Where mail form 940
You're referring to the IRS Form 940, also known as the Employer's Annual Federal Unemployment (FUTA) Tax Return!
Form 940 is used by employers to report and pay their federal unemployment taxes (FUTA) to the Internal Revenue Service (IRS). Here's a brief overview:
Who needs to file Form 940:
- Employers who pay wages to employees
- Employers who are required to pay state unemployment taxes (SUTA)
- Employers who have paid wages of $1,000 or more in a calendar quarter during the tax year
When to file Form 940:
- The due date for filing Form 940 is January 31st of each year, for the previous calendar year.
What to report on Form 940:
- Total wages paid to employees
- Total FUTA taxes paid
- Any credits or deductions claimed
- Any state unemployment taxes (SUTA) paid
Where to file Form 940:
- You can file Form 940 online through the IRS's Electronic Federal Tax Payment System (EFTPS) or by mailing it to the IRS address listed on the form.
Remember to keep accurate records and file your Form 940 on time to avoid penalties and interest!