How can I file irs form 941?

Forum|Forum|5 years ago
June 16, 2020
2 replies
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Where can I find form 941 to file

TurboTax Self Employed Online

Opus 17

Level 15

Form 941 is only filed if you are a business paying employees and withholding taxes from their paychecks. It must be filed at least quarterly and sometimes more often, depending on the size of your payroll. TurboTax does not prepare form 941. QuickBooks might, if you use QuickBooks for your business. Making mistakes on form 941 can result in substantial penalties for your business and personal liability for you depending on the kind of business it is. You may want to ask a professional accountant to help you set up your business accounting and explain the payroll forms and help you through the first few quarters, or maybe even outsource your payroll to a payroll company.

JRPHOTO

Level 2

Does TurboTax or TurboTax Business have the capability to walk me through filing my Form 941 quarterly?

Critter-3

Level 15

not so fast why should most taxpayers who do not need to file 941s pay the extra cost of the incorporation of such a form into an income tax program? in addition, you not only have 941's but 940, W-2's, W-3, and any related state forms.

but in a way you are correct. if you don't understand the app don't use it. there are probably Turbotax users who should really be using a pro.

The regular quickbooks online program is a bloody nightmare ... RUN FOR THE HILLS !!!

The SELF EMPLOYED version is a bit better however you can get lost fast.

The downloaded version is wonderful and will do everything you need and want HOWEVER you must know what you need and want so it is better for those who know bookkeeping or are at least willing to learn ... I use it myself for my bookkeeping clients.

april15Worrier

Level 3

This article seems to cover all the steps I do every QRT

Form 941 Employer’s Quarterly Federal Tax Return: Instructions & How to Fill Out
https://www.nerdwallet.com/article/small-business/irs-form-941-instructions