Skip to main content
August 30, 2024
Question

941 form

  • August 30, 2024
  • 1 reply
  • 0 views

Husband owns a LLC. No employees and has not paid him self out of the business account (fairly new business) do i need to file a 941 form? workers comp is doing an audit for some reason and requesting this form. but we have no employees. 

1 reply

August 30, 2024

Has the LLC made an election to be taxed as a corporation?

 

If not, your husband is self-employed (files his business on Schedule C of your tax return).  

 

Does the Worker's Compensation company know that your husband is self-employed?  If so, they should be asking for a copy of your Schedule C.

 

I think Worker's Compensation does an 'audit' every year because the cost of the insurance is based on the pay of the workers, so they need to check what the pay of the workers is every year.

Employee
August 30, 2024

I agree with @AmeliesUncle and, further, this may be a random audit of LLCs by the state.

 

You might be able to dispose of the matter with a letter of explanation or even a phone call.