A draft of the instructions for the quarterly employer’s federal tax return with a March 2026 revision date, released Dec. 4 by the Internal Revenue Service, indicate that the same revision of the form is planned to be used for all four quarters of 2026.
The draft instructions for Form 941, Employer’s Quarterly Federal Tax Return, include the changes made in the draft Form 941 with a March 2026 revision date released June 23. These are additional spaces in Line 15 to report bank account information for receiving refunds by direct deposit, as well as a new requirement for aggregate ...