I have formed a single person LLC. Do I have to file IRS form 941 (Federal Quarterly Tax Return)?

Public Comments

1. No. Anything related to a payroll form is not filed. In an LLC, wages are not paid to a member (owner). You pay those related payroll taxes on your individual tax return when you report your LLC activity on Schedule C.
2. If you have no employees including yourself then the answer is no. 941 are used to forward the taxes you withhold from your employees wages to the IRS. If you pay yourself on a W2 then you must file a 941. if you claim all your profit on Schedule C then you will pay your self employment taxes on Schedule SE, if you owe more than $1,000 you will probably have to pay a penalty and be subject to estimated taxes.