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Form 941 PR Rev January  Employer's Quarterly Federal Tax Return Puerto Rican Version  Ftp Irs

Form 941 PR Rev January Employer's Quarterly Federal Tax Return Puerto Rican Version Ftp Irs

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Video instructions and help with filling out and completing Form 941 PR Rev January Employer's Quarterly Federal Tax Return Puerto Rican Version Ftp Irs

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Instructions and help about form 941 pr

all right for this video I want to go through a sample form 941 which is an employer quarterly federal payroll tax return and in this example we're going to look at a 941 filing for an S corporation where the sole shareholder is the only employee so the 941 could be filed for a lot of different kinds of businesses that have payroll but in this example we want to look at a scenario where we have a 100% owner of an escort operation he's the only employee so how does he do his 941s now we've got one slide here covering some background on the 941 in the fact pattern we've got the 941 for the first quarter of 2024 and then I've got uh one Excel workbook here showing how we're calculating his compensation for each month the quarter and then the yearly totals and on all the taxes that need to come out of those paychecks so if we start with the one slide here covering some of the background this 941 is a quarterly federal return so it's f

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