How to Fill out IRS Form 941: Simple Step-by-Step Instructions

Our video covers:

Form 941 Due Dates (1:01)

Part 1: Wage and Withholding Information for the Quarter (1:37)

Part 2: Deposit Schedule and Tax Liability (10:59)

Part 3: Business Information (12:44)

Part 4: Third-Party Designee (13:06)

Part 5: Signature and Title (13:39)

In this video, we provide a basic overview on filling out IRS Form 941. This video is not intended to provide legal advice or to form a professional relationship. We suggest contacting a business lawyer for advice specific to your circumstances.

[tiffanyhine]

I just want to thank who ever made this video! I have been struggling with this form for a few day as a newbe filling it out and could never get it to total up correct. This helped me step-by-step, so I could see what I was originally doing wrong. Thank you so much!

[sharonbacis]

Excellent and well-explained info. I was able to fill out my 941 all on my own with video as I could not get a hold of my CPA. I needed it to get my PPP loan. Priyanka is very articulate and confident.

[sequoiapahvitse]

So did you just make line 7 up as an example?... That is the one I needed help with.

[roslynwilliams]

Your videos on the form 940 and 941 was so helpful! Thank you!

[frankbazan]

Thank you! Very well done explanation.

[MAGINATIONSTUDIO_]

If your company is yet to lunch, making $0 and only have one 1 employee. Are those numbers going to be $0 or leave them blank? Do I even still have to report those quarters?

[yasminabdulghani]

What about if the employee doesn’t get w2 just 1099 do the employer need to add them?

[WHITELIONNYC]

I watched so many different videos on this and this is the only one that: kept it simple, got to the point, and concise. Thanks you have a new subscriber!
😇😇😇😇😇😇😇😇😇😇😇😇

[PsychClinicianLatashaCar-eiwz]

😄This was very convenient and helpful. thank you so much. We will be back for more videos!

[boazhospitality]

What if you are a sole proprietor with no employees? Is this the form you fill out?

[dagsterblaster]

This was super helpful! Today was dedicated to figuring this out, was really dreading the work. You made it easy to follow along and simplified it from the jargon.

[liliyllamas]

Would you be able to produce a video on filing Form 943-X for the TY 2020 & 2021?

[ricardohernandez]

Great video, thank you! Question. If I operate my corporation seasonally. I'm still required to report form 941 with zero wages each quarter and once I have income and pay myself a salary, then report those wages in the quarter the money is earned. Is this correct?

[joannthomases]

Are these forms on the Fed. Regisyry under 13132 ? Yes or No ?

[jriver]

thank you for the information. what happens if I didn't file mine for 2019?

[TheSeanandanj]

The amount of your payment on the payment voucher...what is that referring to. The balance due amount on line 14?

[jessedmanuell]

thank How is the IRS notified after filing the 941 to which employee corresponds these deductions, is it on the 1120 return at the end of the year?

[ElaineSablan-bq]

Form 941 has changed a little since 2019 to now 2023 but, still the video was very helpful and easy to follow. Please do an updated video. Thank you :)

[naveedyounasmayo]

your video is very helpful can you provide me any link for 941x

[midsaahir]

hello i have client that did not do her quarterly taxes, she did everything at the end of the year. So my question is which box does she check, on the beginning of the 941 form