The IRS Form 941, Quarterly Federal Tax Return, must be filed by employers to report the employee’s share of federal income taxes, social security and Medicare tax, and employer’s share of social security and Medicare tax.
The employer should file Form 941 for every quarter. Usually, Form 941 due date falls by the last day of the month following the reporting quarter.
As an employer, you are liable to file Form 941 before the deadline regardless of whether you have tax amounts to report or not, which means you can e-file Form 941 with zero tax amounts.
You are exempted from filing Form 941, if
- You are a seasonal employer who has not paid any wages or tips to your employees for the reporting quarter.
- Your business is closed and filed your final return.
Note: For each quarter, you can file only one Form 941 either by paper filing or electronically. ExpressEfile encourages you to e-file Form 941 for easy and instant filing.