I just started a business effective March 1, 2007. Do I need to file the 940---or whichever is the quarterly one...for the first quarter of this year?
2007-04-17 01:36:13 · 3 answers · asked by thebrockmillionaire 3 in Business & Finance ➔ Taxes ➔ United States
form 940 is annual return to pay FUTA (unemployment tax)
941 does the same thing each quarter
2007-04-17 02:03:51 · answer #1 · answered by Jo Blo 6 · 0⤊ 0⤋
Are you an enterprise? if it is so which you probable would be submitting 941's each and every quarter of the wages you paid workers and the taxes you withheld from their pay, and pay that alongside with your proportion a 940 is the three hundred and sixty 5 days end type you record to pay your FUTA taxes on the staff you paid as much as $7000 to
2016-12-16 08:11:06 · answer #2 · answered by ? 4 · 0⤊ 0⤋
941 quarterly and 940 annualy, even if no wages were paid.
2007-04-17 02:07:18 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 1⤋