Posted 2015-03-17 8:39 AM Subject: Tax savvy people...941 question
Expert
Posts: 1432 Location: Never in one place long
I just completed my quarterly 941 form and found I owe .3 cents... does anyone know if there is a min amount that is waived? It seems silly to me to send a check for .3 cents when stamps are .50 but I can't find any information about a minimum amount and have been on the phone 4 different times trying to connect with someone from the IRS with no luck...
Posted 2015-03-17 9:29 AM Subject: RE: Tax savvy people...941 question
Expert
Posts: 1432 Location: Never in one place long
3canstorun - 2015-03-17 9:26 AM
Yes you need to send it because if you don't you will create a bigger mess. This is from experience speaking. :(
Thanks! I finally got through to someone and they said as long as it's under $1.00, I do not need to pay it but of course I do need to send in the quarterly 941 like always. :)
Posted 2015-03-17 9:33 AM Subject: RE: Tax savvy people...941 question
Hugs to You
Posts: 7550 Location: In The Land of Cotton
DLV - 2015-03-17 10:29 AM
3canstorun - 2015-03-17 9:26 AM Yes you need to send it because if you don't you will create a bigger mess. This is from experience speaking. :(
Thanks! I finally got through to someone and they said as long as it's under $1.00, I do not need to pay it but of course I do need to send in the quarterly 941 like always. :)
Also speaking from experience, I would no more trust an operator that answers the phone at the Internal Revenue Department. Good luck.