IRS 941-X 2013 free printable template

IRS.gov/form941x Cat. No. 17025J Form 941-X Rev. 4-2013 Correcting quarter Correcting calendar year YYYY Part 3 Enter the corrections for this quarter. 941-X Form Rev. April 2013 Adjusted Employer s QUARTERLY Federal Tax Return or Claim for Refund Department of the Treasury Internal Revenue Service Employer identification number EIN OMB No. 1545-0029 Return You Are Correcting. Check the type of return you are correcting Name not your trade name 941-SS Trade name if any Check the ONE quarter you...are correcting Address Number Street 1 January February March Suite or room number 2 April May June City State ZIP code 3 July August September Read the instructions before completing this form* Use this form to correct errors you made on Form 941 or 941-SS* Use a separate Form 941-X for each quarter that needs correction* Type or print within the boxes. You MUST complete all three pages. Do not attach this form to Form 941 or 941-SS* Part 1 Select ONLY one process. check this box if you...overreported amounts and you would like to use the adjustment process to correct the errors. You must check this box if you are correcting both underreported and overreported amounts on this form* The amount shown on line 22 if less than zero may only be applied as a credit to your Form 941 Form 941-SS or Form 944 for the tax period in which you are filing this form* Claim* Check this box if you overreported amounts only and you would like to use the claim process to ask for a refund or...abatement of the amount shown on line 22. Do not 4 October November December Enter the calendar year of the quarter you are correcting YYYY Enter the date you discovered errors / MM / DD / YYYY Part 2 Complete the certifications. I certify that I have filed or will file Forms W-2 Wage and Tax Statement or Forms W-2c Corrected Wage and Tax Statement as required* Note. If you are correcting underreported amounts only go to Part 3 on page 2 and skip lines 4 and 5. 4. If you checked line 1 because...you are adjusting overreported amounts check all that apply. You must check at least one box. a* I repaid or reimbursed each affected employee for the overcollected federal income tax or Additional Medicare Tax for the current year and the overcollected social security and Medicare taxes for current and prior years. For adjustments of employee social security and Medicare taxes overcollected in prior years I have a written statement from each employee stating that he or she has not claimed or...the claim was rejected and will not claim a refund or credit for the overcollection* b. The adjustments of social security tax and Medicare tax are for the employer s share only. I could not find the affected employees or each employee did not give me a written statement that he or she has not claimed or the claim was rejected and will not claim a refund or credit for the overcollection* c* employee wages. You must check at least one box. social security and Medicare tax overcollected in prior...years I have a written statement from each employee stating that he or she has not claimed or the claim was rejected and will not claim a refund or credit for the overcollection* I have a written consent from each affected employee stating that I may file this claim for the employee s share of social security and Medicare tax.

Instructions and Help about IRS 941-X

How to edit IRS 941-X

How to fill out IRS 941-X

Instructions and Help about IRS 941-X

How to edit IRS 941-X

To edit IRS 941-X, you will need access to the completed form, which can be done using pdfFiller's editing tools. Simply upload your filled-out version of the form to the platform to make necessary changes. You can revise text, add or remove fields, or correct any errors before finalizing your submission.

How to fill out IRS 941-X

To fill out IRS 941-X correctly, follow these structured steps:

1. Gather all necessary payroll records, including wages paid, taxes withheld, and other relevant financial information.
2. Begin entering your business information at the top of the form, including your Employer Identification Number (EIN).
3. Fill in the specific quarters that you are amending, detailing any adjustments needed for wages, tips, and taxable Medicare wages.
4. Complete the calculation section by detailing adjustments made to your taxes.
5. Review all entries for accuracy before signing and dating the form.

About IRS 941-X 2013 previous version

What is IRS 941-X?

What is the purpose of this form?

Who needs the form?

When am I exempt from filling out this form?

Components of the form

What are the penalties for not issuing the form?

What information do you need when you file the form?

Is the form accompanied by other forms?

Where do I send the form?

About IRS 941-X 2013 previous version

What is IRS 941-X?

IRS 941-X is the corrected version of Form 941, which employers use to report employment taxes. This form allows businesses to adjust or correct errors made on previously filed Form 941. It is crucial for maintaining accurate tax records and ensuring compliance with IRS regulations.

What is the purpose of this form?

The purpose of IRS 941-X is to allow employers to correct errors on their quarterly payroll tax returns. This may include mistakes related to taxable wages, tax withholdings, or employee credits. Filing this form helps rectify inaccuracies and prevents potential penalties associated with incorrect filings.

Who needs the form?

Employers who have made errors on their previously filed IRS Form 941 should file IRS 941-X. Any business that reports adjusted income, payroll taxes, or other details must utilize this form to ensure compliance with federal regulations.

When am I exempt from filling out this form?

You are exempt from filling out IRS 941-X if you did not file Form 941 or if your 941 does not contain errors that need correction. Additionally, if your business had no taxable wages for the quarter in question, filing IRS 941-X would not be necessary.

Components of the form

IRS 941-X consists of several key components: the business information section, a detailed breakdown of the modifications or corrections made, and the calculation areas for adjustments. Each section must be completed thoroughly to reflect accurate corrections.

What are the penalties for not issuing the form?

Failing to file IRS 941-X when required may result in penalties imposed by the IRS. These could include fines for late filing and interest on any unpaid taxes. Consistent inaccuracies may also lead to further scrutiny of the business's tax filings.

What information do you need when you file the form?

When preparing to file IRS 941-X, gather essential information such as your EIN, the amounts initially reported on Form 941, and the correct amounts you intend to report. You should also have documentation aiding your claims for corrections, such as payroll records and tax payments.

Is the form accompanied by other forms?

IRS 941-X can be accompanied by other forms, depending on the nature of the adjustments being made. Commonly, it may be submitted with Form 941 for the same quarter if needed to support corrections, or other relevant forms based on specific tax situations.

Where do I send the form?

To ensure proper handling, send IRS 941-X to the address specified for Form 941 in the IRS instructions, considering whether you are sending it with a payment or without. Always check the most current IRS guidelines to confirm the correct mailing address based on your business location.

FAQ about IRS 941-X

What steps can I take to correct mistakes made on form 941-x?

If you discover an error after submitting form 941-x, you can use form 941-X to correct it. This amended return allows you to report both under-reported and over-reported amounts for the applicable tax periods. Ensure that you provide clear explanations for the changes made and maintain copies for your records.

How can I track the status of my submitted form 941-x?

To verify the receipt and processing of your submitted form 941-x, you may contact the IRS directly or use the IRS online tools, if available. Be aware of common e-file rejection codes that might hinder processing, and always keep proof of submission for your records.

What should I do if I receive a notice or audit related to my form 941-x?

If you receive a notice regarding your form 941-x, it's essential to read it carefully and understand what is being questioned. Collect relevant documentation and prepare a response that addresses the IRS's concerns. If needed, consider consulting with a tax professional for assistance.

Are there any common errors I should avoid when submitting form 941-x?

Common mistakes when filing form 941-x include incorrect tax period markings or failing to sign the form. Ensure that all applicable fields are filled out accurately and verify the calculations to avoid unnecessary delays or rejections.