My business is closed, should I still file Form 941?
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Last modified 4/5/2021 8:41:57 AM EST
Applicable To
94X
1099
W-2
ACA
W-4
If you go out of business or you aren't paying wages anymore, you must file a final return to inform the IRS that this particular Form 941 is your final return.
For that, you have to check the box on Line 17 and enter the final date you paid wages in the space provided.
TaxBandits helps you complete Form 941 for 2021.