Irs Form 941 2024 Schedule B. Form 941 schedule b is the irs tax form used by the semiweekly schedule depositor to report tax liability, including federal income taxes and fica. If you're a semiweekly schedule depositor and you don’t properly complete and file your schedule b with form 941, the irs may propose an “averaged” ftd penalty.
You are a semiweekly depositor if you: Schedule b (form 941) is used to report tax liability of semiweekly schedule depositors.