Ohio It 941 Form Modify Form Here

Ohio It 941 Form

The Ohio IT 941 form is the state's Employer’s Annual Reconciliation of Income Tax Withheld, designed to help employers report the total income tax withheld from their employees throughout the year. Completing this form accurately is essential for compliance with Ohio tax regulations. Employers must ensure that all required information is provided to avoid penalties and ensure proper processing.

Modify Form Here
Table of Contents

The Ohio IT 941 form is an essential document for employers in Ohio, serving as the Annual Reconciliation of Income Tax Withheld. This form allows employers to report the total amount of income tax that has been withheld from their employees' pay throughout the tax year. It requires detailed information, including the Ohio Withholding Account Number and the Federal Employer ID Number, ensuring that the tax authorities can accurately track and verify the withheld amounts. Employers must also declare the accuracy of the information provided under penalties of perjury, emphasizing the importance of honesty and completeness in the reporting process. The form includes a section for listing monthly gross payroll and tax withheld, culminating in an annual total that must be reported. To complete the form, employers are instructed to avoid using pencil and not to staple any attachments, ensuring a clean submission. This form must be mailed to the Ohio Department of Taxation along with any payments due, making it a critical step in fulfilling tax obligations for the year.

Form Sample

0

0

Form Information

Fact Name Description
Purpose The Ohio IT 941 form is used by employers to reconcile income tax withheld from employees throughout the year.
Filing Frequency This form is filed annually, typically at the end of the tax year.
Governing Law The form is governed by Ohio Revised Code Section 5747.07, which outlines the requirements for withholding and remitting state income tax.
Who Must File All employers who withhold Ohio income tax from employee wages must file this form.
Required Information Employers must provide their Ohio Withholding Account Number and Federal Employer ID Number on the form.
Signature Requirement A responsible party must sign the form, declaring the information is accurate under penalty of perjury.
Payment Instructions If there is any tax due, it should be sent with a check or money order made payable to the Ohio Treasurer of State.
Mailing Address The completed form and payment should be mailed to the Ohio Department of Taxation at P.O. Box 182667, Columbus, Ohio 43218-2667.
Record Keeping Employers should keep a copy of the completed form for their records, especially if the duplex printing option is not used.
Annual Totals The form requires the total gross payroll and total tax withheld for each month, culminating in an annual total.
Please rate Ohio It 941 Form Form
4.71
(Stellar)
24 Votes