Will the IRS impose penalty or interest while filing Form 941-X?
3.8k views |
Last modified 5/27/2020 11:12:25 AM EST
94X 1099 W-2 ACA W-4
The IRS won't impose penalty or interest for the underreported tax if you,
- File the form (941-X) on time
- Pay the amount on line 21 when you file Form 941-X.
- Enter the date you discovered the error
- Explain the corrections in detail