What is an IRS 941 form?

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IRS, 941 and You! From IRS.gov General Instructions: Understanding Form 941 Purpose of Form 941 These instructions give you some background information about Form 941, Employer's QUARTERLY Federal Tax Return. They tell you who must file the form, how to fill it out line by line, and when and where to file it. If you want more in-depth information about payroll tax topics relating to Form 941, see Pub. 15 (Circular E), Employer's Tax Guide, or visit the IRS website at www.irs.gov and type 'Employment Tax' in the Search box. Federal law requires you, as an employer, to withhold taxes from your employees' paychecks. Each time you pay wages, you must withhold - or take out of your employees' paychecks - certain amounts for federal income tax, social security tax, and Medicare tax. Under the withholding system, taxes withheld from your employees are credited to your employees in payment of their tax liabilities. Federal law also requires employers to pay any liability for the employer's portion of social security and Medicare taxes. This portion of social security and Medicare taxes is not withheld from employees. Use Form 941 to report: payroll taxes (withheld federal income tax and both employee and employer shares of social security and Medicare taxes) for the quarter; current quarter's adjustments to social security and Medicare taxes for fractions of cents, sick pay, tips, and group-term life insurance; and prior quarters' adjustments to payroll taxes (attach Form 941c). Do not use the Form 941 to report backup withholding or income tax withholding on nonpayroll payments such as pensions, annuities, and gambling winnings. Report these types of withholding on Form 945, Annual Return of Withheld Federal Income Tax.
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How do you fill out IRS form 941?

I just starting working for a trucking company and i have no idea on how to do a 941 form. I came to find out that the company hasn't filed a 941 form since first quarter in 2

Where should you mail IRS Form 941?

Where you mail the completed IRS for 941 form depends on what state you live in, whether you are including a payment, and other factors. . For details of where you should se

Do you include GTL on IRS form 941?

Group-Term Life Insurance ( GTL ) yes. Go to the IRS.gov web site and use the search box for 941 instructions http://www.irs.gov/instructions/i941/index.html

When is IRS form 941 due?

This is a quarterly report that is due by the end of the monthfollowing each calendar quarter. This would make the due datesApril 30th, July 31st, October 31st, and January 31
In Tax Forms

Who has to file IRS 941 form?

The 941 form is a payroll form filed by employers to pay thecollected Federal Income Taxes withheld, the employee and employershare of social security, and the employee and em
In Taxes and Tax Preparation

When do you have to file IRS 941 form?

File your initial Form 941 for the quarter in which you first paid wages that are subject to social security and Medicare taxes or subject to federal income tax withholding.
In Income Taxes

What is mailing address for IRS form 941 if you live in Vermont?

Where you file depends on whether you include a payment with Form 941. Go to the IRS gov website use the search box for the FORM 941 go to page 4 of the instruction book. If
In Tax Forms

Is the IRS still mailing form 941?

Our company has not received a mailed 941 quarterly for at least two quarters now. We do not recall seeing any notification that it was no longer being sent.