Form 941-X

(redirected from Forms 941X)

Form 941-X

A form a company files with the IRS to amend a previously filed Form 941, which is used to declare income and FICA taxes for employees.
References in periodicals archive ?
In some situations, clients have been able to file Forms 941X, Adjusted Employer's Quarterly Federal Tax Return or Claim for Refund, and W-2C, Corrected Wage and Tax Statement, to recapture the benefits of the special timing rule for deferred compensation vested in a prior open tax year.
Again, to the extent possible, clients have been able to submit Forms 941X and W-2C for prior open years, taking into account wages and vested deferred compensation for purposes of reporting and paying the FICA-HI tax.