TaxBandits Knowledge Base

I do not have any wages to report in this quarter, do I still have to file Form 941?

As an employer, once you have filed Form 941 for the first quarter, you must continue to file returns for each subsequent quarter, even if there is no tax amount to report to the IRS. For example, if you filed Form 941 for the first quarter of 2023 and have no tax amount to report for the second quarter, you still need to file Form 941 for the second quarter with zero amounts.

However, there are a few exemptions from filing Form 941:

• If you have filed a final return, you are exempt from filing Form 941 thereafter.
• As a seasonal employer, even if your business only operates part of the year, you must still file Form 941 for the quarters when your business was active, had employees, and withheld taxes.

TaxBandits simplifies the process of reporting zero taxes on Form 941. When filing, simply check the 'Zero Reporting' box, and you will be taken directly to the summary page without having to navigate through each section of the form. Click here to e-file Form 941.