FAQs on Form 94x Series

What is the penalty for failing to file Form 940?

The penalty for filing Form 940 late is 5% of the the unpaid tax amount. This rate is charged up to 5 months and includes part of the month that the return is late.

Related Questions

What is the purpose of Form 940?

Who Must File Form 940?

When Must You File Form 940?

How Do I E-file Form 940 with TaxBandits?

Who is exempt from paying FUTA tax?

Last modified 05 Jan 2018 05:01 EST