515, Withholding of Tax on Nonresident Aliens and Foreign Corporations, and the Instructions for Form 1042-S. Eligible rollover distributions. A hardship distribution. This includes medical and educational expenses and costs for purchasing a new residence, or to prevent eviction or foreclosure on a current residence. Other exceptions apply. Generally, you must provide a written explanation to the recipient at least 30 but no more than 90 days before making an eligible rollover distribution.
Similar rules apply to distributions from tax-sheltered annuities.
Depositing and Reporting Withholding Report income tax withholding from pensions and annuities on Form 945, Annual Return of Withheld Federal Income Tax. Do not report these liabilities on Form 941. Do not combine the Form 945 deposits with deposits for payroll taxes. Circular E and the separate Instructions for Form 945 include information on the deposit rules.