Why can't I complete the 941 Schedule B?

There cannot be data in the Monthly Schedule depositor section of the 941, line 16 and on the Schedule B.  Monthly scheduled depositors should use only line 16 of the 941.  Semi-weekly depositors must use the Schedule B.

Monthly schedule depositors

  1. Go to form 941, select page 2.
  2. Choose the option "You were a monthly schedule depositor for the entire quarter" on line 16.
  3. Enter the tax liability for each month.
  4. Verify data entered matches line 12 of the 941.
  5. When finished entering data, click Save and then Next.

Semi-weekly schedule depositors

  1. Go to form 941, select page 2.
  2. Choose the option "You were a semiweekly schedule depositor for any part of this quarter" on line 16.
  3. Select the Data Entry Sch. B tab and enter the daily tax liability for each month of the quarter.
  4. Verify the data entered matches line 12 of the 941.
  5. When finished entering data, click Save and then Next.
Was this article helpful?
0 out of 0 found this helpful