Form 940 Issues

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Victor Roberts

Jan 3, 2022, 9:06:12 PMJan 3
My consulting company is organized as a C Corp with one employee, me.
As such I file Forms 940 and 941.

Today I have two issues with my Forms 940.

First, after 20 years of filing the both of the forms on time, I
discovered today that I failed to file Form 940 for 2020 in January of
2021. I did pay the tax at the end of 2020, so the penalty should be
zero, but I'm still not sure how to proceed. The IRS has not dinged me
about the form, perhaps because they are overloaded with other issues
due to COVID.

Then, a second, more complex issue appeared. I use an online service
to e-file my Forms 940 and 941. Today I e-filed my Form 941 for Q4 of
2021 and then e-filed my 2021 Form 940, or at least I thought I did.
When I downloaded the completed Form 940 from the online services
website, I saw it was for 2020!

So, I failed to file Form 940 for 2020, and now I have sent a Form 940
with my 2021 data to the IRS but it is marked 2020. What a mess.

The online service said only "we are trying to figure out what went
wrong." Hopefully, they will, and soon.

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