What is the typical deadline for submitting Form 941?

The typical deadline for submitting Form 941, which is the Employer's Quarterly Federal Tax Return, is indeed the last day of the month following the end of each quarter. This means that for the first quarter, which ends on March 31, Form 941 is due by April 30. For the second quarter ending June 30, it is due by July 31, for the third quarter ending September 30, it is due by October 31, and for the fourth quarter ending December 31, it is due by January 31 of the following year.

This deadline reflects the requirement established by the IRS, ensuring that employers report income taxes withheld and the employer and employee portions of Social Security and Medicare taxes in a timely manner. Meeting this deadline is critical for compliance with federal tax laws, and failure to do so could result in penalties.

In contrast, the other options do not align with the established guidelines for Form 941 submission deadlines.