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941 Omitted Fringe Benefits

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    941 Omitted Fringe Benefits

    I have a couple of clients who have filed 941's but omitted to add 2% shareholder health insurance to line 2. They filed their W-2's correctly. Will this pose a problem? Should they refile their 941's? I'm thinking yes as W-3 totals won't match 941 totals for the year, am I correct?

    And assuming they have to file 941X can they just do the 4th Quarter?
    Last edited by equinecpa; 01-19-2012, 04:15 PM.

    #2
    I think I answered this one myself. Per Pub 15 the 2% shareholder insurance must be added to the 941 report at least once for the year. It can be added to the last report. I guess I'm going to be filing some 941X's.

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      #3
      That's what I do. Show it on the last one due in January.

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