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Generally, you must file Form 941, Employers Quarterly Federal Tax Return or Form 944, Employers Annual Federal Tax Return to report wages youve paid and tips your employees have reported to you, as well as employment taxes (federal income tax withheld, Social Security and Medicare taxes withheld, and your share of
Late Filing Deposits made between six and 15 days late have a five percent penalty and a ten percent penalty for deposits more than 16 days late, plus interest. If you file Form 941 late, the IRS imposes a penalty of five percent per month or partial month you are late, up to a maximum of 25 percent.
Complete Form 941-V, Payment Voucher, if you are making a payment with Form 941, Employers QUARTERLY Federal Tax Return. We will use the completed voucher to credit your payment more promptly and accurately, and to improve our service to you.
Form 944 is designed so the smallest employers (those whose annual liability for social security, Medicare, and withheld federal income taxes is $1,000 or less) will file and pay these taxes only once a year instead of every quarter.
Generally, employers who withhold income taxes, Social Security taxes, and Medicare taxes from employees wages need to file Form 941. This includes businesses that pay wages to employees and have a tax liability of $1,000 or more for Social Security, Medicare, and income taxes in a calendar quarter.
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People also ask

As an employer, if you have not paid your employees any wages for the quarter, your tax amount will automatically be zero. Even if your tax amount is zero, the IRS expects you to file your Form 941. Yes, you are required to file Form 941 with the IRS even if you have no payroll taxes or employees.
Internal Revenue Service PO Box 37941; Hartford, CT 06176-7941this address is for businesses that wish to include a payment with their 941 tax form.

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