IRS Form 940 2018 Employer's Annual Federal Unemployment (Futa) Tax Return

IRS Form 940 or the "Employer's Annual Federal Unemployment (futa) Tax Return" is a form issued by the U.S. Department of the Treasury - Internal Revenue Service.

Download a PDF version of the latest IRS Form 940 down below or find it on the U.S. Department of the Treasury - Internal Revenue Service Forms website.

Step-by-step Form 940 instructions can be downloaded by clicking this link.

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940 for 2018:
Employer's Annual Federal Unemployment (FUTA) Tax Return
850113
Form
OMB No. 1545-0028
Department of the Treasury — Internal Revenue Service
Employer identification number
Type of Return
(EIN)
(Check all that apply.)
Name (not your trade name)
a. Amended
b. Successor employer
Trade name (if any)
c. No payments to employees in
2018
Address
d. Final: Business closed or
Number
Street
Suite or room number
stopped paying wages
Go to www.irs.gov/Form940 for
instructions and the latest information.
City
State
ZIP code
Foreign country name
Foreign province/county
Foreign postal code
Read the separate instructions before you complete this form. Please type or print within the boxes.
Part 1:
Tell us about your return. If any line does NOT apply, leave it blank. See instructions before completing Part 1.
1a
If you had to pay state unemployment tax in one state only, enter the state abbreviation .
1a
1 b
If you had to pay state unemployment tax in more than one state, you are a multi-state
Check here.
employer .
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1b
Complete Schedule A (Form 940).
Check here.
2
If you paid wages in a state that is subject to CREDIT REDUCTION .
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.
2
Complete Schedule A (Form 940).
Part 2:
Determine your FUTA tax before adjustments. If any line does NOT apply, leave it blank.
.
3
Total payments to all employees .
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3
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4
Payments exempt from FUTA tax .
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4
Check all that apply: 4a
Fringe benefits
4c
Retirement/Pension
4e
Other
4b
4d
Group-term life insurance
Dependent care
5
Total of payments made to each employee in excess of
.
$7,000 .
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5
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6
Subtotal (line 4 + line 5 = line 6) .
6
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7
Total taxable FUTA wages (line 3 – line 6 = line 7). See instructions .
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7
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8
FUTA tax before adjustments (line 7 x 0.006 = line 8) .
8
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.
Part 3:
Determine your adjustments. If any line does NOT apply, leave it blank.
9
If ALL of the taxable FUTA wages you paid were excluded from state unemployment tax,
.
multiply line 7 by 0.054 (line 7 × 0.054 = line 9). Go to line 12
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.
9
10
If SOME of the taxable FUTA wages you paid were excluded from state unemployment tax,
OR you paid ANY state unemployment tax late (after the due date for filing Form 940),
.
complete the worksheet in the instructions. Enter the amount from line 7 of the worksheet .
.
10
.
11
If credit reduction applies, enter the total from Schedule A (Form 940)
.
.
.
.
.
.
.
11
Part 4:
Determine your FUTA tax and balance due or overpayment. If any line does NOT apply, leave it blank.
.
12
Total FUTA tax after adjustments (lines 8 + 9 + 10 + 11 = line 12) .
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.
12
.
13
FUTA tax deposited for the year, including any overpayment applied from a prior year
13
.
14
Balance due. If line 12 is more than line 13, enter the excess on line 14.
• If line 14 is more than $500, you must deposit your tax.
.
• If line 14 is $500 or less, you may pay with this return. See instructions
.
.
.
.
.
.
.
14
.
15
Overpayment. If line 13 is more than line 12, enter the excess on line 15 and check a box below 15
You MUST complete both pages of this form and SIGN it.
Check one:
Apply to next return.
Send a refund.
Next
940
For Privacy Act and Paperwork Reduction Act Notice, see the back of the Payment Voucher.
Form
(2018)
Cat. No. 11234O
940 for 2018:
Employer's Annual Federal Unemployment (FUTA) Tax Return
850113
Form
OMB No. 1545-0028
Department of the Treasury — Internal Revenue Service
Employer identification number
Type of Return
(EIN)
(Check all that apply.)
Name (not your trade name)
a. Amended
b. Successor employer
Trade name (if any)
c. No payments to employees in
2018
Address
d. Final: Business closed or
Number
Street
Suite or room number
stopped paying wages
Go to www.irs.gov/Form940 for
instructions and the latest information.
City
State
ZIP code
Foreign country name
Foreign province/county
Foreign postal code
Read the separate instructions before you complete this form. Please type or print within the boxes.
Part 1:
Tell us about your return. If any line does NOT apply, leave it blank. See instructions before completing Part 1.
1a
If you had to pay state unemployment tax in one state only, enter the state abbreviation .
1a
1 b
If you had to pay state unemployment tax in more than one state, you are a multi-state
Check here.
employer .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
1b
Complete Schedule A (Form 940).
Check here.
2
If you paid wages in a state that is subject to CREDIT REDUCTION .
.
.
.
.
.
.
.
2
Complete Schedule A (Form 940).
Part 2:
Determine your FUTA tax before adjustments. If any line does NOT apply, leave it blank.
.
3
Total payments to all employees .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
3
.
4
Payments exempt from FUTA tax .
.
.
.
.
.
.
4
Check all that apply: 4a
Fringe benefits
4c
Retirement/Pension
4e
Other
4b
4d
Group-term life insurance
Dependent care
5
Total of payments made to each employee in excess of
.
$7,000 .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
5
.
6
Subtotal (line 4 + line 5 = line 6) .
6
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
7
Total taxable FUTA wages (line 3 – line 6 = line 7). See instructions .
.
.
.
.
.
.
.
.
7
.
8
FUTA tax before adjustments (line 7 x 0.006 = line 8) .
8
.
.
.
.
.
.
.
.
.
.
.
.
Part 3:
Determine your adjustments. If any line does NOT apply, leave it blank.
9
If ALL of the taxable FUTA wages you paid were excluded from state unemployment tax,
.
multiply line 7 by 0.054 (line 7 × 0.054 = line 9). Go to line 12
.
.
.
.
.
.
.
.
.
.
9
10
If SOME of the taxable FUTA wages you paid were excluded from state unemployment tax,
OR you paid ANY state unemployment tax late (after the due date for filing Form 940),
.
complete the worksheet in the instructions. Enter the amount from line 7 of the worksheet .
.
10
.
11
If credit reduction applies, enter the total from Schedule A (Form 940)
.
.
.
.
.
.
.
11
Part 4:
Determine your FUTA tax and balance due or overpayment. If any line does NOT apply, leave it blank.
.
12
Total FUTA tax after adjustments (lines 8 + 9 + 10 + 11 = line 12) .
.
.
.
.
.
.
.
.
12
.
13
FUTA tax deposited for the year, including any overpayment applied from a prior year
13
.
14
Balance due. If line 12 is more than line 13, enter the excess on line 14.
• If line 14 is more than $500, you must deposit your tax.
.
• If line 14 is $500 or less, you may pay with this return. See instructions
.
.
.
.
.
.
.
14
.
15
Overpayment. If line 13 is more than line 12, enter the excess on line 15 and check a box below 15
You MUST complete both pages of this form and SIGN it.
Check one:
Apply to next return.
Send a refund.
Next
940
For Privacy Act and Paperwork Reduction Act Notice, see the back of the Payment Voucher.
Form
(2018)
Cat. No. 11234O
850212
Employer identification number (EIN)
Name (not your trade name)
Part 5:
Report your FUTA tax liability by quarter only if line 12 is more than $500. If not, go to Part 6.
16 Report the amount of your FUTA tax liability for each quarter; do NOT enter the amount you deposited. If you had no liability for
a quarter, leave the line blank.
.
16a 1st quarter (January 1 – March 31) .
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16a
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16b 2nd quarter (April 1 – June 30) .
16b
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16c 3rd quarter (July 1 – September 30)
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16c
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16d 4th quarter (October 1 – December 31)
16d
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17
Total tax liability for the year (lines 16a + 16b + 16c + 16d = line 17) 17
Total must equal line 12.
Part 6:
May we speak with your third-party designee?
Do you want to allow an employee, a paid tax preparer, or another person to discuss this return with the IRS? See the instructions
for details.
Yes.
Designee's name and phone number
Select a 5-digit Personal Identification Number (PIN) to use when talking to IRS
No.
Part 7:
Sign here. You MUST complete both pages of this form and SIGN it.
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the
best of my knowledge and belief, it is true, correct, and complete, and that no part of any payment made to a state unemployment
fund claimed as a credit was, or is to be, deducted from the payments made to employees. Declaration of preparer (other than
taxpayer) is based on all information of which preparer has any knowledge.
Print your
Sign your
name here
name here
Print your
title here
Best daytime phone
Date
/
/
Paid Preparer Use Only
Check if you are self-employed
Preparer's name
PTIN
Preparer's
signature
Date
/
/
Firm's name (or yours
if self-employed)
EIN
Address
Phone
City
State
ZIP code
2
940
Page
Form
(2018)
Form 940-V,
Payment Voucher
Purpose of Form
Specific Instructions
Box 1—Employer Identification Number (EIN). If you
Complete Form 940-V if you’re making a payment with
Form 940. We will use the completed voucher to credit
don’t have an EIN, you may apply for one online by
your payment more promptly and accurately, and to
visiting the IRS website at www.irs.gov/EIN. You may also
improve our service to you.
apply for an EIN by faxing or mailing Form SS-4 to the
IRS. If you haven’t received your EIN by the due date of
Making Payments With Form 940
Form 940, write “Applied For” and the date you applied in
this entry space.
To avoid a penalty, make your payment with your 2018
Form 940 only if your FUTA tax for the fourth quarter
Box 2—Amount paid. Enter the amount paid with
(plus any undeposited amounts from earlier quarters) is
Form 940.
$500 or less. If your total FUTA tax after adjustments
Box 3—Name and address. Enter your name and
(Form 940, line 12) is more than $500, you must make
address as shown on Form 940.
deposits by electronic funds transfer. See When Must
You Deposit Your FUTA Tax? in the Instructions for Form
• Enclose your check or money order made payable to
940. Also see sections 11 and 14 of Pub. 15 for more
“United States Treasury.” Be sure to enter your EIN,
information about deposits.
“Form 940,” and “2018” on your check or money order.
Don’t send cash. Don’t staple Form 940-V or your
Use Form 940-V when making any payment with
!
payment to Form 940 (or to each other).
Form 940. However, if you pay an amount with
• Detach Form 940-V and send it with your payment and
Form 940 that should’ve been deposited, you
CAUTION
Form 940 to the address provided in the Instructions for
may be subject to a penalty. See Deposit
Form 940.
Penalties in section 11 of Pub. 15.
Note: You must also complete the entity information
above Part 1 on Form 940.
Detach Here and Mail With Your Payment and Form 940.
940-V
Payment Voucher
OMB No. 1545-0028
2018
Department of the Treasury
Don't staple or attach this voucher to your payment.
Internal Revenue Service
1 Enter your employer identification number (EIN).
Dollars
Cents
2
Enter the amount of your payment.
Make your check or money order payable to “United States Treasury”
3 Enter your business name (individual name if sole proprietor).
Enter your address.
Enter your city, state, and ZIP code or your city, foreign country name, foreign province/county, and foreign postal code.
Form 940 (2018)
Privacy Act and Paperwork Reduction Act Notice.
your tax information to the Department of Justice for civil
We ask for the information on this form to carry out the
and criminal litigation, and to cities, states, the District of
Internal Revenue laws of the United States. We need it
Columbia, and U.S. commonwealths and possessions to
to figure and collect the right amount of tax. Chapter
administer their tax laws. We may also disclose this
23, Federal Unemployment Tax Act, of Subtitle C,
information to other countries under a tax treaty, to
Employment Taxes, of the Internal Revenue Code
federal and state agencies to enforce federal nontax
imposes a tax on employers with respect to employees.
criminal laws, or to federal law enforcement and
This form is used to determine the amount of the tax that
intelligence agencies to combat terrorism.
you owe. Section 6011 requires you to provide the
The time needed to complete and file this form will vary
requested information if you are liable for FUTA tax under
depending on individual circumstances. The estimated
section 3301. Section 6109 requires you to provide your
average time is:
identification number. If you fail to provide this
Recordkeeping . . . . . . . . . .
9 hr., 19 min.
information in a timely manner or provide a false or
fraudulent form, you may be subject to penalties.
Learning about the law or the form . .
1 hr., 23 min.
You’re not required to provide the information
Preparing, copying, assembling, and
requested on a form that is subject to the Paperwork
sending the form to the IRS . . . . . 1 hr., 36 min.
Reduction Act unless the form displays a valid OMB
If you have comments concerning the accuracy of
control number. Books and records relating to a form or
these time estimates or suggestions for making
instructions must be retained as long as their contents
Form 940 simpler, we would be happy to hear from
may become material in the administration of any Internal
you. You can send us comments from
Revenue law.
www.irs.gov/FormComments. Or you can send your
Generally, tax returns and return information are
comments to Internal Revenue Service, Tax Forms and
confidential, as required by section 6103. However,
Publications Division, 1111 Constitution Ave. NW,
section 6103 allows or requires the IRS to disclose or
IR-6526, Washington, DC 20224. Don’t send Form 940 to
give the information shown on your tax return to others
this address. Instead, see Where Do You File? in the
as described in the Code. For example, we may disclose
Instructions for Form 940.

Download IRS Form 940 2018 Employer's Annual Federal Unemployment (Futa) Tax Return

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