Use Form 940 to report your annual Federal Unemployment Tax Act (FUTA) tax. Together with state unemployment tax systems, the FUTA tax provides funds for paying unemployment compensation to workers who have lost their jobs.
Most employers pay both a federal and a state unemployment tax. Only employers pay FUTA tax. Do not collect or deduct FUTA tax from your employees' wages.
Current revision
Instructions for Form 940 (Print version PDF)
Recent developments
New options for businesses to make payments and get transcripts -- 17-MARCH-2025
Electronic filing of some amended employment tax returns is now available -- 17-JULY-2024
Certain forms, instructions, and publications used by taxpayers in Puerto Rico have been replaced -- 14-MARCH-2024
Schedules
Use Schedule A (Form 940) to figure your annual Federal Unemployment Tax Act (FUTA) tax for states that have a credit reduction on wages that are subject to the unemployment compensation laws.
Schedule A (Form 940) PDF
All Schedule A (Form 940) revisions
Use this schedule to allocate the aggregate information reported on Form 940, Employer's Annual Federal Unemployment (FUTA) Tax Return, to each home care service recipient client.
Schedule R (Form 940) PDF
All Schedule R (Form 940) revisions