Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
I'm trying to create the IRS 941 - We are monthly depositor and QB Payroll is not entering the Monthly tax liabilities for Part 2 line 16. Where you have to separate out each month's amount to equal line 12.
What report could I run to get those numbers?
Thanks!
Solved! Go to Solution.
Welcome to QuickBooks Community, goldenvalleynd!
I know that you want to ensure that Form 941 is accurate. Let me assist you.
There is a report called Payroll Summary that shows us the amount per month and the total liability for the entire quarter. Please follow these steps on how to pull it up:
Once done, just ignore any negative signs and add up each column's amounts for Federal Withholding, Medicare Company, Medicare Employee, Social Security Company, and Social Security Employee taxes. The result should equal the amount per month and the total for the quarter.
You may also read the instructions regarding Form 941 provided by IRS by clicking this link: Instructions for Form 941 (Rev. June 2021).
Additionally, you may check this article: How QuickBooks populates the 941. This explains how the system fills out all the lines and boxes of the said form.
Do you need an additional payroll report? Here's an article for that: Excel based payroll reports.
Leave a comment below if you need further assistance with payroll forms. I'm here to help you!
When you run payroll details, you should be able to run for the month.
Welcome to QuickBooks Community, goldenvalleynd!
I know that you want to ensure that Form 941 is accurate. Let me assist you.
There is a report called Payroll Summary that shows us the amount per month and the total liability for the entire quarter. Please follow these steps on how to pull it up:
Once done, just ignore any negative signs and add up each column's amounts for Federal Withholding, Medicare Company, Medicare Employee, Social Security Company, and Social Security Employee taxes. The result should equal the amount per month and the total for the quarter.
You may also read the instructions regarding Form 941 provided by IRS by clicking this link: Instructions for Form 941 (Rev. June 2021).
Additionally, you may check this article: How QuickBooks populates the 941. This explains how the system fills out all the lines and boxes of the said form.
Do you need an additional payroll report? Here's an article for that: Excel based payroll reports.
Leave a comment below if you need further assistance with payroll forms. I'm here to help you!
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.
For more information visit our Security Center or to report suspicious websites you can contact us here