Are the Form 941 changes for the 3rd and 4th quarters applicable to the other 941 tax return?
929 views | Last modified 4/5/2021 5:25:44 AM EST

Applicable To
94X 1099 W-2 ACA W-4

Yes, there are changes in the Form 941 for the 3rd and 4th quarters of 2020. These changes allow users to defer the employee portion of the social security taxes. The revised form has changes in  lines 1, 13b, 24, and 25. Click here to learn more about these changes.

The changes in Form 941 are also applicable to Form 941-SS and Form 941-PR. Form 941 Schedule R might not require any further adjustments. The instructions for Schedule R will be adjusted if there are any changes.
 

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