by Jay Freeborne , Enrolled Agent
April 21, 2008

The obvious answer is YES, but how are they assessed? And how often do they carry over to the actual taxpayer?

IF YOU ARE A CORPORATION and ring up a 941 debt, the only way the debt will carry to you personally is if the IRS assesses the "TRUST FUND" portion against you (this is about 55% of the 941 debt). We find that this ONLY occurs when a Revenue Officer is assigned to your case. If there is no one assigned to you, maybe that's your opportunity to close out your E.I.N# before a Rev. Officer is assigned?!

IF YOU ARE A SOLE PROPRIETOR and ring up a 941 debt, the only way the debt will carry to you personally is if the IRS places it against your Social Security #. We don't know the actual method of how they do the assessment in sole prop cases, but I know that a "live IRS body" has to make the assessment - and attach against your SSN. It is pretty uncommon, however, in our experience that someone does NOT get 941s in a sole prop case assessed against them personally. But if you are NOT in collections, and NO Rev. Officer is assigned , there is a chance that you MAY NOT!

A even more thorough explanation of 941 issues can be found here: 941 delinquency primer -- almost everything you need to know

For 30 years, WATAX has been solving every kind of tax problem. Call us at 1-888-282-4697 or email us a description of your tax issue and we'll contact you.

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