Form 940 Next question Part 2: Determine your FUTA tax before adjustments. If any line does NOT apply, leave it blank. 3 Total payments to all employees 4 Payments exempt from FUTA tax - X Check all that apply: 4a Fringe benefits 4c 4b Group-term life insurance 4d Retirement/Pension Dependent care 4. Other 5 Total of payments made to each employee in excess of $7,000 6 Subtotal (line 4 + line 5 line 6) 7 Total taxable FUTA wages (line 3-line 6 line 7) 8 FUTA tax before adjustments (line 7 x 0.006 line 8) Part 3: Determine your adjustments. If any line does NOT apply, leave it blank. 9 If ALL of the taxable FUTA wages you paid were excluded from state unemployment tax, multiply line 7 by .054 (line 7 x .054 line 9). Go to line 12 10 If SOME of the taxable FUTA wages you paid were excluded from state unemployment tax, OR you paid ANY state unemployment tax late (after the due date for filing Form 940), complete the worksheet in. the instructions. Enter the amount from line.7. of the worksheet 11 If credit reduction applies, enter the total from Schedule A (Form 940) 10 11 Print Done 6 7 8 Anali