Employers: Should you file Form 944 or 941?

 

February 28, 2020

If you're currently required to file Form 944, Employer's Annual Federal Tax Return, but estimate your tax liability to be more than $1,000, you may be eligible to update your filing requirement to Form 941, Employer's Quarterly Federal Tax Return.

If you're an employer required to file a Form 941 but estimate your tax liability will be $1,000 or less for the tax year, you may be eligible to switch to Form 944.

To request a change, send a written request, postmarked by March 15 or call the IRS at 1-800-829-0115 by April 1. The agency will send a written notice if it changes your filing requirement.

For more information visit IRS.gov.