2016 Form 941

General support regarding TimeTrex, such as
configuring policies/taxes or processing payroll.
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dhananjay
Posts: 19
Joined: Thu Jan 20, 2011 2:28 pm

2016 Form 941

Post by dhananjay » Tue Jan 31, 2017 2:38 pm

I think TimeTrex was recently updated to 10.1.0

Trying to print the 941 Q4 2016 tax report / form, and I think the sub-total amount that's in line 11 should go to line 12. Might be a transcription error or a renumbering of the form possibly?

shaunw
Posts: 7483
Joined: Tue Sep 19, 2006 2:22 pm

Re: 2016 Form 941

Post by shaunw » Tue Jan 31, 2017 2:46 pm

TimeTrex will make Line 11 match Line 10 unless you specify otherwise in the "Total Deposits for this Quarter" field under the "Form Setup" tab for the 941 report.

Line 12 will only show a value if line 10 is more than line 11.

dhananjay
Posts: 19
Joined: Thu Jan 20, 2011 2:28 pm

Re: 2016 Form 941

Post by dhananjay » Fri Apr 06, 2018 10:28 am

When I put in a $0 amount for the field "Total Deposits for this Quarter" under the "Form Setup" tab for the 941 report the it will interpret it as having paid the full liability and then $0 due. If I put in an amount as little as $0.01 it will calculate correctly. Please verify, thanks. I've also since updated to the current version.

mikeb
Posts: 292
Joined: Thu Jul 27, 2006 11:58 am

Re: 2016 Form 941

Post by mikeb » Fri Apr 06, 2018 11:21 am

I will pass this on to our developers to investigate further and fix in the next version of TimeTrex.

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