Are there any changes in Form 941 for the 3rd quarter?
402 views | Last modified 3/3/2023 8:20:41 AM EST | Added by 123PayStubs Team

Yes, the IRS has revised Form 941 for Quarter 3, 2021. The changes in Form 941 for the 3rd quarter of 2021 are as follows:

Worksheet 4 - This worksheet will be used by employers to calculate their refundable and nonrefundable portions of the employee retention credit (ECR).

Line 18b - If you’re eligible for the employee retention credit solely because your business is a recovery startup business. Check this box if you are a recovery startup business. By doing this, you can claim a total of $50,000 for Quarter 3, 2021.

Was this helpful? Yes No

Create Pay Stub using our
Paystub Maker

Create Paystub Now

Returning User? Sign in

Couldn't find what you
are looking for?

Contact Us

[email protected]