About Form 940, Employers Annual Federal Unemployment (FUTA) Tax . . . Use Form 940 to report your annual Federal Unemployment Tax Act (FUTA) tax Together with state unemployment tax systems, the FUTA tax provides funds for paying unemployment compensation to workers who have lost their jobs
2025 Form 940 - Internal Revenue Service Complete Form 940-V if you’re paying your balance due on Form 940 by check or money order We will use the completed voucher to credit your payment more promptly and accurately, and to improve our service to you
Form 940: Employer’s Annual FUTA Tax Return – eForms Form 940 is an IRS document filed by employers once a year to report their Federal Unemployment Tax Act (FUTA) tax liability Unlike other federal payroll taxes — such as Medicare and Social Security — FUTA taxes are only paid by the employer and not deducted from employees' wages
2024 Form 940 - Internal Revenue Service To avoid a penalty, make your payment with your 2024 Form 940 only if your FUTA tax for the fourth quarter (plus any undeposited amounts from earlier quarters) is $500 or less
E-file employment tax forms | Internal Revenue Service The Form 940 e-file program allows you to electronically file an amended Form 940 Benefits to e-filing: It saves you time It is secure and accurate You receive acknowledgement within 24 hours For more information on the IRS e-file program go to Modernized e-File (MeF) Platform