To find the correct numbers from your Payroll Returns, please use these figures:
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Form 940, Employer's Annual Federal Unemployment (FUTA) Tax Return: Line 12 (Total FUTA tax after adjustments)
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Form 941: Add boxes 5a and 5c, then divide by 2 to calculate employer's match for Social security and Medicare taxes.
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Form W3: You do not include anything from this form as it is mostly a summary of your Form 941s.
- Your State most likely has an Unemployment Tax as well which requires you to file a return, so include that figure as well.
