Form 940 – Employer's Annual FUTA Return

Form 940 is an annual report used to report FUTA (Federal Unemployment Tax Act) tax. Generally, employers that answer "Yes" to either of the questions below (some exclusions/situations may apply) will need to file Form 940:

1. Did you pay wages of $1,500 or more to employees in any calendar quarter during 2010 or 2011?
2. Did you have one or more employees for at least some or part of a day in any 20 or more different weeks in 2010 or 20 or more different weeks in 2011? Count all full-time, part-time, and temporary employees?

You will need the following information to file this form:

• EIN (Employer ID Number)
• PIN (Personal ID Number)
• Annual Wages
• Adjustments for state exclusions (if applicable)
• FUTA liabilities by quarter
• FUTA deposits.
   

Due Dates for Form 940

To Internal Revenue Service:

January 31*

*If date shown falls on a Saturday, Sunday or legal holiday, the due date is the next business day.