Form 940
Employer's Annual Federal Unemployment (FUTA) Tax Return
Form 940 is the employer's annual federal unemployment (FUTA) tax return. Enter total payments, exempt payments and wages above $7,000 per employee; taxable FUTA wages, the 0.6% tax, the balance due and quarterly liabilities are worked out on the official 2025 form.
What it reports
- The annual FUTA tax for employers who paid $1,500 or more in wages in a quarter
- Exempt payments, state unemployment credit adjustments and credit reduction states
- Quarterly FUTA liability when the tax is more than $500
What you'll get
- The official IRS form with every entry in place, as a PDF ready to sign
- Downloads on your order page for 30 days, plus an email link
How it works
- 1Enter the information once; add every recipient you need.
- 2Check the official form, filled in, in the live preview.
- 3Pay once and download your PDF right away.
Questions
How is the FUTA tax figured?
Taxable FUTA wages (the first $7,000 paid to each employee, less exempt payments) times 0.6%, adjusted as Part 3 describes.
When is Form 940 due?
By January 31 of the following year, or by February 10 if you deposited all FUTA tax when due.
Which tax years can I prepare Form 940 for?
2025. Each year uses the IRS edition in effect for it, and the preview shows exactly that edition.
How much does Form 940 cost?
$19.99 per form, paid once at checkout. There is no account, subscription or extra fee, and you see the full filled form before you pay.