I filed my s corp 1120, but how do I pay my payroll taxes? I thought I would pay them with my 1120 but it wasn't included. Do I use a 941? if so, how is the money sent?

[sharpels2017]

Started up in June 2017, but didn't acquire profits until 4thq 2017. I filed a 1120s through TuboTax and withheld payroll taxes for me the sole shareholder. I did create a W2 for myself to file my personal taxes. But, how do I pay s Corp taxes withheld and Medicare etc.?

[JulieCo · Accepted solution]

Yes, the 1120 form is just for income tax purposes, as payroll taxes withheld by businesses are handled differently by the government.  For this first time for your business, you can complete the 941 form and mail it in with the 941 form and the 941 Voucher.  Here is a link to the form: https://www.irs.gov/pub/irs-pdf/f941.pdf   (Note:  the 4th Qtr 941 form and payment would have been due by January 31, 2018.)

In the future, though, the IRS will more than likely want your business to pay the payroll taxes online through the IRS Electronic Federal Tax Payment System® tax payment service site each month (https://www.eftps.com/eftps/). You will need to be registered and become set up with them to make the payments electronically.  See IRS Publication 15 (Employers Tax Guide) below as it covers everything related to payroll tax reporting  

https://www.irs.gov/pub/irs-pdf/p15.pdf