IRS Form: Updated Form 941-SS Instructions Released (IRC §3302)

Instructions for Form 941-SS, Employer’s Quarterly Federal Tax Return — American Samoa, Guam, the Commonwealth of the Northern Mariana Islands, and the U.S. Virgin Islands (rev. April 2020), with changes made to reflect new employment tax credits and other relief related to Covid-19 and on which lines these items are reported, released June 30. This includes the credit for qualified sick and family leave wages (including Worksheet for figuring the credit) plus related items such as employee share of social security tax, allocable qualified health plan expenses; the employee retention credit plus related items such as qualified wages (excluding qualified ...