IRS Form 941 Payroll Tax Calculator

Calculates key taxes based on *your* quarterly totals and tax rates. Not an official form generator.

Quarterly Wage & Tax Totals

Enter the totals for *all employees* for the quarter.

Total Wages, Tips, and Other Compensation ($):

Federal Income Tax Withheld ($):

Taxable Social Security Wages ($):

(This is the portion of total wages subject to SS tax, considering the annual wage base limit for each employee for the year, prorated to the quarter. You need to determine this amount.)

Taxable Medicare Wages & Tips ($):

(Generally the same as Total Wages. Medicare tax does not have a wage base limit.)

Taxable Wages & Tips Subject to Additional Medicare Tax ($):

(Enter the portion of wages *for this quarter* subject to the additional Medicare tax for employees who will exceed the *annual* threshold. This amount must be determined based on employees' YTD earnings.)

Applicable Tax Rates & Limits

Enter the rates and limits for the tax year you are calculating.

Social Security Wage Base Limit (Annual $) for the Tax Year:

(The maximum amount of earnings subject to Social Security tax in a calendar year.)

Employee Social Security Tax Rate (%):

(Employee's share of SS tax rate.)

Employer Social Security Tax Rate (%):

(Employer's share of SS tax rate.)

Employee Medicare Tax Rate (%):

(Employee's share of Medicare tax rate.)

Employer Medicare Tax Rate (%):

(Employer's share of Medicare tax rate.)

Additional Medicare Tax Rate (%):

(Applies to wages paid in excess of an annual threshold for high earners.)

Additional Medicare Tax Threshold (Annual $):

(This threshold depends on the employee's filing status and is applied annually per employee.)

Calculation Results

Enter details in the tabs above and click Calculate.

The IRS Form 941 Payroll Tax Calculator is a helpful tool for employers and payroll professionals to accurately estimate payroll taxes required for filing IRS Form 941, the Employer’s Quarterly Federal Tax Return. This form reports income taxes withheld, Social Security, and Medicare taxes owed by the employer and employees.

By inputting payroll data such as total wages, taxable Social Security and Medicare wages, and withheld federal income taxes, the calculator provides an accurate estimate of the amounts due for each tax category. It accounts for current tax rates, wage limits, and any applicable adjustments.

Using the IRS Form 941 Payroll Tax Calculator helps businesses avoid errors and penalties by ensuring proper tax calculations before submitting the quarterly report. It streamlines the payroll tax reporting process and supports compliance with IRS deadlines and regulations.

This tool is especially valuable for small to medium-sized businesses and accounting teams looking to simplify payroll tax preparation and improve accuracy in tax filings.

Whether you prepare payroll internally or use a third-party service, the IRS Form 941 Payroll Tax Calculator offers a reliable way to verify your payroll tax liabilities and stay compliant throughout the year.

Start using the IRS Form 941 Payroll Tax Calculator today to simplify your quarterly payroll tax reporting and avoid costly mistakes.