Summary of Changes-1

Implementation Plan: Open Actions for Product CT-1
Run by: SD_885NB

Run date:

31-AUG-11

Reviewer: FRITTS, PRISCILLA
Action
Act
IRC
Number Section Section

Description of Action

Date
Type

Effective
Date

Target
Due Date

19-MAR-2010

19-MAR-2010

Effective
Date

Target
Due Date

19-MAR-2010

25-OCT-2011

P.L. 111-147, Hiring Incentives to Restore Employment Act
65.00003

101

3221

Revise Form CT-1 to reflect the reduced Tier I rate
paid by qualified employer with respect to
employment of qualified individual

ADOE

Reviewer: TARRIS, VIRGINIA
Action
Act
IRC
Number Section Section

Description of Action

Date
Type

P.L. 111-147, Hiring Incentives to Restore Employment Act
65.00006

101

3221

Revise Form CT-1 to remove the reduced Tier I
rate.

ADOE

Description of Major Changes for
2011 Form CT-1, Employer’s Annual Railroad Retirement Tax Return

Page 1: Form
• Deletions: We have deleted lines 1c through 1f, 7c through 7e, 15a through 15c, and 16,
whose entries related to the special rule for certain individuals hired in 2010. We have
renumbered the remaining lines accordingly. The special rule in IRC 3221(c) for certain
individuals hired in 2010 expired December 31, 2010. PL 111-147, sec 101(d)(1).
• Rate change: On lines 4 and 9, we have lowered the tax rate from 6.2% to 4.2% for
calendar year 2011. PL 111-312, sec 601(a)(2) & (c), which amended IRC 3101(a) &
3201(a) and the corresponding tax rate under IRC 3202(a) & (b).
• Consolidated Part I: We have moved all of Part I to page 1.
Page 4: Privacy Act and Paperwork Reduction Act Notice: Substituted “commonwealths” for
“territories” in the next to last sentence of the first paragraph. IRC 6103(b)(5)(A).