Form 941-X Worksheet 2. This worksheet 2 is applicable only for the second quarter of 2021. You will use worksheet 2 to make changes to the refundable portion of the employee tax credit that apply to qualified wages paid after march 12, 2020, and before july 1, 2021.
Worksheet 2 941x
Enter the calendar year of the quarter you’re correcting. Web worksheet 1 (included in the instructions to form 941) is used to calculate the nonrefundable portion and refundable portion of the erc. Use get form or simply click on the template preview to open it in the editor. You will use worksheet 2 to make changes to the refundable portion of the employee tax credit that apply to qualified wages paid after march 12, 2020, and before july 1, 2021. The june 2021 revision of form 941 should be used for the second, third, and fourth quarters of 2021. Use worksheet 1 for 941 3. These changes are based on form 8974 changes for the first quarter of 2023. What are the new changes in form 941 worksheets for 2023? This amount is originally found on form 941, like 13d. If changes in law require additional changes to form 941, the form and/or these instructions may be revised.
Instead of worksheet 1, worksheet 2 needs to be generated and completed to flow the ertc credits to the 941. 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. As of now, qb only generates worksheet 3. File irs form 941 8. You will use worksheet 2 to make changes to the refundable portion of the employee tax credit that apply to qualified wages paid after march 12, 2020, and before july 1, 2021. Credit for qualified sick and family leave wages paid this quarter of 2023 for leave taken after march 31, 2021, and before october 1, 2021.23 future developments for the latest information about developments related to form 941 and its instructions, such as legislation enacted This is reported on the revised form 941 worksheet 1. Use the cross or check marks in the top toolbar to select your answers in the list boxes. Check the one quarter you’re correcting. We tried this (since this is what i had to do during 1st qtr) but it wasn't allowing any overrides during 2nd qtr. This amount is originally found on form 941, like 13d.
