When Are Quarterly Taxes Due 2024 941

When Are Quarterly Taxes Due 2024 941. Employers must file irs form 941, employer's quarterly federal tax return, to report the federal income taxes withheld from employees, and employers' part of social security. Avoid a penalty by filing and paying your tax by the due date, even if you can’t pay what you owe.

You’ll report withholding amounts for federal income taxes and fica. You must follow a monthly deposit schedule if your total taxes on form 941, line 12, for the four quarters in your irs lookback period are $50,000 or less.