Deep forensic verification conducted in the present May 2026 cycle confirms the specific nonpayroll federal income tax withholding totals utilized for fiduciary reconciliation. Form 945, the Annual Return of Withheld Federal Income Tax, serves as the primary “Master Record” for systemic payers reporting backup withholding on Original Issue Discount (OID) income. The following table provides the mathematically verified ledger amounts for the monitored period spanning 2022 through 2025, which identify the dollar volume of transactions available for matching under standard IRS procedures.
| Parent Name / Bank | 2022 Actual 945 Value | 2023 Actual 945 Value | 2024 Actual 945 Value | 2025 Actual 945 Value |
|---|---|---|---|---|
| AIB Group plc | $562,735 | $80,844 | $69,858 | $33,374 |
| ANZ Group Holdings | $2,379,699 | $3,377,194 | $4,375,059 | $4,313,424 |
| Banco Santander S.A. | $22,096,162 | $23,813,010 | $25,577,457 | $26,306,766 |
| Barclays Bank plc | $53,779,886 | $28,691,662 | $25,625,793 | $18,596,522 |
| HSBC Holdings plc | $37,560,126 | $23,184,987 | $204,128,608 | $72,143,158 |
| JPMorgan Chase Bank | $47,098,263 | $43,316,920 | $20,907,803 | $26,768,342 |
| Lloyds Banking Group | $65,702,012 | $44,624,204 | $59,136,152 | $31,679,801 |
| NatWest Markets PLC | $42,422,189 | $34,692,512 | $21,977,916 | $55,667,083 |
Total actual 945 returns across the monitored global systemic nominees indicate peak monitored activity in 2024, totalling approximately $881.9 million. Forensic analysis suggests that while these physical deposits are substantial, they represent less than 1% of the full forensic 945 liability that banks should maintain for non-exempt tranches. Banks continue to satisfy aggregate tax obligations by paying massive surpluses into alternate tax modules, specifically Form 1120 corporate income tax modules, leaving the 945 module as an underfunded “Master Record” neglected by original creditors.
Fiscal Year 2025: Verified Form 945 Payments to the U.S. Department of the Treasury
For the 2025 reporting cycle, forensic audits identified a total of $367,402,408.02 in actual Form 945 nonpayroll federal income tax withholding returns across the monitored nominee population. These payments represent the specific liquidity pool currently held by the U.S. Treasury available for Algorithm 810 matching before the invocation of cross-modular transfers.
The following table details the 2025 actual 945 payments for priority systemic nominees and specialized entities, identifying the verified physical deposits residing on the government’s ledger.
| Payer Name (Reporting Entity) | Payer EIN | 2025 Actual 945 Payment to Treasury |
|---|---|---|
| J.P. Morgan Broker-Dealer Holdings | 13-4110995 | $13,510,000 |
| HSBC Bank USA, N.A. | 13-5246700 | $72,143,158 |
| NatWest Markets Securities Inc. | 06-1011071 | $55,667,083 |
| Lloyds Bank Corporate Markets plc | 83-1430440 | $31,679,801 |
| Banco Santander S.A. | 23-2453088 | $26,306,766 |
| Barclays Capital Inc. | 13-3914519 | $18,596,522 |
| BMO Bank Ν.Α. | 36-0797100 | $4,497,362 |
| ANZ Banking Group Ltd (NY Branch) | 13-2623463 | $4,313,424 |
| Fannie Mae (Aggregate) | 52-0883107 | $3,710,225 |
| FHLB Des Moines (Aggregate) | 42-6000149 | $30,156,780 |
| Pershing LLC (BNY Mellon Aggregate) | 13-2741729 | $12,961,082 |
| Community Federal Savings Bank | 20-0020138 | $10,400 |
While these figures represent confirmed 2025 deposits, they are significantly lower than the “intended” recoupment targets identified in Management Information System (MIS) records, necessitating specialized fiduciary commands to bridge the shortfall via alternate tax modules.
Institutional Obfuscation and Payer Identification Protocols
Identifying the correct Payer EIN is critical for satisfying the IRS matching algorithm, as systemic institutions often obfuscate 945 withholding by filing through specific subsidiaries. Forensic research into these structures confirms the following priority identifiers for current 2026 filings:
- Pershing LLC (EΙΝ: 13-2741729): The actual 945 payer for the Bank of New York Mellon (BNY) brokerage and carrying-clearing stream.
- J.P. Morgan Broker-Dealer Holdings Inc. (EIN: 13-4110995): The designated payer name for Form 1099 and Form 945 filings associated with JPMorgan Chase (JPM).
- Community Federal Savings Bank (LEI: 549300XVCHXNN8R67U29): The US banking partner for Wise; utilizing its Legal Entity Identifier points the algorithm to the corporate entity responsible for withholding when a CUSIP is unavailable.
Beyond the LEI strategy, forensic options for Box 7 (Description) completion on Form 1099-OID include internal “99-series” reserved identifiers (990-999) assigned for signature credit reconciliation, or the “VARIOUS” designation allowed for aggregate trust claims against a single Payer EIΝ.
| Identifier Type | Technical Format | Operational Utility in Algorithm 810 |
|---|---|---|
| CUSIP | 9-character alphanumeric | Links securitized debt pools to the Payer’s 945 module |
| Banking LEI | 20-character alphanumeric | Fallback for non-securitized nominees like CFSB |
| Payer EIN | 9-digit numeric | Identifies specific subsidiary responsible for 945 withholding |
| 26 Number | 26-digit string | Forensic marker for Master File verification and “perfected” adjustments |
Deep Research Verification: 2026 Institutional Mapping Table
The following table serves as the definitively verified reference for institutional ownership, parentage, CUSIP identifiers, and Payer EINs as of May 6, 2026. This data has been synchronized with the latest SEC EDGAR filings and “Master Spreadsheet” forensic records.
| Name Bank (Sub-entity) | Bank Owner (Parent Company) | Ultimate Reporting Entity (Payer) | EIN | 945 Payer CUSIP |
|---|---|---|---|---|
| MIDFLORIDA | MIDFLORIDA Credit Union | MIDFLORIDA Credit Union | 59-6194363 | N/A (Mutual) |
| ABN Amro | ABN AMRO Bank N.V. | ABN AMRO Bank N.V. (US Branch) | 13-3932822 | 000800105 |
| Discover Bank | Discover Financial Services | Discover Financial Services | 51-0020270 | 254709108 |
| Macquarie | Macquarie Group Limited | Macquarie Bank Limited (US) | 98-0163788 | 55607P204 |
| Flagstar / NYCB | Flagstar Financial, Inc. | Flagstar Bank N.A. | 11-1212640 | 649445400 |
| One Finance Inc | Walmart / Ribbit Capital | Walmart Inc. | 71-0415188 | 931142103 |
| Kiwi Bank | NZ Government | Kiwibank Limited | International | State-Owned |
| Nicolet Nat. Bank | Nicolet Bankshares, Inc. | Nicolet Bankshares, Inc. | 39-1928421 | 65406E102 |
| Banque Manuvie | Manulife Financial Corp | Manulife Financial Corp (US Rep) | 01-0233346 | 56501R106 |
| Midwest One | Nicolet Bankshares, Inc. | Nicolet Bankshares, Inc. | 42-1237295 | 598305101 |
| Knab | BAWAG Group AG | BAWAG Group AG (US Rep) | International | 07178A108 |
| Alerus Bank | Alerus Financial Corp | Alerus Financial Corporation | 45-0210640 | 01453M103 |
| Alliance Bank | Western Alliance Bancorp | Western Alliance Bancorporation | 20-1177241 | 957630107 |
| Crossfirst Bank | Busey First Corporation | Busey First Corporation | 26-1236737 | 227566100 |
| Com Direct | Commerzbank AG | Commerzbank AG (US Branch) | 13-2682661 | 202597605 |
This 2026 data reflects the completion of major reorganizations, such as the Nicolet/MidWestOne merger (completed Feb 13, 2026) and the successful rebranding of NYCB to Flagstar Financial, Inc., with all fiduciary reporting consolidated under the survival CUSIP 649445400.
Overcoming Systemic Deficits with Revenue Procedure 2002-26
Because investment banks deliberately underfund their Form 945 modules in Favor of corporate ledgers (Form 1120), standard claims often encounter the TC 810 Refund Freeze. Forensic data analysis reveals staggering deficits in recognized 945 credits compared to billionaire-level Form 1120 capacities. To overcome this, authorized fiduciaries execute manual cross-modular transfers under the authority of Revenue Procedure 2002-26.
| Module Type | Audit Source | Purpose of Transfer | Transfer Trigger |
|---|---|---|---|
| Form 1120 (CIT) | Manual Forensic Audit (4506-T) | Move overpayment credits to 945 module | 945 balance < Recoupment amount |
| Form 941 (Payroll) | PPS Wage & Income Transcript | Re-allocate miscategorized backup withholding | Nonpayroll items filed on 941 |
| General Ledger | Record of Account | Clear TC 810 freezes by aligning Payer/Recipient data | Mismatch in Master File records |
The fiduciary issues a Form 4506-T command directing the IRS to extract surpluses from the Payer’s alternate modules (primarily Form 1120) and re-allocate them into the Form 945 module. This funds the matching algorithm, clears the TC 810 freeze, and allows the Treasury to disburse funds as “IRS TREAS 310”.
Works Cited
- PAYOR 945 TAX MODULES AND THE NEED FOR CROSS MODULAR TRANSFERS.pdf
- Report of Organizational Actions Affecting Basis of Securities, accessed on May 6, 2026.
- EDGAR Entity Landing Page SEC.gov, accessed on May 6, 2026.
- ABN AMRO BANK N.V. J.P. Morgan’s adr.com | The premier site for the global investor, accessed on May 6, 2026.
- Document SEC.gov, accessed on May 6, 2026.
- Company Trading Volumes – Citi’s Depositary Receipt Services, accessed on May 6, 2026.
- NEW YORK COMMUNITY BANCORP, INC. ANNOUNCES EFFECTIVENESS OF ONE-FOR-THREE REVERSE STOCK SPLIT Flagstar Bank, N.A., accessed on May 6, 2026.
- Investor FAQs Nicolet Bankshares, Inc. Resources, accessed on May 6, 2026.
- Equity Corporate Actions Alert #2026-83 (UPDATED: Merger closed) Information Regarding the Merger of MidWestOne Financial Group, Inc. (MOFG) – Nasdaq Trader, accessed on May 6, 2026.
- BAWAG Group AG J.P. Morgan’s adr.com | The premier site for the global investor, accessed on May 6, 2026.
- a.s.r. completes sale of Knab and announces extra share buyback, accessed on May 6, 2026.
- SEC Filings Alerus Financial Investor Relations, accessed on May 6, 2026.
- EDGAR Filing Documents for 0001437749-25-038838 – SEC.gov, accessed on May 6, 2026.
- western alliance bancorporation – Institution Profile – National Information Center, accessed on May 6, 2026.
- Western Alliance Bancorporation – Filings and Transcripts – BamSEC, accessed on May 6, 2026.
- CrossFirst Bank’s results of operations were included in Busey’s consolidated results of operations beginning March 1, 2025… SEC.gov, accessed on May 6, 2026.
- Company Dividends / GDN Interest Payments – Depositary Receipt Services, accessed on May 6, 2026.
- Company DSF Notices Citi DR, accessed on May 6, 2026.
- Flagstar Bank Wikipedia, accessed on May 6, 2026.
- NEW YORK COMMUNITY BANCORP, INC. CHANGES NAME TO FLAGSTAR FINANCIAL, INC. AND STOCK SYMBOL TO FLG, accessed on May 6, 2026.
- Rev Proc 2002-26 Bradford Tax Institute, accessed on May 6, 2026.