What are the changes to Form 941 for the first quarter of 2025?

Last modified 4/1/2025 2:44:12 AM EST

Form 941 has undergone a few major revisions for Q1, 2025: 

Social Security and Medicare Taxes for 2025

• The Social Security tax rate remains 6.2% for both the employee and employer.

• The Social Security wage base limit is $176,100 for 2025.

• The Medicare tax rate remains 1.45% for both the employee and employer, with no wage base limit.

Additionally, Social Security and Medicare taxes apply to:

• Household workers earning $2,800 or more in cash wages in 2025.

• Election workers received $2,400 or more in cash or equivalent compensation in 2025.

Electronic Filing of Form 941-X

Employers can now electronically file Form 941-X, Adjusted Employer's QUARTERLY Federal Tax Return or Claim for Refund, through Modernized e-File (MeF).

To learn more about the changes to IRS Form 941 for the First Quarter of 2025, click here.