Which taxes are considered 941 taxes?
A)FICA,FUTA,and SUTA
B)FICA and SIT
C)FICA and FIT
D)None of these answers are correct.

Question

Quizplus · Accepted Answer

941 taxes refer to the taxes reported on IRS Form 941, which include Federal Income Tax (FIT) and the Federal Insurance Contributions Act (FICA) taxes (Social Security and Medicare). FUTA (Federal Unemployment Tax Act) and SUTA (State Unemployment Tax Act) taxes are reported separately, and SIT (State Income Tax) is not included in Form 941.

Which Taxes Are Considered 941 Taxes