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The 941 Summary report allows you to print the information needed to file your tax deposit. For Format Options, select IRS Format or Informational Format.
Important: 941 Summary Notice (2021 second quarter). Be aware that new government changes have been imposed for reporting on the 941 Summary. As an interim measure, you need to download, print, and complete the PDF forms, then use them to enter figures to generate the 941 Summary.
Filters
- Complete the following filters as needed.
- Combine companies with the same EIN?
- Format Options
IRS Format: When using the IRS Format, the form itself is printed, including Schedule B and the Payment Voucher, if applicable. Line 9 prints any third-party sick pay added through the Manual Check options in Payroll.
Informational Format: When using the Informational Format, enter the Check Date range and click the Run Report button to display a preview of your 941 Tax Summary report. YTD (year-to-date) and Quarter totals for each Line of the 941 are displayed, along with a Date Report on the last page showing each date and the associated amount. There are totals for each month and quarterly totals.
Options
- Complete the following options as needed.
- Number of Employees: Enter the number of employees for the Reporting Quarter that you selected on the Filters tab. This is the number of employees on your payroll for the pay period through the date of either March 12th, June 12th, September 12th, or December 12th, as indicated by the Number of Employees label.
- Complete the remaining fields.
- Calculated Deposits for Quarter: This field reflects the income tax calculated in the program. Edit this field as needed.
- Fractions of Cents: Enter any allowances for fractions of cents to avoid discrepancies between reports.
- Nonrefundable Portion For Sick & Family Leave: Nonrefundable portion of credit for qualified sick and family leave wages from Worksheet 1.
- Adjustment for Tips & Group Insurance: Enter any adjustment needed for tips and group insurance.
- Tax Credit For Research Activities: Not supported by the Nelco Efile service.
- If Overpayment
- Monthly Depositor option, if applicable. If this option is not selected, the form for semiweekly depositors prints. If the option is selected, the Line 15 Monthly Summary of Federal Tax Liability is filled in. If the total deposit amount is less than $2,500, neither the Schedule B nor the Line 15 amounts are filled in (as specified in the Form 941 instructions).
- Third Party Designee, if applicable.
- Filing Options
Other Information
- Complete the following options as needed.
- Signer Information
- Preparer Information
- Designee Information (if you selected the Third Party Designee option on the Options tab)
- Company Information
Note: In the Preparer Information section, the following fields are required: Preparer Name, Address, City, State, Zip Code, and PTIN (Preparer Tax Identification Number).
- Click the Run Report button to download a PDF of your 941 Summary report.
- Click the Check Filing Status link to open the E-File site, where you can check the status of existing submissions. Available when Filing Option - Efile is selected.
- Click the Run Report button to open a pop-up window where you can log in or create an account to use E-file. Once logged in, follow the on-screen instructions to select and pay for services and file your 941. The How to Use E-File with Financials document is available for more detailed information concerning the E-File process.
Note: Enable pop-ups on your site, or the E-File window will not display.
Report
- Click the Run Report button to generate a preview of the report. Refer to the Report Preview help page for more information. Click the Clear Preferences link to reset all of your report preferences to their default values if needed.
- Click the Close Report button to return to the dashboard.
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