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940 Online

Form 940 is the Employer’s Annual Federal Unemployment (FUTA) Tax Return. This essential form is used by employers to report their annual federal unemployment tax liabilities.

Why File Form 940 online with Tax1099?

eFiling starts at $0.65/form

Overview

Form 940 is the Employer’s Annual Federal Unemployment (FUTA) Tax Return. This essential form is used by employers to report their annual federal unemployment tax liabilities.

When to file form 940 Online

Wages Over $1,500: If you paid any of your employees at least $1,500 during the standard calendar year, you’re required to file Form 940.

20 or More Weeks of Employment: If you had any employees, whether they’re temporary, part-time, or full-time, working for you during 20 or more weeks in the year, you also need to file Form 940. These 20 weeks don’t have to be consecutive; they can be spread out throughout the year.

Remember, even if you usually have employees but didn’t make any payments to them during a specific calendar year, you still have to file Form 940. Just make sure to indicate on the form that no payments were made during that time.

So, if you meet either of these two conditions, it’s time to fill out Form 940 to fulfill your tax obligations.

Requirements to file form 940 Online

To ensure a smooth filing process, make sure you have the following information ready:

  • Employer Identification Number (EIN)
  • Business name and address
  • Accurate wage and tax information for the reporting year

500K+ businesses are enjoying these excellent Tax1099 Features:

Schedule A (Form 940): Effortlessly submit your Schedule A (Form 940) using Tax1099, allowing you to directly transmit the information to the IRS for reporting your unemployment tax payment or credit reduction.

94x Online Signature PIN: When submitting your Form 940 to the IRS, it is mandatory to affix your online signature using a Personal Identification Number (PIN). Obtain your FREE Online Signature PIN effortlessly through Tax1099.

Tax filing for Previous Year: Tax1099 offers support for filing Form 940 for both the current and prior tax periods.