[{TableOfContents }] !!!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.%% ---- ![Notes|Edit:Internal.FEDERAL_ QUARTERLY_ REPORTING_FORM_941] [{InsertPage page='Internal.FEDERAL_ QUARTERLY_ REPORTING_FORM_941' default='Click to create a new notes page'}]