Get Irs 940 2024-2025

Filling out the IRS Form 940, the Employer’s Annual Federal Unemployment (FUTA) Tax Return, online can streamline the process for employers. This guide will provide clear instructions to ensure accurate completion of the form, offering support to users with varying levels of experience.

Follow the steps to fill out the IRS 940 online effectively.

1. Click ‘Get Form’ button to obtain the form and access it in your document editor.
2. Begin by entering your employer identification number (EIN) in the designated field.
3. Indicate the type of return you are filing by checking the applicable boxes, including options for amended returns, successor employer statuses, or if you made no payments to employees in 2024.
4. Fill in your employer's name and trade name, if applicable, along with the complete address, including street, city, state, and ZIP code.
5. In Part 1, report any state unemployment tax payments. If applicable, indicate whether you are a multi-state employer and complete the required Schedule A.
6. In Part 2, determine your FUTA tax before adjustments by providing the total payments to all employees and exempt payments.
7. Calculate the taxable FUTA wages and the FUTA tax before adjustments, ensuring to complete lines as required and following provided instructions.
8. In Part 3, outline any credit reduction adjustments and determine your total FUTA tax after these adjustments.
9. Next, if balance due or overpayment applies, complete the corresponding sections to finalize your tax calculations.
10. For Part 5, if your FUTA tax liability is more than $500, report your liability for each quarter.
11. Use Part 6 to designate a third-party designee if necessary.
12. Lastly, ensure you sign and date the form, confirming the accuracy of the information provided.
13. After completing the form, save changes, and you can then optionally download, print, or share the form as needed.

Start filling out your IRS Form 940 online today for a smoother filing experience.