What is Form 941 Schedule B and who needs to file?
142 views |
Last modified 8/4/2020 2:41:14 AM EST |
Added by ExpressEfile Team
The IRS Form 941 Schedule B is a tax form for reporting employer’s tax liabilities for semiweekly pay schedules. Schedule B must be filed along with Form 941. 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 must attach schedule B with Form 941.