Payroll for NA / Time and Labor - PSFT (MOSC)

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New IL-941 Schedule P requirement

edited Mar 30, 2022 1:25PM in Payroll for NA / Time and Labor - PSFT (MOSC) 1 commentAnswered

Hello All,

My Payroll Manager is asking about a new regulatory report for IL which is due by Thursday.  Is there a PS solution for this?

The following is from the notice from the state:

Notice about 2020 Withholding Income Tax Schedule P Filing Requirements

Beginning with the 2020 tax year, Schedule P, Illinois Withholding Schedule, must be filed with every Form IL-941, Illinois Withholding Income Tax Return, and Form IL-941-X, Amended Illinois Withholding Income Tax Return, to verify Illinois income and withholding records. Since 2018, Schedule P has been required to be filed with Form IL-941-X.

NOTE: The Illinois Department of Revenue requires employers and payers to file Form IL-941 electronically. If you are unable to do so, you can complete Form IL-900-EW to request a waiver.

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