Form 941 is prepared by the employer on a quarterly basis to record all of the following payroll taxes except:

Name: Form 941 is prepared by the employer on a quarterly basis to record all of the following payroll taxes except:
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Form 941 is used to record and report on Social Security tax, Medicare tax, and Federal withholding tax. It does not include the Federal Unemployment (FUTA) tax, which is reported separately on Form 940 annually.

Form 941 Is Prepared by the Employer on a Quarterly