Employment Tax Returns Explained
Form 941, Employer's Quarterly Federal Tax Return:
Form 941 is used to report:Federal income taxes, social security and Medicare taxes withheld, the employer's share of social security and Medicare taxes, and employment tax deposits made for the quarter.
Form 941 is due by the end of the month following the last month of each quarter. You can mail Form 941 or file it electronically through an authorized third party transmitter using the IRS 941 online filing program.
Form 941 due dates are: April 30, July 31, October 31, and January 31.
Form 940, Employer's Annual Federal Unemployment (FUTA) Tax is strictly an employer paid tax. Employees do not pay it. Form 940 is filed annually. It may be file electronically.
Form 944, Employer's Annual Federal Tax Return:is only filed if you were notified by the IRS in writing to do so.
Form W-4, Employee's Withholding Allowance Certificate must be completed by each new hire. Federal income tax to be withheld is based on the number of exemption allowances claimed on the W-4.
Form I-9, Employment Eligibility Verification: must be completed by each new hire. This form is issued by the U.S. Citizenship and Immigration Services (USCIS). You can get this form from USCIS offices or by calling 1-800-870-3676. Contact the USCIS at 1-800-375-5283 or access its web site at www.uscis.gov for more information.
Caution! All employees must complete Form W-4 and Form I-9 before they may start working for an employer.
Form W-2, Wage and Tax Statement:
Paper returns and electronically filed returns must be received by employees by January 31 of the following year. They are filed with the Social Security Administration. File Copy A of Form W-2 (and the accompanying transmittal Form W-3, by February 28 (or the 29th during a leap year).
Electronically filed returns are due by March 31.
You can request a filing extension of 30 days with the Social Security Administration by sending Form 8809, Request for Extension of Time to File Information Returns.
Send Copy A of Form W-2 (and one transmittal Form W-3) to: Social Security Administration, Data Operations Center, Wilkes-Barre, PA 18769-0001. Certified mail (recommended). If you use certified mail, change the zip code for the above address to 18769-0002.
If you use an IRS-approved private deliver service, add two things to the above address: Attn: W-2 Process, 1150 E. Mountain Drive. Change the zip code to:18702-7997.
For electronic filing of Form W-2 visit: www.socialsecurity.gov/employer
Form W-3 is a transmittal form used to summarize the data on each individual W-2 form. Submit only one Form W-3 along with all W-2 forms.
Zero Wage Return
If you have not filed a final Form 941 or Form 944, or are not a seasonal employer, you must continue to file a Form 941 or Form 944 even for periods during which you paid no wages.
The IRS encourages you to file your Zero Wage Forms 941 or 944 electronically using IRS e-file at www.irs.gov.
- Return to the Payroll Taxes Table of Contents to find related links.