941 Form Instructions

Download and Print the Form 941 Instructions

Employer’s QUARTERLY Federal Tax Return

What’s New

Future developments. The IRS has created a page on IRS.gov for information about Form 941, at
www.irs.gov/form941.

Information about any future developments affecting Form 941 (such as legislation enacted after we release it) will be posted on that page.

Social security and Medicare tax for 2012.

The employee tax rate for social security is 4.2% and the employer tax rate for social security is 6.2%, unchanged from 2011.

The social security wage base limit is $110,100.

The Medicare tax rate is 1.45% each for the employee and employer, unchanged from 2011.

There is no wage base limit for Medicare tax.

Social security and Medicare taxes apply to the wages of household workers you pay $1,800 or more

in cash or an equivalent form of compensation in 2012.

Social security and Medicare taxes apply to election workers who are paid $1,500 or more in cash or

an equivalent form of compensation in 2012.

And more...