This report contains information required to fill out the Federal 940 (FUTA) report. The Box numbers indicate the box locations on the actual 940 Form; simply re-enter the balances in the report in the corresponding boxes on the form.
Note: The data in this report is based on any information you enter in the Pay History window as well as MYOB AccountEdge payroll transactions.
More Details about the 940 Report
940 Report
1st Quarter
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Total Wages Paid (Box 1): |
$58,746.00 | |
Wages in Excess of $7,000.00 (Box 3): |
$37,746.00 | |
Wages Subject to FUTA (Box 5): |
$21,000.00 | |
FUTA Tax Rate: |
0.80000% | |
FUTA: |
$168.00 | |
940 Report - Sample Report