The IRS fixes the deadline for filing Form 941 for each quarter. Form 941 filers must file the tax returns without fail before the deadline to avoid unnecessary penalty and interest.
Quarter | Deadline |
---|---|
First Quarter - Jan, Feb, Mar | Apr 30, 2020 |
Second Quarter - Apr, May, Jun | Jul 31, 2020 |
Third Quarter - Jul, Aug, Sep | Nov 02, 2020 |
Fourth Quarter - Oct, Nov, Dec | Jan 31, 2020 |
If you choose to file Form 941 using paper filing, you are required to mail a copy return to the IRS. The Form 941 mailing address varies according to your business location and also whether you include tax payment with your return or not. Discover your Form 941 mailing address in this link www.expressefile.com/form-941-mailing-address/ and transmit it by the deadline.
If you have not filed Form 941 on time, your business is subjected to a penalty of 5% of the total tax amount each month until it goes up to 25% of the total tax amount. Along with this late filing penalty, if you also have not paid the tax, you will be charged 0.5% of the tax due amount. The penalty increases each month until you pay the unpaid tax amount.
Visit https://www.expressefile.com/form-941-penalty/ to know more about the 941 penalties.
E-file your 941 directly to the IRS and get an instant status of the filing.