Make Form 941 Schedule D available for a client
Although Form 941 Schedule D is typically filed annually, you can file it at the end of any quarter during the year if it's being filed for a business that's closing due to a merger or acquisition. Note that Schedule D is a user-completed form and it's not automatically available within the application.
Follow these steps to make Form 941 Schedule D available for a client.
- SelectSetup, thenClients, then thePayroll Taxestab.
- SelectEdit.
- In the Federal 94x area in the Forms section, clear theDo Not Filecheckbox in the 941 Schedule D row.
- SelectEnter.
- SelectActions, thenEdit Payroll Tax Forms.
- In theForm typefield, select Reconciliation. Mark theQuarterlycheckbox and select the quarter and year.
- SelectRefresh.
- In theJurisdictionfield, select Federal.
- In theFormfield, select 941 and then go to the941-Sch Dtab.
- Enter the data in the form. Everything is saved automatically as you go.noteA "Tax year of discrepancies" diagnostic will display when the form is incomplete or if you don't need to file a 941 Schedule D. Either complete the form or go to the Payroll Taxes tab on the Clients screen and mark theDo Not Filecheckbox for 941 Schedule D in the Forms section.
- SelectActions, thenProcess Payroll Tax Formsto print and file the form.
