Form 941 Instructions & FICA Tax Rate [+ Mailing Address]
Worksheet 2 941X. You will use worksheet 2 to make changes to the refundable portion of the employee tax credit that apply to qualified wages paid after march 12, 2020, and before july 1, 2021. Adjusted credit for qualified sick and family leave wages for leave taken after march 31, 2020, and before april 1, 2021.
Form 941 Instructions & FICA Tax Rate [+ Mailing Address]
Use worksheet 1 for 941 3. Subtract line 1g from line 1f. Instead of worksheet 1, worksheet 2 needs to be generated and completed to flow the ertc credits to the 941. This amount is originally found on form 941, like 13d. Note the type of return and filing period 3. List qualified healthcare expenses 9. Adjusted credit for qualified sick and family leave wages for leave taken after march 31, 2021. The nonrefundable portion of the erc (as calculated on worksheet 1) is the amount that applies against the employer’s 6.2% share of social security tax. You will use worksheet 2 to make changes to the refundable portion of the employee tax credit that apply to qualified wages paid after march 12, 2020, and before july 1, 2021. File irs form 941 8.
Adjusted employee retention credit for wages paid after june 30, 2021, and before january 1, 2022. Note the amount of the employee retention tax credit 7. Adjusted credit for qualified sick and family leave wages for leave taken after march 31, 2020, and before april 1, 2021. If it is your first time claiming the employee retention tax credit on form 941x, you will need worksheet 2 for credit configuration. Enter the numbers into part 3 6. Find the right form 2. Determine which payroll quarters in 2020 and 2021 your business qualifies for. This is reported on the revised form 941 worksheet 1. File irs form 941 8. Find lines 11c and 13d on form 941 7. Adjusted employee retention credit for wages paid after march 12, 2020, and before july 1, 2021.
