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Form 941-SS

  1. Country USA
  2. Language English
  3. Activity Taxes
  4. Department Internal Revenue Service
Form 941-SS

Employer's Quarterly Federal Tax Return American Samoa, Guam, the Commonwealth of the Northern Mariana Islands, and the U.S. Virgin Islands

Rev. March 2023

Form 941-V(SS) is a payment voucher used to make payments with Form 941-SS, which is the Employer's Quarterly Federal Tax Return. The instructions explain when to use Form 941-V(SS), how to fill it out, and where to send it.

Instructions

  • Form 941-SS Instructions - Instructions for Form 941-SS, Employer's QUARTERLY Federal Tax Return„American Samoa, Guam, the Commonwealth of the Northern Mariana Islands, and the U.S. Virgin Islands
FAQ
  • What is the limit on the amount of qualified family leave wages that can be included in the credit?

    The limit is $10,239 per employee for 2021.

  • Can employers claim a refundable tax credit for qualified sick and family leave wages paid to certain employees who are on leave due to COVID-19?

    Yes, the American Rescue Plan Act of 2021 (ARP) includes a refundable tax credit for eligible employers that claim the credit for qualified sick and family leave wages.

  • Can employers claim a credit for paid sick or family leave for employees taking leave after March 31, 2021?

    Yes, eligible employers can claim a refundable tax credit for qualified sick and family leave wages paid to certain employees who are on leave due to COVID-19.

  • What is the social security wage base limit that affects the amount of qualified family leave wages included in the credit?

    The social security wage base limit affects the amount of qualified family leave wages included in the credit. The limit for 2021 is $142,800.

  • Can employers claim a credit for paid sick or family leave for employees taking leave after March 31, 2021?

    Yes, eligible employers can claim a refundable tax credit for qualified sick and family leave wages paid to certain employees who are on leave due to COVID-19.

  • What is the social security wage base limit that affects the amount of qualified health plan expenses allocable to qualified family leave wages?

    The social security wage base limit for 2021 is $142,800.

  • Can I claim both the section 41 research credit and the credit for qualified sick and family leave wages on the same Form 941-SS?

    Yes, if you are eligible for both credits, you can claim them on the same Form 941-SS. However, line 2n should only include the section 41 research credit.

  • What is the maximum amount of qualified sick and family leave wages an employee can take into account for the credit?

    The maximum amount of qualified sick and family leave wages taken into account for the credit is $10,239 per employee for 2021.

  • What is Form 941-SS and what is it used for?

    Form 941-SS is the Employer's Quarterly Federal Tax Return form used to report federal income tax, social security tax, Medicare tax, and withheld tips. It is filed quarterly by employers to report wages paid to employees and taxes due.

  • What lines of Form 941-SS should I refer to for the credits related to qualified sick and family leave wages?

    The credits for qualified sick and family leave wages can be found on lines 2f, 2g(ii), 2j, and 2k. Line 2m is the total credit for qualified sick and family leave wages, and line 2o is the nonrefundable portion of this credit.

  • What should I enter as line 1h if I am claiming a refundable credit for qualified sick and family leave wages?

    Line 1h should be blank if you are claiming a refundable credit for qualified sick and family leave wages, as this amount is entered on Form 941-SS, Part 1, line 13e instead.

  • What is the credit for qualified sick and family leave wages?

    $10,239 per employee for 2021.

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ABOUT

Tax forms

Form 941-SS is one of Tax forms that are documents used to report income, deductions, and tax liability to the relevant tax authority. These forms are an essential part of the tax filing process and are used to ensure individuals and businesses comply with tax laws and accurately calculate their tax obligations.

The specific tax forms required can vary depending on factors such as an individual's filing status, sources of income, and the country's tax laws. However, here are some common types of tax forms:

Individual Income Tax Forms: These forms, such as the 1040 series in the United States, are used by individuals to report their income, claim deductions and credits, and calculate their tax liability.

Business Tax Forms: Businesses, including sole proprietorships, partnerships, corporations, and self-employed individuals, may have to file various forms to report their income, expenses, and taxes owed. Examples include Schedule C (Profit or Loss from Business) and Form 1120 (U.S. Corporation Income Tax Return).

Employment Tax Forms: Employers are required to report employee wages and withhold and remit payroll taxes. Forms such as W-2 (Wage and Tax Statement) and 941 (Employer's Quarterly Federal Tax Return) are used for this purpose.

Investment and Retirement Account Forms: These forms are used to report investment income, capital gains, and losses, as well as contributions and distributions from retirement accounts. Examples include Form 1099-DIV (Dividends and Distributions) and Form 5498 (IRA Contribution Information).

Estate and Gift Tax Forms: When a person passes away or makes significant gifts, specific forms such as Form 706 (United States Estate (and Generation-Skipping Transfer) Tax Return) and Form 709 (United States Gift (and Generation-Skipping Transfer) Tax Return) are used to report and calculate any applicable estate or gift taxes.

It is important to note that tax laws and forms can change over time, so individuals and businesses should consult the relevant tax authority or seek professional tax advice to ensure compliance with the current requirements.

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