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!!!FORM 941 - EMPLOYER'S QUARTERLY FEDERAL TAX RETURN

The Form 941 – Employer’s Quarterly Federal Tax Return is a hard copy that must be completed manually. The following are the steps recommended to aid in completing the form. 
 
!!View Pay Run Information 

!Line 1 - # of Employees 
Use the total of the ‘Employees’ field on [IPVP] from all of the pay runs that qualify for the data on the F941 to be completed. \\  \\
 
[F941_01.JPG]
 
!!Define Elements 
Create an element on [IPPE] that contains all of the PC's that need to be reported.  Below is a list of the pay components that could be included. Your company may not require all of them or may require others. 
 
!Line 2 – Total Wages 
|Fed Taxable Wages|PC Usage |6004 
|Fed Supp Wages |PC Usage |6005 
 
!Line 3 – Total Tax 
|Fed Tax|PC Usage |6001 
|Add. Fed Tax |	PC Usage |6002 
|Supp Fed Tax |PC Usage |6003 
 
!Line 6 – SS Wages 
|FICA Wages |PC Usage |6202 
 
!Line 7 – Medicare Wages 
|Medicare Wages| PC Usage| 6502 
 
!Line 8 – Total SS and Medicare 
|FICA Tax EE| PC Usage| 6201 
|FICA Tax ER |PC Usage| 6210 
|Medicare Tax EE| PC Usage |6501 
|Medicare Tax ER|PC Usage |6503 

!Line 12 - EIC 
|EIC PC| Usage| 6101 

!!Produce Pay Totals Register 
User may now run [RPREGT] using the element created to obtain information to aid in completing the F941 form. 

%%information Run [RPREGT] for the current quarter to obtain information for Lines, 2, 3, 6, 7, 8, and 12.  Run [RPREGT] for the previous quarter and compare it to what was submitted on the F941 for the previous quarter to obtain information for lines 4 and 5.%% 
 
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