Does an S corp have to file quarterly tax return? Even if no business for first quarter

[tammisahr01]

Does an S corp have to file quarterly tax return? Even if no business for first quarte

[CathiM]

Are you referring to 941 quarterly payroll taxes?

[tammisahr01]

No, just if i have to report any monies received qtrly if no monies earned yet, and if established as S Corp so i will report on my own taxes not business

[CathiM]

You can decide each quarter if and how much you should pay in for your 2018 Estimated taxes based on the profit your S-Corp made that quarter. You don't have to send in a payment every quarter, however, if you can send in something for each quarter, you are less likely to receive IRS inquiries. Their computers can generate letters when periods are skipped.