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 …

Jan 7, 2026 · 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 …

Run a Payroll Summary report for the Form 940 filing period and note the amounts for the payroll items with the matching tax tracking types. To run a Payroll Summary report, go to the Reports menu, …

Nov 26, 2025 · Employers use Form 940, Employer’s Annual Federal Unemployment (FUTA) Tax Return, to report their annual federal unemployment tax. They must also include Schedule A, Multi …

Apr 15, 2025 · Form 940 vs Form 941 explained: Learn which employment tax return your U.S. business needs, how often to file each, and what they report.

Learn how to fill out Form 940 with detailed line-by-line instructions. Get filing requirements and step-by-step guidance for completing Form 940.

Learn how to file Form 940 to report Federal Unemployment Taxes (FUTA) for 2025. This guide includes step-by-step instructions and important deadlines.

Dec 21, 2024 · Form 940 is an annual tax form used to report your employer’s annual federal unemployment (FUTA) tax. This federal tax funds unemployment benefits, helping workers who lose …

Oct 25, 2024 · Filing Form 940 is crucial for small businesses. Learn about what Form 940 is, the filing process, deadlines, and more with Paychex.

Jan 28, 2026 · Form 940, or the Employer’s Annual Federal Unemployment Tax Return, is a mandatory tax document employers use to report and remit their Federal Unemployment Tax Act (FUTA) taxes …