Instructions For Form 941-Ss - Employer'S Quarterly Federal Tax Returnamerican Samoa, Guam, The Commonwealth Of The Northern Mariana Islands, And The U.s. Virgin Islands - 2017 Page 8
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115f. Section 3121(q) Notice and Demand—Tax
9. Current quarter's adjustments for tips and
group-term life insurance. Enter adjustments for:
Due on Unreported Tips
Any uncollected employee share of social security and
Enter the tax due from your Section 3121(q) Notice and
Medicare taxes on tips, and
Demand on line 5f. The IRS issues a Section 3121(q) Notice
The uncollected employee share of social security and
and Demand to advise an employer of the amount of tips
Medicare taxes on group-term life insurance premiums paid
received by employees who failed to report or underreported
for former employees.
tips to the employer. An employer isn't liable for the employer
Prior quarter's adjustments. If you need to correct any
share of the social security and Medicare taxes on
adjustment reported on a previously filed Form 941-SS,
unreported tips until notice and demand for the taxes is made
complete and file Form 941-X. Form 941-X is an adjusted
to the employer by the IRS in a Section 3121(q) Notice and
return or claim for refund and is filed separately from Form
Demand. The tax due may have been determined from tips
941-SS. See section 9 of Pub. 80.
reported to the IRS on employees' Forms 4137, Social
Security and Medicare Tax on Unreported Tip Income, or
10. Total Taxes After Adjustments
other tips that weren't reported to their employer as
determined by the IRS during an examination. For additional
Combine the amounts shown on lines 6–9 and enter the
information see Rev. Rul. 2012-18, 2012-26 I.R.B. 1032,
result on line 10.
available at IRS.gov/irb/2012-26_IRB/ar07.html.
11. Qualified Small Business Payroll Tax Credit
Deposit the tax within the time period required under your
for Increasing Research Activities
deposit schedule to avoid any possible deposit penalty. The
Enter the amount of the credit from Form 8974, line 12.
tax is treated as accumulated by the employer on the "Date
of Notice and Demand" as printed on the Section 3121(q)
If you enter an amount on line 11, you must attach
Notice and Demand. The employer must include this amount
Form 8974.
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on the appropriate line of the record of federal tax liability
CAUTION
(Part 2 of Form 941-SS for a monthly schedule depositor or
Schedule B (Form 941) for a semiweekly schedule
12. Total Taxes After Adjustments and Credits
depositor).
Subtract line 11 from line 10 and enter the result on line 12.
6. Total Taxes Before Adjustments
If line 12 is less than $2,500 or line 12 on the prior
quarterly return (total taxes reported on line 10 if the
Add the total social security and Medicare taxes before
prior quarter was the fourth quarter of 2016) was less
adjustments (line 5e) and any tax due under a Section
than $2,500, and you didn't incur a $100,000 next-day
3121(q) Notice and Demand (line 5f). Enter the result on
deposit obligation during the current quarter. You may
line 6.
pay the amount with Form 941-SS or you may deposit the
7–9. Tax Adjustments
amount. To avoid a penalty, you must pay the amount in full
with a timely filed return or you must deposit the amount
Enter tax amounts on lines 7–9 that result from current
timely. For more information on paying with a timely filed
quarter adjustments. Use a minus sign (if possible) to show
return, see the instructions for line 14 below.
an adjustment that decreases the total taxes shown on line 6,
If line 12 is $2,500 or more and line 12 on the prior
instead of parentheses. Doing so enhances the accuracy of
quarterly return (total taxes reported on line 10 if the
our scanning software. For example, enter “-10.59” instead of
prior quarter was the fourth quarter of 2016) was $2,500
“(10.59).” However, if your software only allows for
or more, or if you incurred a $100,000 next-day deposit
parentheses in entering negative amounts, you may use
obligation during the current quarter. You must make
them.
deposits according to your deposit schedule. The amount
Current quarter's adjustments. In certain cases, you must
shown on line 12 must equal the “Total liability for quarter”
adjust the amounts you entered as social security and
shown on line 16 or the “Total liability for the quarter” shown
Medicare taxes in column 2 of lines 5a–5d to figure your
on Schedule B (Form 941).
correct tax liability for this quarter's Form 941-SS. See
For more information and rules about federal tax deposits,
section 9 of Pub. 80.
see Depositing Your Taxes, earlier, and section 8 of Pub. 80.
7. Current quarter's adjustment for fractions of cents.
Enter adjustments for fractions of cents (due to rounding)
If you’re a semiweekly depositor, you must complete
relating to the employee share of social security and
Schedule B (Form 941). If you fail to complete and
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Medicare taxes withheld. The employee share of amounts
submit Schedule B (Form 941), the IRS may assert
CAUTION
shown in column 2 of lines 5a–5d may differ slightly from
deposit penalties based on available information.
amounts actually withheld from employees' pay due to the
rounding of social security and Medicare taxes based on
13. Total Deposits for This Quarter
statutory rates.
Enter your deposits for this quarter, including any
8. Current quarter's adjustment for sick pay. Enter
overpayment from a prior quarter that you applied to this
the adjustment for the employee share of social security and
return. Also include in the amount shown any overpayment
Medicare taxes that were withheld and deposited by your
that you applied from filing Form 941-X or Form 944-X,
third-party sick pay payer with regard to sick pay paid by the
Adjusted Employer's ANNUAL Federal Tax Return or Claim
third party. These wages should be included on line 5a,
for Refund, in the current quarter.
line 5c, and, if the withholding threshold is met, line 5d. If
you’re the third-party sick pay payer, enter the adjustment for
14. Balance Due
any employer share of these taxes required to be paid by the
If line 12 is more than line 13, enter the difference on line 14.
employer.
Otherwise, see Overpayment, later.
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Instructions for Form 941-SS (Rev. 1-2017)
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