IRS Form 941 walkthrough (Employer's QUARTERLY Federal Tax Return)

[@MsAfrica757]

I stumbled to your channel due to my internship. I just wanna say thank you so much.❤

[@nancyrupracht4200]

Do 401K count into 5A? EE and ER or just EE?

[@teachmepersonalfinance]

401k contributions are considered Social Security wages, according to the IRS: The amounts deferred under your 401(k) plan are reported on your Form W-2, Wage and Tax Statement. Although elective deferrals are not treated as current income for federal income tax purposes, they are included as wages subject to Social Security (FICA), Medicare, and federal unemployment taxes (FUTA). However, employer contributions would not be considered Social Security wages.

[@SimplyEatHealthy]

Thank you!

[@ebonygray4311]

Hey can i hire you as a cpa

[@teachmepersonalfinance]

Unfortunately, I'm not offering one on one services right now. You can email me ([e-mail]) and I can see if I can put you in touch with someone. When you email me, can you send a two or three sentence describing what you're looking to hire for?

[@ebonygray4311]

@@teachmepersonalfinance will do thank you