Asked by Riley Bruns on May 30, 2024
Verified
Form 941 is filed:
A) monthly.
B) annually.
C) weekly.
D) quarterly.
Form 941
A quarterly federal tax form filed by employers to report income taxes, Social Security tax, or Medicare tax withheld from employee's paychecks.
- Acquire knowledge on the necessities of payroll tax reporting to authorities.
Verified Answer
ZK
Zybrea KnightJun 03, 2024
Final Answer :
D
Explanation :
Form 941 is filed quarterly by employers to report income taxes, social security tax, or Medicare tax withheld from employee's paychecks, and to pay the employer's portion of social security or Medicare tax.
Learning Objectives
- Acquire knowledge on the necessities of payroll tax reporting to authorities.
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