Federal 941 Report

The Federal 941 Report is a federal report due quarterly. It is used to report an employer’s payroll tax liability.

Select the year you are reporting from the Calendar Year drop-down list.
Select the quarter you are reporting from the Calendar Quarter drop-down list.
If applicable, enter the information in the following fields:
- 2020 Quarter 1 and before:
  - Enter the amount in the Deposits and Prior Overpayments field.
  - Enter the amount in the Sick Pay Adjustments field.
  - Enter the payment assistance amount in the COBRA premium assistance payments field.
  - Enter the amount in the Number receiving COBRA assistance field.
- 2020 Quarter 2 and after:
  - Enter the amount in the Deposits and Prior Overpayments field.
  - Enter the amount in the Sick Pay Adjustments field.
  - If you had Federal leave related to the FFCRA, enter the related earnings amounts for each month in the Qualified Sick Leave Wages (FFCRA) field.
  - If you had Federal leave related to the FFCRA, enter the related earnings amounts for each month in the Qualified Family Leave Wages (FFCRA) field.
Click the button to create the report.

sample federal 941 report

School LINQ Help, updated 01/2021