Form 941was less than $2,500, the previous quarterly return was less than $2,500, and there was no next-day deposit obligation for $100,000, you can check the box on Line 16 and move to Part 3. Line 16 is also where you will determine if you are a semiweekly or monthly ...
This section of Form 941 is for your quarter’s deposit schedule and tax liability. In Part 2, you’ll record whether you deposit on a monthly or semiweekly schedule. For the monthly depositor, you’ll fill in Month 1, Month 2, and Month 3 boxes. The total on of these three boxes ...
report the withholding to the IRS, and then deposit the withholding to the IRS on a monthly or semiweekly schedule. At the end of the year, you'll submit Form 945. Typically, you can stop backup withholdings if the contractor gives you their correct TIN or the IRS tells you that you...