Get Form 940

Filling out the Form 940 online is an essential task for employers to report their annual federal unemployment tax liability. This guide provides comprehensive, step-by-step instructions to help users navigate the form with ease.

Follow the steps to successfully complete the Form 940 online.

1. Press the ‘Get Form’ button to access the form and open it in the editor.
2. Input your Employer Identification Number (EIN) at the top of the form, ensuring it's correct, as this links your business with your tax obligations.
3. Complete the 'Type of Return' section by checking all applicable boxes, indicating whether this is an amended return, for a successor employer, or if there were no payments to employees for the year.
4. Fill out your business name and trade name, followed by your complete address, including city, state, and ZIP code.
5. In Part 1, report the state unemployment tax details. If you operated in one state, enter its abbreviation. If multi-state, check the appropriate option.
6. Proceed to Part 2 and report the total payments to employees and any payments exempt from FUTA tax. Complete additional fields as necessary, including fringe benefits if applicable.
7. Calculate your taxable FUTA wages by subtracting the total payments exempt from tax from the total payments made, and record this value.
8. In Part 3, determine any adjustments needed for your FUTA tax by following the provided criteria and inputting relevant values.
9. Complete Part 4 by calculating your total FUTA tax after adjustments, reporting any balance due or overpayment as necessary. Make sure all calculations are accurate.
10. If applicable, fill out Part 5 to report your FUTA tax liability by quarter.
11. Indicate whether you would like a third-party designee to discuss this return with the IRS in Part 6.
12. Finally, ensure you sign and date the form in Part 7, confirming the accuracy of the information provided.
13. Review all entered information carefully. Once confirmed, save any changes, download, or print the form for your records.

Start completing your Form 940 online now to ensure timely reporting and compliance.