[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-304408-105":53,"doc-detail-304408-en":127},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":120,"head_meta":122,"extra_data":124,"updated_unix":126},105,"en","instructions-for-form-941-employers-quarterly-federal-tax-return","Instructions for Form 941 - Employer’s Quarterly Federal Tax Return","","Instructions for Form 941 provide guidance for employers filing the Employer’s Quarterly Federal Tax Return, including references to relevant sections of the Internal Revenue Code. The text highlights 2026 updates to social security and Medicare tax rates and wage-base rules, new requirements for aggregate return filers, and operational changes such as direct deposit of refunds and electronic balance-due payments. It also explains availability of Form 941 return transcripts via IRS business tax accounts and discusses withholding rules tied to qualified tips and qualified overtime compensation.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/instructions-for-form-941-employers-quarterly-federal-tax-return/304408/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/instructions-for-form-941-employers-quarterly-federal-tax-return/304408.png","ImageObject",442,249,{"name":88,"@type":89},"Genevieve","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-01","2026-09-19",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",6,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"What changes to social security and Medicare taxes are noted for 2026?","Question",{"text":109,"@type":110},"For 2026, the social security tax rate is 6.2% for both employee and employer, with a wage base limit of $184,500. The Medicare tax rate is 1.45% for both employee and employer, with no wage base limit.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"How do aggregate return filers identify their filing type on Form 941?",{"text":114,"@type":110},"Aggregate return filers must use the new “Aggregate Return Filers Only” section on Form 941 to identify whether they are filing as a section 3504 agent, certified professional employer organization (CPEO), or other third party.",{"name":116,"@type":107,"acceptedAnswer":117},"How can employers receive a Form 941 refund and pay amounts due electronically?",{"text":118,"@type":110},"Direct deposit of Form 941 refunds is available, and balance due payments must be made electronically. The instructions refer to line 15b for direct deposit and line 14 for electronic payment details.","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},304408,1790207674,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":35,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":140,"read_time":101},1374391974585,"https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c","Instructions for Form 941  \n(Rev. March 2026)  \nEmployer’s QUARTERLY Federal Tax Return  \nSection references are to the Internal Revenue Code unless otherwise noted.  \nFuture Developments  \nFor the latest information about developments related to Form 941 and its instructions, such as legislation enacted after they were published, [go to](go to IRS.gov/Form941)[ ](go to IRS.gov/Form941)[IRS.gov/Form941](go to IRS.gov/Form941) .  \nWhat’s New  \nSocial security and Medicare taxes for 2026. The social security tax rate is 6.2% each for the employee and employer. The social security wage base limit is $184,500 .  \nThe Medicare tax rate is 1.45% each for the employee and employer, unchanged from 2025. There is no wage base limit for Medicare tax.  \nSocial security and Medicare taxes apply to the wages of household workers you pay $3,000 or more in cash wages in 2026. Social security and Medicare taxes apply to election workers who are paid $2,500 or more in cash or an equivalent form of compensation in 2026.  \nAggregate return filers must identify themselves.  \nAggregate return filers must use the new Aggregate Return Filers Only section on Form 941 to identify whether they’re filing an aggregate return as a section 3504 agent, certified professional employer organization (CPEO), or other third party. For more information about these types of aggregate return filers, see Certification program for professional employer organizations (PEOs) and Aggregate Form 941 filers , later. For more information about completing this new section on Form 941, see Aggregate Return Filers Only, later.  \nDirect deposit of Form 941 refund is now available.  \nExecutive Order (EO) 14247, Modernizing Payments To and From America’s Bank Account, issued on March 25, 2025, promotes operational efficiency by mandating the transition to electronic payments for all federal disbursements. Accordingly, the IRS will now issue Form 941 tax refunds by direct deposit. Direct deposit is a fast, simple, safe, and secure way to have your refund deposited automatically to your checking or savings account. Instead of a direct deposit refund, you can still choose to have your Form 941 overpayment applied to your next return by checking the appropriate box online 15b. For more information, see the instructions for line 15b and Direct Deposit, later.  \nMake balance due payments electronically. EO 14247 also promotes operational efficiency by mandating the transition to electronic payments for all payments made to the federal government. Therefore, pay your balance due on Form 941 electronically. There are several easy, safe, and secure ways to pay your balance due electronically. For more information, see the instructions for line 14 , later.  \nForm 941 return transcripts are now available electronically. You can now access your Form 941 return transcript for tax years 2023 and later using your IRS business tax account. For more information, go to [IRS.gov/BusinessTranscript](IRS.gov/BusinessTranscript. To access your)[. To access your](IRS.gov/BusinessTranscript. To access your) IRS business tax account, [go to](go to IRS.gov/BusinessAccount)[ ](go to IRS.gov/BusinessAccount)[IRS.gov/BusinessAccount](go to IRS.gov/BusinessAccount).  \nWithholding on qualified tips. For tax years beginning after 2024 and ending before 2029, P.L. 119-21, commonly known as the One Big Beautiful Bill Act, allows employees and self-employed individuals to deduct up to $25,000 of qualified tips received in occupations that customarily and regularly received tips on or before December 31, 2024, on their income tax returns. Qualified tips are cash tips, which include voluntary cash or charged tips received from customers or, in the case of employees, through tip-sharing arrangements. Mandatory service charges added to the bill are not qualified tips. Employers must use an employee’s updated Form W-4, Employee’s Withholding Certificate, if one is submitted by the employee, and the federal income tax ","cbCaihV9oREcjW2T","https://ap.wps.com/l/cbCaihV9oREcjW2T","pdf",284629,"English","# What’s New\n## Social security and Medicare taxes for 2026\n## Aggregate return filers\n## Direct deposit of Form 941 refund\n## Make balance due payments electronically\n## Form 941 return transcripts availability\n# Withholding guidance\n## Withholding on qualified tips\n## Withholding on qualified overtime compensation","[{\"question\":\"What changes to social security and Medicare taxes are noted for 2026?\",\"answer\":\"For 2026, the social security tax rate is 6.2% for both employee and employer, with a wage base limit of $184,500. The Medicare tax rate is 1.45% for both employee and employer, with no wage base limit.\"},{\"question\":\"How do aggregate return filers identify their filing type on Form 941?\",\"answer\":\"Aggregate return filers must use the new “Aggregate Return Filers Only” section on Form 941 to identify whether they are filing as a section 3504 agent, certified professional employer organization (CPEO), or other third party.\"},{\"question\":\"How can employers receive a Form 941 refund and pay amounts due electronically?\",\"answer\":\"Direct deposit of Form 941 refunds is available, and balance due payments must be made electronically. The instructions refer to line 15b for direct deposit and line 14 for electronic payment details.\"}]","Instructions for Form 941 - Employer’s Quarterly Federal Tax Return | PDF",1789812948]