If you recently closed your business, you generally need to file a final federal tax return for the year you closed. The specific forms depend on your business structure and whether you had employees.
- If you had employees, you may need to file a final Form 941 or Form 944, Form 940, and Form W-2.
- If you permanently stopped paying wages, mark the applicable employment tax return as a final return and provide the required final wage information.
- You should also pay any taxes owed, report applicable payments to contractors, and follow the IRS requirements for closing your business account.
I closed my business a few days ago and want to file the right form with the IRS?
If you recently closed your business, you generally need to file a final federal tax return for the year you closed. The specific forms depend on your business structure and whether you had employees.
If you had employees, you may need to file a final Form 941 or Form 944, Form 940, and Form W-2.
If you permanently stopped paying wages, mark the applicable employment tax return as a final return and provide the required final wage information.
You should also pay any taxes owed, report applicable payments to contractors, and follow the IRS requirements for closing your business account.
Last modified: October 1, 2026
