Employer's Quarterly Federal Tax Return, Form 941. The form is signed by you as president on January
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Employer's Quarterly Federal Tax Return, Form 941. The form is signed by you as president on January 31, 20--.
Line 7 instructions. Fill in Form 941 through line 6, and then fill in Part 2, line 16 or Schedule B. Take that information and fill in line 13. Lines 12 and 13 must equal. If the amounts are not the same, correct by entering amount to make equal on line 7. Line 7 differences are caused by how calculations are made on Form 941 and the amounts withheld from employee's earning plus the employer's payroll tax amounts each pay.
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