Free Trial: TheSiteFactory.com

Federal payroll liability returned to client

Technical topics regarding tax preparation.
#1
Posts:
27
Joined:
1-May-2014 11:16am
Location:
New Jersey
The other day, my client handed me 2 checks from the US Treasury, both dated December, 2019 The amounts were for his 2019 1st and 2nd quarter, 941 taxes. The payments that my client sent in were paid timely. I have never had this happen before and don't quite know what the next steps are. Any help would be appreciated.
 

#2
JR1  
Posts:
2716
Joined:
21-Apr-2014 9:31am
Location:
Western 'burbs of Chicago
I didn't think you could mail checks for payroll taxes for about 5 years now. Must be EFTPS or some other epay method.
Go Blackhawks! Go Pack Go!
Remembering our son, Ben Jan 22, 1992 to Aug 26, 2011.
For FB'ers: https://www.facebook.com/groups/BenRoberts/
 

#3
Posts:
475
Joined:
22-Apr-2014 9:07am
Location:
Chicago, IL
It appears that the 941 taxes were paid but the forms were not filed, or were not processed properly. Or the payments were doubled up. Get account transcripts for the periods and compare them to the 941's as they should've been filed and paid.

I would also tell the client not to cash those checks.
 

#4
Posts:
27
Joined:
1-May-2014 11:16am
Location:
New Jersey
Forms were filed timely.

For JR, he's the only client that still uses the 941-V (payment voucher). States right on the voucher, "Make check or money order payable to United States Treasury".
 

#5
Posts:
1387
Joined:
21-Apr-2014 11:24am
Location:
North Carolina
Is his quarterly liability less than $2,500.00? If so, he is entitled to mail a check with the return and a 941-V.
 

#6
Posts:
27
Joined:
1-May-2014 11:16am
Location:
New Jersey
Yes they are. Liability for the quarters were (approx.) $250.00 and $650.00.
 

#7
JR1  
Posts:
2716
Joined:
21-Apr-2014 9:31am
Location:
Western 'burbs of Chicago
Weird indeed. Wrong address? Just grasping here...sounds like a phone call will be necessary. Ugh.
Go Blackhawks! Go Pack Go!
Remembering our son, Ben Jan 22, 1992 to Aug 26, 2011.
For FB'ers: https://www.facebook.com/groups/BenRoberts/
 

#8
mscash  
Posts:
446
Joined:
28-Apr-2014 1:26pm
Location:
Modesto, California
Get an account transcript so you can see what has posted. That may clear up the mystery.
 


Return to Taxation



Who is online

Users browsing this forum: Anderly, CIP1040, cl2018, cpalake, damtaxmann, DavidG, Google [Bot], HowardS, Shoebox, supdat and 72 guests