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Esta forma se utiliza para reportar las contribuciones al seguro social y al seguro Medicare por parte de los patronos en Puerto Rico durante el primer trimestre.
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How to fill out 941-pr

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How to fill out 941-PR

01
Obtain Form 941-PR from the IRS website or your local IRS office.
02
Fill out your business information at the top of the form including name, address, and employer identification number (EIN).
03
Report your federal tax liability for the quarter being filed, including wages paid to employees.
04
Calculate the total taxes owed for the quarter.
05
Complete the section for claiming any refundable tax credits, if applicable.
06
Sign and date the form, certifying that the information is accurate and complete.
07
Submit the completed form by the due date, either electronically or by mail, to the designated IRS location.

Who needs 941-PR?

01
Employers who pay wages to employees in Puerto Rico.
02
Businesses required to report income taxes withheld from employee wages.
03
Employers who need to report social security and Medicare taxes.
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The IRS Form 941 Schedule B is a tax form for the reporting of tax liability for semi-weekly pay schedules. The employer is required to withhold federal income tax and payroll taxes from the employee's paychecks. The 941 form reports the total amount of tax withheld during each quarter.
If your lookback period indicates that you had a tax liability of $50,000 or less for the entire period, you are a monthly depositor for the current year. If your tax liability was more than $50,000 for the lookback period, you will be a semiweekly depositor for the upcoming year.
IRS Form 941 is the form your business uses to report income taxes and payroll taxes that you withheld from your employees' wages. — Getty Images/Nitat Termmee. If you have employees, you must file Form 941 to report any federal withholdings. This form determines your payroll tax liability for the quarter.
What is the difference between 941 and 941 PR? El Form 941 is used to report income taxes, social security tax, and Medicare tax withheld from employee wages, also covering the employer's portion of social security or Medicare tax. Whereas, employers in Puerto Rico use 941-PR to report the withholdings.
Employers use Form 941 to: Report income taxes, Social Security tax, or Medicare tax withheld from employee's paychecks. Pay the employer's portion of Social Security or Medicare tax.
Schedule D (Form 941), Report of Discrepancies Caused by Acquisitions, Statutory Mergers, or Consolidations. Employers use Schedule D (Form 941) to explain certain discrepancies between Forms W-2, Wage and Tax Statement, and Forms 941, Employer's QUARTERLY Federal Tax Return, for the totals of: Social security wages.
Understanding Form 940-PR, 941-PR, and 941-SS Form 941 is utilized to report income taxes, social security tax, and Medicare tax withheld from employee paychecks, also covering the employer's portion of social security or Medicare tax. Employers in Puerto Rico traditionally used Form 941-PR to report withholdings.

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Form 941-PR is a payroll tax form used by employers in Puerto Rico to report income taxes withheld from employees' wages and to calculate the employer's share of Social Security and Medicare taxes.
Employers in Puerto Rico who pay wages subject to federal income tax withholding and Social Security and Medicare taxes are required to file Form 941-PR.
To fill out Form 941-PR, employers need to provide their identification information, report the number of employees, total wages paid, applicable taxes withheld, and calculate the tax due. It's important to follow the instructions provided with the form for accuracy.
The purpose of Form 941-PR is to ensure that employers properly report payroll taxes and income tax withholding to the IRS, thereby helping the government to track tax compliance and collection.
Form 941-PR must report the number of employees, total wages paid, federal income tax withheld, Social Security taxes, Medicare taxes, and any adjustments or credits applicable to the reporting quarter.
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