 | IRS Form 941Report payroll taxes for the current or a prior quarter. |
| Download | |
IRS Form 941 Ranking & Summary
Advertisement
- License:
- Free
- Price:
- Free
- Publisher Name:
- By IRS
- Publisher web site:
- http://www.irs.gov/
- Operating Systems:
- Windows 2003, Windows Vista, Windows 98, Windows Me, Windows, Windows NT, Windows 2000, Windows 8, Windows 7, Windows XP
- Additional Requirements:
- None
- File Size:
- 334.06K
- Total Downloads:
- 1728
IRS Form 941 Tags
IRS Form 941 Description
Federal law requires you, as an employer, to withhold taxes from your employees' pay. Each time you pay wages, you must withhold or take out of your employees' pay certain amounts for federal income tax, social security tax, and Medicare tax. You must also withhold Additional Medicare Tax from wages you pay to an employee in excess of $200,000 in a calendar year. Under the withholding system, taxes withheld from your employees are credited to your employees in payment of their tax liabilities. Federal law also requires you 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.
IRS Form 941 Related Software