Form 941 in Timetrex On Demand version showing 2011 values

[cmcgrath]

I recently generated a form 941 report as we are monthly depositors and I was determining our proper deposits. The form is displaying 2011 tax rates for FICA and others. I am afraid the entire program might be withholding 2011 rates, hopefully this is not the case. Is there any way I can fix this?

[shaunw]

The IRS hasn't released the 941 Form for 2013 yet, therefore employers are supposed to use the older 2012 form in the mean time. TimeTrex is using the 2013 tax rates for the calculations though.

[cmcgrath]

OK, excellent. Thanks