What is the Penalty for Failing to File Form 941?
5.1k views | Last modified 2/28/2022 1:21:37 AM EST

Applicable To
94X 1099 W-2 ACA W-4

If you fail to file form 941 by the deadline, the IRS will impose a penalty of 5 percent of your total tax due for each month that you are delaying, and it can go up to 25 percent.

In addition to failing to file, if you have failed to pay the tax due, the IRS will initially charge 0.5 percent of the unpaid tax amount, and it increases each month until you pay the tax due. This penalty will increase to 1% per ten days after receiving the IRS notice of intent to levy.

To avoid such penalties, you can always e-file Form 941 with TaxBandits before the deadline.


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