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Which form is used when correcting Form 941, Line 2, Wages, tips, and other compensation,?

A. Form 843
B. Form 943
C. Form 941-X
D. Form 944

1 Answer

1 vote

Final answer:

To correct Line 2 on Form 941, 'Wages, tips, and other compensation,' the proper form to use is Form 941-X. This form is specifically designed to correct errors on a previously filed Form 941. The other forms listed serve various other tax-related purposes but are not used for correcting Form 941.

Step-by-step explanation:

To correct information reported on Form 941, Line 2, 'Wages, tips, and other compensation,' you would use Form 941-X, 'Adjusted Employer's QUARTERLY Federal Tax Return or Claim for Refund.' Form 941-X is specifically designed for employers to correct errors on a previously filed Form 941. The other forms mentioned are not used for this purpose. For instance, Form 843 is used for certain refunds, abatements, and claims that do not relate to payroll taxes, while Form 943 is for agricultural employers to report annual federal tax returns. Form 944 is an annual return for smaller employers, and it has its own correction form, Form 944-X.

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