TaxBandits Knowledge Base

What are the changes to Form 941 for Q2 of 2024?

Form 941 remains largely unchanged, but the IRS has introduced new business rules validation and schema updates for Q2 of 2024. TaxBandits has made the necessary adjustments to ensure a smooth and efficient filing process.

Deadline Extensions for Form 941 - Q2, 2024:

The IRS has announced an extended filing deadline for taxpayers in certain areas of West Virginia and Kentucky in response to the severe storms, straight-line winds, tornadoes, flooding, landslides, and mudslides that have impacted these regions since April 2, 2024. Affected taxpayers in these states now have until November 1, 2024, to file Form 941 for Q2 of 2024. This extension aims to provide relief to individuals and businesses affected by these extreme weather events, granting them additional time to fulfill their tax obligations.