Get 2001 Form 941m. Employer's Monthly Federal Tax Return

Filling out the 2001 Form 941M is essential for employers to report monthly income tax withholding, social security, and Medicare taxes. This guide will provide clear, step-by-step instructions on how to complete this form accurately and efficiently online.

Follow the steps to complete the 2001 Form 941M online

1. Click 'Get Form' button to obtain the form and open it in the editing interface.
2. Enter the month and year for which you are filing the return in the designated field.
3. Fill in your name, address, ZIP code, and employer identification number in the appropriate fields.
4. For March only, input the number of employees, excluding household employees, from the pay period that includes March 12th.
5. Record the total wages and tips, plus any other compensation paid to employees during the month.
6. Enter the total income tax withheld from wages, tips, sick pay, and other compensations.
7. If adjustments to withheld income tax are needed from prior months, indicate these on the adjustment line.
8. Calculate and enter taxable social security wages, subject to a 12.4% tax rate.
9. Record taxable Medicare wages and tips subject to a 2.9% tax rate.
10. Complete the total taxes section by adding the previously calculated taxes.
11. If applicable, note any advance earned income credit payments made to employees.
12. Finally, compute net taxes by subtracting any advance payments from the total calculated taxes.
13. Complete the Record of Federal Tax Liability and Deposits section for tax liabilities and amounts deposited.
14. Sign and date the form, printing your name and title as required.
15. Once completed, save changes, and choose to download, print, or share the form.

Start filing your documents online to ensure timely compliance with tax requirements.