File Form 940 Schedule R Online
IRS-authorized e-file provider exclusively for CPEOs
and Section 3504 Agents.
Streamlined Solution to Manage Your Clients' Unemployment Tax Filing
- Import Your Client Data with our easy-to-use Excel templates
- Invite Your Team Members to manage your filing
- Built-in Review Portal to get observations about your return
- API Solution for seamless automation of Aggregate filing
E-filing Software Exclusively Designed for Aggregate Filers
Offers simplified tax filing solution for aggregate filers
Certified Professional Employer Organization (CPEO)
File aggregate returns for clients who have authorized you using Form 8973
How to E-File Schedule R (Form 940) with TaxBandits?
Choose the tax year and quarter for which you need to file your Aggregate Form 940 and Schedule R return. TaxBandits supports filing for prior tax years.
Enter the required information in Form 940 and choose the type of filer type, either Section 3504 agent or CPEO.
Fill in the details for each client. You either manually input the data or export the data using Excel templates.
Review the Aggregate Form 940 and Schedule R information. If the values are not matched, you can edit the Aggregate Form 940 details or the Schedule R details.
You can choose your preferred payment method, such as EFW, EFTPS, Credit Card, Check, or money order. TaxBandits now offers an EFTPS Online Payments solution.
Review the completed form and make changes if needed. TaxBandits will auto-audit your information based on IRS business rules.
After completing and reviewing the form, transmit the form to the IRS.
Are you ready to file your Form 940 Schedule R?
Get Started with TaxBandits today & simplify your client’s employment tax filing.
Next-Gen Features to Simplify and Automate Your Aggregate Tax Filing
Get Your E-Filing Simpler with Our Intuitive Features
Simplified Bulk Data Import Option using our easy-to-use Excel template
Download Our Excel Template:
- Fill in your client details (EIN, Separate line for the FUTA tax amounts allocated to each of your clients).
- Download as Excel
Import Client Details:
After filling up your client details, upload the completed Excel file into our software.
Preview Your Client Information:
- You will be shown a preview of the client information imported via the uploaded Excel file.
- Before proceeding, you’ll receive a prompt with the upload status, including the total clients in the file, the number successfully imported, and any client entries with errors.
Built-In Review Portal:
- Before filing, you can send a secure link via e-mail to the client to review the completed forms through our built-in review portal.
- You can also check the reviewer’s comments and activity in this portal.
Manage Your Clients Filing Efficiently with TaxBandits
Invite Your Team Members to Manage Your Client’s Filing
Invite your team members
- Invite unlimited team members to manage the workflow and complete tax filing with ease.
Assign specific roles
- Assign specific roles (Preparer, Approver, & Transmitter) for each team member, granting them appropriate access levels.
Activity management
- Monitor your team’s activity and track the workflow using our activity log feature.
Automate Your Clients’ Filings with Our Developer-Friendly API Integration
- Sign up for a free SandBox developer account.
- Integrate our 940 API to your existing application.
- Easy integration with clear documentation.
- A secure sandbox environment for testing.
- Access to open SDK Libraries.
What Information is Required to File Schedule R (Form 940) Online?
You must have the following information before filing Schedule R (Form 940):
- 1. Business Information of CPEO / Section 3504 Agent (Home care service recipients approved by the IRS)
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2. Employment details of the aggregate filers and their clients:
- Total number of employees
- Total taxable FUTA wages
- Total adjustments for state exclusions (if applicable)
- Total credit reduction amount
- Total FUTA tax after adjustments
- Total FUTA tax deposits
Start e-filing your Form 940 Schedule R and get instant status updates with TaxBandits
Our Testimonials
Discover why millions of businesses and tax professionals prefer TaxBandits!
So easy and convenient! I struggled for years preparing the 941 and 940 returns and getting to the post office in time. The fee for filing with TaxBandits is lower than the certified mail with a return receipt, and the forms always come out very professionally!
I believe TaxBandits is an excellent resource for filing forms to the IRS and the Social Security Administration. I have looked at other third-party providers, but I couldn't find one that makes filling out all the forms as easy. Thank you for making my job simpler!
As a CPA formerly in public practice, now working for a local city government, TaxBandits is a great and simple application for filing 941, 940, and 1099s. I am thankful to have found it.
Frequently Asked Questions
What is Schedule R (Form 940)?
CPEOs and agents of home care service recipients approved by the IRS under section 3504 are required to attach Schedule R (Form 940) to Form 940, Employer’s Annual Federal Unemployment (FUTA) Tax Return. Schedule R simplifies the aggregate reporting process by allocating aggregate wages, taxes, credits, deposits, and payment amounts to be reported on Form 940.
CPEOs can file the returns listed on Form 8973, and are generally required by the IRS to file their Schedule R electronically. Section 3504 Agents can file the returns listed on their Form 2678 appointment. Aggregate filers can use their own EIN to file a single Form 940 for all of their clients via Schedule R, along with those clients’ respective FUTA wage and tax liability information.
Apart from CPEOs, Aggregate Form 940s for home care service recipients are filed by agents (approved by the IRS under section 3504 through Form 2678, unless you are a state or local government agency acting as agent).
What is the deadline for 2023 Form 940 Schedule R?
The deadline for filing Form 940 Schedule R for 2023 is January 31, 2024.
If you fully deposited all your FUTA tax when it was due you have until February 10, 2024 to file Form 940.
What are the penalties for failing to file Schedule R (Form 940)?
Generally, the CPEO is solely responsible for paying the client's employment taxes, filing returns, and making deposits and payments for the reported taxes. IRC Section 3504 Agents and their clients are both responsible for paying their employment taxes, filing returns, making deposits and payments for the reported taxes.
Late-deposit penalty amounts are determined using calendar days, starting from the due date of the liability.
File Your Tax Return On Time! Avoid Your Penalties!
File Form 940 Schedule R Electronically with TaxBandits
- Quick & Secure Processing
- Instant Status Updates from the IRS
- Bulk Upload using Excel Templates
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Sign using 8453-EMP or
Online PIN
Helpful Resource for Form 940 Schedule R
