Tax Sights / IRS Form / Form 941

IRS Form 941 & Instructions

Click to Preview

Tips For Using Form 941

1. Filing Form 941Employers must file Form 941 quarterly to report payroll taxes, including income taxes and Social Security and Medicare taxes withheld from employees' paychecks.
2. Reviewing InformationEnsure all employee wages, tips, and other compensation are accurately reported. Verify that tax deposits match the reported amounts.
3. Submission DeadlineSubmit Form 941 by the last day of the month following the end of the quarter to avoid penalties.