Form 941 is an IRS form used to report quarterly income tax withholding and federal income tax withheld on behalf of employees. The Form 941 Online Fillable Form is used to report the payments for the designated payroll period.
This form is used to report income tax withholding and social security and Medicare taxes from employees of an employer's business. It is used to report quarterly payroll taxes for businesses of any size. The form can be filed electronically if the employer has a system of the Employee Identification Number (EIN) and the nine-digit Taxpayer Identification Number (TIN) for each employee. The form is due on the last day of February, May, August, and November.