With payment, the address is Internal Revenue Service, P.O. Box 804522, Cincinnati, OH, 45820-4522.All other states mail Form 941 without a payment to Department of the Treasury, Internal Revenue Service, Ogden, UT, 84201-0005. With payment, the address is Internal Revenue Service, P.O. Box 37941, Hartford, CT, 06176-7941.What does Form 941 mean?
Term Definition. Form 941 is a payroll form reporting the total federal taxes that employers have withheld from employee compensation during the quarter. Extended Definition. Employers are required to withhold federal taxes, Medicare tax, and Social Security tax from employees’ compensation and remit the same to the IRS.When is 941 due Q2?
What’s due: Quarterly Federal Tax Form 941 for the second quarter ending June 30, 2021. You’ll report withholding amounts for federal income taxes and FICA from employee paychecks as well as your payments for those items for the previous quarter. What you’ll need: Form 941What is a Schedule B 941?
A Schedule B Form 941 is used by the Internal Revenue Service for tax filing and reporting purposes. This form must be completed by a semiweekly schedule depositor who reported more than $50,000 in employment taxes or acquired more than $100,000 in liabilities in a single day in the tax year.