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IRS Tax Form 940 Instructions for 2009, 2010



February 21, 2010

Form 940 is used to report your annual Federal Unemployment Tax Act (FUTA) tax. The purpose of the FUTA tax is to provide funds for paying unemployment compensation to workers who have lost their jobs. Employers pay FUTA tax and do not deduct this tax from their employee’s wages.
Do I Have to File Form 940?
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