Form 940 Worksheet

This report presents summary information from the Government Reporting process to assist in completing the annual IRS Form 940, with totals broken out by quarter. The report can be run for the specific year. You may also reference the Detailed or Summary UE reports under Government Reporting Register for further information.

1. Access Reporting > Reporting & Analytics > System Reports > Government or Financials > Financial Processing > Government Reporting> Activities > Reports.
2. Select Form 940 Worksheet to open the workflow view in a new window.
3. While updating the form, fields marked in red are required to complete the workflow. Click on the buttons to the right of certain fields to open a new window which will allow you to search and select options related to that specific field or choose a date.
4. Select the Corporation for which you want to create a report. If you have only one active corporation, it defaults into this field.
5. The Year defaults to the current year, but can be changed.
6. Click Confirm to generate the report. Click Export to Excel to generate a spreadsheet.
7. The header displays the report name, corporation and year. The report totals payments, exempt payments, excess payments, exempt+excess payments, FUTA taxable and FUTA Tax before adjustment for the quarter, year and corporation.

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