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File Form 941, Employer's Quarterly Federal Tax Return, if you paid wages subject to employment taxes with the IRS for each quarter by the last day of the month that follows the end of the quarter. If you timely deposited all taxes when due, then you have 10 additional calendar days to file the return.
If any due date for filing falls on a Saturday, Sunday, or legal holiday, you may file your return on the next business day.
In general, employers who withhold federal income tax, social security or Medicare taxes must file Form 941, Employer's Quarterly Federal Tax Return, each quarter. This includes withholding on sick pay and supplemental unemployment benefits.
Form 941 is filed quarterly with due dates of April 30, July 31, October 31, and January 31. If the 941 due date falls on a weekend or legal holiday, then the next business day will be the filing deadline for your return.
Key Takeaways. The main U.S. payroll taxes fund Medicare, Social Security, and unemployment programs. Employers pay these taxes via the Electronic Federal Tax Payment System (EFTPS) semiweekly, monthly, or quarterly. Employers must also file a Form 940, Form 941, or Form 944 tax return to verify the correct amounts are being withheld and remitted.
The due dates typically fall on the last day of the month following the end of the quarter, giving employers one month to prepare the form. If any due date for filing falls on a Saturday, Sunday, or legal holiday, returns may be filed on the next business day.
The deadline for filing your 941 is the last day of the month that follows the end of each quarter: April 30, July 31, October 31, and January 31. As a business owner, once you file a Form 941 the first time, you must file the form quarterly going forward, even if you have no taxes to report.
IRS Form 941 is the employer's quarterly payroll tax report, including due dates and reminders. Learn when and how to file it.
The typical quarterly due date for the form is 30 days following the end of each calendar quarter as follows: April 30, July 31, October 31, and January 31. However, if the due date falls on a weekend or a federal holiday, the due date is the next business day.
Information about Form 941, Employer's Quarterly Federal Tax Return, including recent updates, related forms, and instructions on how to file. Form 941 is used by employers who withhold income taxes from wages or who must pay social security or Medicare tax.