Revised Form 941 with New Tax Act Change

The IRS issued the 2009 Form 941 (Employer's Quarterly Tax Return) accessible at www.irs.gov/pub/irs-pdf/f941.pdf , reflecting the change for employer COBRA subsidies enacted by the American Recovery and Reinvestment Act of 2009. Employers may be reimbursed for 65% of their total COBRA premiums through a refundable credit on Form 941. Also, employers may apply directly to the IRS for refund of premiums paid. Lines 12a and 12b have been added to the 2009 form for this change.


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