Success! Thank You for Downloading Form 941 Guide from TaxBandits! Please check your email now! × Your Form 1099-NEC Excel Template is on the way to your inbox…with filing instructions! × If you deposited all your payroll taxes on time, you have until May 12, 2025, to file Form 941 for Q1, 2025. E-file now! Fillable Form 941: Create, Print, and File 941 Forms Create Form 941 Now What should you choose? The IRS recommends E-filing for faster processing and instant updates. Spare a minute and watch this video to learn the benefits of E-Filing Watch Now Why Choose TaxBandits? Zero Reporting Feature If you don't have any taxes to report on Form 941, select the "no payments were made" option and file your form in half the time! Schedule B (Form 941) TaxBandits supports 941 Schedule B for reporting tax liability and semiweekly deposit schedules. It is built into the 941 e-filing process Form 8453-EMP If you don't have an Online Signature PIN, don't worry! You can always use Form 8453-EMP to e-sign your Form 941 through TaxBandits. Bulk Upload Use our bulk upload template to eliminate the time taken manually entering the 941 data. Exclusive Pro Features for Tax Professionals Client Management Client Management helps CPAs, Tax professionals, and business owners manage their clients more effectively. Specifically, it allows you to invite clients to a separate portal and communicate with them for any tax filing-related queries. Staff Management As an advanced system, staff management increases the accuracy of your workflow by ensuring that staff members have access to the information they need to perform their job responsibilities and that their roles are clear. Automated Reports Our reporting feature in TaxBandits simplifies tax compliance and financial reporting for businesses and organizations, enabling them to stay organized, accurate, and up-to-date. Records Stored As the IRS requires, all form copies are stored on our secure HIPAA-compliant server for 7 years. You can always log in to your TaxBandits account and download or print copies of the form anytime. Learn More E-File your Form 941 in just a Few Simple Steps 1 Choose Tax Year and Quarter 2 Enter Form 941 Details 3 Review your Form 941 4 Transmit your Form 941 to the IRS Choose the tax year and quarter for which you need to file your 941 return. TaxBandits supports filing for prior tax years. Enter all the necessary information such as Tax Liability, deposit schedule and others. Review the completed form and make changes if needed. After completing and reviewing the form, transmit the form to the IRS. Save your time and Simply your filing with TaxBandits Create 941 Now Success Starts with TaxBandits! The Smart Choice of every 941 Filers Excellent! Completing tax filings with TaxBandits is very easy, accurate, and fast. I’ve tried other tax filing services, and TaxBandits is by far the absolute best. Work flow makes sense, navigation is easy, customer service is excellent with prompt call backs and thoughtful support. Very easy to find my way around, most help features are very good, customer service response has been exceptional for the price point. Frequently Asked Questions on Printable Form 941 What is Form 941? IRS Form 941, Employer’s Quarterly Tax Return, is used to report employment taxes. Employers who own and operate a business with employees need to file IRS Form 941 quarterly and are responsible for withholding federal income tax, social security tax, and Medicare tax from each employee’s salary. This form is also used to calculate the employer's portion of Social Security and Medicare tax. Click here to learn more about Form 941. How to fill out Form 941? Form 941 requires the following information: Employer Details : Name, EIN, and Address Employer Details : Employee Count Employee Wages Taxes and Deposits Federal Income Taxes Medicare and Social Security Taxes Form 941 Worksheets Deposit Made to the IRS Tax Liability for the Quarter Signing Form 941 Signing Authority Information Online Signature PIN or Form 8453-EMP Learn More about the Form Form 941 Instructions. When is Form 941 Due? Form 941 is generally due by the last day of the month following the end of the quarter. You are required to file Form 941 for each quarter. Quarter Reporting Period Due Date Quarter 1 Jan, Feb, and Mar April 30, 2025 Quarter 2 Apr, May, and Jun July 31, 2025 Quarter 3 Jul, Aug, and Sep October 31, 2025 Quarter 4 Oct, Nov, and Dec January 31, 2026 File your return before the deadline to stay tax compliant File Now Visit https://www.taxbandits.com/form-941/form-941-due-date/ to learn more about Form 941 Deadlines. What are the penalties for late filing of Form 941? Failure to file form 941 by the deadline will result in a 5% penalty on the tax return for each month the return is late. This penalty caps at 25%. The IRS will also heavily penalize for late payment or not paying the full amount owed. You will be charged 2-15% of the unpaid tax determined by the number of days it remains unpaid. Click here to know more about 941 penalties. Free Guide for Tax Filers Download our FREE guide to learn more about Form 941. The guide includes: An Overview of Form 941 Changes in Form 941 for 2025 Due Dates, Filing Instructions for 2025, and more Get a Free Guide Helpful Resource for Form 941 What is Form 941 Employer’s Quarterly Federal Tax Return, businesses must report the income taxes and payroll taxes. Form 941 instructions TaxBandits has provided the complete guide that contains line by line instructions to file form 941. Read this resource article and get to know about each line of your Form 941. Form 941 Due Date Form 941 is generally due by the last day of the month following the end of the quarter. Here find out your quarter deadline. Form 941 Schedule B If you are a semiweekly schedule depositor, you must complete Schedule B (Form 941) so that the IRS is able to reconcile your business’ wages and withholdings and process your tax payments Form 941 Penalties IRS will impose penalty for not filing and late filing of Form 941. Based on how late you file, the penalty gets accumulated. Check out the penalty rates here. Recent Changes in Form 941 The IRS has released a draft Form 941, indicating changes to the Social Security wage base limit, and updates in the threshold for election, and household workers. Useful Videos to help Tax Filers Know what our Customers Feel about TaxBandits Seamless Payroll Reporting: TaxBandits Enabled the Leading Reporting Agent Firm meet their E-file mandate easily Streamlined Payroll Filing: A Leading CPA Firm Found a Hassle-Free to E-file Payroll Tax forms with TaxBandits Success Starts with TaxBandits The Smart Business Owners Choice Create a Free Account X X X X X How to - Guide for Filing Form 941 for 2023 Enter your details to get a free guide for filing Form 941 for 2023! Subscribe for Form 941 auto-reminders and helpful, tax-related updates. Download Now