by Jay Freeborne , Enrolled Agent

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 we 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!

Learn more about 941 issues in other areas of the blog: 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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