Form 941-X Worksheet 2. Use worksheet 1 for 941 3. Part 2 questions 4 and 5 are very specific to multiple circumstances that commonly arise.
941x Worksheet 1 Excel
We tried this (since this is what i had to do during 1st qtr) but it wasn't allowing any overrides during 2nd qtr. The irs has updated the first step of worksheet 1 and reintroduced worksheet 2. The irs will revise forms 941 and Refunded the employee share of tax, secured statements from your employees, or you are only requesting a refund of the employer paid portion of tax. File irs form 941 8. Find the right form 2. For a description of changes made under the arp, see the june 2021 revision of. The nonrefundable portion of the erc (as calculated on worksheet 1) is the amount that applies against the employer’s 6.2% share of social security tax. Credit for qualified sick and family leave wages paid this quarter of 2023 for leave taken after march 31, 2021, and before october 1, 2021.23 future developments for the latest information about developments related to form 941 and its instructions, such as legislation enacted These changes are based on form 8974 changes for the first quarter of 2023.
Use the march 2021 revision of form 941 only to report taxes for the quarter ending march 31, 2021. Start completing the fillable fields and carefully type in required information. You must use this worksheet if you claimed the employee retention credit for qualified wages paid after march 12, 2020, and before july 1, 2021, on your original. I will try it again, but in the mean time, i'll be putting the correct #'s on a manual 941 and being ready to mail instead of electronically filing in qb. These changes are based on form 8974 changes for the first quarter of 2023. We tried this (since this is what i had to do during 1st qtr) but it wasn't allowing any overrides during 2nd qtr. Use worksheet 1 for 941 3. What are the new changes in form 941 worksheets for 2023? The nonrefundable portion of the erc (as calculated on worksheet 1) is the amount that applies against the employer’s 6.2% share of social security tax. The june 2021 revision of form 941 should be used for the second, third, and fourth quarters of 2021. File irs form 941 8.
