Form 940 Definition
The Employer’s Annual Unemployment Return, required of all businesses with employees earning $1500 or more in a year.
Form 940 Extended Definition
Employers report their FUTA taxes on Form 940, which is due January 31 of the following year. If the due date falls on a weekend, Form 940 is due on the first Monday after the deadline.
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Last Updated By
Jenna Hutkowski | Apr 27, 2023