What are the changes made in Form 941 for the 3rd and 4th quarters of 2020?
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Last modified 3/23/2021 2:03:28 AM EST |
Added by ExpressEfile Team
As per the changes in Form 941, employers can now defer the employee share of Social Security tax for the qualified wages paid between September 1 and December 31, 2020. A few lines are revised, including 1, 13b, 24, and 25. These changes are also applicable to supporting forms, such as Form 941-SS and Form 941-PR.
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