Draft instructions with an April 2025 revision date for the Internal Revenue Service’s correction form for quarterly employer federal tax returns were released March 10.
The draft instructions for Form 941-X, Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund, explain that a number of lines from the form were removed because the period of limitations for making corrections of those lines on Form 941, Employer’s Quarterly Federal Tax Return, expired in either April 2024 or April 2025 for most employers. The draft of the new revision of the form was released first on Feb. 5.
The removed lines, ...
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