23 Changes To 2nd Quarter IRS Form 941 

23 Changes To 2nd Quarter 941

Jul 02, 2021

23 941 Changes Header Graphic.png

Aatrix eFile makes payroll tax compliance simple by researching the new requirements, modifying the forms, and updating your payroll solution. We ensure the most current forms for every filing, eliminating the risks of fines or penalties. Aatrix provides a safe and reliable payroll tax reporting solution.

Many of the changes to the IRS Form 941 for the second quarter are in response to the American Rescue Plan, passed earlier this year. One of the most noticeable changes to the form is the lines that capture information related to the COBRA Premium Assistance Credit. There are also some changes due to the extension and amendment of the qualified sick and family leave credit and employee retention credit.

Aatrix Has You Covered

  • Aatrix has updated the 941 Form to include 10 new lines and the 13 revised or renumbered lines.
  • Aatrix has tested the new form, and it's ready for 2nd quarter filing.
  • Select the 941 from within your payroll solution and Click eFile!

Details Of IRS Form 941 Changes

Among the changes to Part 1:

  • Additional instructions for Lines 5a, 5a(i), and 5a(ii) were added: “Include taxable qualified sick and family leave wages for leave taken after March 31, 2021, on line 5a. Use lines 5a(i) and 5a(ii) only for wages paid after March 31, 2020, for leave taken before April 1, 2021.”
  • Line 11b: Nonrefundable portion of the credit for qualified sick and family leave wages for leave taken before April 1, 2021. This line previously was used to report the non-refundable portion of the credits regardless of when the attributable leave was taken.
  • Line 11d: Nonrefundable portion of the credit for qualified sick and family leave wages for leave taken after March 31, 2021. This line previously was used to report the total amount of nonrefundable credits.
  • Line 11e (new): Non-refundable portion of COBRA premium assistance credit.
  • Line 11f (new): Number of individuals provided COBRA premium assistance.
  • Line 11g (new): Total nonrefundable credits. Add lines 11a, 11b, 11c, 11d, and 11e.
  • Line 12: This line was revised to report the result of subtracting the amount on Line 11g from Line 10. Previously, the line required subtracting the amount on Line 11d from Line 10.
  • Line 13c: Refundable portion of the credit for qualified sick and family leave wages for leave taken before April 1, 2021. This line previously was used to report the refundable portion of the credits regardless of when the attributable leave was taken.
  • Line 13e: Refundable portion of the credit for qualified sick and family leave wages for leave taken after March 31, 2021. This line previously was used to report the total amount of deposits and refundable credits.
  • Line 13f: Refundable portion of COBRA premium assistance credit. This line previously was used to report total advances received from filing Form(s) 7200 for the quarter.
  • Line 13g: Total deposits and refundable credits. Add lines 13a, 13c, 13d, 13e, and 13f. This line previously was used to report total deposits and refundable credits less advances.
  • Line 13h (new): Total advances received from filing Form(s) 7200 for the quarter. This information previously was reported using Line 13f.
  • Line 13i (new): Subtract line 13h from line 13g to determine total deposits and refundable credits less advances. This information previously was reported using Line 13g and was determined by subtracting the amount from Line 13f from Line 13e. Among the changes to Part 3:Line 18a (new): Check the box if you’re a seasonal employer and you don’t have to file a return for every quarter of the year.

Among the changes to Part 2:

  • Line 18b (new): Check the box if you’re eligible for the employee retention credit solely because your business is a recovery startup business.
  • Line 19: Qualified health plan expenses allocable to qualified sick leave wages for leave taken before April 1, 2021. This line previously was used to report qualified health plan expenses allocable to qualified sick leave wages regardless of when the attributable leave was taken.
  • Line 20: Qualified health plan expenses allocable to qualified family leave wages for leave taken before April 1, 2021. This line previously was used to report qualified health plan expenses allocable to qualified family leave wages regardless of when the attributable leave was taken.
  • Line 22: This line was revised to clarify that it is to report qualified health plan expenses for the employee retention credit.
  • Line 23: Qualified sick leave wages for leave taken after March 31, 2021. This line previously was used to report the amount of the credit from Form 5884-C, line 11, for the reported quarter.
  • Line 24: Qualified health plan expenses allocable to qualified sick leave wages reported on Line 23. This line previously was indicated as reserved for future use.
  • Line 25: Amounts under certain collectively bargained agreements allocable to qualified sick leave wages reported on Line 23. This line previously was indicated as reserved for future use.
  • Line 26 (new): Qualified family leave wages for leave taken after March 31, 2021.
  • Line 27 (new): Qualified health plan expenses allocable to qualified family leave wages reported on line 26.
  • Line 28 (new): Amounts under certain collectively bargained agreements allocable to qualified family leave wages reported on line 26.
 

Find out if Aatrix eFile is supported by your payroll solution.





Category List


Tag List

1099 (1)
eFile (4)
Forms (1)
Ultimate Payroll (1)
1099-G (1)
Sage (1)
Windows (3)
Secure eFiling (2)
Future (1)
2020 IRS Form W-2 (2)
IRS Tax Forms (1)
Rebranding (1)
Child Tax Credit (1)
Employee Retention Credit (1)
SOC2 (4)
TIN Matching (2)
CIO Review (3)
Tax (2)
CP2100 (2)
Payroll Tax (3)
IRS Form 941 (3)
1095-B (2)
ACA eFiling (3)
Security (5)
IRS Form 941 & 940 changes (2)
Payments (1)
Aatrix eFile (8)
The Families First Coronavirus Response Act (1)
American Rescue Plan (1)
State Payroll Reports (1)
Federal Payroll Reports (1)
CIO (3)
1094-C (2)
Enterprise (2)
COVID-19 (5)
ACA Reporting (3)
Payroll Tax Forms (3)
Compliance (5)
CV Technology Innovator Awards (1)
Social Security Number Verification (3)
Company Of The Year (1)
Accountant Shortage (1)
State (1)
IRS 941 Form (1)
Payroll Reporting (12)
Sage 300 CRE (1)
Tax Return (1)
1099 TIN Matching (2)
Accounting Solutions Provider (2)
Sage Summit 2015 (1)
unemployment (2)
IRS Form 7200 (1)
Recruiting & Retention (3)
IRS Form 941 Changes (2)
Sage Solutions Provider (1)
Top Software (1)
irstaxtip (1)
Reports (1)
Sponsorship (1)
Payroll Solution (6)
ACA e-filing (3)
Safe eFiling (1)
Payroll Tax Relief (1)
TUG (1)
Human Resource (1)
IRS Form W-3C (1)
New Hire Reporting (1)
SMBs (1)
Solution (3)
Millennials (2)
Payroll Tax Reporting (5)
CV Magazine (1)
Mac (1)
Assessment (4)
Coronavirus Aid (2)
Staff (1)
Economic Security Act (1)
Payroll Reports (11)
Top 50 (1)
Affordable Care Act (3)
Year-End Deadlines (1)
W-2 (1)
Tax Identification Number Verification (2)
IRS Notice 931 (1)
covid (1)
ACA Compliance (3)
Paycheck Protection Program (1)
Technology Companies (2)
Web Forms (1)
e-Filing (1)
employee retention (2)
Review (2)
HR (1)
IRS Form 1099 NEC (3)
Innovation (2)
Families First Coronavirus Response Act (1)
Reporting (1)
cyber attacks (1)
Sage Summit (2)
Technology (3)
Aatrix Software (9)
Awards (1)
Payroll (14)
e-File (1)
ACA 1095 C&B requirements (2)
1094-B (2)
Payroll Software (6)
workplace dynamics (2)
1099 NEC (2)
B-Notice (2)
Coronavirus (2)
1099 G (1)
Accounting Solutions (2)
ACA (4)
Infrastructure (1)
New Logo (1)
SOC3 (2)
Top 100 (2)
payroll reporting changes (2)
Sage Solutions (1)
Growth (1)
eFiling (3)
Aatrix Software, Inc. (5)
Small Business (2)
Form 941 (1)
Filing (1)
IRS 7200 Tax Form (1)
IRS Form W-2 (5)
Medical Leave (1)
OEM Payroll (1)
Improvements (1)
EEO-1 (1)
Cloud (1)
Tax Identification Number (2)
Top 10 (3)
IRS Form 1099 (3)
Solutions (2)
remote office (2)
IRS 7200 Form (1)
Sage Summit 2014 (1)
Aatrix (6)
work from home (1)
HIPAA (4)
IRS (1)
Initiatives (1)
vaccine (2)
1095-C (2)
Sick Leave (1)
IRS 1099 NEC Form (2)
Payroll Compliance (3)
Federal (1)
CA Pay Data Report (1)
TIN Matching Services (2)
eFiling Thresholds (1)

Tag Cloud

remote officeSage 300 CRECV MagazineIRS Form 941Accountant ShortageSolutionsIRS 1099 NEC Form1099 NECTax Identification NumberCloudAssessmentState Payroll Reports1099 GStateAatrixAccounting Solutions ProviderTop 50HRPayroll SoftwareIRS Form 1099SMBsReportsCA Pay Data ReportSmall BusinessACASage Solutions Provider1095-BEEO-1Safe eFilingGrowthAffordable Care ActW-2EnterpriseComplianceFederal Payroll ReportsWindowsInitiativesIRS Form 941 & 940 changesIRS Form 941 Changese-Filing1099-GACA ComplianceTax2020 IRS Form W-2Infrastructureemployee retentionSolutionReviewCoronaviruseFileIRS 7200 FormImprovementse-FileFormsTechnologyirstaxtipPaymentsSocial Security Number Verification1094-C1099 TIN Matchingworkplace dynamicsIRS Notice 931Payroll ReportsFilingReportingIRSIRS Form W-2IRS Tax Formspayroll reporting changesTax Identification Number VerificationSage SummitHIPAAChild Tax CreditCompany Of The YearTUGStaffTop SoftwareACA ReportingSOC3Sick LeavevaccinePayroll Tax Reliefwork from homeInnovationTechnology CompaniesSOC2ACA eFilingFutureAatrix SoftwareNew Hire ReportingHuman ResourceSecurityAatrix Software, Inc.Aatrix eFileeFiling ThresholdsSage SolutionsPayroll ComplianceNew LogoAmerican Rescue PlanIRS Form 1099 NECPayrollTop 100Sage Summit 2015Payroll Tax FormsMedical LeaveAccounting SolutionsSage1095-CTIN MatchingRebrandingEmployee Retention CreditPaycheck Protection ProgramCV Technology Innovator AwardsMac1099IRS Form 7200covidPayroll TaxIRS 7200 Tax FormFederalSage Summit 2014IRS 941 FormThe Families First Coronavirus Response ActRecruiting & RetentionPayroll SolutionB-NoticePayroll Tax ReportingACA 1095 C&B requirementsFamilies First Coronavirus Response ActSecure eFilingMillennialsIRS Form W-3CACA e-filingAwards1094-BTax ReturnEconomic Security ActWeb FormsYear-End DeadlinesCoronavirus AidCOVID-19CP2100OEM PayrollPayroll ReportingTop 10CIOUltimate PayrollSponsorshipunemploymenteFilingTIN Matching Servicescyber attacksCIO ReviewForm 941


Archive