How to USE EFTPS to Pay your Payroll Taxes on Form 941 (NEW 2023)
You can pay federal taxes using EFTPS, a free service from the US Treasury. To enroll, go to eftps.gov, provide your info, and receive a PIN. Then, select your tax form, payment type, and amount, review, and make the payment. Save the confirmation.
Form 941 is used by employers to report employee wages and payroll taxes to the IRS each quarter. To pay Form 941 using EFTPS, select "Federal Quarterly Tax Deposit," input the total amount from Form 941, specify subcategories (like Social Security and Medicare), review the payment details, and click "Make Payment." Save the provided EFTPS acknowledgment number and payment confirmation for your records.
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