When must an Employer file a Form 941? Employers must file Form 941 to report the following amounts as follows;
1.Wages paid to employees
2.Tips your employees have received.
3.Federal income tax withheld by the Employers.
4.Both the employer’s and the employee’s share of social security taxes were withheld by the employer.
5.Current quarter’s adjustments to social security and Medicare taxes for fractions of cents, sick pay, tips, and group-term life insurance.
6.Advance earned income tax credit (EIC) payments paid to their employees.
7.Credit for COBRA premium assistance payments to their employees. |