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Show New Income Tax Form Adopted for Employers District Director Charles I. Fox states that the Employers' quarterly quar-terly Federal Tax Return (Form 911) has been revised to exclude Schedule C "Reconciliation of Income Tax Withheld." The use of separate form W-3, "Reconciliation "Reconcil-iation of Income Tax Withheld from Wages" has been reinstated, j The purpose of this form is to list the amount of income tax ! withheld each quarter for the calendar year to balance the total to-tal for the year with the total j amount withheld as shown on : forms W-2 prepared for each em-i em-i ployee. ( In the propnra'ion of the fourth quarter payroll tax returns, employers em-ployers are cauMoned that they must use separate form W-3. This ; form w'.'l be sent each employer when the Employer's Quarterly Federal Tax Return for the fourth quarter is mailed, Mr. Fox said. |