The IRS will send you a letter asking you to sign and date. As long as the tax has been paid in full by the deadline, there won’t be any penalties. Since the IRS is closed right now, you might want to be proactive and send them a new Form 940 (signed and dated). If you opt to go this route, take two extra steps. Across the top of the Form 940 write “Superceding return” and attach a cover letter explaining how the first Form 940 wasn’t signed or dated, and you caught the mistake, and are now sending them a properly signed and dated Form 940.
Hope this helps!
William Perez, EA
Staff writer for tax and accounting, FitSmallBusiness.com
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