How to Fill Out 941x for ERC?

Emily Thompson
April 5, 2022

How to Fill Out 941x for ERC?

Key Takeaways

Key Takeaways



Determine eligibility for the Employee Retention Credit (ERC) based on business disruptions due to COVID-19.

Information Gathering

Gather necessary information such as Employer Identification Number (EIN), employee details, and wage information.

Form Completion

Accurately fill out the 941x form with employer and employee information, and details about the ERC being claimed.


Submit the 941x form to the IRS either electronically or by mail, and keep a copy for your records.

Avoid Common Mistakes

Use the correct form and version, accurately report ERC and wage amounts, and submit the form on time to avoid penalties.

Tips for Success

Prepare with the right information, double-check all entries for accuracy, and submit the form as soon as possible.


Tax filing, especially the 941x form for ERC, can appear daunting at first glance. The 941x form is crucial for claiming the Employee Retention Credit (ERC), designed to support employers in retaining employees during the pandemic. However, with a structured approach, filling out the 941x form can be simplified. This guide provides a step-by-step walkthrough to ensure accurate and timely submission of your 941x form for ERC.

Understanding the 941x Form for ERC

The 941x form is pivotal for small business owners to claim the ERC. Here’s a simplified breakdown of how to approach this task:

  1. Information Gathering:
  • Employer and Employee details: Name, Address, EIN, and Social Security number.
  • Wage information: Total wages paid during the quarter and the amount of ERC claimed.
  1. Form Completion:
  • Fill in the employer and employee information.
  • Enter the wage details and ERC claimed.
  • Double-check all entries for accuracy before submission.
  1. Submission:
  • Choose between electronic submission or mailing.
  • For electronic submissions, provide bank account details for direct deposit.
  • For mail submissions, include a check or money order for the ERC claimed.

What Information is Needed to Complete the 941x Form?

For a smooth process, ensure you have the following information at hand:

  • Business details: Employer Identification Number (EIN).
  • Employee data: Number of employees and total wages paid in the previous quarter.
  • ERC details: Amount of credit claimed and the claiming period.
  • Signature and date of submission.

Steps for Completing the 941x Form

Here are the steps broken down for easy understanding:

  1. Information Gathering:
  • Employer’s details: Name, Address, and EIN.
  • Total wages paid to employees and the amount of ERC claimed for the quarter.
  1. Form Completion:
  • Enter the employer’s and employees' details.
  • Fill in the total wages paid and ERC claimed, ensuring accuracy in all entries.
  1. Submission:
  • Electronically through the IRS’s e-file system or by mail to the IRS address listed on the form.
  1. Documentation:
  • Keep a copy for record-keeping and tracking your ERC claims.

Common Mistakes to Avoid When Filling Out the 941x Form

Avoid these common pitfalls for a hassle-free process:

  1. Form Selection: Use the correct form (941x) and the latest version as updated by the IRS.
  2. Accurate Reporting: Report the correct number of employees and wage amounts, and avoid double counting.
  3. Timely Submission: Submit by the due date to avoid penalties.

Tips for Submitting the 941x Form for ERC

Here are some tips for a successful submission:

  1. Preparation:
  • Ensure you have all the necessary information and documents ready before starting.
  1. Accurate Entry:
  • Double-check all information entered for accuracy.
  1. Prompt Submission:
  • Submit the form to the IRS as soon as possible, either electronically or by mail.

Following the steps and tips provided in this guide will simplify the process of filling out and submitting the 941x form for ERC, ensuring you reap the benefits it provides without any hitches.

Frequently Asked Questions

Q: What is the 941x Form for ERC?
A: The 941x Form for ERC is used to report and reconcile the employer’s portion of the employee retention credit, detailing the credit claimed on the employer’s quarterly Form 941.

Q: What information is needed to complete the 941x Form?
A: Business and employee details, total wages paid, the amount of ERC claimed, and the amount refunded or applied to federal tax liability are needed.

Q: What are the steps for completing the 941x Form?
A: Gather business information, enter total wages paid and ERC claimed, sign, date, and submit the form to the IRS.

Q: What are some common mistakes to avoid when filling out the 941x Form?
A: Ensure correct business information, accurate reporting of wages and ERC claimed, and timely submission to avoid common mistakes.

Q: What tips should I keep in mind when submitting the 941x Form for ERC?
A: Ensure accuracy, double-check entries, and submit the form to the IRS as soon as possible for a successful submission.