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Learn More About Form 941 Sch. B

WHAT is a 941 Sch. B?

Form 941 Schedule B accompanies the 941 as a daily report of an employer's tax liability for federal income tax withheld from employees, as well as the employer's share of Social Security and Medicare taxes during the period. A 941 Sch. B must be mailed or e-filed to the IRS.

WHY do I file 941 Sch. B?

941 Schedule B forms must be filed so the IRS can reconcile wages and withholdings and process tax payments. Penalties and interest can be incurred by the employer for not properly filing 941 Sch. B.

WHERE do I file 941 Sch. B?

Filetaxes.com is easiest - we do all the work for you and everything is IRS approved! If you prefer to print and mail copies yourself, you must file a copy with the IRS. Start Filing 941 Sch.B >>

WHO needs to file 941 Sch. B?

Employers who are semi-weekly schedule depositors of federal payroll taxes or monthly schedule depositors who accumulated $100,000 or more in tax liability on any given day during the reporting period must file a 941 Sch. B. See details and official IRS instructions below.

WHEN do I file 941 Sch. B?

941 Sch. B Forms are attached to a 941 Form and filed quarterly, on the last day of the month following the close each calendar quarter.

  • Quarter 1 (Jan-Mar): 941 due April 30
  • Quarter 2 (Apr-June): 941 due Jul 31
  • Quarter 3 (Jul-Sept): 941 due Oct 31
  • Quarter 4 (Oct-Dec): 941 due Jan 31

HOW much does it cost?

With Filetaxes.com, each 941 Sch. B form is only $4.95, which includes e-filing with the IRS and copy for the employer's records. Everything is IRS approved.

Instructions for Filing Form 941 Sch. B

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941 Sch. B Reporting Information

What to Report
Tax liability by month, on the day they were paid

 ABOUT Filetaxes.com

Filetaxes.com is the fastest, easiest way to complete your 941 Sch. B forms and is 100% IRS approved.

PRICING

 941 Forms  $4.95 per filing
 941 Sch. B  $4.95 per filing
 944 Forms  $9.98 per filing
 W-2 Forms  $3.99 per employee
 W-2c Forms  $3.99 per employee
 All 1099 Forms  $3.99 per recipient

941 & 944 Form  Pricing Includes:

  • E-file federal copy
  • PDF file copy
  • PIN request (required only once)
  • Processing of payments less than $2500
  • Filing confirmation via email

Responsibility of Your Business:

  • Save or print the PDF payer copy for records
  • For payments over $2,500, pay the IRS directly (Filetaxes.com cannot process payments over $2,500)

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