Draft Instructions for Schedule R of Form 943 Issued by IRS

Draft instructions for Schedule R of the 2020 Form 943 were released Oct. 5 by the Internal Revenue Service.

The instructions for the 2020 Form 943’s Schedule R, Allocation Schedule for Aggregate Form 943 Filers, were revised to take into account the schedule’s new columns for reporting aggregated Form 943 data on coronavirus-related employment tax relief.

The revisions incorporated into the draft 2020 Form 943’s Schedule R, released Sept. 17, facilitate reporting from the new lines included on the revised draft 2020 Form 943, Employer’s Annual Federal Tax Return for Agricultural Employees.

Draft forms and instructions are not final. ...