☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 2
posted Mar 7, 2020 10:04:56 AM

Need to file quarterly taxes late and a W2

I had some health problems and I neglected to file form 941 in 2019 for each quarter.  I made a little bit of money.  About $20,000.00.  Can I just file the 941 forms now, albeit late?  If so, can (or should I) I still file a W2 for myself and get a credit for the taxes I pay from the 941 filings.  I have an S corp.  I generated a K1 and I get that the profit from the S corp comes to me personally and I end up paying taxes on my personal income 1040, but I want to make the IRS at least somewhat happy and if that means filing Form 941 for each quarter of 2019 now and pay the withholdings now, I'll do so.  

0 1 255
1 Replies
Level 15
Mar 7, 2020 10:18:55 AM

You need to do everything you would’ve done if it was on time. Form 941, issue yourself a W-2, is she the W3 to the Social Security administration. Don’t forget your state tax forms.