Railroad Retirement Tax Act (Form CT-1 and CT-1X)

ICR 202202-1545-014

OMB: 1545-0001

Federal Form Document

ICR Details
1545-0001 202202-1545-014
Received in OIRA 202112-1545-012
TREAS/IRS Ready for Treasury
Railroad Retirement Tax Act (Form CT-1 and CT-1X)
Extension without change of a currently approved collection   No
Regular 07/29/2022
  Requested Previously Approved
36 Months From Approved 07/31/2022
2,400 2,400
62,589 62,589
0 0

Chapter 22 of the Internal Revenue Code (IRC) contains the rules and requirements of taxes imposed by the Railroad Retirement Tax Act (RRTA). IRC section 3201 imposes a tax on railroad employees' earnings at a rate equal to the social security tax rate, as well as a tax on income commonly known as Tier II tax. IRC section 3221 imposes the equivalent of employer Federal Insurance Contribution Act (FICA) tax and a Tier II tax on the employer. IRC sections 6011, 6071, and 6302, and their associated regulations, provide the requirements for filing returns, the time of filing, and the method of collecting taxes imposed by IRC Chapter 22. Form CT-1 is used by railroad employers to annually report taxes imposed by the Railroad Retirement Tax Act (RRTA) and claim eligible employer tax credits. Form CT-1X is used to correct errors on a previously filed Form CT-1.

US Code: 26 USC 3221 Name of Law: Rate of tax (employer)
   US Code: 26 USC 3201 Name of Law: Rate of tax (employee)
   PL: Pub.L. 117 - 2 9501, 9641, and 9651 Name of Law: American Rescue Plan Act
   US Code: 26 USC 6011 Name of Law: General Requirement Of Return, Statement, Or List
   US Code: 26 USC 6071 Name of Law: Time For Filing Returns And Other Documents
   US Code: 26 USC 6302 Name of Law: Mode Or Time Of Collection

Not associated with rulemaking

  87 FR 2486 01/14/2022
87 FR 45423 07/28/2022

  Total Request Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 2,400 2,400 0 0 0 0
Annual Time Burden (Hours) 62,589 62,589 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0

Michael Ecker 202 622-3144


On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

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