941s
Prepare and print Form 941.
Form 941 is a quarterly tax form, submitted to the IRS, that reports your employees' wages and their federal, social security, and medicare taxes withheld.
Once the form is prepared, edit the data to enter the amount of taxes paid as well as the type of depositor you are – monthly or semi-weekly. Semi-weekly depositors will also submit the Schedule B. A voucher is provided if you submit a payment with your 941 form.
The IRS matches the amounts from each Form 941 with Form W-2 amounts totaled on your yearly Form W-3.
Employee Retention Credit (ERC)
In order for your preferred accounting firm to review, amend, and file your information, you must provide wage totals per employee from the following dates:
- March 13 – March 31, 2020
- April 1 – June 30, 2020
- July 1 – September 30, 2020
- October 1 – December 31, 2020
- January 1 – March 31, 2021
- April 1 – June 30, 2021
- July 1 – September 30, 2021
Additionally, you must provide quarterly Form 941s for all four quarters of 2020 and the first three quarters of 2021.
This is for informational purposes only and should not be relied on as tax, legal, or accounting advice. Please consult with legal and tax professionals, and reference the official IRS website for more information.