Get IRS 941-PR 2018

More In Forms and Instructions Employers in Puerto Rico use this form to: Report income taxes, social security tax, or Medicare tax withheld from employee's paychecks. Pay the Employer's portion of social security or Medicare tax.

If you operate a business and have employees working for you, then you likely need to file IRS Form 941, Employer's Quarterly Federal Tax Return, four times per year. As an employer, you are responsible for withholding federal income tax and other payroll taxes from each employee's paycheck and remitting it to the IRS.

Form 941. ... This form is also known as the Employer's Quarterly Tax Form and is used by employers to report the federal withholdings from most types of employees. It notifies the IRS of a number of important figures, like the employment taxes taken from employee pay and the amount owed to the IRS.

Federal income tax you withheld. Both the employer and the employee share of social security and Medicare taxes. ... After you file your first Form 941, you must file a return for each quarter, even if you have no taxes to report, unless you filed a final return or one of the exceptions listed next applies.

By April 30, July 31, October 31, and January 31 (for the fourth quarter of the previous calendar year) File Form 941, Employer's QUARTERLY Federal Tax Return. If you timely deposited all taxes when due, you have 10 additional calendar days to file the return.

For each month or partial month you are late filing Form 941, the IRS imposes a 5 percent penalty, with a maximum penalty of 25 percent. This penalty is a percentage of the unpaid tax due with the return. ... The IRS might waive late filing penalties if you have reasonable cause for filing late.

Paid preparers. If you use a paid preparer to complete Form 941, the paid preparer must complete and sign the paid preparer's section of the form.

Paid preparer refers to someone else who prepared your return and received payment from you for the tax preparation.

The law REQUIRES paid tax preparers to sign your tax return by first and last name. No exceptions. Always verify they signed the "TAX PREPARER SIGNATURE" line on your state and federal tax returns.

Form 941, which is the Employer's Quarterly Federal Tax Return, can be filed electronically to the IRS. However, the form cannot be e-filed by your business. The IRS requires that all businesses electronically file form 941 through an approved intermediary.

Wages you've paid. Tips your employees reported to you. Federal income tax you withheld. ... After you file your first Form 941, you must file a return for each quarter, even if you have no taxes to report, unless you filed a final return or one of the exceptions listed next applies.

Modernized e-file (MeF) for Employment Taxes offers a secure and accurate way to file the following forms electronically: Form 940, Employer's Annual Federal Unemployment Tax Return. Form 940 (PR), Employer's Annual Federal Unemployment Tax Return. Form 941, Employer's Quarterly Federal Tax Return.

Form 941, which is the Employer's Quarterly Federal Tax Return, can be filed electronically to the IRS. However, the form cannot be e-filed by your business. The IRS requires that all businesses electronically file form 941 through an approved intermediary.

Find Employees, then Payroll Tax Forms & W-2s, then Process Payroll Forms. In the Payroll Center, select File Forms tab. Select the form you need to file from the list. Select File Form. Select the form filing period and click OK.

To change the filing method of your Federal Forms to e-file: You may now e-file forms 940, 941, and 944 in QuickBooks Desktop using your existing 10-digit PIN. In QuickBooks Desktop, go to Employees > Payroll Center. ... Check if the filing method of your Federal Form 940, 941 and 944 is already E-File and click Continue.