OMB No. 1545-0001
Employer’s Annual Railroad Retirement Tax Return
CT-1
Form
Department of the Treasury
Internal Revenue Service
© See the separate instructions.
If final return,
check here. ©
Employer identification number (EIN)
Please
type or
print.
RRB number
©
Railroad Retirement Taxes. On lines 1–10 below, enter the amount of compensation for each tax. Then,
multiply it by the rate shown and enter the tax.
1
× 6.2%
Tier I Employer Tax—Compensation (other than tips and sick
pay) paid in 2007
2
× 12.1%
Tier II Employer Tax—Compensation (other than tips) paid in 2007
3
× 6.2%
Tier I Employee Tax—Compensation (other than sick pay) paid
in 2007
4
× 3.9%
Tier II Employee Tax—Compensation (for tips, see instructions)
paid in 2007
× 6.2%
5
Tier I Employer Tax—Sick pay paid in 2007
× 6.2%
Tier I Employee Tax—Sick pay paid in 2007
Total tax based on compensation (add lines 1 through 10)
6
Adjustments to employer and employee railroad retirement taxes based on compensation. See
the instructions for line 12 and attach required statements.
7
Total railroad retirement taxes based on compensation (line 11 adjusted by line 12)
©
8
9
10
11
Total railroad retirement tax deposits (from your records) for the year, including overpayment
applied from the prior year
12
13
Balance due (subtract line 14 from line 13). Pay to the “United States Treasury” (see instructions)
and check if you want it:
Overpayment. If line 14 is more than line 13, enter overpayment here ©
Applied to next return or
Refunded.
Form CT-1 (2007)
For Paperwork Reduction Act Notice, see back of payment voucher.
Tier I Employer Medicare Tax—Compensation (other than tips
and sick pay) paid in 2007
Tier I Employee Medicare Tax—Compensation (other than sick
pay) paid in 2007 (for tips, see instructions)
Tier I Employer Medicare Tax—Sick pay paid in 2007
Tier I Employee Medicare Tax—Sick pay paid in 2007
14
15
16
× 1.45%
× 1.45%
× 1.45%
× 1.45%
Part I