The 941 Tax Liability Report has been modified to display amounts from the 3RD PARTY SICK PAY deduction descriptions in a separate column. These deduction amounts should be added to the amounts in the Liability Amount column when completing the 941 quarterly report. Because the third party employee amounts were not actually withheld and deposited by your organization, you would then show them as an adjustment when reconciling tax liability with tax deposits.

1/27/2025 NEW RDA PROGRAMS RELEASED
Release notes for 4.1.5-46763 2024 IL W2 electronic file 2024 IA EFW2 electronic file 2024 WV EFW2 electronic file Correction for “RO” record of W2...
Read More...