TaxBandits Knowledge Base

Have questions? We've got you covered!
TaxBandits Support
What are the penalties for not filing Form 941?

If you fail to file Form 941 within the deadline. IRS levies an initial penalty of 5% of the unpaid tax for each month. Penalty for continued failure will cause additional penalty of 5%. It can range upto 2% to 15%.
 

Was this helpful? Yes No

Need more help?

Get in touch with our dedicated support team Contact Us