Quarterly Payroll Tab: 941 / W2 Rec

941 / W2 Rec tab:  The purpose of this tab is to assist you in completing your quarterly 941 tax return and to reconcile the four 941 tax returns to the W2 at year end.  Recommended Reports to be utilized: 

• Posted Wage, Tax and Deduction Analysis 
• Posted Wage Deduction Detail Report 

The applied wages can be extracted from either of the two recommended reports 

Enter the applicable information in the tab and click Save and Calculate

Attach copies of the reports that you utilized by clicking on the Docs button at the top of the column for the appropriate quarter.  Attach a copy of the 941 that you filed with the Internal Revenue Service for future reference. 

After you have attached a copy of the 941, you can change the status to Submitted and then click on the Save button.

At year end you can utilize this tab to complete your 4th quarter 941 report and to reconcile all four 941 reports to your W2 file.  The last column for "Year" shows the year-end reconciliation numbers and provides a Docs button to attach your year-end reconciliation documents.