Form 941 2020

Don t use Form 941-V to make federal tax deposits. Use Form 941-V when making any payment with Form 941. Don t send cash. Don t staple Form 941-V or your payment to Form 941 or to each other. Detach Form 941-V and send it with your payment and Form 941 to the address in the Instructions for Note You must also complete the entity information above Part 1 on Form 941. Complete Schedule B Form 941 Report of Tax Liability for Semiweekly Schedule Depositors and attach it to Form 941. NW IR-6526 Washington DC 20224. Don t send Form 941 to this address. Instead see Where Should You File in the Instructions for Form 941. See Deposit Penalties in section 11 of Pub. 15. Detach Here and Mail With Your Payment and Form 941. 941-V Internal Revenue Service Don t staple this voucher or your payment to Form 941. Enter your employer identification number EIN. Cat. No. 17001Z Form 941 Rev. 1-2018 Part 2 Tell us about your deposit schedule and tax liability for this quarter. However if you pay an amount with CAUTION Form 941 that should ve been deposited you may be subject to a penalty. Type or print within the boxes. Part 1 Answer these questions for this quarter. Number of employees who received wages tips or other compensation for the pay period including Mar* 12 Quarter 1 June 12 Quarter 2 Sept. 12 Quarter 3 or Dec* 12 Quarter 4 Wages tips and other compensation. Federal income tax withheld from wages tips and other compensation. If no wages tips and other compensation are subject to social security or Medicare tax Column 1 5a Taxable social security wages. 5b 5c Taxable Medicare wages tips. 5d Taxable wages tips subject to Additional Medicare Tax withholding 5e Add Column 2 from lines 5a 5b 5c and 5d 5f Section 3121 q Notice and Demand Tax due on unreported tips see instructions Total taxes before adjustments. Add lines 3 5e and 5f. Current quarter s adjustment for fractions of cents. 0124 0. 029 0. 009 Check and go to line 6. Total taxes after adjustments. Combine lines 6 through 9 Qualified small business payroll tax credit for increasing research activities. For Privacy Act and Paperwork Reduction Act Notice see the back of the Payment Voucher. Send a refund. If you are unsure about whether you are a monthly schedule depositor or a semiweekly schedule depositor see section 11 of Pub. 15. Line 12 on this return is less than 2 500 or line 12 on the return for the prior quarter was less than 2 500 and you didn t incur a 100 000 next-day deposit obligation during the current quarter. Go to Part 3. You were a monthly schedule depositor for the entire quarter. Enter your tax liability for each month and total liability for the quarter then go to Part 3. Tax liability Month 1 Total must equal line 12. You were a semiweekly schedule depositor for any part of this quarter. 17 If your business has closed or you stopped paying wages. enter the final date you paid wages / Check here and 18 If you are a seasonal employer and you don t have to file a return for every quarter of the year Part 4 May we speak with your third-party designee Do you want to allow an employee a paid tax preparer or another person to discuss this return with the IRS See the instructions for details.