing or late payment unless
you can show reasonable cause for the delay. If you’re late in
Purpose of Form
filing a return or paying the taxes, send an explanation with the
return. Interest is charged on taxes paid late at the rate set by
Use this form to report railroad retirement taxes imposed on
law.
compensation received by employee representatives.
Records
Railroad retirement taxes. The Railroad Retirement Tax Act
imposes taxes on an employee representative, which are based
You must keep records relating to employee representative
on compensation.
taxes for at least 4 years after the taxes are due or were paid,
These taxes are comprised of Tier 1 and Tier 2 taxes. The
whichever is later.
amount of compensation subject to each tax is different.
Definitions
The Tier 1 tax rate is 12.4%. It applies only to the first
$132,900 paid to you during 2019 for services performed as an
Employee representative. An employee representative is:
employee representative. The Tier 1 Medicare tax rate is 2.9%.
1. Any officer or official representative of a railway labor
It applies to all compensation paid to you during 2019 for
organization that isn’t an employer under section 3231(a) who
services performed as an employee representative. The Tier 1
(a) was in the service of an employer and (b) is authorized and
Additional Medicare Tax is 0.9%. It applies to compensation
designated to represent employees under the Railway Labor
paid to you during 2019 that exceeds $200,000 for services
Act, or
performed as an employee representative.
2. Any individual who is regularly assigned to or regularly
The Tier 2 tax rate on employee representatives is 13.1%. It
employed by an employee representative as defined above in
applies only to the first $98,700 paid to you during 2019 for
connection with the duties of the employee representative’s
services performed as an employee representative.
office.
Who Must File
Compensation. Compensation means payment in money,
meaning currency issued by a recognized authority as a
You must file Form CT-2 for the first quarter in which you’re
medium of exchange, for services performed as an employee
paid taxable compensation for services you performed as an
representative. It doesn’t include payments made specifically for
employee representative. Continue filing returns for each
traveling or other bona fide and necessary expenses that meet
quarter, even if you’re not paid taxable compensation. When
the rules in the regulations under section 62. For purposes of
your taxable compensation payments stop completely, you
Tier 1 taxes, compensation doesn’t include sickness or accident
must file a final return. Write “Final Return” at the top of Form
disability payments received (a) under a workers’ compensation
CT-2 and on the duplicate copy.
law, (b) under section 2(a) of the Railroad Unemployment
When To File
Insurance Act for days of sickness due to an on-the-job injury,
(c) under the Railroad Retirement Act, or (d) more than 6 months
Due dates for filing Form CT-2 and paying the tax each quarter
after the month in which the employee representative last
are as follows.
worked for the railway labor organization. For purposes of Tier 2
taxes, compensation doesn’t include payments made under a
sickness or accident disability plan or a medical or
hospitalization plan in connection with sickness or accident
disability.
3
Form CT-2 (Rev. 1-2019)
Page
Compensation is considered paid when actually paid or when
Paid preparer. A paid preparer must sign Form CT-2 and
constructively paid. Constructively paid means that the pay (a)
provide the information in the Paid Preparer Use Only section if
has been credited to the employee representative’s account or
the preparer was paid to prepare Form CT-2 and isn’t an
set apart with no substantial limit or condition on how or when
employee of the filing entity. Paid preparers must sign paper
returns with a manual signature. The preparer must give you the
the payment will be made and (b) is available to draw on at any
time and to control.
original return and duplicate copy to be filed with the IRS and
another copy of the return for your records.
Specific Instructions
If you’re a paid preparer, enter your Preparer Tax
Identification Number (PTIN) in the space provided. Include your
If you perform services as both an employee representative and
complete address. If you work for a firm, write the firm’s name
an employee and your total pay for these services is more than
and the EIN of the firm. You can apply for a PTIN online or by
the applicable maximum (see Line 1 and Line 4, later), then for
filing Form W-12. For more information about applying for a
lines 1 and 4 subtract your pay as an employee from the
PTIN online, go to www.irs.gov/PTIN. You can’t use your PTIN
maximum to determine the amount subject to the employee
in place of the EIN of the tax preparation firm.
representative’s tax.
Privacy Act and Paperwork Reduction Act Notice. We ask for
Line 1. Multiply the compensation subject to Tier 1 tax by
the information on Form CT-2 to carry out the Internal Revenue
12.4% (0.124). This tax applies only to the first $132,900 paid to
laws of the United States. We need it to figure and collect the
you during 2019 for services performed as an employee
right amount of tax. Section 3211 and section 6011 and their
representative.
regulations require employee representatives to report and pay
Line 2. Multiply the compensation subject to Tier 1 Medicare
over to the IRS railroad retirement taxes (Tier 1, Tier 2, Tier 1
tax by 2.9% (0.029). This tax applies to all compensation paid
Medicare tax, and Additional Medicare Tax). Form CT-2 is used
to you during 2019 for services performed as an employee
to determine the amount of such taxes that you owe. Section
representative.
6109 requires you to provide your identification numbers. If you
Line 3. Multiply the compensation subject to Tier 1 Additional
fail to provide this information in a timely manner, or provide
Medicare Tax by 0.9% (0.009). This tax applies only to
false or fraudulent information, you may be subject to penalties.
compensation that exceeds $200,000.
You’re not required to provide the information requested on a
Line 4. Multiply the compensation subject to Tier 2 tax by
form that is subject to the Paperwork Reduction Act unless the
13.1% (0.131). This tax applies only to the first $98,700 paid to
form displays a valid OMB control number. Books and records
you during 2019 for services performed as an employee
relating to a form or its instructions must be retained as long as
representative.
their contents may become material in the administration of any
Internal Revenue law.
Line 5. Enter a credit for an overpayment of tax, penalty, or
interest you overpaid for an earlier quarter. Attach two copies of
Generally, tax returns and return information are confidential,
a detailed statement explaining the credit claimed. However,
as required by section 6103. However, section 6103 allows or
don’t include a credit for an overpayment of Additional Medicare
requires the IRS to disclose or give the information shown on
Tax for an earlier year. Any Additional Medicare Tax paid will be
your tax return to others as described in the Code. For example,
credited against the total tax liability shown on your Form 1040,
we disclose your tax information to the Railroad Retirement
U.S. Individual Income Tax Return. If you have filed Form 1040
Board for use in administering the Railroad Retirement Act, and
for the earlier year, you should make a claim for refund for
we may disclose your tax information to the Department of
Additional Medicare Tax paid using Form 1040X, Amended U.S.
Justice for civil and criminal litigation, and to cities, states, the
Individual Income Tax Return.
District of Columbia, and U.S. commonwealths and possessions
for use in administering their tax laws. We may also disclose this
Line 6. You may pay the amount shown on line 6 using the
information to other countries under a tax treaty, to federal and
Electronic Federal Tax Payment System (EFTPS) or by check or
state agencies to enforce federal nontax criminal laws, or to
money order. To get more information about EFTPS or to enroll
federal law enforcement agencies and intelligence agencies to
in EFTPS, visit www.eftps.gov, or call 800-555-4477 or
combat terrorism.
800-733-4829 (TDD). Additional information about EFTPS is also
available in Pub. 966.
The time needed to complete and file Form CT-2 will vary
depending on individual circumstances. The estimated average
If you pay by check or money order, make it payable to
time is: Recordkeeping, 13 min.; Learning about the law or
“United States Treasury.” Enter on your check or money order
the form, 13 min.; Preparing the form, 26 min.; Copying,
your social security number (SSN), “Form CT-2,” and the
assembling, and sending the form to the IRS, 16 min.
quarter (for example, “1Q 2019” for the first quarter of 2019).
If you have comments concerning the accuracy of these time
Signature. You or your authorized agent must sign the
estimates or suggestions for making Form CT-2 simpler, we
ORIGINAL copy of Form CT-2.
would be happy to hear from you. You can send us comments
Name, address, etc. Type or print your name, address, SSN,
from www.irs.gov/FormComments. You may also mail your
and the name of the labor organization for which you perform
comments to Internal Revenue Service, Tax Forms and
services.
Publications Division, 1111 Constitution Ave. NW, IR-6526,
Washington, DC 20224. Don’t send Form CT-2 to this address.
Return for calendar quarter. Enter the months of the quarter
Instead, see Where To File, earlier.
and the year of the return. For example, show the first quarter of
2019 as “Jan., Feb., Mar. 2019.”
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