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How do I fill out form 941 if I have no employees 2023 Q1

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If you are required to file IRS Form 941 Employer Quarterly Federal Tax Return and you have no employee in 2023, or you are an employee of your own LLC taxed as an S corporation and you didn’t collect any payroll, you still need to file form 941. It is a quarterly return filed at the end of every quarter.
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In general, if you are required to file Form 941, you are expected to file it every quarter even if you don’t have payroll tax to report. However, IRS has some exceptions. One exception is for seasonal employers.
If you are a seasonal employer and hire employees some part of the year only, you could check box 18 on Form 941 every quarter you file Form 941 to let the IRS know you are not going to file that form for quarters you don’t have employees. IRS Instructions for 2023 Form 941 page 5.
How do I fill out form 941 if I have no employees 2023 Q1
For any line that is 0, leave is blank except Line 1, 2, and 12. IRS Instructions for Form 941 page 7.
Form 941 Business information.
EIN: Enter your business EIN number.
Name: Enter your business legal name as entered on your EIN application form or on Form SS4 Application for Employer Identification Number.
Trade name: If you have a DBA name enter if here otherwise, leave it blank.
Address: Enter your business address.
Which quarter of 2023 are you filling for?
In the right table next to your business information, check the quarter your Form 941 is for.
If you are a seasonal employer, you need to check the quarter you are filling for and you check box 18 to let IRS know you will not file form 941 every quarter.
Form 941 Part 1
Line 1 Number of employees who received wages: enter 0 as you have no employees or collected $0 in salary for that quarter.
Line 2: Total Wages paid: It is the total gross payroll for the quarter. Enter 0.
Line 3 Federal income tax withheld: leave it blank.
Line 4 If no wages are subject to social security tax and Medicaid tax: check box 4 and go to line 6.
Line 6 total taxes before adjustments: leave it blank.
Line 7 quarterly adjustments for fractions of cents: leave it blank.
Line 10 Total taxes after adjustments: leave it blank.
Line 11a and Line 11b: leave them blank.
Line 12 Total taxes after adjustments and nonrefundable credits: if it $0, enter 0.

Where to mail Form 941 for 2023?
On the IRS instructions for form 941 for 2023 page 7, locate your state in the address table.
The address in the column “without payment” that corresponds to the row your state is, is the address to mail your Form 941 for 2023.
Mail your return via USPS certified mail and keep the receipt and tracking number with your business copy of the tax return.
When is Form 941 due?
The first quarter Form 941 is due by April 30 and includes January, February, and March payroll tax reports.

Conclusion: How do I fill out form 941 if I have no employees 2023 Q1
The video explains step by step how to fill out Form 941 for the first quarter of 2023.
Federal Tax Forms and Instructions Links: https://ninasoap.com/federaltaxform...

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