Draft of Revised Form 941 Released by IRS Includes FFCRA and CARES
2020 Form 941 Instructions. The july 2020 revision of form 941 will be used to report employment taxes beginning with the third quarter of 2020. Employer s quarterly federal tax return keywords:
Employers who withhold income taxes, social security tax, or medicare tax from employee's paychecks or who must pay the employer's portion of social security or medicare tax. Web instructions for form 941 (rev. 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. Form 941 has been revised to allow employers that defer the withholding and payment of the employee share of social security tax on wages paid on April 2020) employer's quarterly federal tax return department of the treasury internal revenue service section references are to the internal revenue code unless otherwise noted. Web instructions for form 941(rev. Who must file form 941? Web form 941 employer's quarterly federal tax return. The july 2020 revision of form 941 will be used to report employment taxes beginning with the third quarter of 2020. Instructions for form 940 (2020) pdf.
Part 2:tell us about your deposit schedule and tax. Instructions for form 940 (2020) pdf. Web form 940 (2020) employer's annual federal unemployment (futa) tax return. What about penalties and interest? Who must file form 941? How should you complete form 941? 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. Part 2:tell us about your deposit schedule and tax. Form 941 is used by employers who withhold income taxes from wages or who must pay social security or medicare tax. Web instructions for form 941 (rev. The july 2020 revision of form 941 will be used to report employment taxes beginning with the third quarter of 2020.
