Il 941 Form PDF Details

For employers in the United States, it is important to understand what an IRS Form 941 (Employer's Quarterly Federal Tax Return) is and why it needs to be submitted. This form is a critical part of your payroll process as employers are required to pay taxes on employee wages throughout the year. Understanding this federal tax return and how to properly file it starts with knowing what it is and why you need to do so. In this blog post, we'll discuss all things related to the IRS' 941 form, including its purpose, deadlines, information required when filing, potential penalties for not filing correctly or late compliance measures you can take if necessary.

QuestionAnswer
Form NameIl 941 Form
Form Length3 pages
Fillable?No
Fillable fields0
Avg. time to fill out45 sec
Other namesmytax illinois 941, state of illinois withholding tax forms, illinois withholding tax, il form

Form Preview Example

 

Illinois Department of Revenue

*71012211W*

 

 

 

 

Form IL-941

2021 Illinois Withholding Income Tax Return Instructions available at tax.illinois.gov

This form is required to be filed electronically. To request a waiver, complete and submit Form IL-900-EW. To file electronically, use MyTax Illinois at mytax.illinois.gov or an IDOR-approved Tax-Prep software program.

Step 1: Provide your information

 

Check this

Reporting Period

 

box if this is

 

 

 

your first

 

 

 

 

 

 

 

Check the quarter you are reporting.

 

 

 

return.

 

 

 

 

 

 

 

___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___

Check this

1st (January/February/ March)

Federal employer identification number (FEIN)

Seq. number

due April 30, 2021

box if your

 

 

 

____________________________________________________________

business

2nd (April/May/June)

name has

Business name

 

 

due August 2, 2021

 

 

changed.

____________________________________________________________

Check this

3rd (July/August/September)

due November 1, 2021

C/O

 

 

box if your

 

 

address

 

 

 

 

 

 

 

4th (October/November/December)

____________________________________________________________

has

 

 

 

 

changed.

due January 31, 2022

Mailing address

 

 

 

 

 

 

 

 

 

 

 

_______

__________________

 

 

 

 

 

 

City

State

ZIP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Step 2: Tell us about your business

 

 

 

 

 

 

 

A1 Enter the total number of Forms W-2 reporting Illinois withholding you issued for the entire year.*

A1 ________________

A2 Enter the total number of Forms 1099 reporting Illinois withholding you issued for the entire year.*

A2 ________________

*Only complete Lines A1 and A2 when you file your 4th quarter or final return.

BIf your business has permanently stopped withholding because it has closed, or you no longer pay Illinois wages or withhold Illinois taxes from other payments, check Box B and enter the date you stopped withholding. This is considered your final return. Do not file future

returns, unless you resume withholding Illinois income tax.

B

__ __ / __ __ / 2021

Step 3: Tell us about the amount subject to withholding

1Enter the total dollar amount subject to Illinois withholding tax this reporting period, including

payroll, compensation, and other amounts. See instructions.

1 _________________

Step 4: Tell us about the amount withheld

2Enter the exact amount of Illinois Income Tax you actually withheld from your employees or others on the date you paid the compensation. Only enter amounts on days you made withholding - leave the remaining “Day” lines blank. If you withheld no Illinois Income Tax during the month, enter “0” on the corresponding “Total” line - Line 2a, 2c, or 2d (noted by “”).

2a First month of quarter (i.e., January for 1st quarter; April for 2nd quarter; July for 3rd quarter; and October for 4th quarter)

Day Amount

Day Amount

Day Amount

Day Amount

1 ____________.___

9 ____________.___

17 ____________.___

25 ____________.___

2 ____________.___

10 ____________.___

18 ____________.___

26 ____________.___

3 ____________.___

11 ____________.___

19 ____________.___

27 ____________.___

4 ____________.___

12 ____________.___

20 ____________.___

28 ____________.___

5 ____________.___

13 ____________.___

21 ____________.___

29 ____________.___

6 ____________.___

14 ____________.___

22 ____________.___

30 ____________.___

7 ____________.___

15 ____________.___

23 ____________.___

31 ____________.___

8 ____________.___

16 ____________.___

24 ____________.___

 

Total Illinois Income Tax withheld this month. (Add Section 2a, Lines 1-31.)

2a ____________.___

Printed by the authority of the State of Illinois - web only, 1 copy.

Continue on the next page.

IL-941 Front (R-12/20)

This form is authorized as outlined under the Illinois Income Tax Act. Disclosure of this information is required. Failure to provide information could result in a penalty.

*71012212W*

Step 4: Continued

2b Enter the amount from Page 1, Step 4, Line 2a.

2b ____________.___

2c Second month of quarter (i.e., February for 1st quarter; May for 2nd quarter; August for 3rd quarter; and November for 4th quarter)

Day Amount

Day Amount

Day Amount

Day Amount

1 ____________.___

9 ____________.___

17 ____________.___

25 ____________.___

2 ____________.___

10 ____________.___

18 ____________.___

26 ____________.___

3 ____________.___

11 ____________.___

19 ____________.___

27 ____________.___

4 ____________.___

12 ____________.___

20 ____________.___

28 ____________.___

5 ____________.___

13 ____________.___

21 ____________.___

29 ____________.___

6 ____________.___

14 ____________.___

22 ____________.___

30 ____________.___

7 ____________.___

15 ____________.___

23 ____________.___

31 ____________.___

8 ____________.___

16 ____________.___

24 ____________.___

 

Total Illinois Income Tax withheld this month. (Add Section 2c, Lines 1-31.)

2c ____________.___

2d Third month of quarter (i.e., March for 1st quarter; June for 2nd quarter; September for 3rd quarter; and December for 4th quarter)

Day Amount

Day Amount

Day Amount

Day Amount

1 ____________.___

9 ____________.___

17 ____________.___

25 ____________.___

2 ____________.___

10 ____________.___

18 ____________.___

26 ____________.___

3 ____________.___

11 ____________.___

19 ____________.___

27 ____________.___

4 ____________.___

12 ____________.___

20 ____________.___

28 ____________.___

5 ____________.___

13 ____________.___

21 ____________.___

29 ____________.___

6 ____________.___

14 ____________.___

22 ____________.___

30 ____________.___

7 ____________.___

15 ____________.___

23 ____________.___

31 ____________.___

8 ____________.___

16 ____________.___

24 ____________.___

 

Total Illinois Income Tax withheld this month. (Add Section 2d, Lines 1-31.)

2d ____________.___

Add Lines 2b, 2c, and 2d and enter the total amount here. This is the total dollar amount of

 

Illinois Income Tax actually withheld from your employees or others for this quarter.

 

2 _________________

 

 

 

Step 5: Tell us about your payments and credits

 

 

3 Enter the amount of credit from the Schedule WC you are using this period. See instructions.

3 _________________

4Enter the total dollar amount of withholding payments you made to the Illinois Department of Revenue (IDOR) for this period. This includes all IL-501 payments (electronic and paper

coupons). Do not estimate this amount.

4 _________________

5 Add Lines 3 and 4 and enter the total amount here.

5 _________________

 

 

Step 6: Figure your balance

6If Line 2 is greater than Line 5, subtract Line 5 from Line 2. This is your remaining balance due. Make your payment electronically or make your remittance payable

to “Illinois Department of Revenue.” If Line 5 is greater than Line 2, see the instructions.

(Semi-weekly payers must pay electronically.)6 _________________

Step 7: Sign here Under penalties of perjury, I state that, to the best of my knowledge, this return is true, correct, and complete.

Sign

 

 

 

 

 

 

 

 

 

 

 

 

 

Check if the Department

 

 

 

 

 

 

Here

 

(

)

 

 

 

 

 

may discuss this return with the

 

Signature

Date (mm/dd/yyyy) Title

Phone

 

paid preparer shown in this step.

Paid

 

 

 

Check if

 

Paid preparer’s name

Paid preparer’s signature

Date (mm/dd/yyyy)

self-employed

Paid Preparer’s PTIN

Preparer

 

 

 

 

 

 

Use Only Firm’s name

 

Firm’s FEIN

(

)

 

Firm’s address

 

Firm’s phone

NS IR DR_______________ Mail to: ILLINOIS DEPARTMENT OF REVENUE

 

IL-941 Back (R-12/20)

PO BOX 19052

 

 

SPRINGFIELD IL 62794-9052

 

 

 

 

 

 

 

 

 

 

 

 

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1. First of all, when filling out the form il, beging with the section that features the following blanks:

Completing segment 1 of illinois tax quarterly

2. Right after this part is completed, go on to type in the applicable details in all these - a First month of quarter ie, Day Amount, Day Amount, Day Amount, Total Illinois Income Tax withheld, Printed by the authority of the, Continue on the next page, IL R, This form is authorized as, and Page of.

illinois tax quarterly writing process outlined (portion 2)

3. In this part, look at b Enter the amount from Page Step, Step Continued c Second month of, Total Illinois Income Tax withheld, d Third month of quarter ie March, and Day Amount Day Amount Day Amount. These need to be completed with utmost precision.

Filling in segment 3 of illinois tax quarterly

4. This particular subsection comes with the following blanks to look at: Total Illinois Income Tax withheld, Add Lines b c and d and enter the, Illinois Income Tax actually, Step Tell us about your payments, Enter the amount of credit from, Enter the total dollar amount of, Revenue IDOR for this period This, Step Figure your balance, If Line is greater than Line, Check if the Department may, Phone, Signature, Date mmddyyyy, and Title.

How you can fill out illinois tax quarterly stage 4

5. This pdf has to be finished by filling out this section. Here you can find a full listing of fields that have to be filled in with correct information to allow your document usage to be complete: Check if the Department may, Phone, Firms FEIN, Firms phone, Page of, Signature, Date mmddyyyy, Title, Paid preparers name, Paid preparers signature, Date mmddyyyy, Check if selfemployed, Paid Preparers PTIN, Paid Preparer Use Only, and Firms name.

Tips on how to fill in illinois tax quarterly step 5

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