Use Tax Form 941: Employer's QUARTERLY Federal Tax Return as a stand alone tax form calculator to quickly calculate specific amounts for your 2023 tax return. Form 941: Employer's QUARTERLY Federal Tax Return is also integrated into our comprehensive US Tax Calculator where you can complete and save your calculations for later use. Alternatively you can use one of our Combined Federal and State Tax Estimator to quickly calculate your salary, tax and take home pay.
Employer’s QUARTERLY Federal Tax Return
Part 1: Answer these questions for this quarter.
Check and go to line 6.
x 0.124 =
x 0.124 =
x 0.029 =
x 0.029 =
▸ You MUST complete both pages of Form 941 and SIGN it.
Part 2: Tell us about your deposit schedule and tax liability for this quarter.
If you are unsure about whether you are a monthly schedule depositor or a semiweekly schedule depositor, see section 11 of Pub. 15.
Check one: If line 12 (line 10 if the prior quarter was the fourth quarter of 2023) for the prior quarter was less than $2500 but line 12 on this return is $100000 or more, you must provide a record of your federal tax liability. If you are a monthly schedule depositor, complete the deposit schedule below; if you are a semiweekly schedule depositor, attach Schedule B (Form 941). Go to Part 3.
Enter your tax liability for each month and total liability for the quarter, then go to Part 3.
Total must equal line 12.
Complete Schedule B (Form 941), Report of Tax Liability for Semiweekly Schedule Depositors, and attach it to Form 941.
Part 3: Tell us about your business. If a question does NOT apply to your business, leave it blank.
Tip: use the US Tax Calculator to edit your refundable and non-refundable tax credits including Form 941: Employer's QUARTERLY Federal Tax Return. Complete, Calculate, print and or save your tax calculation for later use.