Get Answers Support Tax Filings & Payments 94x Forms Form 940 Are there any penalties associated with IRS Form 940? Last modified 3/31/2023 3:59:41 AM EST If your business fails to file a proper 940 tax form with the IRS by January 31, 2024, the IRS will assess penalties. By doing the following, you can avoid unwanted interest and penalties from the IRS: Deposit your FUTA taxes on time File your annual Form 940 by the deadline Attach the required Schedules (A, R) Use TaxBandits to file Form 940 with other supporting forms. Was this helpful? Yes No Related Questions How to file Form 940 in TaxBandits? What is Form 940? Who must file form 940? What information is required to file Form 940 for 2023? Go to Home Page Need more help? Get in touch with our dedicated support team Contact Us (704) 684-4751 support@taxbandits.com Sign Up for a FREE TaxBandits Account! The Smart CPA Choice Register Now Already have an account? Sign in