Form 941 is a quarterly tax form that employers must file with the Internal Revenue Service (IRS). It is used to report the amount of wages paid to employees, the amount of federal income tax withheld, and the amount of Social Security and Medicare taxes paid.
The due dates for filing Form 941 are:
- Quarter 1: January 31
- Quarter 2: April 30
- Quarter 3: July 31
- Quarter 4: October 31
Employers who are required to file Form 941 can do so online, by mail, or by fax. The IRS website has a step-by-step guide on how to file Form 941 online.
To file Form 941 by mail, you can download the form from the IRS website or request a copy by calling the IRS at 1-800-829-1040. You will also need to enclose a payment for the taxes that you owe.
To file Form 941 by fax, you can download the form from the IRS website and fax it to 1-855-243-2642. You will also need to enclose a payment for the taxes that you owe.
If you are new to filing Form 941, you may want to consult with a tax professional. They can help you ensure that you are filing the form correctly and that you are paying the correct amount of taxes.
Here are some additional things to keep in mind about Form 941:
- If you have employees who work in multiple states, you may need to file Form 941 with each state where your employees work.
- If you are a new employer, you may be eligible to file Form 944 instead of Form 941. Form 944 is an annual tax form that is used to report the same information as Form 941, but it is only required to be filed once a year.
- If you have questions about Form 941, you can contact the IRS at 1-800-829-1040.
I hope this article has been helpful. If you have any further questions about Form 941, please do not hesitate to ask.