What are the four due dates for filing the form 941?

You’re required to file a separate Form 941 for each quarter (first quarter – January through March, second quarter – April through June, third quarter – July through September, fourth quarter – October through December). Form 941 is generally due by the last day of the month following the end of the quarter.

How do I check my 941 schedule?

IRS Form 941 Deposit Schedules

  1. If payday is on Wednesday, Thursday, or Friday, deposits are due the following Wednesday.
  2. If payday is on Saturday, Sunday, Monday, or Tuesday, deposits are due the following Friday.

Has the due date for form 941 been extended?

For the second quarter (Apr, May, and Jun) Form 941 is due by August 01, 2022.

What is a 941 Schedule B used for?

The IRS uses Schedule B to determine if you’ve deposited your federal employment tax liabilities on time. If you’re a semiweekly schedule depositor and you don’t properly complete and file your Schedule B with Form 941, the IRS may propose an “averaged” FTD penalty.

What are the due dates for quarterly payroll taxes?

Reporting Dates Report your total taxes deposited for the quarter, using Form 941, by April 30, July 31, October 31 and January 31. Report your total taxes deposited for the quarter, using Form 941 and Form 941 Schedule B, by April 30, July 31, October 31 and January 31.

How do I file a late 941?

To deposit payroll taxes late, use the IRS Electronic Federal Tax Payment System, of EFTPS. If you do not have an account, you must create one by providing your business information; employer identification number, or EIN; and bank account and routing numbers.

Where can I find form 941?

Go to www.irs.gov/Form941 for instructions and the latest information. Read the separate instructions before you complete Form 941. Type or print within the boxes.

Is there a new 941 form for 2022?

Form 941, which has a revision date of March 2022, must be used only for the first quarter of 2022 as the other quarters are grayed out. The last time Form 941 was updated was in June 2021 for use in the second, third, and fourth quarters of 2021.

What is reported on schedule B?

Schedule B reports the interest and dividend income you receive during the tax year. However, you don’t need to attach a Schedule B every year you earn interest or dividends. It is only required when the total exceeds certain thresholds.

What is schedule B payroll?

The IRS Form 941 Schedule B is a tax form for the reporting of tax liability for semi-weekly pay schedules. The employer is required to withhold federal income tax and payroll taxes from the employee’s paychecks. The 941 form reports the total amount of tax withheld during each quarter. Notes.

How often do I have to make 941 deposits?

For taxes reported on Forms 941, 943, 944, or 945, there are two deposit schedules: monthly and semi-weekly. Before the beginning of each calendar year, you must determine which of the two deposit schedules you are required to use.