File with confidence. Rev. <>/MediaBox[0 0 612 792]/Parent 5660 0 R/Resources<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> =GyMk)kB!GWkT6w\gfGgE@ For example: If your tax credit certificate states that the tax credit issued date is "February 24, 2021," the credit is applied to the first quarter of 2021 (IL-941 for period January 1 through March 31, 2021, due April 30, 2021). E${ In the new form, there is a new Worksheet. claimed on Form 8974 and any credit to be claimed on Form 5884-C and/or Form 5884-D 1a If you completed Worksheet 1 for the second quarter of 2021 to claim a credit for qualified sick and family leave wages for leave taken before April 1, 2021, enter the amount from . Payment Voucher. The deadline to file this form for the third quarter is November 2, 2020, that's just over two weeks away.. 15. Using Worksheet 4 to Update Form 941X: Qualified Wages. Related:General Instructions for Forms W-2 and W-3PDF. Form 941-X. Employer identification number . Proc. Spanish Versions:Form W-7 (SP)PDFInstructions for Form W-7 (SP)PDF. 1213 0 obj
<>/Filter/FlateDecode/ID[<873E7F1213EB604C84F6B59022109C5E>]/Index[1173 134]/Info 1172 0 R/Length 130/Prev 827532/Root 1174 0 R/Size 1307/Type/XRef/W[1 2 1]>>stream
5215 0 obj Enter the amount of your payment. 5 cy 1099-MISC 2017. All your worksheet information will be auto-populated from your information. 3551 0 obj Forms 941-X for the applicable 2020 quarter in which qualified wages were paid up to 3 years after the original filing deadline. Before you begin: 1. hbbd```b``"H [> _fOl e`dVF6 H2V% lc`v.z${e`bd eF")z}} x
. If you are an employer who files the Quarterly Employment Tax Form to the IRS, you should be aware of Worksheet 1. The credits under sections 3131 and . 3548 0 obj Employers who claim refundable tax credits due to COVID-19 must use this worksheet. April 1, 2021. Lets see what should be done in each step. Click on column heading to sort the list. hbbd``b`vb& s <>/Filter/FlateDecode/ID[<0CAD3D3E43AB3DC9E41DA820DAB2C621><2D50B4286BB4B2110A00B06D5261FC7F>]/Index[5665 156]/Info 5664 0 R/Length 135/Prev 461936/Root 5666 0 R/Size 5821/Type/XRef/W[1 3 1]>>stream
OMB No. <> Follow these simple actions to get IRS 941 completely ready for submitting: Find the sample you require in our library of legal templates. 1 Pacific Adventist University Application Form For 2014 The Encyclopaedia of Forms and Precedents - Aug 17 2020 Outstanding Books for the College Bound - Sep 29 2021 More than simply a vital collection development tool, this book can help librarians help young adults grow into the kind of independent readers and thinkers who will flourish at . These amounts are calculated using Worksheet 1 (page 14 of Form 941 instructions). Don t staple Form 941-V or your There are five parts that need to be completed on Revised Form 941: Part 1 This quarter (taxes and wages) Part 2 Your deposit schedule and tax liability for this quarter. 1099-MISC 2020. For 2020, the ERC can be claimed by eligible employers who paid qualified wages after March 12, 2020, and before January 1, 2021, and who experienced a full or partial suspension of their operations or a significant decline in gross receipts ("eligible employers"). Home; For Business. Annual income tax return filed by citizens or residents of the United States. BG[uA;{JFj_.zjqu)Q The IRS released the final instructions for the updated Form 941 in June of 2022, ahead of the second quarter's end. 1. Form 941 has been revised to allow employers that defer the withholding and payment of the employee share of social security tax on wages paid on or after September 1, 2020, to include the deferral on Form 941 and electronic file; Form 943-X; Form 944-X; Forms W-2 and W-3 for 2023 (all copies except for the black-and-white version of Copy A and W-3) State. hZkSFOo
CTjRR@0L\Y2H2~wmIX&dwes+wkI6"ZU4MdH8,c3,A-IZp-D@ In DAS 2021, a different version of the worksheet is specific to Quarter 2021. 1931 0 obj
<>
endobj
Form 941-X has been revised to allow for correcting the deferred amount of the employee share of social security tax on wages paid on or after September 1, 2020, and before January 1, 2021. Worksheet 2 should be used by employers to calculate the Employee Retention Credit for the Second Quarter of 2021 Only (Wages Paid After . 0
The IRS initially revised Form 941 for quarter 2, 2020, to accommodate the relief measures announced by the government to overcome the pandemic. If you are required to make deposits electronically but do not wish to use the EFTPS . 2. Employee's Withholding Certificate endstream
endobj
871 0 obj
<>stream
Used to request a taxpayer identification number (TIN) for reporting on an information return the amount paid. Select a category (column heading) in the drop down. Employers must file a Form W-2 for each employee from whom Income, social security, or Medicare tax was withheld. 5692 0 obj Heres how to file Form 941 by completing Worksheet 1 through ExpressEfile: Once your Form 941 has been processed by the IRS, youll receive an email with the status of your return. Don t send cash. . Any refundable portion of the credit is claimed on line 13d. l}1q$%Jl~9SfR\uVT~2d-@p(H /O9M*|nx6n`"PvB
For 2020, qualified wages and expenses are capped at $10,000 per employee for the year and the credit is up to 50 percent of that amount, so you can claim up to $5,000 worth of credits per employee (again, for the entire year). For correction on the non-refundable part of the Credit qualified wages paid between March 12 and July 1, check Line 11c on Form 941 for the actual amount you filed. To claim the Employee Retention Credit as a refund on Form 941-X: a. 941 form 2020 Don t use Form 941-V to make federal tax deposits. 5086 0 obj 2. If you don't have an EIN, you may apply for one online by After March 12, 2020, and before Jan. 1, 2021, After Dec. 31, 2020, and before July 1, 2021, After June 30, 2021, and before Oct. 1, 2021, After Sept. 30, 2021 and before Jan. 1, 2022. Enter your employer identification number (EIN). %%EOF e SX$!*e0 The 18 new lines on the finalized version of the revised Form . @e@e 5X55p^ innC@}[jHl8[]E_/[ga'M#"@z4eGNwsr==_,8-rK8Lht(3RNo]@ r
<>/Filter/FlateDecode/ID[<5FFAF72E3E63F88241B4DF54E6721D33><3AE431F059B6B2110A00F0BF9B9EFD7F>]/Index[3548 132]/Info 3547 0 R/Length 124/Prev 344482/Root 3549 0 R/Size 3680/Type/XRef/W[1 3 1]>>stream
The Credit for Sick & Family Leave Wages and Employee Retention Credit (Worksheet1) is designed to accompany the newly revised Form 941 for the second quarter of 2020 and beyond. <> Based on 757 Facebook reviews. You Can Claim the Employee Retention Credit for 2020 on the 4th Quarter Form 941 -- 22-JAN-2021, Form W-2 Reporting of Employee Social Security Tax Deferred under Notice 2020-65 -- 29-OCT-2020, Changes to Reporting Tax Liabilities if you Claim Certain Nonrefundable Credits -- 16-SEP-2020, Failure to deposit penalties on some employers claiming new tax credits -- AUG-21-2020, Temporary Efile Waiver for CPEOs (Notice 2020-35)PDF-- 01-JUN-2020, Impact of Recent COVID-19 Legislation on Employment Taxes -- 05-MAY-2020, IRS COVID-19 New FAQs on Sick Leave and Family Leave, Employee Retention Credit for Employers Subject to Closure Due to COVID-19 Crisis -- 03- APR-2020. 5665 0 obj <>stream
The simple answer to this question is the Employee Retention Credit Worksheet 2021. For details see News Release IR-2023-40, IRS issues renewed warning on Employee Retention Credit claims; false claims generate compliance risk for people and businesses claiming credit improperly and COVID Tax Tip 2022-170. Employer Identification Number (EIN): Enter your business's 9-digit EIN. 12/13/2022. %PDF-1.7
%
endstream
endobj
startxref
The IRS rejects many paper-filed 941 forms due to the errors in returns. Accumulated a tax liability of $100,000 or more on any given day in the current or prior calendar year. 3549 0 obj 9{AxU,|I@`L[>WFCcQ|':?06?0H@-w~(84Wnxf rx!lt|,9UrO+K!CpopAG[.oe~&-}jyT\Blrp #QxkU9o)`w 0^4D\eP3",JC(aL0P!% bTaZa 3p@xC0@LPq ({vdbhk$)_ -*TIOAap` File for 2020 & 2019 tax year. 913 0 obj
<>/Filter/FlateDecode/ID[<177CE29736A21C4384AE61101B8AA19E>]/Index[867 145]/Info 866 0 R/Length 128/Prev 809727/Root 868 0 R/Size 1012/Type/XRef/W[1 2 1]>>stream
above Part 1 on Form 941. Adjusted Employer's Quarterly Federal Tax Return or Claim for Refund. hbbd``b`'A=
"@ "nc$p@\&H"A@ V`~
"AF r Combine the amounts from Form 1040, lines 1, 2b, 3b, 4b . endobj hbbd```b``A$j09 Dr,!Z The Employee Retention Credit Frequently Asked Questions provide historical information about the credit and do not reflect the current status of the credit. The worksheet for calculating coronavirus-related employment tax credits was updated in the finalized instructions for the 2021 Form 941, Employer's Quarterly Federal Tax Return, released March 9 by the Internal . To learn more about calculation of Employee Retention Credit. Only recovery startup businesses are eligible for the ERC in the fourth quarter of 2021. If you have more than 15 clients, complete as many continuation sheets as necessary. Instructions for Form 941-X (PR), Adjusted Employer's Quarterly Federal Tax Return or Claim for Refund (Puerto Rico Version) 0422 06/29/2022 . Join Larry Gray as he gives you guidance line by line . Employers who file Form 941, Employer's QUARTERLY Federal Tax Return, must file the revised form with COVID-19 changes from Quarter 2 of 2020.Now, IRS has revised the Form 941 for Q2 2021, which the filers must use for the second quarter of 2021. 2020: Q2 (March 13, 2020 to June 30, 2020), Q3 (July 1, 2020 to September 30, 2020), and Q4 (October 1, 2020 to December 31, 2020). endstream
endobj
870 0 obj
<>stream
For ERC Worksheet Assistance, Contact ERC Today. Checkout this video to know how to complete the 941 Worksheet 1. )SI{ 0BO|cEs}Oq""TV}c`u-hSwi8J", Use Worksheet 1 For 941. Corrections to amounts reported on Form 941, lines 'u s1 ^
Prepare & E-file updated New Form 941 online to the IRS with COVID-19 changes at just $4.95. Beginning with the second quarter 2020 Form 941, the form has been updated to include Worksheet 1 (on page 5) that is used to calculate the credits. !6VQ-L:Ye,LFA-rMLbCwxR?.et(_AID_^Ubbh8~1>|dV'ib;d`.yyez0S].V'E]lzshIrT6C+.jSZRx=[n+Iqh?-`o98>z1oz3^ly9
G=lA6jR1CF } V7@H){ $8J_? N
File your Form 941 by completing the Worksheet 1 through ExpressEfile now for the lowest price in the industry, only $3.99/return. So, from quarter 2, 2020, employers must file the revised Form 941. Instructions for Form 941, Employer's Quarterly Federal Tax Return, Employer's Quarterly Federal Tax Return (Puerto Rico Version), Instructions for Form 941 (PR), Employer's Quarterly Federal Tax Return (Puerto Rico Version), Registro de la Obligacion Contributiva para los Depositantes de Itinerario Bisemanal, Instructions for Schedule B (Form 941) (PR), Report of Tax Liability for Semiweekly Schedule Depositors (Puerto Rico Version), Report of Tax Liability for Semiweekly Schedule Depositors, Instructions for Schedule B (Form 941), Report of Tax Liability for Semiweekly Schedule Depositors, Report of Discrepancies Caused by Acquisitions, Statutory Mergers, or Consolidations, Instructions for Schedule D (Form 941), Report of Discrepancies Caused by Acquisitions, Statutory Mergers, or Consolidations, Allocation Schedule for Aggregate Form 941 Filers, Instructions for Schedule R (Form 941), Allocation Schedule for Aggregate Form 941 Filers, Employer's Quarterly Federal Tax Return - American Samoa, Guam, the Commonwealth of the Northern Mariana Islands, and the U.S. Virgin Islands, Instructions for Form 941-SS, Employer's Quarterly Federal Tax Return - American Samoa, Guam, the Commonwealth of the Northern Mariana Islands, and the U.S. Virgin Islands, Adjusted Employer's Quarterly Federal Tax Return or Claim for Refund, Instructions for Form 941-X, Adjusted Employer's Quarterly Federal Tax Return or Claim for Refund, Adjusted Employer's Quarterly Federal Tax Return or Claim for Refund (Puerto Rico Version), Instructions for Form 941-X (PR), Adjusted Employer's Quarterly Federal Tax Return or Claim for Refund (Puerto Rico Version), Credit for Small Employer Health Insurance Premiums, Instructions for Form 8941, Credit for Small Employer Health Insurance Premiums. Download 941 worksheet 1, 2022 template now to calculate COVID-19 tax credits automatically. 5088 0 obj Eligible wages per employee max out at $10,000, so the maximum credit for eligible wages paid to any employee during 2020 is $5,000. See all reviews. Hn0} Employers use Schedule D (Form 941) to explain certain discrepancies between Forms W-2, Wage and Tax Statement, and Forms 941, Employer's QUARTERLY Federal Tax Return, for the totals of: Schedule D (Form 941)PDFInstructions for Schedule D (Form 941)PDFAll Schedule D (Form 941) Revisions. startxref Employer's Quarterly Federal Tax Return. Prior revisions of Form 941 are available at IRS.gov/Form941 (select the link for . "K EX~Y7W;_m{E2z],1IUygfXf)(1$],1E2/,%Y+JyiTT6 -K4pnF!OOn{{vDGg:~:[E-$%2zN!p) D-. 3550 0 obj Switch to e-filing and reduce the chances of rejection. G!Qj)hLN';;i2Gt#&'' 0
Any employer who files the Quarterly Employment Tax Form to the IRS under CARES Act and Employees Retention Credit should use this Worksheet. <> endobj October 2020) for coro-navirus (COVID-19) related tax relief. You are a semiweekly depositor if you: Schedule B (Form 941)PDFInstructions for Schedule B (Form 941)PDFAll Schedule B (Form 941) Revisions. 0422. The deadline to file Form 941, Employer's Quarterly Federal Tax Return, is creeping up on us! %PDF-1.7
%
'54^
! 5. %%EOF
hZr6{t2 A ;r$I:is#Ht>X MYsN5@`\ bJr8Jr#rHf)V(
VlJ)`OrG"IaEFI[APQ ISMGiYJ5Y! 0qPWp:dW5 ;6V]BpJ#@DE"?Fo=+57]>>=@^{"p5yM~'A}t`)6ts(T^ `p]~@5zPn/VO=RB;#Gkj@!bg~7s}f You can easily complete Worksheet 1 without worrying about errors if you choose to e-file Form 941 using ExpressEfile.E-file Form 941 Now. hbbd``b`U g}"c'
.#\Wd`.,m {_XAbl 6+$'
HvX@H^ d(1c i
s+%
V6a~B{-e6yMTP&b>?O~-A/,'iq3$v,nGu>vG7j.nCoRF'q]N{yUP+w:]<9l{zr/ endobj For example, if you are filing the Form for the first quarter of 2022 & 2023 tax year, put an "X" in the box next to "January, February, March.". 4+t?1zxn
nmZn5&xUAX5N(;a,r}=YUUA?z r[ $
Title: Instructions for Form 941 (Rev. By completing this step, you can determine the remaining employer share of social security tax excluding the credits claimed on Form 8974 and credits to be claimed on Form 5884-C and/or 5884-D. To do so, add Form 941, Part 1, line 5a, column 2, and Form 941, Part 1, line 5b, column 2. Specific Instructions Box 1Employer identification number (EIN). hb```b``g`e` @16
N-@Dp lRvBCCH@B,Y72J 3Cn
KTY.MMP9;//zvw2n("hr%" n&`*@3yGI~lQv 1a Enter the amount of Medicare tax from Form 941, Part 1, line 5c, column . It's just a calculator to help you calculate your ERC while filling . Select a category ( column heading ) in the industry, only $ 3.99/return and reduce the chances rejection! E0 the 18 new lines on the finalized version of the United States for.... Select the link for recovery startup businesses are eligible for the lowest price in fourth! Sp ) PDF aware of Worksheet 1, 2022 template now to calculate the Employee Retention Credit a! Medicare tax was withheld simple irs form 941 worksheet 1 2020 to this question is the Employee Retention Credit Worksheet 2021 PDF-1.7 % endobj... Revised Form 941 COVID-19 ) related tax relief Box 1Employer Identification Number ( EIN ) must use this.! Price in the fourth quarter of 2021 due to COVID-19 must use this Worksheet Medicare tax was withheld 18 lines! Whom income, social security, or Medicare tax was withheld Forms W-2 and W-3PDF finalized version of revised! Each Employee from whom income, social security, or Medicare tax was.... Select the link for % PDF-1.7 % endstream endobj 870 0 obj < > endobj 2020! Security, or Medicare tax was withheld > endobj October 2020 ) for coro-navirus ( COVID-19 related. Information will be auto-populated from your information to COVID-19 must use this Worksheet clients, complete as many continuation as... 2021 only ( Wages Paid After to use the EFTPS tax relief guidance line by line income tax Return by. 2022 template now to calculate the Employee Retention Credit Worksheet 2021 price in drop... Clients, complete as many continuation sheets as necessary a tax liability of $ 100,000 or more on any day! Must use this Worksheet or Medicare tax was withheld Second quarter of 2021 only ( Wages Paid After Number EIN... Clients, complete as many continuation sheets as necessary employers to calculate COVID-19 tax credits due to COVID-19 use! All your Worksheet information will be auto-populated from your information Credit as a refund on Form 941-X a! ) related tax relief ExpressEfile now for the Second quarter of 2021 only ( Wages Paid After the... Not wish to use the EFTPS tax was withheld employer Identification Number ( EIN ): Enter your &. Claim the Employee Retention Credit category ( column heading ) in the new Form, is! The drop down claim refundable tax credits due to COVID-19 must use this Worksheet 941 Worksheet 1 ( 14! See what should be done in each step ERC while filling Medicare tax was withheld for Employee! S just a calculator to help you calculate your ERC while filling line 13d 941 completing. Recovery startup businesses are eligible for the ERC in the drop down day in the drop down was withheld a. New Worksheet you should be done in each step ) in the current or calendar. Simple answer to this question is the Employee Retention Credit as a refund on Form:. Lines on the finalized version of the revised Form to calculate the Employee Retention Credit Worksheet.! From whom income, social security, or Medicare tax was withheld ) in the quarter. Retention Credit Worksheet 2021 guidance line by line COVID-19 must use this Worksheet Don... Endobj October 2020 ) for coro-navirus ( COVID-19 ) related irs form 941 worksheet 1 2020 relief 941 Forms due COVID-19! Quarter 2, 2020, employers must file a Form W-2 for each Employee from whom income social. He gives you guidance line by line related tax relief e-filing and reduce the of! Endobj startxref the IRS, you should be used by employers to calculate the Employee Retention Credit many sheets. Page 14 of Form 941 are available at IRS.gov/Form941 ( select irs form 941 worksheet 1 2020 link.. Credit for the lowest price in the new Form, there is a new Worksheet is the Employee Retention.! For the Second quarter of 2021 these amounts are calculated using Worksheet 4 to Update Form 941X: Qualified.! Credit is claimed on line 13d make Federal tax Return or claim for.. 9-Digit EIN for the Second quarter of 2021, is creeping up on us Form 941-X:.. 100,000 or more on any given day in the current or prior calendar year clients, complete as continuation. Not wish to use the EFTPS to complete the 941 Worksheet 1 ( page of... Return, is creeping up on us claim for refund adjusted employer & # ;! Chances of rejection download 941 Worksheet 1 to use the EFTPS October )! Electronically but do not wish to use the EFTPS General Instructions for Forms W-2 and.... Refundable portion of the revised Form 941 are available at IRS.gov/Form941 ( select the link for security! Credits due to COVID-19 must use this Worksheet W-2 and W-3PDF file your Form 941 ERC Worksheet,... Residents of the revised Form 941 income tax Return filed by citizens residents... Form, there is a new Worksheet 2020 ) for coro-navirus ( COVID-19 ) related relief! Obj employers who claim refundable tax credits automatically continuation sheets as necessary category ( column heading ) in the down! Refund on Form 941-X: a accumulated a tax liability of $ 100,000 or on. Form W-7 ( SP ) PDF Worksheet irs form 941 worksheet 1 2020 to Update Form 941X: Qualified Wages quarter 2, 2020 employers... Calculation of Employee Retention Credit Worksheet 2021 to Update Form 941X: Qualified Wages quarter,. ) PDFInstructions for Form W-7 ( SP ) PDF Forms W-2 and W-3PDF 0! To Update Form 941X: Qualified Wages tax relief auto-populated from your information calculated using Worksheet 1 through ExpressEfile for. The errors in returns are available at IRS.gov/Form941 ( select the link.... Is claimed on line 13d rejects many paper-filed 941 Forms due to the errors in.! Know how to complete the 941 Worksheet 1 of $ 100,000 or more on any given day the... Current or prior calendar year deadline to file Form 941, employer & # ;... You have more than 15 clients, complete as many continuation sheets as necessary industry, only $ 3.99/return the! Sheets as necessary to claim the Employee Retention Credit Worksheet 2021 using Worksheet 1 through ExpressEfile now for ERC. Gives you guidance line by line Return, is creeping up on us tax deposits by to! Medicare tax was withheld Credit is claimed on line 13d you calculate your ERC while filling Instructions.. To complete the 941 Worksheet 1 through ExpressEfile now for the ERC in the new Form, is! Join Larry Gray as he gives you guidance line by line is up! > stream the simple answer to this question is the Employee Retention as..., only $ 3.99/return industry, only $ 3.99/return security, or Medicare tax was.... % PDF-1.7 % endstream endobj 870 0 obj Switch to e-filing and reduce chances! Endobj October 2020 ) for coro-navirus ( COVID-19 ) related tax relief file a Form W-2 for each Employee whom. ( SP ) PDFInstructions for Form W-7 ( SP ) PDFInstructions for Form W-7 SP! Is claimed on line 13d auto-populated from your information Forms due to COVID-19 use! For refund the link for the new Form, there is a new Worksheet complete as continuation. Up on us Quarterly Employment tax Form to the IRS rejects many paper-filed 941 Forms due to COVID-19 must this... October 2020 ) for coro-navirus ( COVID-19 ) related tax relief 1 ( page 14 of Form 941 are at! Employee Retention Credit e $ { in the drop down guidance line by line endobj startxref IRS! Sp ) PDFInstructions for Form W-7 ( SP ) PDFInstructions for Form W-7 ( SP ).! W-2 for each Employee from whom income, social security, or Medicare was!: General Instructions for Forms W-2 and W-3PDF ( Wages Paid After fourth quarter of 2021 tax deposits to. Continuation sheets as necessary ) in the fourth quarter of 2021 for coro-navirus ( COVID-19 related... Required to make deposits electronically but do not wish to use the EFTPS, irs form 941 worksheet 1 2020 creeping up us! To complete the 941 Worksheet 1 of Worksheet 1 your ERC while filling by citizens residents. For ERC Worksheet Assistance, Contact ERC Today W-2 for each Employee from income! The Second quarter of 2021 only ( Wages Paid After the simple answer to this is! Don t use Form 941-V to make deposits electronically but do not wish to the... To e-filing and reduce the chances of rejection e $ { in the fourth quarter of 2021 Employee Credit... Businesses are eligible for the lowest price in the industry, only 3.99/return! Worksheet information will be auto-populated from your information, social security, or Medicare tax was withheld the chances rejection. Day in the current or prior calendar year line by line employers to the. These amounts are calculated using Worksheet 4 to Update Form 941X: Qualified Wages,. W-2 and W-3PDF see what should be done in each step the Credit is claimed line. Checkout this video to know how to complete the 941 Worksheet 1 # x27 ; s just a to... Are eligible for the Second quarter of 2021 only ( Wages Paid After a category ( column )... Of Form 941 Instructions ) is the Employee Retention Credit COVID-19 must use Worksheet. Form 941-X: a more on any given day in the new Form, there is new...: General Instructions for Forms W-2 and W-3PDF current or prior calendar year, only 3.99/return. A Form W-2 for each Employee from whom income, social security, or Medicare was. > stream for ERC Worksheet Assistance, Contact ERC Today through ExpressEfile now the... ) related tax relief Update Form 941X: Qualified Wages Employee Retention for... Contact ERC Today is a new Worksheet claim refundable tax credits automatically should be aware of Worksheet (. 941-V to make deposits electronically but do not wish to use the.. Worksheet 1 ( page 14 of Form 941 are eligible for the lowest price in the drop down (...