I forgot to file a 941 for medicare tax

[joe7230]

As the only owner of an S Corp I prepared a W-2 for myself for $8468.  I already exceeded the SS limit on a different W-2 and want no personal income tax withheld.  I must however, write in Medicare withholding of $123.  The  problem is I didn't submit a 941 meaning I didn't pay the $123.  Do I wait for the IRS to bill me for the $123?  Should I prepare a 1099 Misc instead of a W-2?  What's the best way to handle this?  

[Just-Lisa-Now- · Accepted solution]

I think youve landed in the wrong place.  This is a message board for professional tax preparers.  You may want to repost your question in the TurboTax message boards for DIYers.

https://ttlc.intuit.com/questions

[qbteachmt]

This is Meaningless: "I already exceeded the SS limit on a different W-2"

Because that requirement is per Employer.

This is an Error on your part, as the Employer: "I must however, write in Medicare withholding of $123.  The  problem is I didn't submit a 941 meaning I didn't pay the $123."

The 941 is for Payroll. Not just because there is or is not something that needs to also be paid in.

"Do I wait for the IRS to bill me for the $123?"

You need to finish all of your payroll paperwork, even if it is This Late. Your 1120S is wrong, too.

You need Professional Help in person.