Finalized versions of the further-revised Form 941-X, Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund, and its instructions were released Nov. 13 by the IRS.
The form and instructions were not changed from recent draft versions.
The instructions, which were earlier revised in July, address additional changes to the form, including the modified Line 24, which now is used to correct data regarding deferrals of the employer and employee shares of Social Security tax for the third and fourth quarters of 2020. Form 941-X was last revised Oct. 2.
Additionally, Line 33 was renumbered as Line 33a ...
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