BenefitsLink logo
EmployeeBenefitsJobs logo

Subscribe to Newsletters



Search the News


Featured Jobs
401k Investment Analyst/Consultant
Retirement Plan Administrator with QKA, QPA, CPC
Technology Professional
Sr. Client Services Manager
ESOP / Employee Benefits Leader
Retirement Account Administrator
External Client Manager for Pension Plan Clients
Employee Benefits Pension Consultant (Law Firm)
Human Resources Analyst, Employee Benefits Department
Search all jobs
 
Get the BenefitsLink app for iPhone and iPad LinkedIn
Twitter
Facebook

Jump to content


Photo

Late Form 945 penalty?


  • Please log in to reply
2 replies to this topic

#1 The Pension Kid

The Pension Kid

    Registered User

  • Registered
  • 12 posts

Posted 16 February 2006 - 12:35 PM

I cannot find what the penalty is for filing Form 945 late. The tax payments are not late, just the timing of filing the form. The IRS directed me to page 24 of Pub. 15, but that not only deals with Form 941, but also deals with tax due (which in this case there aren't any).

Does anyone know the penalty for filing Form 945 late (after Feb 10)?

Thank you in advance for any and all assistance you may be able to give me.

#2 WDIK

WDIK

    Registered User

  • Sitewide Moderator
  • 2,110 posts

Posted 16 February 2006 - 12:59 PM

I believe that Form 945 and Form 941 filings are treated similarly.
...but then again, What Do I Know?

#3 Bird

Bird

    Registered User

  • Sitewide Moderator
  • 3,128 posts

Posted 16 February 2006 - 01:01 PM

I think the 945 is considered a variety of the 941, and that's why they referred you to the 941 penalties section. I think you're right, it only applies if the tax being paid late, so they're aren't any penalties.