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7) in the“Total for year” column. Enter zero ($560 - $320 -

$240 - 0) in the column for the fourth quarter.

Privacy Act and Paperwork Reduction Act Notice.

We ask for the information on this form to carry out the

Third-Party Designee. If you want to allow any

Internal Revenue laws of the United States. We need it to

individual, corporation, firm, organization, or partnership

figure and collect the right amount of tax. Chapter 23,

to discuss your 2005 Form 940 with the IRS, check the

Federal Unemployment Tax Act, of Subtitle C,

“Yes” box in the Third-Party Designee section of the

Employment Taxes, of the Internal Revenue Code

return. Also, enter the name, phone number, and any five

imposes a tax on employers with respect to employees.

numbers the designee chooses as his or her personal

This form is used to determine the amount of the tax that

identification number (PIN). The authorization applies

you owe. Section 6011 requires you to provide the

only to the tax form upon which it appears.

requested information if you are liable for FUTA tax under

By checking the “Yes” box, you are authorizing the

section 3301. Section 6109 requires you to provide your

IRS to call the designee to answer any questions relating

employer identification number (EIN). If you fail to provide

to the information reported on your tax return. You are

this information in a timely manner, you may be subject

also authorizing the designee to:

•

to penalties and interest.

Exchange information concerning your tax return with

You are not required to provide the information

the IRS and

•

requested on a form that is subject to the Paperwork

Request and receive written tax return information

Reduction Act unless the form displays a valid OMB

relating to your tax return including copies of specific

control number. Books or records relating to a form or its

notices, correspondence, and account transcripts.

instructions must be retained as long as their contents

You are not authorizing the designee to receive any

may become material in the administration of any Internal

refund check, bind you to anything (including additional

Revenue law.

tax liability), or otherwise represent you before the IRS. If

Generally, tax returns and return information are

you want to expand the designee’s authorization or

confidential, as required by section 6103. However,

desire automatic issuances of copies of notices, see Pub.

section 6103 allows or requires the IRS to disclose or

947, Practice Before the IRS and Power of Attorney.

give the information shown on your tax return to others

The Third-Party Designee authorization is

as described in the Code. For example, we may disclose

substantially equivalent to Form 8821, Tax Information

your tax information to the Department of Justice for civil

Authorization, but automatically expires one year from

and criminal litigation, and to cities, states, and the

the due date (without regard to extensions) for filing your

District of Columbia for use in administering their tax

2005 Form 940. If you or your designee desire to

laws. We may also disclose this information to other

terminate the authorization prior to the expiration of the

countries under a tax treaty, to federal and state

one year period, a written statement conveying your wish

agencies to enforce federal nontax criminal laws, or to

to revoke the authorization should be submitted to the

federal law enforcement and intelligence agencies to

IRS address where the return was filed or would have

combat terrorism.

been filed without payment.

The time needed to complete and file this form will

Signature. Form 940 must be signed as follows:

•

vary depending on individual circumstances. The

Sole proprietorship — The individual owning the

estimated average time is: Recordkeeping, 15 hr., 32

business.

•

min.; Learning about the law or the form, 1 hr., 23

Corporation (including a limited liability company

min.; Preparing and sending the form to the IRS,

(LLC) treated as a corporation) —The president, vice

1 hr., 57 min.

president, or other principal officer.

•

If you have comments concerning the accuracy of

Partnership (including an LLC treated as a

these time estimates or suggestions for making this form

partnership) or unincorporated organization —A

simpler, we would be happy to hear from you. You can

responsible and duly authorized member or officer having

write to: Internal Revenue Service, Tax Products

knowledge of its affairs.

•

Coordinating Committee, SE:W:CAR:MP:T:T:SB, 1111

Single member limited liability company (LLC)

Constitution Ave. NW, IR-6406, Washington, DC 20224.

treated as a disregarded entity —The owner of the

Do not send the Form 940 to this office. Instead, see

limited liability company (LLC).

•

Where To File on page 3.

Trust or estate — The fiduciary.

The return may also be signed by a duly authorized

agent of the taxpayer if a valid power of attorney has

been filed.

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Instructions For Form 940 - Employer'S Annual Federal Unemployment (Futa) Tax Return - 2005 Page 8

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