Create Form 941 X

Form 941 X: What Is It?

A Form 941-X is also known as an Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund form. This form is used for tax filing purposes and will be sent to the United States Internal Revenue Service. This form must be filed four times a year by certain employers who withhold income tax, social security tax, and Medicare tax from their employees.

The taxpayer will need to have a lot of information about their business or company in order to completely fill out the form. This includes the EIN, or employer identification number. The form will also require employee information including how many employees work for the employer, what their wages are, and how much income tax, social security tax, and Medicare tax is withheld from the wages. This information will be used to assess the employer and calculate taxes owed or refunded.