E-File 2020 Form 941-SS
- No Annual Subscription
- No Deadline Pricing
- No Hidden Charges
Form 941-SS Key Features
Schedule B (Form 941)
TaxBandits helps to report Form Schedule B tax liability and semiweekly deposit schedule and transmit it directly to the IRS.
94x Online Signature PIN
The IRS requires you to sign your form with an Online Signature PIN when filing your Form 941-SS. Simply apply a FREE Online Signature PIN with TaxBandits.
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.
Prior-Year Tax Filing
TaxBandits support Form 941-SS filing for both the current and previous tax periods. You can file for both tax periods without any additional pricing.
Success Starts with TaxBandits
The Smart Business Owners Choice
Excellent Step by Step process and easy to go back and make edits....- Luis Collazo
Very easy navigation going forward and backwards. I usually have trouble online with confusing instructions. Yours is very easy.- Jay Polonsky
Easy and reasonably priced. Great customer service!- Allen Cohen
I’m quite impressed, especially in comparison with other sites from the IRS list I reviewed as well. Well done. Thank you.- Igor Mandryka
Very easy to find my way around, most help features are very good, customer service response has been exceptional for the price point.- Jerry Morris
Work flow makes sense, navigation is easy, customer service is excellent with prompt call backs and thoughtful support.- Michael Morris
What Information is Required to File Form 941-SS Online?
- 1. Employer Details: Name, EIN, and Address
2. Employment Details:
- i. Employee Count
- ii. Medicare Tax and Social Security
- iii. Deposit Made to the IRS
- iv. Tax Liability (Monthly/Semiweekly)
- v. Signing Authority Information
- vi. Online Signature PIN or Form 8453-EMP
Start e-filing your Form 941-SS with TaxBandits and Get Instant Approval from the IRS.
How to E-File Form 941-SS Online for 2020 Tax Year with TaxBandits?
Are you ready to file your Form 941-SS? Get Started with TaxBandits & Get Instant approval from the IRS.
Start E-Filing Now!
Frequently Asked Questions
What is IRS Form 941-SS?
Form 941-SS is the US Territories Employer’s Quarterly Federal Tax Return filed by wage-paying employers in American Samoa, Guam, the Commonwealth of the Northern Mariana Islands, and the US Virgin Islands. If you own and operate a business with employees in US territories, you will need to file IRS Form 941-SS quarterly. Employers are responsible for withholding federal income tax, social security tax, and Medicare tax from each employee’s salary.
When is Form 941-SS due?
Form 941-SS is generally due by the last day of the month following the end of the quarter. You’re required to file Form 941-SS for each quarter.
- 1. First quarter (JAN, FEB, MAR) is due on April 30, 2020
- 2. Second quarter (APR, MAY, JUN) on July 31, 2020
- 3. Third quarter (JUL, AUG, SEP) on November 02, 2020
- 4. Fourth quarter (OCT, NOV, DEC) on January 31, 2021
What are the penalties for not filing Form 941-SS on time?
Failure to file form 941-SS 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 you 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. To learn more about Form 941-SS penalties for not filing & not paying the taxes.
How to Sign Form 941-SS when filing electronically?
The IRS requires an e-signature to complete Form 941-SS to ensure that the person filing has the proper authorized by the company or business. If you don’t possess 94x Online Signature PIN, you will need to complete and e-sign Form 8453-EMP.
TaxBandits supports e-signing of Form 8453-EMP where you can e-sign instantly when you are filing your Form 941-SS online. Apply for an online signature PIN for free today. Apply Now
What are the changes in 2020 Form 941 SS for COVID19?
IRS released a new Form 941 SS, US Territories Employer’s Quarterly Federal Tax Return for 2020, as well as updated instructions to reflect the effects of COVID-19.
The updated new form 941 SS addresses the economic impacts of COVID-19 by allowing qualifying employers to defer deposits on their payroll taxes, apply for Payment Protection Program (PPP) loans, obtain employment tax credits, and claim payments towards advance credits.
Employers will be required to use the new 2020 Form 941 SS when they submit their second-quarter filing to the IRS. The second-quarter Form 941 deadline is July 31, 2020.
Click here learn more about updated 2020 Form 941 SS for COVID19 changes
Helpful Resource for Form 941
Form 941 3rd Quarter changes
IRS released a new Form 941 for the third quarter of 2020 to report deferrals of the employee portion of the Social Security tax.
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 Mailing Address
Where to mail form 941 without payment or with payment?. Find and Get your state wise address from this resource article.
Form 941 Schedule B
If you are a semiweekly depositor, you must attach Schedule B (Form 941), showing the tax liability for each semiweekly deposit.