Get Irs 940 2012-2026

Filing the IRS 940, Employer's Annual Federal Unemployment (FUTA) Tax Return, is an essential task for employers to report their unemployment tax liability. This guide will walk you through the process of filling out the form online with clear, step-by-step instructions.

Follow the steps to fill out your IRS 940 form online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Enter your employer identification number (EIN) in the designated field at the beginning of the form.
3. Select the type of return you are filing by checking all applicable boxes: amended, successor employer, no payments to employees in 2012, or final return.
4. Fill in your name (not your trade name) and your business address, including street, suite or room number, city, state, and ZIP code.
5. Part 1 requires you to indicate your state employment tax status. If you only paid state unemployment tax in one state, enter the state abbreviation. For multi-state employers, indicate accordingly.
6. Record the total payments made to all employees in Part 2. Also include any payments exempt from FUTA tax. Subtract exempt payments from total payments to calculate taxable FUTA wages.
7. Calculate your FUTA tax before adjustments by multiplying total taxable FUTA wages by .006 in Part 3.
8. In Part 4, determine your total FUTA tax after adjustments and enter the amounts for any balance due or overpayment. If necessary, complete the worksheet for adjustments.
9. Part 5 involves reporting your FUTA tax liability by quarter if applicable. Enter tax liability amounts for each quarter as needed.
10. Indicate whether you authorize a third-party designee in Part 6. If yes, provide the designee's name and information.
11. Complete Part 7 by signing and dating the form. Ensure all information is accurate and truthful.
12. After filling in all necessary information, you can save your changes, download the completed form, print it, or share it as required.

Begin filling out your IRS 940 form online today for a seamless tax filing experience.