Deposit short and the IRS adds 2% to 15% of the shortfall under IRC § 6656. This sheet stops Social Security at the wage base, stops FUTA at the first $7,000 per employee, and prints the exact Form 941 deposit for the check you are running right now.
| Wages subject to Social Security this period (capped at the wage base) | - |
| Social Security withheld from the employee at 6.2% | - |
| Medicare withheld from the employee at 1.45% (no wage cap) | - |
| Additional Medicare withheld at 0.9% on wages over $200,000 year to date | - |
| Total withheld from this paycheck, income tax plus FICA | - |
| Net pay before state income tax and benefit deductions | - |
Everything updates as you type. Nothing is uploaded. This runs in your browser.
The web page computes and then forgets. What is missing the moment you close it is the record: the file keeps each employee's year-to-date figure carrying from run to run all year, works at 6 a.m. on payday with the internet down, and turns the same maths into a printable page you attach to the depo
One payment, one licence key for this tool. The key is shown right after payment.
IRS failure-to-deposit penalty, IRC § 6656: 2% when the deposit lands 1-5 days late, 5% at 6-15 days, 10% after 15 days, 15% once the IRS has issued a notice and demand. At the 10% band, any shortfall over $210 already costs more
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