IRS Form 941 Check-In: Page One Practice Assignment 12 min Are you ready to practice filling out Form 941? In this activity, you will use the quarterly payroll details provided to complete specific lines on part 1 of Form 941. 1. Question 1 Calculate the amount that should be entered in Box 2 of Form 941. (Box 2 = federal taxable wages, not gross wages) Recall that for box 2, you should enter the total wages paid, taxable benefits provided to employees, tips that were reported to you, and other compensation paid to employees that is taxable for federal income tax. $8,000.00 $10,500.00 $10,800.00