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Printable Form 1120-PC Vallejo California: What You Should Know

Payroll Deductions — Form 941 (Employment Taxes) 2016. 1. The “Employment Taxes, 2016” notice provides schedules for the 2025 calendar year that will be used for filing IRS Form 940-EZ. 2. You can use these schedules only for the 2025 calendar year. The schedules for the previous calendar year will not be used. 3. Use Form 941 (Employment Taxes) 2025 instead of Schedule C, Schedule C-EZ, or Schedule A for filing the 2025 tax year. (If you already filed Form 940-EZ, don't start again.) 4. Schedule C will still be used for 2025 for filing Form 1040-ES. (If you already filed Form 1040-ES, don't start again.) 5. Use Form 941-X for filing Forms 1120-PC, UI, and ITU. 6. Use Form 941-X instead of Form 941, Schedule C, Schedule A, or Schedule C-EZ, for filing the 2025 tax year. (If you already filed Form 941 using Form 941-X, do not start again.) 7. Use Form 941-X instead of Form 941, Schedule C, Schedule A, or Schedule C-EZ, for filing the 2025 tax year. (If you already filed Form 941 using Form 941, do not start again.) Form 940-EZ—Employment Taxes and Health Insurance (Form 940A) Revenues and Expenses Employment Taxes. The IRS imposes a tax on your earnings when you hire someone to do work (or the owner of a small business hires a person when the owner doesn't have to do so himself): the U.S. employment tax. Your gross income from employment is determined under the employment tax rules. You may deduct the income tax and social security taxes owed from your employment. Any employment taxes you pay can help offset your federal income tax—and you can get a refund of up to 63% of the taxes you paid to the IRS. A few examples of employment taxes include the following: Employee's Deductions—Form 940. Employment Taxes. U.S. employers are often required to collect and remit tax on employees' earnings and must withhold this tax from wages that are paid to them. The IRS levies this tax on your wages as an annual tax.

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