IRS NOTICE REFERENCE
Understanding your CP137 notice
This notice explains to you what your new Federal Tax Deposit (FTD) schedule is for next year’s Form 943, Employer's Annual Federal Tax Return for Agricultural Employees , based on your tax from last year’s Form 943.
General information only. Not legal or tax advice.
Notice details
- Notice code
- CP137
- Category
- Account and informational
- Severity tier
- Tier 1 — Routine. Informational or administrative notice; no response typically required.
- Source
- IRS.gov — Understanding Your IRS Notice
What this notice is
This notice explains to you what your new Federal Tax Deposit (FTD) schedule is for next year’s Form 943, Employer's Annual Federal Tax Return for Agricultural Employees , based on your tax from last year’s Form 943.
Source: IRS.gov. Reproduced for reference. General information — not legal or tax advice.
What the IRS says to do
If your tax liability for last year was $50,000 or less, you’ll be a monthly depositor next year. Monthly depositors must deposit taxes for wages accumulated during a month by the 15th of the following month. If your tax liability for last year was over $50,000, you’ll be a semiweekly depositor next year. Semiweekly depositors must deposit taxes as explained below: For wages paid on Saturday, Sunday, Monday, or Tuesday then you must deposit taxes by the following Friday. For wages paid on Wednesday, Thursday, or Friday then you must deposit taxes by the following Wednesday. For wages paid on Saturday, Sunday, Monday, or Tuesday then you must deposit taxes by the following Friday. For wages paid on Wednesday, Thursday, or Friday then you must deposit taxes by the following Wednesday. You must determine the appropriate deposit schedule if the tax amount we used to determine your tax schedule is different from your tax records. If the tax amount we used is zero, then you may need to file last year’s Form 943 . If you’re not required to file or you already filed a Form 943 that did not show any tax, then no action is needed.
This is the IRS’s own guidance reproduced from the IRS notice page. It describes the IRS’s process — it is not legal or tax advice from TaxRiskOS.
Official IRS reference
Read the official notice page on IRS.gov: https://www.irs.gov/individuals/understanding-your-cp137-notice
Related tools
TaxRiskOS is workflow software for practitioners — it captures the notice, computes the deadline, surfaces the escalation tier, and builds a document checklist. It documents process; it does not give advice or draft responses.
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