Updated Form 941 Worksheet 1, 2, 3 and 5 for Q2 2021 Revised 941
Worksheet 2 941X. Download & print with other fillable us tax forms in pdf. Note the amount of the employee retention tax credit 7.
Updated Form 941 Worksheet 1, 2, 3 and 5 for Q2 2021 Revised 941
Worksheet 1 (included in the instructions to form 941) is used to calculate the nonrefundable portion and refundable portion of the erc. Fill out your contact details 2. Web the new form 941 worksheet 2 for q2 2021 should be completed by all employers that paid qualified wages for the employee retention credit after april 1, 2021. The 941 ertc worksheets for the 2q 2021 have changed. Determine which payroll quarters in 2020 and 2021 your business qualifies for. Enter the corrections for this quarter. Find the right form 2. Adjusted credit for qualified sick and family leave wages for leave taken after march 31, 2021. Subtract line 1g from line 1f. Claim the credit retroactively 9.
Find lines 11c and 13d on form 941 7. Subtract line 1g from line 1f. Worksheet 1 (included in the instructions to form 941) is used to calculate the nonrefundable portion and refundable portion of the erc. Enter the qualified wages 8. Instead of worksheet 1, worksheet 2 needs to be generated and completed to flow the ertc credits to the 941. Web using worksheet 2 to update form 941x: Find lines 11c and 13d on form 941 7. Download & print with other fillable us tax forms in pdf. Use worksheet 1 for 941 3. The nonrefundable portion of the erc (as calculated on worksheet 1) is the amount that applies against the employer’s 6.2% share of social security tax. This amount is originally found on form 941, like 13d.
