Payroll Tax Forms: What Is Form 941 And Why Must You File It?

Payroll Tax Forms: What Is Form 941 And Why Must You File It

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If you are entitled to a refund, you can request the IRS to send you a check or you can authorize the IRS to keep the refund and apply it to the next quarter's payroll tax liability. If you have a balance due, you should remit a payment with the return, also enclosing payment voucher Form 941-V.

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