This report contains information required to fill out Federal IRS Form 941.
Note: The data in this report is based on any information you enter in the Pay History window as well as MYOB AccountEdge payroll transactions.
More Details about the 941 Report
941 Report
1st Quarter
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Total Federal Wages and Tips (Box 2): |
$55,938.00 | ||||
Total Federal Tax Withheld (Box 3, 5): |
$10,940.79 | ||||
Total Social Security Wages (Box 6a): |
$58,746.00 |
* |
12.40% |
= |
$7,284.50 |
Total Social Security Tips (Box 6b): |
$0.00 |
* |
12.40% |
= |
$0.00 |
Total Medicare Wages and Tips (Box 7): |
$58,746.00 |
* |
2.90% |
= |
$1,703.63 |
Total Social Security and Medicare Tax (Box 8): |
$8,988.13 | ||||
Total Taxes Excluding Adjustments (Box 11): |
$19,928.92 | ||||
Advanced Earned Income Credit (Box 12): |
$0.00 | ||||
Net Taxes Excluding Adjustments (Box 13): |
$19,928.92 | ||||
941 Report - Sample Report