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KERN COUNTY EMPLOYEES RETIREMENT ASSOCIATION (KC ERA) Board of Retirement SUMMARY OF PROCEEDINGS Teleconference Meeting Investment Committee December 14, 2021 9:41 a.m. Committee Members:Couch, Gonzalez,

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How to fill out 941 a

01

Obtain a Form 941 from the IRS website or an authorized provider.

02

Fill out the employer identification number, name, and address at the top of the form.

03

Enter the total number of employees who received wages, tips, or other compensation during the quarter.

04

Report the total wages, tips, and other compensation paid to employees during the quarter.

05

Calculate the total federal income tax withheld from employees' wages.

06

Determine the total social security and Medicare taxes withheld from employees' wages.

07

Add up the total social security and Medicare taxes owed by the employer.

08

Calculate any adjustments needed for sick pay, tips, group-term life insurance, or advance earned income credit.

09

Fill out the deposit schedule for the quarter.

10

Sign and date the form before submitting it to the IRS.

Who needs 941 a?

01

Employers who have employees must fill out Form 941 to report their quarterly wages, tips, and other compensation, as well as the taxes withheld from employees' paychecks.

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What is 941 a?

941 a is the Employer's Quarterly Federal Tax Return form.

Who is required to file 941 a?

Employers who pay wages to employees are required to file 941 a.

How to fill out 941 a?

Fill out the form with information about wages paid, federal income tax withheld, and other employment taxes.

What is the purpose of 941 a?

The purpose of 941 a is to report employment taxes to the IRS.

What information must be reported on 941 a?

Employers must report wages paid, federal income tax withheld, and employment taxes.

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