941-SS Form

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Definition


Employer's Quarterly Federal Tax Return - American Samoa, Guam, the Commonwealth of Northern Marinara Islands, and the U.S. Virgin Islands. This form is used by employers to report employment taxes, withholding amounts, deposit amounts, and amounts that are due the IRS. The form includes information on totals for the number of employees and total pay for the period being reported. 

It also includes totals for the amounts withheld from pay of employees for the period, taxable Social Security and Medicare wages for the period, calculation of total Social Security and Medicare wages, adjustments for sick pay, tips, group term life insurance, and advanced earned income credit payments made to employees.

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