1st Quarter 2024 941. Form 941 is an irs tax form used by employers to report federal income taxes, social security tax, or medicare tax withheld from each employee's paychecks. Employers pay these taxes via the electronic federal tax payment system (eftps) semiweekly, monthly, or quarterly.

Irs form 941 is how employers report how much they withheld from employees’ paychecks each quarter. Where to file your taxes for form 941.