What is the purpose of Federal Form 941?

A. Summarize the amount of unemployment tax paid and due by the company
B. Summarize the amount of federal income tax, Social Security, and Medicare withheld from employee paychecks for the year
C. Summarize the amount of federal income tax, Social Security, and Medicare withheld from employee paychecks for the quarter
D. Summarize all your W-2 forms


Answer: C

Business

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