Form 940 Generator | Free FUTA Tax Return Online 2026

Part 1: State Unemployment Tax

Line 1a · State where you paid state unemployment taxLine 1b · You paid state unemployment tax in more than one state (multi-state employer)Line 2 · You paid wages in a state that is subject to credit reduction

Form 940 Employer's Annual Federal Unemployment (FUTA) Tax Return

2026 · Type of return: Regular

For informational / sample purposes only — not an official IRS document.

Employer

Employer Name

, CA

EIN

—

Part 1: Tell us about your return
Line 1a · State where you paid state unemployment tax	CA
Line 1b · Multi-state employer	☐
Line 2 · Paid wages in a credit reduction state	☐
Part 2: Determine your FUTA tax before adjustments
Line 3 · Total payments to all employees	$0.00
Line 4 · Payments exempt from FUTA tax	$0.00
Line 5 · Total of payments made to each employee in excess of $7,000	$0.00
Line 6 · Subtotal (line 4 + line 5)	$0.00
Line 7 · Total taxable FUTA wages (line 3 − line 6)	$0.00
Line 8 · FUTA tax before adjustments (line 7 × 0.006)	$0.00
Part 3–4: Adjustments and balance due
Line 9 · All wages excluded from state unemployment tax (line 7 × 0.054)	$0.00
Line 10 · Some wages excluded from state unemployment tax	$0.00
Line 11 · Credit reduction	$0.00
Line 12 · Total FUTA tax after adjustments	$0.00
Line 13 · FUTA tax deposited for the year	$0.00

Prepare Form 940 (FUTA) online

Form 940 is the employer's annual Federal Unemployment (FUTA) tax return. Enter total payments to employees, exempt payments and wages over the $7,000 FUTA wage base, and our free Form 940 generator works out taxable FUTA wages, the FUTA tax, adjustments and your balance due or overpayment.

This form is free: preview it and download the PDF at no cost. Tax forms from Thi Pay Stubs are sample documents for your records and planning. File official forms with the IRS using the official versions or an authorized e-file provider.

Frequently asked questions

Who has to file Form 940?

Most employers file Form 940 if they paid wages of $1,500 or more in any calendar quarter, or had at least one employee for some part of a day in 20 or more different weeks during the year. Different rules apply to household and agricultural employers.

How is FUTA tax calculated?

FUTA tax is 6.0% of the first $7,000 paid to each employee in the year. Employers who pay state unemployment tax on time usually get a credit of up to 5.4%, so the net rate is typically 0.6%, or up to $42 per employee.

When is Form 940 due?

Form 940 is generally due by January 31 for the previous year. If you deposited all of your FUTA tax on time, you have until February 10.

Free Form 940 generator

Tax Year & Type of Return

Employer

Part 1: State Unemployment Tax

Part 2: FUTA Tax Before Adjustments

Part 3–4: Adjustments & Deposits

Part 5: FUTA Tax Liability by Quarter

Part 7: Signature

Prepare Form 940 (FUTA) online

Frequently asked questions