See the instructions for line 11d for information about the credit for qualified sick and family leave wages for leave taken after March 31, 2021, and before October 1, 2021. Never make an entry on both lines 14 and 15. Your filing address may have changed from that used to file your employment tax return in prior years. For purposes of the credit for qualified sick and family leave wages, qualified family leave wages are wages for social security and Medicare tax purposes, determined without regard to the exclusions from the definition of employment under sections 3121(b)(1)(22), that an employer pays that otherwise meet the requirements of the Expanded FMLA, as enacted under the FFCRA and amended by the COVID-related Tax Relief Act of 2020. A son or daughter must generally have been under 18 years of age or incapable of self-care because of a mental or physical disability. 5d. If you have more than one and aren't sure which one to use, write to the IRS office where you file your returns (using the Without a payment address under Where Should You File, later) or call the IRS at 800-829-4933. 12/13/2022 12:17:37 PM . For more information or to apply to become a CPEO, go to IRS.gov/CPEO. Do not use this form to amend a previously filed Form CT941HHE. Monthly schedule depositors and semiweekly schedule depositors must account for nonrefundable credits claimed on lines 11a, 11b, and 11d when reporting their tax liabilities on line 16 or Schedule B (Form 941). Doing so enhances the accuracy of our scanning software. Form 941-SS, Employers QUARTERLY Federal Tax ReturnAmerican Samoa, Guam, the Commonwealth of the Northern Mariana Islands, and the U.S. Virgin Islands; and Form 941-PR, Planilla para la Declaracin Federal TRIMESTRAL del Patrono, will no longer be available after the fourth quarter of 2023. If, however, you've . endstream Once wages and tips exceed the $200,000 withholding threshold, include all tips your employees reported during the quarter, even if you were unable to withhold the employee tax of 0.9%. In completing line 16 or Schedule B (Form 941), you take into account the payroll tax credit against the liability for the employer share of social security tax starting with the first payroll payment of the quarter that includes payments of wages subject to social security tax to your employees until you use up to $250,000 of credit against the employer share of social security tax and you then take into account any remaining payroll tax credit against the liability for the employer share of Medicare tax starting with the first payroll payment of the quarter that includes payments of wages subject to Medicare tax to employees. Do whatever you want with a Instructions for Form 941 (Rev. 82, available at, Electronic Federal Tax Payment System (EFTPS), Instructions for Form 941 - Introductory Material, Requesting To File Forms 941 Instead of Form 944, or Requesting To File Form 944 Instead of Forms 941. The Inflation Reduction Act of 2022 (the IRA) increases the election amount to $500,000 for tax years beginning after December 31, 2022. . For more information and rules about federal tax deposits, see Depositing Your Taxes, earlier, and section 11 of Pub. Apprenticeship program contribution rate. The rate of social security tax on taxable wages, including qualified sick leave wages and qualified family leave wages paid in 2023 for leave taken after March 31, 2021, and before October 1, 2021, is 6.2% each for the employer and employee or 12.4% for both. Employers with fewer than 500 employees and certain governmental employers without regard to number of employees (except for the federal government and its agencies and instrumentalities unless described in section 501(c)(1)) are entitled to a credit if they provide paid sick leave to employees that otherwise meets the requirements of the EPSLA, as amended for purposes of the ARP, and/or provide paid family leave to employees that otherwise meets the requirements under the Expanded FMLA, as amended for purposes of the ARP, for leave taken after March 31, 2021, and before October 1, 2021. The rate of . For more information, see the line 16 instructions, later. Maple Co. paid qualified sick and family leave wages on January 6 and January 20 for leave taken after March 31, 2020, and before April 1, 2021. instructions and the latest information. for Form 941-X. If youre required to file Forms 941 but believe your employment taxes for calendar year 2023 will be $1,000 or less, you may request to file Form 944 instead of Forms 941 by calling the IRS at 800-829-4933 between January 1, 2023, and April 3, 2023, or sending a written request postmarked between January 1, 2023, and March 15, 2023. For leave taken after March 31, 2021, and before October 1, 2021, qualified wages also don't include wages that were used as payroll costs in connection with a Shuttered Venue Operator Grant under section 324 of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act; or a restaurant revitalization grant under section 5003 of the ARP. The refundable portion of the credit doesnt reduce the liability reported on line 16 or Schedule B (Form 941). Any credit for qualified sick and family leave wages paid this quarter of 2023 for leave taken after March 31, 2020, and before April 1, 2021, that is remaining at the end of the quarter because it exceeds the employer share of social security tax for the quarter is claimed on line 13c as a refundable credit. The amount from Form 6765, line 44, must then be reported on Form 8974, Qualified Small Business Payroll Tax Credit for Increasing Research Activities. Ovg,{}bF7w-tO\V?*+{pH$T0W]4B@c{X"GgSra$#c\_dydbd&.\:r+pE}qE-`f8Mus {2x_\kl?BFW"`;b=:ZRDiZgt)C:{IR%%+i. An official website of the United States Government. Instead, enter "-0-" for the month and carry over the unused portion of the adjustment to the next month. 2012-18. About IRS; Careers; Operations and Budget; Tax Statistics; Help; The portion of the credit used against payroll taxes is allowed in the first calendar quarter beginning after the date that the qualified small business filed its income tax return. Additional Medicare Tax is only imposed on the employee. File your initial Form 941 for the quarter in which you first paid wages that are subject to social security and Medicare taxes or subject to federal income tax withholding. This may result in penalties. %%EOF Starting in the first quarter of 2023, the payroll tax credit is first used to reduce the employer share of social security tax up to $250,000 per quarter and any remaining credit reduces the employer share of Medicare tax for the quarter. Aggregate Forms 941 are also filed by CPEOs approved by the IRS under section 7705. Application for Employer Identification Number (EIN) Use this form to apply for an employer identification number (EIN). Form 8974 is used to determine the amount of the credit that can be used in the current quarter. 15 for more information. Don't include allocated tips (described in section 6 of Pub. For more information, go to IRS.gov/PLC. To avoid a penalty, you must pay any amount due in full with a timely filed return or you must deposit any amount you owe by the due date of the return. The amount of qualified health plan expenses generally includes both the portion of the cost paid by the employer and the portion of the cost paid by the employee with pre-tax salary reduction contributions. Report only the wages you paid. Rose Co. is a semiweekly schedule depositor. Complete line 13e only if qualified sick leave wages and/or qualified family leave wages were paid this quarter of 2023 for leave taken after March 31, 2021, and before October 1, 2021. 15-A for more information about sick pay reporting. No report is required for months when tips are less than $20. June 2022): fill, sign, print and send online instantly. Line 1 - Enter the total number of employees who received wages, tips, or other compensation (like bonuses or commission) in the quarterly pay period. However, qualified health plan expenses don't include amounts that the employee paid for with after-tax contributions. If you deposited more than the correct amount for the quarter, you can choose to have the IRS either refund the overpayment or apply it to your next return. Proc. Qualified sick leave wages for leave taken after March 31, 2020, and before April 1, 2021, aren't subject to the employer share of social security tax; therefore, the tax rate on these wages is 6.2% (0.062). On any device & OS. Therefore, the payroll tax credit applies against Rose Co.'s share of social security tax (up to $250,000) and Medicare tax on wages paid to employees in the third quarter of 2023. See Deposit Penalties in section 11 of Pub. * . For purposes of these instructions, all references to sick pay mean ordinary sick pay, not qualified sick leave wages that are reported on line 5a(i) for leave taken after March 31, 2020, and before April 1, 2021, or reported on line 5a for leave taken after March 31, 2021, and before October 1, 2021. Please check with your financial institution regarding availability, deadlines, and costs. 2009-51, 2009-45 I.R.B. You remain responsible if the third party fails to perform any required action. Enter the amount of Medicare tax from Form 941, Part 1. See Box 1Wages, tips, other compensation in the General Instructions for Forms W-2 and W-3 for details. Then, you must file for every quarter after thatevery 3 monthseven if you have no taxes to report, unless youre a seasonal employer or are filing your final return. The term legal holiday for deposit purposes includes only those legal holidays in the District of Columbia. If you go out of business or stop paying wages, you must file a final return. If youre a monthly schedule depositor, complete the deposit schedule on line 16. Employers with fewer than 500 employees and, for leave taken after March 31, 2021, and before October 1, 2021, certain governmental employers without regard to number of employees (except for the federal government and its agencies and instrumentalities unless described in section 501(c)(1)) are entitled to a credit if they provide paid sick leave to employees that otherwise meets the requirements of the EPSLA. Add lines 2a and 2a(i), Qualified sick leave wages excluded from the definition of employment under sections 3121(b)(1)(22). Before you choose to outsource any of your payroll and related tax duties (that is, withholding, reporting, and paying over social security, Medicare, FUTA, and income taxes) to a third-party payer, such as a payroll service provider or reporting agent, go to IRS.gov/OutsourcingPayrollDuties for helpful information on this topic. Give us any information that is missing from your return. Enter dollars to the left of the preprinted decimal point and cents to the right of it. Instructions for Form 941-SS (06/2022) Employer's QUARTERLY Federal Tax ReturnAmerican Samoa, Guam, the Commonwealth of the Northern Mariana Islands, and the U.S. Virgin Islands Section references are to the Internal Revenue Code unless otherwise noted. 06/29/2022 Form 941-X (PR) Adjusted Employer's Quarterly Federal Tax Return or Claim for Refund (Puerto Rico Version) 0422 06/29/2022 Inst 941-X . Detach Form 941-V and send it with your payment and Form 941 to the address in the Instructions for Form 941. For leave taken after March 31, 2020, and before April 1, 2021, the total qualified family leave wages cant exceed $200 per day or $10,000 in the aggregate per employee. If no wages, tips, and other compensation on line 2 are subject to social security or Medicare tax, check the box on line 4. Required to be made under the terms of a collective bargaining agreement in effect for the quarter. The term refundable means the portion of the credit which is in excess of those taxes. The credit for qualified sick and family leave wages consists of the qualified sick leave wages, the qualified family leave wages, the qualified health plan expenses allocable to those wages, and the employer share of Medicare tax allocable to those wages. Employers with fewer than 500 employees and certain governmental employers without regard to number of employees (except for the federal government and its agencies and instrumentalities unless described in section 501(c)(1)) are entitled to a credit if they provide paid sick leave to employees that otherwise meets the requirements of the EPSLA, as amended for purposes of the ARP, and/or provide paid family leave to employees that otherwise meets the requirements under the Expanded FMLA, as amended for purposes of the ARP, for qualified sick and family leave wages for leave taken after March 31, 2021, and before October 1, 2021. The form allows employers to withhold federal income tax and other payroll taxes from each employee's paycheck and remit them to the IRS. See Terminating a business in the General Instructions for Forms W-2 and W-3 for information about earlier dates for the expedited furnishing and filing of Forms W-2 when a final Form 941 is filed. Box 2 - Choosing Quarter In box 2, choose a quarter for which Form 941 is being filed. For leave taken after March 31, 2021, and before October 1, 2021, the limit resets and the total qualified family leave wages can't exceed $200 per day or $12,000 in the aggregate per employee. Qualified sick leave wages for leave taken after March 31, 2021, and before October 1, 2021 (Form 941, Part 3, Qualified sick leave wages included on Form 941, Part 3, line 23, that were not included as wages reported on Form 941, Part 1, lines 5a and 5c, because the qualified sick leave wages were excluded from the definition of employment under sections 3121(b)(1)(22), Qualified sick leave wages included on Form 941, Part 3, line 23, that were not included as wages reported on Form 941, Part 1, line 5a, because the qualified sick leave wages were limited by the social security wage base. Adjusting tax liability for nonrefundable credits claimed on lines 11a, 11b, and 11d. If youre not sure your total tax liability for the current quarter will be less than $2,500 (and your liability for the prior quarter wasn't less than $2,500), make deposits using the semiweekly or monthly rules so you won't be subject to failure-to-deposit (FTD) penalties. Generally, an EFT is made using the Electronic Federal Tax Payment System (EFTPS). Reporting adjustments from lines 79 on line 16. If you received notification to file Form 944, Employer's ANNUAL Federal Tax Return, you must file Form 944 annually; don't file Form 941 quarterly. These qualified health plan expenses are amounts paid or incurred by the employer to provide and maintain a group health plan but only to the extent such amounts are excluded from the employees' income as coverage under an accident or health plan. Nonrefundable Portion of Credit for Qualified Sick and Family Leave Wages for Leave Taken After March 31, 2021, and Before October 1, 2021. You must use the U.S. Multiply line 2g(ii) by 1.45% (0.0145), Enter any credit claimed under section 41 for increasing research activities with respect to any wages taken into account for the credit for qualified sick and family leave wages. 06-Dec-2022 Share. 51, Agricultural Employers Tax Guide; Pub. Do not leave blank. If your third-party payer of sick pay that isn't your agent (for example, an insurance company) transfers the liability for the employer share of the social security and Medicare taxes to you, enter a negative adjustment on line 8 for the employee share of social security and Medicare taxes that were withheld and deposited by your third-party sick pay payer on the sick pay. If you would mail your return filed without a payment to Kansas City, send your request to the address for Cincinnati shown above.

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