| General Questions |
| What is Federal Unemployment Tax (FUTA)? |
| Is unemployment tax really a tax or is it insurance? |
| Who pays FUTA? |
| What is the purpose of FUTA? |
| My company is required to pay state unemployment tax. Is FUTA required too? |
| What is the purpose of state unemployment tax? |
| What are my state’s rules regarding unemployment taxes? |
| Are all employers required to pay FUTA? |
| Are all wage payments subject to FUTA? |
| Are there any special situations regarding FUTA? |
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| Calculating Federal Unemployment Tax |
| What is the FUTA tax rate and wage base for 2007? |
| What is the FUTA tax credit and how does it work? |
| What are the requirements to receive the FUTA tax credit? |
| For a business located in a state where the employee is responsible for paying unemployment taxes, does the employer still receive the FUTA tax credit? |
| How is FUTA calculated? |
| If an employee works for more than one employer, is each employer responsible for FUTA? |
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| Depositing Federal Unemployment Tax |
| How are FUTA taxes deposited? |
| When are FUTA taxes due? |
| What is Form 8109-B? |
| How does an employer obtain a blank Form 8109-B? |
| How does an employer obtain preprinted Federal Tax Deposit coupons (Form 8109-B)? |
| What is an authorized depository financial institution? |
| Can deposits be made at a Federal Reserve Bank? |
| When must an employer begin depositing payroll taxes electronically? |
| What is the Electronic Federal Tax Payment System (EFTPS)? |
| Which taxes are deposited using EFTPS? |
| How does an employer enroll in EFTPS? |
| How does an employer use EFTPS? |
| What are the consequences for not using EFTPS when it is required? |
| What are the consequences of depositing FUTA late? |
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| Filing Form 940 – Employer’s Annual Federal Unemployment Tax Return |
| What are the filing requirements regarding FUTA? |
| What methods may be used to document a timely filing? |
| Who is required to file Form 940? |
| What happened to Form 940-EZ? |
| When is Form 940 due? |
| How is Form 940 filed? |
| Where is Form 940 filed? |
| Where can an employer obtain a blank Form 940? |
| How is Form 940 prepared? |
| What are the consequences of filing Form 940 late? |