What is Form 941 Schedule B and who needs to file it?
2.0k views |
Last modified 1/11/2024 8:46:09 AM EST |
Added by ExpressEfile Team
Applicable To
Form 941
Form 1099 / W-2
Form 2290
The IRS Form 941 Schedule B is a tax form for reporting the employer’s tax liabilities for semiweekly pay schedules. Schedule B Form 941 must be filed along with Form 941.
Schedule B must be attached with Form 941 for the below conditions. Employers who
report more than $50,000 of employment taxes in the previous period, or
have accumulated $100,000 or more in tax liability in the current or past calendar year.
You can file the Form 941 with 941 Schedule B for 2023 using ExpressEfile. Check the semiweekly depositor box under Line 16 and Schedule B will be automatically enabled in Form 941.