2011 Form 941 Changes

The IRS requires employers to file a quarterly payroll tax report on Form 941. This form has been changed in 2011 to reflect changes in employment laws. Here is the 2011 Form 941 (pdf).

An overview of the changes to the 2011 Form 941

  • The Tax Relief Act of 2010 reduced employee contributions to social security/Medicare taxes for 2011 only to 4.2%. This change is reflected in Line 5a.
  • The social security tax due on unreported tips has also been changed, from .124 multiplier to .104
  • The HIRE Act tax exemption for hiring previously unemployed workers expired December 31, 2010, so this credit is no longer available to employers. Lines 12c and 12d have been eliminated.
  • The Advance Earned Income Credit (EIC) is no longer available through employers. Individuals must now claim this credit on their own tax return. So lines 9 and 10 are no longer used for this adjustment.

Other changes to Form 941

  • Lines 6a - 6d have been shaded for reservation of future use. These are the lines previously used for the Hire Act reporting
  • Lines 7a - 10 have been renumbered
  • Lines 7a, 7b & 7c, originally used to report quarter adjustments of cents, sick pay, tips and group term life insurance, have been renumbered as lines 7 - 9
  • Line 8 was originally used for total taxes after adjustments and has been renumbered as line 10.

    Here is a copy of the 2011 Form 941 (pdf) and the instructions for 2011 941.

 

Form 941, including how to complete the form, when to file, where to file, and how to correct mistakes.